The New York Times reports that Gawker Media Group and Hulk Hogan have settled Hogan’s invasion of privacy lawsuit for a reported $31 million. Hogan prevailed at trial and a jury verdict awarded him a $140 million judgment but Gawker appealed the court decision. Instead of pursuing the appeal, the parties decided to settle the […]
pro wrestling
Combate Americas names former WWE star as president
Combate Americas has hired former WWE star Alberto Del Rio, now known as Alberto “El Presidente” Rodriguez, as the new president of the Hispanic Mixed Martial Arts sports franchise. Rodriguez was recently released from the WWE. In his new role, he will be “actively involved in all aspects of athlete relations and development, from recruitment […]
UFC 203: Payout Perspective
Welcome to another edition of Payout Perspective. This time we take a look at UFC 203 from Cleveland, Ohio where CM Punk’s debut and Stipe Miocic’s title defense were the headlining events. Gall mauls CM Punk We all knew that this was going to happen. 3 pro fights in and Mickey Gall looks like a […]
WWE invests in FloSports
The Wall Street Journal reports that online sports content provider FloSports has raised $21.2 million in Series B financing with World Wrestling Entertainment and Discovery Communications participating in this new round of financing. FloSports, based out of Austin, Texas, provides online streaming of niche sports which includes amateur wrestling, grappling and regional MMA events. The […]
ESPN dedicates coverage to WWE
This past week, ESPN established a portion of its online coverage to include WWE. The decision to include sports entertainment in its sports coverage comes as part of the strategy to amend for losing subscribers. ESPN has lost over 4 million subscribers in the past year per Sports TV Ratings. The news suggests that ESPN […]