There was much speculation as to when the UFC would broker a uniform deal. The long-awaited deal will begin during International Fight Week in July 2015 according to the joint announcement on December 2nd. Details of the deal are outlined here. The deal is estimated at 6 years for $70 million and offers a unique […]
14 for 14: No. 3 (tie) Bellator 131 scores ratings, Bellator hits PPV
A pair of Bellator events make it to the top 3. First, Bellator 131 has its best ratings. Bellator 131 on SpikeTV November 15, 2014 was the biggest event in Bellator history to date. As we know, Bellator 131 took place in San Diego, California with Tito Ortiz taking on Stephan Bonnar in the main […]
14 for 14: No. 4 Zuffa downgraded by Standard and Poor’s
This fall Standard & Poor’s downgraded Zuffa’s credit rating and then its business outlook over a month later. The downgrade in credit rating from “BB” to “BB–” was due to “greater EBITDA volatility.” S&P issues credit ratings for the debt of public and private companies and is one of several credit agencies that is designated […]
Zuffa retains Boies Schiller & Flexner
The UFC issued a statement in which it announced that it has retained the law firm of Boies, Schiller & Flexner to defend it against plaintiffs seeking class action status alleging Zuffa of violating antitrust laws. Per the UFC web site: We have built a popular business from modest beginnings by meeting the needs of […]
Jones reveals truth about losing Nike sponsorship
MMA Fighting reports that Jon Jones did not lose his Nike sponsorship due to his media day brawl with Daniel Cormier. But while under oath with the Nevada Athletic Commission in September, he told the commission that he lost it due the brawl. The public revelation of this came out during a media call on […]