Sports Business, Sports Law, Sports Negotiations, NCAA Rules
In 2008, Forbes magazine valued the UFC/Zuffa LLC at 1 billion dollars. Since then, according to an interview UFC President Dana White did with the Indianapolis Star, that figure has nearly tripled with White estimating that the company is now worth around the 2.5 billion dollar range. This is an impressive growth margin for a…
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This past Saturday, World Extreme Cagefighting (WEC) staged their first pay-per-view event, live from Sacramento, California. The event was a huge success given the fact that the last few weeks had seen disappointing main events put on by the UFC, and all out chaos by Strikeforce on national television. The event sold for $44.95, which…
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The first MMA blog I did for Sports Agent Blog dealt with the fallout from a disappointing main event and how it affects the sports as a whole. The UFC is the 800 pound gorilla of MMA and when something happens on the biggest stage in the sport, people react. Imagine a Superbowl where one…
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UFC President Dana White stated this week in Sydney, Australia, site of this weekend’s sold out UFC 110, that the UFC would support a move for mixed martial arts to become an Olympic sport. Though he also stated the the company would not actively lobby for MMA’s inclusion, he gave his blessing should the International…
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Yesterday, speculation about the future of UFC Heavyweight Champion, Brock Lesnar ended with Lesnar appearing on SportsCenter to provide details about what had happened to him. Lesnar was scheduled to fight number one contender Shane Carwin for the heavyweight title back in November of 2009, but during his training, he had fallen ill with no…
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Yesterday, details were announced in the deal that gives United Arab Emirates (U.A.E.) company, Flash Entertainment, a 10% share in the UFC. The UFC has been searching for a strategical partner to expand their brand while not telling them how to run their business, and have seemed to find their perfect match in Flash Entertainment.…
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This past week, I attended the Sports Networker Summit in New York City (run by our friends Lewis Howes and Amy Martin) and came away with a feeling that fighter marketing in the UFC has only scratched the surface of its potential. As mentioned above, the event was co-hosted by Amy Martin of Digital Royalty,…
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A few weeks ago, I wrote about how the UFC is planning on taking its product to a global market in far reaching countries such as the United Arab Emirates and Australia. The fact remains; however, that the UFC still can’t legally hold events in some of the states here in the United Sates. The…
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After a successful weekend in Manchester, England for UFC 105, the UFC will look to continue its growth around the world. In the last year, the UFC has traveled to Canada, England, and Germany, but plans to take the sport to countries such as Italy, France, Australia, and even Abu-Dhabi (the capital of the United…
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Recently, Gary Wimsett, Jr., Esq., an attorney with Flanagan & Marchewka, LLP and an agent with Balefire Representation, an athlete and artist representation agency, conducted a telephone interview with L. Jon Wertheim, senior writer for Sports Illustrated, and author of the new book, Blood in the Cage: Mixed Martial Arts, Pat Miletich, and the Furious…
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