Monday, February 21, 2011

UFC Events Coming to New York

With the economy in the dumps and states all over America feeling the pressure of the budget slashes city's such as New York are looking for new revenue streams. This opportunity is perfect for the UFC to make a case and I believe that the UFC will be coming to Madison Square Garden’s very soon!
Recently the UFC held a press conference about the issue and Dean Murray, a N.Y. State Assemblyman, was one of several high ranking officials to attend.
"The fact of the matter is, this another example of New York being a nanny state. We have to stop doing that. We have to give the choice," Murray said "How many TV stations do you have? How many radio stations do you have? You have choices. By us not legalizing this, it's removing that option of all these, literally millions of fans in New York state, having a chance to see their hometown heroes fighting."


Dana White announced that once MMA is regulated, the UFC will bring two or three UFC events to Madison Square Garden per year. According to studies from HR&A, those two shows would bring $23 million and more than 200 jobs to N.Y.

"The financial study [that HR&A did] is incredibly conservative. In that study we priced tickets cheaper than New Jersey, and we bring a lot of money into that state. We also conservatively projected only two events -- one big PPV at Madison Square Garden, and one upstate, which would be a fight night or a finale or something like that. White said "But who knows -- maybe we come into New York and we do three events, and you triple whatever that number is. It's absolutely insane and asinine for this not to be sanctioned."
White also when on to talk about other lower mma organizations that will also generate jobs and money in the state.
"When we're talking about the UFC coming to the state of New York, a lot of other mixed martial arts events will too. Which will create even more revenue. You're going to have all these other organizations that will come here and bring more money in and create more jobs," said White.
An additional $7 million would come from 70 more MMA events each year in N.Y. Springer based that estimate on the number of fight cards in states like New Jersey, California and Pennsylvania.

No comments:

Post a Comment