If you have even a passive interest in sports, professional fighting , or mixed martial arts, you’re undoubtedly aware of the UFC, which shattered records in 2023 as the largest MMA promotion in the world. The entity, whose title is short for Ultimate Fighting Championship, is one of the largest subsidiaries of Endeavor Group Holdings, which owns such massive companies as the Asylum Entertainment Group, TKO Group Holdings, and Professional Bull Riders. As of 2024, the UFC has ballooned its market capital to record highs , and run more than 700 events worldwide. According to BetMGM , the UFC is currently valued at a net worth of over $12 billion, with expectations to continue growing as the years carry on. Given that the outlet is so successful, it only makes sense that we perform a deep dive into the history and financial security of the business. Any entity which balloons from a humble MMA showcase to a multi-billion industry in the span of just 30 years is absolutely worth...
Floyd Mayweather Jr. , widely acclaimed as one of boxing’s most legendary figures, has enjoyed immense success inside the ring and built a substantial fortune. His strategic endeavors have solidified his status as a cultural icon, captivating both fans and investors. Based on recent evaluations up until 2023, Mayweather’s estimated net worth currently stands at $1.2 billion. Predicting his financial standing for 2024 is difficult due to the inherent volatility of investments and the multifaceted nature of his business ventures. Nevertheless, considering his track record, it’s foreseeable that Mayweather’s net worth could reach a whopping $1.5 billion by 2024. Mayweather’s Career Success Mayweather’s career in boxing is marked by a series of historic moments that solidified his status as one of the sport’s all-time greats. Beginning his professional journey after winning a bronze medal at the 1996 Olympics , Mayweather quickly rose through the ranks. In 2007, he faced off against...
When the GOAT conversation regarding boxing comes up, the name Ali will likely appear near or at the top of everyone’s list. However, not many people thought there would be a day when Ali v. Ali could be a reality. A Notice of Opposition was filed by the company that owns Muhammad Ali’s trademark, attempting to stop his daughter Laila Ali from registering her name.
The Black cultural anthem “knuck if you buck” just took on a whole new meaning as heavyweight boxer Anthony Joshua inked a new deal with DAZN Group. The global sports entertainment company announced the new deal, which will broadcast Joshua’s future fights on their platform to customers across the globe.
Video network app Triller is coming for Mike Tyson’s coins! According to ClutchPoints, after the former heavyweight refused to work with the app for his next exhibition fight, the streaming platform may be seeing him in court. When Tyson went up against Roy Jones, Jr., millions of dollars were allegedly spent on the former heavyweight, according to Triller CEO, Ryan Kavanaugh, who sent a letter detailing the spend. The CEO also claimed that the company had rights to a third fight against Evander Holyfield. “Rather than drop the price or renegotiate the deal, we agreed to keep the economics the same with the understanding that the Holyfield fight would be the next fight, and we pre-agreed to the terms,” wrote Kavanaugh. “No one else but Triller was willing to take $25 million dollars of risk on the initial fight, especially in the middle of Covid. We did. Every penny paid in full and no one has ever claimed we did not every penny in full.” Triller’s @RyanKavanaugh responds to Mike...
On Nov. 28, 2020, Triller will stream Mike Tyson’s return to the ring. According to CNBC , the highly anticipated pay-per-view boxing match —titled the “Frontline Battle”— against heavyweight champion Roy Jones Jr. will stream on the social media platform. The exclusive streaming rights cost the company north of $50 million, reportedly. Ahead of the fight, Triller will release a 10-part docuseries featuring footage of the fighters’ roads to the match. In addition, the company will announce the undercard matches and musical performances in the weeks leading up to the big day. View this post on Instagram A post shared by Roy Jones Jr. (@royjonesjrofficial) As he trains, Tyson has also launched Legends Only League , a sports league for legendary athletes from all sports to compete. “Legends Only League will support athletes in their individual sports, creating some of the most epic competitions products ad live events in the world,” Tyson said in the statement, according to CNBC. View...