Great article. Speaking plainly, these suits could have learned a little bit just having some kind of discussion with hardcore MMA fans. PFL overpaid Ngannou, who is probably going back to boxing, and has wasted years holding tournaments no one cared for. Now GFL decided they’ll follow a “team/city” format no one cares about either. You can cater to the millionaire investors all you want but eventually when no one is watching they’ll stop paying. I see a very sad MMA landscape with only the UFC soon. I hope I’m wrong.
Wait until the brand new Donn Davis PFL Champions Series involving PFL tournament champions and... Bellator champions. Yeah, the promotion that is dead.
The most troubling aspect about what's happening with financing in the fight business is that big institutions are crazy enough to put up money WITHOUT actually understanding what it takes to make a successful product.
In day-trading terms, everyone is focused on a magic unicorn of technicals instead of even bothering to learn fundamentals. And when everyone loses all their cash, they'll blame the fans or the fighters or the business in a scorched earth capitulation.
Those who could do big things in the fight business never get access to the cash.
sorry. we're trying to keep things as light as possible but it's hard to be light and fun when talking about grifters who are trying to bottom feed off the corpse of a dying sport.
Great article. Speaking plainly, these suits could have learned a little bit just having some kind of discussion with hardcore MMA fans. PFL overpaid Ngannou, who is probably going back to boxing, and has wasted years holding tournaments no one cared for. Now GFL decided they’ll follow a “team/city” format no one cares about either. You can cater to the millionaire investors all you want but eventually when no one is watching they’ll stop paying. I see a very sad MMA landscape with only the UFC soon. I hope I’m wrong.
(Checks in after awhile)
MMA kinda sucks now, doesn't it?
Wait until the brand new Donn Davis PFL Champions Series involving PFL tournament champions and... Bellator champions. Yeah, the promotion that is dead.
Christ, this is bleak.
The most troubling aspect about what's happening with financing in the fight business is that big institutions are crazy enough to put up money WITHOUT actually understanding what it takes to make a successful product.
In day-trading terms, everyone is focused on a magic unicorn of technicals instead of even bothering to learn fundamentals. And when everyone loses all their cash, they'll blame the fans or the fighters or the business in a scorched earth capitulation.
Those who could do big things in the fight business never get access to the cash.
sorry. we're trying to keep things as light as possible but it's hard to be light and fun when talking about grifters who are trying to bottom feed off the corpse of a dying sport.
No need to be sorry. The truth is the truth!