According to John Ourand of the Sports Business Journal, UFC 249 taking place on Saturday night drew “north of 700,000 buys.” It was the promotion’s first event back after taking time off due to the Coronavirus pandemic. UFC 249 without fans in Jacksonville, Florida. The event was under scrutiny as the company implemented protocols to […]
Endeavor secures additional $260M loan
The Wall Street Journal reports that Endeavor Group has secured a $260 million loan to help its operations as it continues to fight through an economic downturn during the shuttering of events. The newfound funds will carry an almost 11% interest rate. JPMorgan Chase & Co. will serve as the servicer and Oaktree Capital Group […]
UFC required all athletes and media to sign waivers prior to UFC 249
Bloomberg News reports that UFC fighters signed waivers which were wide ranging which included a non-disparagement agreement and acknowledgment of that hospital services in the area “may be unusually limited,” and no guarantees about whether they could be treated against COVID-19. I was quoted in the Bloomberg article which also includes other sources commenting on […]
Gaethje receives 2 UFC 249 bonuses
UFC 249 took place in Jacksonville, Florida on Saturday night without an audience. Justin Gaethje had a big night earning two bonuses. Gaethje’s defeated Tony Ferguson in the main event Saturday night scoring a 5th round stoppage over the previous number 1 contender. In addition to Fight of the Night, Gaethje earned a $50,000 performance […]
Souza and cornermen test positive for COVID-19
Jacare Souza has tested positive for COVID-19. In addition, his two cornermen have tested positive per a UFC Statement. As you might expect, his fight against Uriah Hall is off for Saturday. But the Florida State Athletic Commission has given the go-ahead for the event to continue. Jacare checked in to the fighter hotel in […]