ESPN is getting in to the UFC business.

[GwillMac6 20,663]

 

[GwillMac6 20,663]

By John Ourand, Media Writer

May 23, 2018

ESPN in a shocking turn of events will go all-in on the UFC, taking the entire package from Fox Sports, which has carried it since '11. Sources said that ESPN outbid Fox Sports for the UFC rights, agreeing to pay a total of $1.5B over five years for the entire package -- a figure that includes the previously announced $150M-per-year deal with ESPN+, sources said. For months, Fox Sports was considered a prohibitive front-runner to retain the rights. But ESPN, under the direction of new PresidentJimmy Pitaro, showed a newfound interest in the property. Pitaro showered praise on the MMA space at the Sports Business Summit in N.Y. on Monday, describing the UFC as an ascendant property and touting its young and diverse demos.

ESPN two weeks ago cut a five-year deal worth $150M annually for 15 UFC events that it will stream to its ESPN+ OTT service. Today, the two will announce another five-year deal for $150M per year for 27 more events, including 10 full events and 12 PPV prelims on linear. Five more events will go to ESPN+. UFC will keep the rights to 12 PPV events, the same number it carried this year. ESPN’s emergence as an interested bidder in the entire package comes as a surprise, especially given press reports from a month ago that mistakenly had ESPN and Fox Sports teaming up on a joint bid. NBC Sports and Turner Sports also kicked the tires on UFC, though neither showed as much interest as ESPN.

[AUsince72 11,084]

Okay, so the question is...

Are they going to show $1.5B worth of UFC events or are they going to show a few dollars worth of actual events and spend the rest on Talk Shows related to UFC?