The Wall Street Journal reports that Endeavor Group has secured a $260 million loan to help its operations as it continues to fight through an economic downturn during the shuttering of events. The newfound funds will carry an almost 11% interest rate. JPMorgan Chase & Co. will serve as the servicer and Oaktree Capital Group […]
UFC
UFC required all athletes and media to sign waivers prior to UFC 249
Bloomberg News reports that UFC fighters signed waivers which were wide ranging which included a non-disparagement agreement and acknowledgment of that hospital services in the area “may be unusually limited,” and no guarantees about whether they could be treated against COVID-19. I was quoted in the Bloomberg article which also includes other sources commenting on […]
Souza and cornermen test positive for COVID-19
Jacare Souza has tested positive for COVID-19. In addition, his two cornermen have tested positive per a UFC Statement. As you might expect, his fight against Uriah Hall is off for Saturday. But the Florida State Athletic Commission has given the go-ahead for the event to continue. Jacare checked in to the fighter hotel in […]
UFC’s plan to protect staff and fighters revealed
John Ourand of the Sports Business Journal reports on the UFC’s safety protocol in light of its three events in Jacksonville, Florida. Notably, UFC COO Lawrence Epstein said it has 1,200 coronavirus tests to make sure its fighters and staff are safe. The UFC has 600+ antibody tests and 600+ antigen tests on hand. “Now […]
Endeavor sells off stake in Fortnite, will not sell UFC
Endeavor is selling part of its stake in Epic Games, Inc., the publisher of video game Fortnite according to a report from Bloomberg. The owners of the UFC are hoping this move will help its fledgling businesses which have been hit hard by the coronavirus. Endeavor will still hold onto some piece of Epic Games, […]