You might consider the UFC the MVP of this earnings quarter for TKO as the promotion delivered double-digit gains in as announced on Wednesday. The revenue climbed to $519.2M, a 60% increase from year-to-year. Revenue jumped to $519.2 million this quarter thanks to rights fees increases of $132.3 million. Live events and hospitality rose to […]
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FBI seeking no-bid contract with the UFC
Remember when TKO execs stated that they were losing money on the UFC White House event expending up to $30 million of its own money? Well, it looks like they are getting it back as documents uncovered by the Washington Sun reflect the FBI seeking to contract the UFC to teach its agents combat. The […]
Court denies Top Rank’s Motion to Dismiss in Keane case
The court in the William Keane case against Top Rank Boxing denied the promotion’s attempt to dismiss the lawsuit prior to responding to the merits. The lawsuit was first filed in 2015. There will be a status conference on October 13th to set pre-trial dates and deadlines. The court also heard Keane’s motion to reopen […]
Opetaia fires back at IBF in opposition to MTD
Lawyers for Jai Opetaia filed an opposition to the International Boxing Federation’s Motion to Dismiss. The boxer, who has two fights under his belt with Zuffa Boxing, protests the IBF for stripping him of his title. Opetaia filed the lawsuit in July claiming that the IBF unfairly stripped him of his title this past March […]