Menu
Leagues and Governing Bodies

WME-IMG Facing Series Of Challenges On First Anniversary Of UFC Purchase

This week marks one year since WME-IMG purchased the UFC, and judging by optics alone, the first year has been as "challenging as one could imagine," according to Darren Rovell of ESPN.com. A women's division anchored by Ronda Rousey, which "pushed UFC more into the mainstream than it had ever been, has become largely irrelevant outside the hard-core fan base." Of the 13 main UFC cards of the new ownership, at least "nine of those events have had fights canceled or postponed." That "doesn't include a less-than-marketable Stipe Miocic as a heavyweight champ and a paper champ in light heavyweight title holder Daniel Cormier." Conor McGregor has been the UFC's "main cash cow, but he has fought only twice in the Octagon over the past year." The UFC also has been "stalled in its efforts to get new blood into the sport." While McGregor's "long absence from the Octagon is a blow, the UFC is at least financially protected." Its most "profitable event this year" will be the McGregor-Floyd Mayweather Jr. fight. Sources said that the UFC owners could net more than $40M from what McGregor has to "pay the organization as part of his contractual obligation." Despite the "obvious struggles, there aren't many concerns being voiced publicly." As a private company, how the UFC is "doing financially is unknown." However, WME-IMG co-President Mark Shapiro said the UFC "will hit the projections forecasted in our acquisition plan and will likely exceed them." The largest chunk of the UFC's total revenue, by the time '19 rolls around, "will be the new U.S. media rights." While it is too early to understand how those negotiations will go, Shapiro said that "new international television deals struck in the Middle East, Asia and Latin America came at increases" of more than 200% (ESPN.com, 7/10).

SBJ Morning Buzzcast: May 9, 2024

WNBA regular season games to be available on Disney+; Candace Parker's new role at Adidas; Rory McIlroy will not return to PGA Tour Policy Board and Theo Epstein's role with the PGA Tour moving forward.

Phoenix Mercury/NBC’s Cindy Brunson, NBA Media Deal, Network Upfronts

On this week’s pod, SBJ’s Austin Karp chats with SBJ NBA writer Tom Friend about the pending NBA media Deal. Cindy Brunson of NBC and Phoenix Mercury is our Big Get this week. The sports broadcasting pioneer talks the upcoming WNBA season. Later in the show, SBJ media writer Mollie Cahillane gets us set for the upcoming network upfronts.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2017/07/12/Leagues-and-Governing-Bodies/UFC.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2017/07/12/Leagues-and-Governing-Bodies/UFC.aspx

CLOSE