The Wall Street Journal reports on the UFC sale and how the structure of the deal is being seen as too liberal with adjustments to earnings which enables more borrowing for transactions. The Federal Reserve had warned Goldman Sachs (Deutsche Bank AG is also a lender) the entity that marketed the debt to investors, of […]
UFC
GSP declares himself a free agent
Georges St.-Pierre is a free agent according to the former UFC welterweight titleholder in an interview on The MMA Hour. Rumors of GSP’s imminent return were strong but according to GSP his lawyer terminated his UFC contract after the UFC failed to offer him a fight. GSP’s last fight was in November 2013 at UFC […]
Nevada clarifies Conor’s fine
MMA Fighting reports that Nevada’s Athletic Commission’s executive director Bob Bennett has clarified the fine assessed to Conor McGregor from his bottle-throwing incident. He states that the fine is $75,000 and not the $150,000 as previously reported. Despite the fact that the $150,000 number was indicated at an open hearing of the commission, Bennett clarified […]
USADA arbitration rules amended for UFC fighters
The UFC announced changes to its USADA arbitration rules which go into effect on November 1, 2016. The changes include a refund schedule for those that might appeal an arbitration. Thus far, under the current arbitration rules, no athlete has taken their case to arbitration. However, Jon Jones is scheduled to arbitration his positive drug […]
Jones USADA arbitration set for Oct. 31
Jon Jones will be the first UFC fighter to have an arbitration hearing pursuant to the UFC anti-doping policy. His hearing is set for October 31st according to MMA Fighting. Jones’ hearing against USADA will be held in Los Angeles. The hearing is based on his positive drug test which pulled him out of his […]