Back in February, news broke that the UFC approved a $300 million dividend to pay out its early investors. Endeavor received half of the $300 million while celebrities investing in the companies received dividends. One of the investors was Kobe Bryant. Tragically, Bryant died in a helicopter crash late January. Others included Mark Wahlberg, Charlize […]
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2020 MPO Year in Review – 10. Lyman Good loses lawsuit
Welcome to another Year End review. 2020 has been a unique year and its clear that the biggest business news story of the year in MMA was the pandemic. Notwithstanding this, there were other news stories that happened in 2020. MPO will take a look at these as we wind down 2020. Lyman Good’s nutritional […]
Anthony Pettis joins PFL
Anthony “Showtime” Pettis has signed with the Professional Fighters League for its upcoming season starting this April 2021. Pettis announced that he was leaving the UFC after the last fight on contract which was this past Saturday. The Professional Fighters League cancelled its 2020 season due to the pandemic, but announced its 2021 season would […]
JoJo Diaz manager sues MTK Global
A new lawsuit has arisen with Heredia Boxing Management and its owner filing a lawsuit against MTK Global Sports Management, LLC, Golden Boy Promotions, Inc., VGC, LLP, Paul Gibson and Daniel Kinahan. The Complaint filed in Los Angeles Federal Court claims that MTK Global paid boxer JoJo Diaz $100K for the fighter to leave his […]
The Legal Submission Episode 16 – Luck-McMahon fight over iphone
It’s another episode of The Legal Submission where I discuss the current state of litigation in the Oliver Luck-Vince McMahon case. You might recall that this lawsuit was put on hold while the XFL went through bankruptcy. After the sale of assets to The Rock and Dany Garcia’s group, the lawsuit was allowed to continue. […]