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UFC financials for the first half of 2023 reveal revenues of $611.9 million, with media revenue, including ESPN, at $224.1 million. Documents obtained in the ongoing anti-trust lawsuit reveal Conor McGregor's payouts, including $3,285,000 against Chad Mendes, $4,476,662 or $4,536,932 against Jose Aldo, and $5,576,315 against Nate Diaz. McGregor's purses were reportedly small compared to boxers in similar-sized events. The UFC warns that the antitrust lawsuit could have an adverse effect on their business.
Will the UFC settle the antitrust suit or gamble with a jury?
Here's the billion dollar question. Unless they're crazy UFC will not want the antitrust case to go to trial. Their worst case scenario there is about $4.5 Billion in damages plus order limiting them to one year contracts with fighters. What will a sensible settlement be?
"If we are unable to resolve these or other matters favorably, our business, operating results, and our financial condition may be adversely affected.” TKO warns UFC antitrust lawsuit could have “adverse effect” on business https://t.co/u1WzKj3COT
TKO to shareholders on UFC antitrust suit "If we are unable to resolve these or other matters favorably, our business, operating results, and our financial condition may be adversely affected. ...
Sigh… Ok. One more time. You can have a monopsony in sport. So long as you have a collective bargaining agreement in place. UFC does not. So antitrust will decide their fate as to their anticompetitive practices.
Some very interesting figures were made public this week regarding Conor McGregor’s purses in the UFC. McGregor’s purses were reportedly tiny compared to what boxers earn, in events of a similar size. Against Eddie Alvarez, Conor McGregor made $6,812,374 and the event generated… https://t.co/nupNy9hyp0
Conor McGregor’s payouts revealed in UFC court documents: $3,285,000 (includes $2.11M discretionary bonus) vs. Chad Mendes $4,476,662 or $4,536,932 vs. Jose Aldo — Aldo received $2,377,699 $5,576,315 vs. Nate Diaz 1 — Diaz received $2,838,158, and the PPV event generated $61… https://t.co/VCh213Udlp https://t.co/4Xjr518BtL
🚨| Conor McGregor’s UFC payouts have reportedly been revealed in documents obtained by @BloodyElbow linked to the ongoing anti-trust lawsuit. 👀😳 https://t.co/6Hu8E6Ffvg
🚨| Ronda Rousey’s UFC payouts have reportedly been revealed in documents obtained by @BloodyElbow linked to the ongoing anti-trust lawsuit. 👀😳 https://t.co/xMkTEPuYs9
Payday! Nondisclosed Numbers Revealed In UFC Anti-Trust Lawsuit https://t.co/ITeXv36FYi
UFC financials reveal revenues of $611.9 million for the first half of 2023 Media revenue including ESPN was 435.8 million https://t.co/N7z263RTT7
UFC financials reveal revenues of $611.9 million for the first half of 2023 Media revenue including ESPN was $224.1 million https://t.co/JO8gGiZRHU