The UFC announced Tuesday that it has rescinded the 12 month suspension of Cung Le. The news comes as a surprise considering Le and the UFC were heading to arbitration over the suspension. Via UFC.com: At UFC Fight Night Macao on August 23rd, UFC contracted with an independent drug testing laboratory in Hong Kong to […]
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Standard & Poor’s downgrades Zuffa, LLC from BB to BB-
Standard & Poor’s has downgraded Zuffa, LLC’s credit rating from a “BB” to a “BB-“ this week as a result of what it calls “greater EBITDA volatility.” However, the analyst report states that the outlook for company is stable. Standard & Poor’s issues credit ratings for the debt of public and private companies. It is […]
Sports Business Journal lists UFC’s top PPV draws
Report: UFC 177 nets 125K PPV buys
Dave Meltzer of The Wrestling Observer (subscription recommended) reported that UFC 177 which featured T.J. Dillashaw defending his bantamweight championship against late replacement Joe Soto netted an estimated 125,000 PPV buys. The numbers are more than most had expected considering that Soto replaced Renan Barao the day before the fight. It’s the second lowest output […]
UFC 178: Payout Perspective
Welcome to another edition of Payout Perspective. In this edition, we review UFC 178 which took place at the MGM Grand Garden Arena where Demetrious Johnson took on Chris Cariaso in the main event. Johnson outclasses Cariaso Despite the lack of fan support (i.e., PPV buys), Demetrious Johnson can legitimately stake a claim to being […]