As Austin Trout returns to the ring on Saturday, last month his lawyers submitted their appeal brief in an effort to overturn a federal court decision to arbitrate his lawsuit, including his Ali Act claims. For background of the case, you can go here. The Court determined that based on legal rights under the Federal […]
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Endeavor files paperwork for IPO
Endeavor, the company that currently owns the UFC, has filed paperwork with the Securities and Exchange Commission to become a publicly traded company on the New York Stock Exchange. Endeavor states that it plans to raise $100 million in the offering which is a standard figure for companies until it provides an actual figure at […]
Show Money 28 talks UFC PPV buys, Endeavor buyout rumors and ONE
UFC Holdings follows market trend of reducing ‘debt cushion’
The Wall Street Journal reported late last month that the UFC was paying off its junior loan utilizing a senior one in order to reduce its overall debt load. The move comes on the heels of an exclusive PPV deal with ESPN and the lack of concern that the Federal Reserve will raise interest rates. […]