I find myself commenting on nearly every article, as in my opinion great work needs to be acknowledged.
I find the business side of the UFC almost as interesting as the fights themselves. May 8th is a big day for the UFC, in my mind!! lol
Fascinating to see just how far the ticket prices will go.
I just looked at confirmation email from 2015 for UFC 189 and the price for two tickets in the MGM (upper level) were $494.30 including fees. That’s total for two tickets. And remember, at that time there was a good bit of fuss over the astronomical prices. And 189 was a cracking card!
This weekend going to Cage Warriors and going to sit about 6 rows back. Each ticket cost €53.60. Amazing value!
I wonder if TKO (UFC) will come to Europe more due to the weakening dollar v euro. Getting paid in Euro and converting into US dollars to avail of 10% increase?!?! I’m no Forex expert but would that be appealing to the bottom-line?
Smashing article.
High ticket prices, low fighter pay….. in the words of the great Bruce Hornsby (lol);
“That’s just the way it is, some things will never change”.
TKO remains primarily a media rights company, especially UFC at this point. More than 60 percent of their overall revenue comes from television/PPV content, with sponsorship and live events competing over which will be a distant second. Both are ancillary to the televised shows.
They've dramatically grown their site fee revenue over the past few years and have extracted millions from taxpayers around the world.
This is like telling the victim of a robbery, "Don't worry ma'am, we know the perpetrator and you'll be relieve to know he makes most of his money dealing drugs."
I find myself commenting on nearly every article, as in my opinion great work needs to be acknowledged.
I find the business side of the UFC almost as interesting as the fights themselves. May 8th is a big day for the UFC, in my mind!! lol
Fascinating to see just how far the ticket prices will go.
I just looked at confirmation email from 2015 for UFC 189 and the price for two tickets in the MGM (upper level) were $494.30 including fees. That’s total for two tickets. And remember, at that time there was a good bit of fuss over the astronomical prices. And 189 was a cracking card!
This weekend going to Cage Warriors and going to sit about 6 rows back. Each ticket cost €53.60. Amazing value!
I wonder if TKO (UFC) will come to Europe more due to the weakening dollar v euro. Getting paid in Euro and converting into US dollars to avail of 10% increase?!?! I’m no Forex expert but would that be appealing to the bottom-line?
Smashing article.
High ticket prices, low fighter pay….. in the words of the great Bruce Hornsby (lol);
“That’s just the way it is, some things will never change”.
thanks much!
I think the Euro will need to hold its relative value for longer than a few weeks before it starts driving TKO's decisions.
It really does seem like Europe is the hottest market for MMA right now and it's not one the UFC has ever prioritized (are these two things related?)
At the end of the day fellas! What a f#%king racket lol
TKO remains primarily a media rights company, especially UFC at this point. More than 60 percent of their overall revenue comes from television/PPV content, with sponsorship and live events competing over which will be a distant second. Both are ancillary to the televised shows.
and?
They've dramatically grown their site fee revenue over the past few years and have extracted millions from taxpayers around the world.
This is like telling the victim of a robbery, "Don't worry ma'am, we know the perpetrator and you'll be relieve to know he makes most of his money dealing drugs."
I thought it might be interesting context for your readers.
we always appreciate you chiming in.