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State official: TKO is ‘very good at instilling fear’ due to WWE & UFC revenue
['Josh Nason']
F4W/WON
New reporting from The Guardian Wednesday has the estimated amount that Paramount Skydance is paying TKO for Zuffa Boxing broadcast rights in addition to some interesting quotes regarding the tactics of WWE and UFC’s parent company.
Longtime boxing writer Thomas Hauser delved into the emergence of the new Zuffa entity and the concerns around fighter pay that have been a part of the conversation around UFC for years.
“TKO and Zuffa play hardball,” one state regulator told the Guardian.
“And they generate so much revenue from WWE and UFC that no one wants to cross them.”“They’re very good at instilling fear,” another official said.
“Many of these rights, while not exclusive beyond the term of the contract, extend non-exclusively in perpetuity,” Hauser notes.