Dana White predicts a $40 million economic impact for Toronto as a result of UFC 129. White also stated in a conference call Tuesday that UFC 129 could bring $1.5 million in revenue to the city from ticket taxes alone. In addition, the UFC has sold $11 million in tickets for the event Via Rogers […]
financial
Business Journal: Strikeforce Makes Millions On Mixed Martial Arts
Silicon Valley / San Jose Business Journal recently wrote a “Small Busines Spotlight” feature on Strikeforce and Strikeforce CEO Scott Coker that revealed some insight into how much the promotion has grown since they started promoting MMA back in 2006. Although this article is premium content and needs a pay subscription to read the entire […]
MusclePharm Raises $1.4 Million
In December, nutritional supplement company, MusclePharm, raised $1.4 million through convertible promissory notes and a registration agreement with accredited investors. “We are very pleased with the successful completion of the agreement with the investor and believe this capital will support our capital requirements for growth,” commented Brad Pyatt, MusclePharm’s Chief Executive Officer. “We appreciate our […]
PAG Capital Partners invests in MMA Warehouse
Internet retailer MMA Warehouse received a major financial boost when PAG Capital Partners made a major equity investment in the online apparel company Thursday. Via PAG Capital Partners press release (h/t Robert Joyner on twitter): MMA Warehouse, LLC is a leading internet retailer specializing in selling a wide selection of mixed martial arts gear, apparel and accessories. […]
Zuffa Credit Rating Upgraded to BB
Standard and Poor’s have upgraded Zuffa’s credit rating from “BB-” to “BB” on the strength of the UFC’s strong operating trends, improved profitability internationally, and good credit measures. Report Summary Zuffa has increased profitability in large part due to holding its events in more profitable domestic venues or international markets that facilitate live PPV broadcasting […]