On Thursday, the WWE announced its second quarter earnings for the year. Despite record revenues, the company’s Q2 profits missed expectations. According to the WWE earnings call held Thursday morning, revenues grew 32% to a record $199M. Profits are off due in part to spending which included Wrestlemania. The WWE Network hit 1.52M average paid […]
legal
UFC renews broadcast deal with BT Sport
UFC has renewed its broadcast rights partnership with United Kingdom and Ireland provider BT Sport per press release. The deal allows for BT Sport to the exclusive right to air live UFC events throughout the UK and the Republic of Ireland. The deal allows for BT Sport to show over 150 hours of live UFC […]
Court reduces Shlemenko’s CSAC fine, suspension
Former Bellator middleweight champion Alexander Shlemenko had his three-year suspension and $10,000 fine from the California State Athletic Commission (CSAC) reduced per a judicial court ruling in Los Angeles Superior Court this past Wednesday. The fine was reduced by the court and he should be able to return to fight in the state upon paying […]
Bellator files Cross-Complaint against Light
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 […]
The fallout from Brock Lesnar’s potential drug violation
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 […]