Ray Sefo says sharing revenue with fighters will help grow MMA. | Photo: Mike Sloan/Sherdog.com
World Series of Fighting plans on entering the pay-per-view business late next year, and with that move, its fighters could be handsomely rewarded.
The Las Vegas-based organization on Tuesday revealed plans to hold a pay-per-view sometime in the second half of 2015. All fighters who compete on the pay-per-view broadcast will receive 50 percent of net revenue earned from the event, according to a release.
“Until now, one of the main things holding this sport back from becoming even bigger than it is today has been fighter compensation and the inability of the sport’s top athletes to earn on par with top-level professional athletes in other sports,” said WSOF President Ray Sefo.
“If fighters can’t earn a fair share of the money at the top, the fighters lose hope or become disenchanted with the sport, which impacts their commitment to training and preparing properly for title fights,” he continued. “That is about to change. Thanks to this major step we are taking, now fighters will train harder than ever to become a champion, giving the fans some epic championship bouts to enjoy.”
Including its Canadian cards, WSOF has held 15 events since its inception in November 2012. The promotion has a television deal with NBC Sports Network, and it debuted on NBC with WSOF 11 on July 5. WSOF’s next event is scheduled for Oct. 11 in Edmonton.