Per a Standard & Poor’s Global press release Friday UFC Holdings, LLC will issue a $1.45 billion first lien credit facility. The company was assigned a ‘B’ rating on the WME-IMG acquisition. The outlook is projected as negative per the Standard & Poor’s Global Ratings report. The financing for the deal to acquire the UFC […]
UFC
Sullivan pulled from UFC on Fox 20 for “potential compliance issue”
USADA has flagged George Sullivan for a “potential compliance issue” with the UFC’s anti-doping policy stemming from “voluntarily disclosed information” Sullivan provided to USADA. Due to this issue, Sullivan has been removed from his fight with Hector Urbina from the UFC on Fox 20 card this Saturday. Sullivan denies the issue on his Facebook page. […]
SBJ provides details of UFC deal
The Sports Business Journal took a deep dive into the UFC’s sale to WME-IMG. The article looks into the revenue drivers that had the acquisition price of $4 billion. The purchase price of $4 billion represents a 22 multiple of the UFC’s earnings before interest, taxes, depreciation and amortization. On $600 million in gross revenue […]
Mendes suspended 2 years by USADA
USADA has handed UFC Featherweight Chad Mendes a 2 year suspension for violation of the UFC Anti-Doping Policy. It is the longest penalty issued by USADA since the policy was introduced last July. Mendes admitted to his positive test but this did nothing to mitigate circumstances. He was flagged in June for a May out-of-competition […]
Lesnar’s in-competition drug sample flagged by USADA
The UFC was notified on Tuesday by USADA that Brock Lesnar failed an in-competition drug test at UFC 200. The news comes on last Friday’s news that Lesnar had failed an out-of-competition test. Lesnar has been tested 8 times by USADA since the announcement in early June that he would be returning to the Octagon […]