The deal that shook the MMA world is officially done.

On Monday, Zuffa, LLC announced the official purchase of Strikeforce, with continued promises that the organization will run as a separate entity for the time being.

The deal to purchase Strikeforce could go down as one of the biggest moments in MMA history, as Zuffa now owns the two biggest fight promotions in the world, and bring their brand into recognition along with major sports leagues like the NFL, MLB and the NBA.

“We have worked hard to make mixed martial arts the fastest growing sport in the world,” UFC President Dana White said. “We’ve spent countless hours getting this sport regulated and taking the Octagon all over the world. Acquiring the Strikeforce assets allows us to continue to develop this sport into a global force.”

UFC co-owner Lorenzo Fertitta echoes similar sentiments, while also pointing out that Strikeforce CEO Scott Coker will remain an intricate part to the business plan they have going forward.

“We intend to operate Strikeforce as a separate business much like we did with the WEC for many years,” Lorenzo Fertitta, Chairman and CEO of Zuffa, said. “We look forward to working with Scott Coker, and the entire Strikeforce and Showtime teams to continue to provide quality content for mixed martial arts fans.
?
“We’ve long admired Scott Coker and the Strikeforce business he launched and developed,” Fertitta continued. “We feel that together with Scott, we can continue to build both Strikeforce and the UFC.”

Until Monday, Strikeforce leader Scott Coker had been off the radar, but through the press release he stated his first feelings on the deal, and he’s ready to move forward with the future of Strikeforce and working with the Zuffa entity.

“This is an important day for the sport of mixed martial arts,” Strikeforce CEO Scott Coker said. “We are excited to work with Lorenzo Fertitta, Frank Fertitta, Dana White and everyone at the UFC on the quest to make MMA the biggest sport in the world. Fans can continue to expect quality Strikeforce shows and we look forward to giving our athletes an even broader platform on which to perform.”

The UFC will hold a conference call on Monday at 1pm ET with Dana White and Lorenzo Fertitta both on the call to discuss the Strikeforce purchase with the media. MMAWeekly.com will have full coverage of the call as well as posting update on Twitter.

view original article >>

Report here if this news is invalid.

Related News

BJ Penn Officially Ends UFC Retirement: Latest Details, Comments and Reaction

  • 17 days ago
  • 22 views

UFC Hall of Famer and former two-division champion BJ Penn officially announced his return to the Octagon on Tuesday. Per an interview on The MMA Hour with Ariel Helwani (via MMAFighting's Shaun Al-S read news >>

UFC Announces Events for Croatia and Netherlands

  • 28 days ago
  • 5 views

UFC on Friday announced two landmark events scheduled to take place in Europe in 2016: Croatia and The Netherlands. read news >>

WSOF announces upcoming events in Connecticut, Massachusetts, North Dakota

  • 12 days ago
  • 5 views

WSOF’s summer plans have now been made official with the announcement of locations for WSOF 31, WSOF 32 and WSOF 33.Filed under: News, WSOF read news >>

WSOF 29: Gaethje vs. Foster Moves to New Colorado Venue

  • 12 days ago
  • 2 views

World Series of Fighting announced on Saturday that the location for WSOF29: Gaethje vs. Foster has been moved to a new Colorado location. read news >>

Cain Velasquez apologizes for UFC 196 withdrawal: 'I can't ignore this injury'

  • 12 days ago
  • 171 views

After officially withdrawing from UFC 196 with a back injury, former UFC heavyweight champ Cain Velasquez has issued an apology.Filed under: Featured, News, UFC read news >>

Cain Velasquez Injured, Stipe Miocic Steps in to Face Fabricio Werdum at UFC 196

  • 12 days ago
  • 101 views

UFC officials announced on Sunday that the former heavyweight champion Cain Velasquez has been forced to withdraw from the UFC 196 title fight against titleholder Fabricio Werdum. read news >>

UFC on FOX 18 live and official weigh-in results

  • 11 days ago
  • 5 views

NEWARK, N.J. – MMAjunkie is on scene and reporting live from Friday’s UFC on FOX 18 fighter weigh-ins, which take place at Prudential Center in Newark, N.J.Filed under: News, UFC read news >>

NY federal judge denies UFC move to allow Madison Square Garden event

  • 11 days ago
  • 14 views

A federal judge today denied UFC parent company Zuffa a preliminary injunction that would have allowed the promotion to hold an April 23 event at New York City’s Madison Square Garden.Filed under: Ne read news >>

Victory FC 48 heads to Iowa on Feb. 19 with Jackson vs. Moreno title fight

  • 10 days ago
  • 3 views

Victory FC, which recently announced a new deal with UFC Fight Pass, has set a full lineup for its second event of the year.Filed under: News read news >>

Hendricks vs. Thompson Now Headlines UFC Fight Night on FS1 Feb. 6 in Las Vegas

  • 9 days ago
  • 2 views

UFC® announced today that its card on Saturday, Feb. 6 at the MGM Grand Garden Arena in Las Vegas will now air live on FS1 and be headlined by a five-round welterweight bout between former read news >>