Greg Norman may have choked yet again at the British Open last week, but there is no denying his success as one of the great sports “brands†of all time. With a net worth reportedly near about $400 million, and numerous successful ventures including a clothing line, his career is a blueprint for any professional […]
financial
Flight To Quality Underscores Credit Rating Importance
Last Friday, Zuffa LLC. received word of a credit rating revision on its debt to stable from negative. The revision was good news for many reasons, chief among them that it signaled the end of a year-long financial slump that was pushing the organization’s debt further into “speculative-grade” territory. Zuffa’s current credit rating sits at […]
Zuffa’s Finances: Cash-Strong and Cocksure, but Consistent?
As a follow-up to Robert Joyner’s solid analysis of Standard & Poor’s latest credit rating report on Zuffa LLC., I have been tasked with piecing together an overall assessment of past and present reports in order to create a picture of Zuffa’s current and future financial position. Current Picture Perhaps the most common metric for […]
Donald Trump Makes His Move
When the Affliction clothing line announced its Affliction: Banned pay-per-view event, there was a great deal of skepticism. To be blunt, there is no way that the show will be able to make a profit. Fedor Emelianenko, Tim Sylvia, Josh Barnett and Andrei Arlovski have big money contracts, and the ceiling for non-UFC MMA pay-per-views […]
UFC Roster Moves Could Make Dollars and Sense [Part 2 of 2]
CONTINUED FROM: UFC Roster Moves Could Make Dollars and Sense – Part 1 Signing prospects to initial fight contracts is only part of the prospect strategy; development and promotion are the other two intangibles at work here. In order to make the most of the talent they sign, the UFC will also need to develop […]