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UFC Holdings, LLC issues credit facility, given ‘B’ rating, outlook ‘negative’ per S&P Global

July 23, 2016 by Jason Cruz 1 Comment

Per a Standard & Poor’s Global press release Friday UFC Holdings, LLC will issue a $1.45 billion first lien credit facility.  The company was assigned a ‘B’ rating on the WME-IMG acquisition.  The outlook is projected as negative per the Standard & Poor’s Global Ratings report. The financing for the deal to acquire the UFC […]

Filed Under: Featured, UFC, Zuffa, Zuffa Sale

Bellator files Cross-Complaint against Light

July 20, 2016 by Jason Cruz Leave a Comment

The Zachary Light-Bellator lawsuit in California is getting personal.  Bellator has filed a Cross-Complaint against Light stating that he stole money from the company and did not pay back a loan given to him due to the fact he was in financial trouble. Light filed the lawsuit claiming wrongful termination back in May in Los […]

Filed Under: Bellator, contracts, Featured, legal, Light v. Bellator

The fallout from Brock Lesnar’s potential drug violation

July 18, 2016 by Jason Cruz 5 Comments

On Friday, Brock Lesnar was flagged by the United States Anti-Doping Association (USADA) of a potential violation of the UFC anti-doping policy due to an out of competition test from June 28, 2016.  Although testing results of Lesnar’s “B” sample are yet to be revealed, the fallout from Lesnar’s appearance hurts the UFC and possibly […]

Filed Under: contracts, Drug Testing, Featured, legal, pay-per-view, payouts, UFC, USADA, WWE, Zuffa

Show Money Episode 11 talks about the UFC sale

July 17, 2016 by Jason Cruz Leave a Comment

I hopped on with Paul Gift and John Nash of Bloody Elbow to discuss the UFC sale and the future impact.  We also learned at the end of the episode that Brock Lesnar was flagged for a potential UFC anti-doping policy violation.

Filed Under: Ali Act, Featured, legal, UFC

Lesnar flagged for potential UFC anti-doping violation

July 15, 2016 by Jason Cruz 5 Comments

USADA has notified the UFC that Brock Lesnar has been flagged for a potential violation of the company’s anti-doping policy. The UFC posted its statement on the notification on Friday night. “The UFC organization was notified today that the U.S. Anti-Doping Agency (USADA) has informed Brock Lesnar of a potential Anti-Doping Policy violation stemming from […]

Filed Under: Drug Testing, Featured, UFC, USADA

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