MMA Junkie reports the TUF 24 Finale payouts from Saturday’s event from The Palms. Flyweight champion Demetrious Johnson led the payouts as disclosed by the Nevada State Athletic Commission. The disclosed total payout was $1,242,000. Johnson earned $350,000 with no win bonus. Champ Demetrious Johnson: $350,000 (no win bonus) def. Tim Elliott: $100,000 Joseph Benavidez: […]
Gawker turns on Daulerio in Hogan sex tape case
It appears that Gawker Media, LLC is turning on former Editor in Chief A.J. Daulerio per an article in the Wall Street Journal. In legal papers filed in the Gawker’s Chapter 11 bankruptcy case, the company cites to the Florida jury verdict that awarded Hulk Hogan $140 million as violating employment terms while Daulerio was […]
TUF 24 Finale attendance, gate and bonuses
MMA Junkie reports The Ultimate Fighter 24 Finale attendance, gate and bonuses from Saturday night’s event at The Palms in Las Vegas. Sara McMann, Anthony Smith, Jared Cannonier and Ian Cutelaba earned $50,000 bonuses. McMann and Smith earned the Performance bonuses while Cannonier and Cutelaba had the Fight of the Night. McMann submitted Alexis Davis […]
Congressional hearing on Ali Act Expansion set for December 8th
The Congressional subcommittee on energy and commerce will have a hearing this Tuesday on the Expansion of the Muhammad Ali Act. According to the notice, the hearing is entitled, “Mixed Martial Arts: Issues and Perspectives.” No witnesses have been announced and are by invitation only. A webcast will be available for public viewing. Republican Oklahoma […]
Fed gives second reprimand to Goldman over UFC deal
Bloomberg reports that Goldman Sachs Group Inc. (Goldman Sachs) has been reprimanded by Federal Reserve regulators for the second time due to its debt deal to purchase the UFC for $4 billion. Regulators consider the loans as “substandard.” In addition to Goldman Sachs, Deutsche Bank AG, which was the lead underwriter for the junior portion […]