The UFC Made ‘Well Over $700 Million’ Last Year, Moody’s Investors Service Reports
UFC 226 is now available on Amazon Prime.
The Ultimate Fighting Championship had a record-setting year in terms of revenue last year, which UFC President Dana White had alluded to for quite some time.
According to a recent Moody’s Investors Service
announcement, UFC Holdings, LLC, generated “well over $700
million” in revenue over the last 12 months ending in March 2018.
UFC Holdings is the name of the corporate entity after Zuffa sold
the promotion to Endeavor, Silver Lake Partners and Kohlberg Kravis
Roberts & Co.
Former owners Frank and Lorenzo Ferttita are reported to have earned a $175 million payout for the record-setting accomplishment of a $275 million EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) over the Last Twelve Months (LTM) before the end of 2017.
The Ferttita brothers stand to receive an additional $75 million at the end of 2018 if the UFC achieves an amount of $350 million in Earnings Before Interest.
Of course, 2017 saw the UFC earn a big piece of the blockbuster Floyd Mayweather vs. Conor McGregor pie, which likely played a part in last year’s record-setting revenues, earning the promotion about $200 million towards the overall $700 million figure.
Beyond that, the UFC still managed to score record numbers despite not having superstars like Brock Lesnar and the now-retired Ronda Rousey.
Moody’s Service announcement says the UFC’s upcoming deal with ESPN will be a “material positive event, but (doesn’t) impact the company’s B2 corporate family rating or stable outlook.”
The promotion currently has roughly $2 billion in debt and was sold by Zuffa for $4 billion to Hollywood-backed Endeavor back in July, 2016.
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The Ultimate Fighting Championship had a record-setting year in terms of revenue last year, which UFC President Dana White had alluded to for quite some time.
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Former owners Frank and Lorenzo Ferttita are reported to have earned a $175 million payout for the record-setting accomplishment of a $275 million EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) over the Last Twelve Months (LTM) before the end of 2017.
To put that into perspective, the Earnings Before Interest figure
was $226 million in 2016 and $189 million in 2015.
The Ferttita brothers stand to receive an additional $75 million at the end of 2018 if the UFC achieves an amount of $350 million in Earnings Before Interest.
Of course, 2017 saw the UFC earn a big piece of the blockbuster Floyd Mayweather vs. Conor McGregor pie, which likely played a part in last year’s record-setting revenues, earning the promotion about $200 million towards the overall $700 million figure.
Beyond that, the UFC still managed to score record numbers despite not having superstars like Brock Lesnar and the now-retired Ronda Rousey.
Moody’s Service announcement says the UFC’s upcoming deal with ESPN will be a “material positive event, but (doesn’t) impact the company’s B2 corporate family rating or stable outlook.”
The promotion currently has roughly $2 billion in debt and was sold by Zuffa for $4 billion to Hollywood-backed Endeavor back in July, 2016.
We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.
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