There were two other bidders in the running to acquire Strikeforce MMA from Silicon Valley Sports & Entertainment (SVSE) and Strikeforce CEO Scott Coker. In the end, both suitors were unable to match the bids put by Zuffa LLC, owners of the UFC, as the ante was raised several times until an agreement was reached. […]
UFC
UFC receives nomination for “Pro Sports League of the Year”
The Sports Business Journal has nominated the UFC for “Pro Sports League of the Year.” The UFC will compete with the NFL, NBA, NHL and MLS as the top sports league of the year. The winners will be revealed at a ceremony May 18th. MMA Junkie reports: Editors, writers and researchers from the “SportsBusiness Journal” […]
Its official: UFC purchases Strikeforce
The UFC acquisition of Strikeforce was offically announced this morning after Saturday’s surprising announcement. Via Zuffa press release: Forza, LLC, a subsidiary of Zuffa, LLC, which owns the Ultimate Fighting Championship® brand, announced today that it has purchased the assets of Explosion Entertainment, LLC dba Strikeforce®. Under the terms of the deal, all Strikeforce fighter […]
Zuffa Purchases Strikeforce, Agrees to Blockbuster MMA Deal
This news will shakeup the MMA landscape as we know it and is the biggest acquisition for Zuffa since the takeover of the Japanese promotion PRIDE in 2007. Josh Gross of ESPN broke the news about the deal earlier today. Zuffa LLC, owner and operator of the Ultimate Fighting Championship, has agreed in principle to […]
Fertitta brothers among wealthiest on Forbes list
Forbes.com came out with its list of the world’s billionaires and UFC owners Frank and Lorenzo Fertitta made the list at 1057 and 1140 respectively. The Fertittas made their money in the casino business prior to investing in the UFC. Frank’s worth is $1.1 billion and Lorenzo comes in at $1 billion. Although their empire is […]