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Bisping vs. McCarthy continues to draw huge press coverage
By Zach Arnold | April 16, 2008
- Forbes: Ultimate Cash Machines (article includes a claim that there have been billion-dollar offers to buy the company)
- MMA Payout: Ken Shamrock sues Zuffa LLC
- The Canadian Press: Players respect MMA fighters
- The Globe & Mail (Canada): Montreal mayhem promises to be big hit
- The Telegraph (UK): Michael Bisping set for Charles McCarthy UFC clash
- The Daily Star (UK): Bisping bites back
- Kevin Iole: Move to middleweight provides Bisping with a fresh start
- Sportsnet (Canada): UFC Day 1 in Montreal
- Fox Sports: Charles McCarthy says he’s ready for Michael Bisping at UFC 83
- The Daily Egyptian (Southern Illinois): Matt Hughes sends the H.I.T. squad to Carbondale – Hughes student Jeff Engelhardt to fight
- The Canadian Press: Matt Hughes rooting for GSP at UFC 83
- Ask Men: 5 things you didn’t know about Matt Serra
- The Canadian Press: Matt Serra playing role of bad guy
- Inside the Octagon: Mike Dolce’s TUF 7 blog — week 3
- Bloody Elbow: The Anderson Silva-Roy Jones Jr. story isn’t over
- CBS Sports: Q & A with former UFC lightweight contender Hermes Franca
- MMA Junkie: Rich Franklin ready for a different type of fight
- Frank Deford (SI): Has boxing been quashed for blood sport? Can’t say I’m surprised
- ESPN: There’s no room for football in Michael Westbrook’s heart
Topics: Boxing, Canada, Media, MMA, UFC, UK, Zach Arnold | 11 Comments » | Permalink | Trackback |
Yeesh… could they have been any less subtle in trying to drive up the potential sale price?
This is awesome because McCarthy isn’t known for being a trashtalker and he’s doing a damn good job at riling up Bisping.
So, Shamrock is suing UFC because they dumped him, he signed and fought with someone else, and now he wants them to give him one more fight in UFC because he had one fight left on his contract?
Hang up the gloves grandpa.
The glass is always half empty with Ivan. Forbes basically repackaged the same article they did a couple of years ago with updated stats. They didn’t sell then, so why would they sell now?
I love the crazy Rich Bergeron comment on the last page of the Forbes article. What an idiot. I can’t believe any of you people actually take him seriously.
I haven’t looked at the WWE’s balance sheet, but assuming they are carrying no debt and Forbes is accurate that the value of the WWE is $1.4 billion, doing a simplistic extrapolation of revenue to value gives an enterprise value of ~$1 billion for the UFC.
The Forbes article said that the WWE had twice the revenue, so if we extrapolate that to the UFC, their hypothetical market cap would be $0.7 billion. Add in their $300 million+ long term debt to their market cap gives an enterprise value of $1 billion. Voila. There’s your $1 billion.
Yes, this was a very simplistic exercise, but I did it just to show why it is not shocking at all that anyone might value the UFC at $1 billion.
“So, Shamrock is suing UFC because they dumped him, he signed and fought with someone else, and now he wants them to give him one more fight in UFC because he had one fight left on his contract?”
This is the same guy who lobbied with Zuffa in CA against having Pride rules allowed since being kicked in the head was too dangerous. Less than a couple months later, he took a fight in Pride vs Sakuraba.
cyph: One major difference is that they hadn’t been in ongoing negotiations to sell when the first article came out.
Also, didn’t Bisping say that he was angry and going to teach his opponent a lesson before the Hamill fight, too? How did that turn out? I’m not sure what lesson he taught his opponent other than, “I can clearly lose a fight and still get a decision in the UK.”
“Also, didn’t Bisping say that he was angry and going to teach his opponent a lesson before the Hamill fight, too? How did that turn out? I’m not sure what lesson he taught his opponent other than, “I can clearly lose a fight and still get a decision in the UK.””
LOL That’s too funny. Anyone who is pro-UFC and anti-PRIDE probably stayed off the message boards for a month when that shit went down.
Also funny how the core beliefs of the religious UFC fanatics keep getting shaken: this year alone Dana White promoted Brock Lesnar over Nogeuira and the world title, and then released a 10-1 heavyweight contender because he’s ‘boring’. Add that to the UK fix, and the old yakuza-owned PRIDE looks pretty legit by comparison.
🙂
GSP/Serra should be electric (the Montreal crowd will be insane) but the rest of the card looks a little soft.
Next month’s card looks far more solid from top to bottom.
Anyone who pays money to see Liddell vs.Rashad, with nothing on the undercard, is on crack.
cyph: One major difference is that they hadn’t been in ongoing negotiations to sell when the first article came out.
Getting offers to buyout the UFC is equivalent to them trying to sell the UFC? White has said that they’re always fielding offers to sell. That’s not the same thing as actively trying to sell the UFC.
A company’s worth is not always what they have on assets but also their future potential growth. That’s why stocks are often priced at multiplies of their earnings. times earning for high growth companies.
Now why would they sell? Sports start slow, earn fans over a generation or two, before it explodes. The NFL and NBA had exactly that same model. The NFL were not always the supreme sport they are today. Basketball was not that popular of a sport in the 60’s.
Why would you sell when you control 90% of the market? There are other qualities attached to the UFC brand. The Fertitas are building a $10 billion casino by the strip. Now, imagine that they move UFC events from MGM/Mandalay Bay to their new casino. Instant credibility for their new casinos!
There’s no way they’re selling it. They obviously don’t need the money, so why would they try to make a quick buck? The UFC brand is worth more in ten years than whatever they could get for it today.
“Getting offers to buyout the UFC is equivalent to them trying to sell the UFC?”
I didn’t say that. What I was saying is that they have, in the not-so-distant past, been involved in negotiations to sell. That doesn’t mean that they ARE definitely going to sell, it just means that there have been negotiations.
When they say the UFC made 300 million in sales, does that mean thats their profit? Or is it 300 million with out the expenses taken out? If so whats their profit?