Lorenzo Fertitta file photo | Dave Mandel/Sherdog.com


Ultimate Fighting Championship officials on Thursday held a press conference at Madison Square Garden in New York City to both reiterate the promotion’s commitment to legalizing MMA and to release the findings of a study detailing the economic impact of bringing the sport to the Empire State.

“Fans in New York have to travel to outside states [to attend UFC events]. When they do that, they’re spending tourism dollars that impact those local economies,” said UFC Co-Owner and CEO Lorenzo Fertitta, who attended the conference along with company president Dana White. “We have cities bidding for our event. This sport is now global. It’s time to hold events in New York.”

According to the study conducted by HR&A Advisors, Fertitta said, holding two UFC events in New York would generate $16 million for the local economy. Events run by smaller promotions would inject an additional $7 million of revenue into the state, bringing the total to $23 million, the study found.

“We prepared an economic study, and we made conservative assumptions for economic projections in New York. We assumed that the UFC would hold one event at Madison Square Garden and one event in upstate New York,” said HR&A partner Jamie Springer.

Springer went on to predict that smaller organizations would combine for roughly 70 MMA events, selling 2,000 tickets per show on average, which would make up the other $7 million per year.

Madison Square Garden Sports President Scott O'Neil asserted that as soon as the sport became legal, the UFC would be welcome at the Garden.

“We are thrilled that Dana and the UFC are so committed to New York,” O’Neil said. “UFC and its passionate fans have a home here at Madison Square Garden, and we look forward to welcoming them as soon as the sport is regulated in New York. We have no doubt that UFC would be enormously popular at the Garden and a great addition to our lineup of world class sports and entertainment events.”

UFC lightweight champion Frankie Edgar, a native of nearby New Jersey, was also in attendance. The champ expressed his desire to fight in the world’s most famous arena.

“I can’t wait until I get to fight here. I’ve always been a New York sports fan. Being from New Jersey, I always wanted to fight at the Garden. Fighting in Jersey is great, but there is nothing like fighting here,” said Edgar. “There is nothing like a live UFC event. Being a guy who gets to [fight in the UFC], you would think that I’d get numb to it, but I always get the chills. I think the people of New York would appreciate having [MMA] here.” For several years, the UFC has lobbied the New York legislature to regulate the sport. Asked if he was frustrated with the drawn-out process, White pointed to the promotion’s track record of helping to get MMA legalized in similar situations.

“To be honest, I’m not frustrated. I’m a little baffled. It’s an education process. I feel we have a good team here in New York and we’re going to get this thing done,” said White. “The process is the same everywhere we go. Our job is to educate these guys on who [the fighters] really are and what this sport is. We got Ontario done, and I’m confident we’ll get New York done, too.”

view original article >>
Report here if this news is invalid.

Related News

Bellator 170: Ortiz vs. Sonnen Post-Fight Press Conference Replay | MMAWeekly.com

  • 29 days ago
  • 9 views

Former UFC light heavyweight champion Tito Ortiz fought for the last time on Saturday at Bellator 170, defeating Chael Sonnen by submission in the first round. read news >>

UFC Fight Night 107 ticket pre-sale starts today £40 ($50 US) gets you in the door in London

  • 26 days ago
  • 4 views

Just £40 ($50 US) will get you in the door for the UFC’s return to London in March. Filed under: News, UFC read news >>

They released a special 'Fight Motion' video for Saturday's UFC on FOX 23 headliner

  • 27 days ago
  • 78 views

While the UFC usually releases its “Fight Motion” video highlights after an event, officials have debuted a new one ahead of Saturday’s UFC on FOX 23 headliner.Filed under: News, UFC, Videos read news >>

UFC Fight Night 105 adds Carmouche vs. McMann, Janes vs. Meerschaert, Gavin vs. Sicilia

  • 27 days ago
  • 8 views

The UFC Fight Night 105 lineup is finally filling out, and UFC officials have announced three new contests for the card. The additions include a women's bantamweight matchup between [autotag]Liz Carm read news >>

UFC Fight Night 105 adds Carmouche vs. McMann, Janes vs. Meerschaert, Sicilia vs. Tucker

  • 27 days ago
  • 4 views

The UFC Fight Night 105 lineup is finally filling out, and UFC officials have announced three new contests for the card, as well as a rebuilt contest.Filed under: News, UFC read news >>

UFC Statement on George Sullivan

  • 25 days ago
  • 0 views

“The UFC organization was formally notified today that the U.S. Anti-Doping Agency (USADA) has informed George Sullivan of a potential Anti-Doping Policy violation stemming from an out-of- read news >>

Video: Watch today's UFC on FOX 23 ceremonial weigh-ins live on MMAjunkie at 7 p.m. ET

  • 24 days ago
  • 19 views

DENVER – UFC on FOX 23 ceremonial fighter weigh-ins take place today, and you can catch a live video stream of the proceedings here on MMAjunkie at 7 p.m. ET (4 p.m. PT).Filed under: News, UFC, Video read news >>

Video: Watch UFC on FOX 23's post-event press conference on MMAjunkie

  • 23 days ago
  • 21 views

DENVER – UFC on FOX 23 takes place today at Pepsi Center in Denver. As usual, you can watch a live video stream of the post-event press conference here on MMAjunkie at approximately 10:15 p.m. ET (8: read news >>

UFC Denver: Shevchenko vs. Pena Post-Fight Press Conference Replay | MMAWeekly.com

  • 22 days ago
  • 21 views

UFC president Dana White and the big winners from the UFC Denver fight card fielded questions from the media following the event at the Pepsi Center. read news >>

Video replay: UFC on FOX 23 post-event press conference

  • 22 days ago
  • 19 views

DENVER – Check out a video replay of the UFC on FOX 23 post-event news conference.Filed under: News, UFC, Videos read news >>