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DC Group Launches New MMA Outfit; Leonsis Among Investors

A group of DC businesspeople and sports titans, headed by former DC2024 Chair Russ Ramsey, have launched the Professional Fighters League, which will feature a $10M prize pool and $1M cash payouts to individual champions. Ramsey is a co-Founder of the new league, along with DC venture capitalists Donn Davis and Mark Leschly, and will serve as its Exec Chair. Among investors in the league are Monumental Sports & Entertainment Chair Ted Leonsis and members the Lerner family, which owns the Nationals. Other investors in the Professional Fighters League identified so far include Riot Games co-Founder & CEO Brandon Beck and Dodgers CFO Tucker Kain (WASHINGTON POST, 4/19).

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