Alliance MMA, the publicly traded MMA organization that launched in late 2016, was sued by shareholders citing violations of securities law for alleged misrepresentation of information. A class action suit is sought and there were efforts by multiple companies to seek out aggrieved shareholders. Two lawsuits were filed in New York although one was later […]
UFC 218 on FS1 Christmas Eve
UFC 218 will replay on Christmas Eve on FS1. The main event featured Max Holloway successfully defending his Featherweight title against Jose Aldo. The event also featured the brutal KO of Alistair Overeem by Heavyweight contender Francis Ngannou and Eddie Alvarez and Justin Gaethje. Last year, Fox replayed UFC 206 on Christmas Eve highlighting certain […]
MPO year in review – UFC takes out loan, cashes out Fertittas
In April, the UFC sought to raise $100 million in incremental loans to complete its buyout of the previous owners. It appears that the UFC received those loans as the Fertittas cashed out the remaining shares they had left in the company in August. KKR Capital was leading the effort in obtaining the loans for […]
MPO Year in Review – Good sues vitamin maker after failed USADA test
New UFC Promotional Guidelines grants incoming fighters more Reebok pay
ESPN reports that the UFC’s clothing sponsor, Reebok, has provided a modest increase in its payment tiers for incoming fighters. Fighters with 1-3 fights with the company will now receive $3,500. The bump in sponsor pay is $1,000 more than the previous $2,500 for those with 1-5 fights in the organization. In a new 17-page […]