Former UFC Fighter Tae Hyun Bang was sentenced to 10 months for his part in a fight fixing scheme that took place at UFC Fight Night 79 in November 2015. The scheme had Bang taking money from an organized group to throw a fight against Leo Kuntz. Bang was a favorite in the fight but […]
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MPO Year in Review: Bellator NYC does not deliver
It was Bellator MMA’s big debut in New York City as it returned to PPV with the long-awaited grudge match between Chael Sonnen and Wanderlei Silva. Scott Coker stated that the mid-200,000 (buys) would be respectable. However, the PPV card disappointed with 95,000 buys. The event also featured Fedor Emelianenko as he faced Matt Mitrione. […]
MPO Year in Review – Alliance MMA sued by investors
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 […]
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 […]