August 16, 2011 will be marked as yet another landmark day for the sport of mixed martial arts and the Ultimate Fighting Championship.
Sports Business Daily reported that the UFC inked a deal with Fox for seven or eight years that’s reportedly worth $90 million. There has been no formal announcement from either party, however one is expected sometime next week.
With the UFC’s deal with Spike TV, who have been partners since 2004, coming to an end in 2011, the Fox deal is set to begin in January of 2012.
It was no secret during the course of the last few months that the UFC has been looking elsewhere to bring their content. They were in talks with NBC and Comcast, which obviously didn’t pan out.
The UFC was also involved in negotiations with falling network G4, with plans to re-brand the network into an independent UFC-exclusive network.
Nevertheless, UFC content will now be airing on Fox. The deal is set to see Fox air four UFC Live events per year, and the FX Network to air popular reality series The Ultimate Fighter and events such as Ultimate Fight Night.
Anyone and everyone who is an MMA fan, let alone a UFC fan, is ecstatic about this news. I know that I am and I can only see brighter skies for the sport that I love.
One has to think about the positive ramifications this brings to the table. Now, for the first time, mixed martial arts’ leading promotion is available on nationwide cable television. The fact that the product will now be readily available to a much wider audience benefits both fan and business.
Spike TV has aired UFC programming and has held the rights to do so since 2004. Without Spike, the UFC and the sport of MMA as a whole most likely would not have gotten to the heights it enjoys today. The Ultimate Fighter propelled the sport to new heights, and is extremely popular, evidence by its forthcoming 14th season.
However, the amount of homes that Spike TV reaches, 96.1 million across America, can’t touch Fox as they are available in about 97% of homes across the nation, totalling over 102 million. It’s obvious that programming on Fox is seen by a much wider audience than Spike.
That’s one of the reasons that makes this deal so special. No question, the UFC has brought MMA into the mainstream light. They have done an unimaginable job at promoting this sport and furthering it to heights that no one could have thought of ten years ago. However, there is much more room for growth and this deal helps that cause.
People who have yet to see this sport in all of its glory will now have the best opportunity ever presented to sit down and see what this sport is all about. There is no dispute that the fanbase will grow substantially over the course of this deal.
Also, for fans who aren’t always willing and able to order the pay-per-view cards that are put on once, sometimes twice a month, and also did not have access to Spike TV will be able to see the UFC without problem.
All of this means that business for the UFC will skyrocket. As stated above, the fanbase will grow, which means more dollars in terms of fan interest, pay-per-view buys in the future, merchandise and endorsement deals.
There is no turning back at this point as this deal sets the stage for the UFC to finally bring mixed marital arts to the forefront over the next decade. Something that die-hard fans such as myself have been looking for all along.
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