PFL Gains $30 Million in New Funding for PPV Super Fight Division; A-Rod Joins Board
PFL CEO @PeteMurrayPFL on how today’s funding will help the Fans, Fighters, and the growth of MMA pic.twitter.com/SrOYAjzAxy— PFL (@PFLMMA) May 19, 2022
The Professional Fighters League on Thursday announced the completion of a $30 million Series E equity round to fund global expansion and launch its new “PPV Super Fight Division.”
The funding was ushered by Waverley Capital, a venture capital firm guided by Daniel Leff and Edgar Bronfman, Jr. Former Major League Baseball superstar and current businessman Alex Rodriguez also took part and will join Leff on the PFL Board of Directors.
A press release sent Thursday morning stated that the PFL has total funding $200 million from dozens of sports stars, media leaders and influencers, including Ted Leonsis, Brandon Beck, Mark Lerner, Debra Cafaro, Ray Lewis and Wiz Khalifa.
“With this new capital, PFL is open for business to sign the biggest MMA star fighters in the world to our new PPV Super Fight Division,” said PFL CEO Peter Murray in Thursday’s release. “Just as we changed the game with our league season format, we will now disrupt the long-overdue pay-per-view business for the benefit of fighters by partnering to make them major participants in the revenue of their own fights.”
“I love the global reach of MMA,” stated Rodriguez. “The PFL continues to build and innovate for fans, media, and fighters and there is massive demand in the marketplace.”
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