The stage is set for the first Ultimate Fighting Championship (UFC) event in the state of New York. When UFC 205 sets sail later tonight (Sat., Nov. 12, 2016) live on pay-per-view from Madison Square Garden in New York City, mixed martial arts (MMA) and the greatest sports town in America will come together like butter and bread. With a main event title fight between current UFC lightweight king Eddie Alvarez and Conor McGregor leading the way, UFC 205 should go down as the biggest event in MMA history.
Not only will the UFC's NYC invasion increase widespread popularity for MMA as a whole, but the promotion's financial impact on the state will be downright staggering. The partnership is bound to produce millions and create a new fight capital for MMA, especially with McGregor on the rebound from Las Vegas. In the above video, MMAmania brings you an in-depth look at how monetarily significant UFC 205 and future UFC events will be to a platform like New York City.
Some of the information is as follows:
- UFC 205 has already broke MSG gate record of $13.5 million
- Estimated to bring in $14-15 million live event revenue
- Expected to break UFC PPV record (which would earn the promotion more than $50 million)
- NYC events could generate $34 million in revenue each year for the state
- UFC 205 expects to put McGregor over $40 million mark by end of 2016
It's no secret that UFC in NYC is in the early stages of a long-lasting pairing destined for high grossing revenue, PPV records, gate records, statewide growth and insanely entertaining fights. UFC 205 is just the tip of the iceberg, but a gigantic piece to the puzzle moving forward. Let's see how this whole thing plays out.