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Saturday, March 12, 2011
Breaking Updates: UFC Buys Strikeforce
Here are some more notes from the UFC-Strikeforce deal:
UFC approached Strikeforce about purchasing the company.
The deal was finalized this morning (Saturday). There had been talks for several weeks now. It was done fairly quickly.
Almost nobody knew that talks between UFC and Strikeforce were ongoing.
Dana White says he knows Strikeforce is a brand that people like and the purchase opens up more fights.
Scott Coker will remain in charge of Strikeforce. They will remain separate brands. Strikeforce will continue to run "business as usual". All Strikeforce contracts remain in place.
Dana White again says "it's business as usual" with both companies running separate events.
White would not disclose how much the deal was worth but said "it was a good deal".
You can compare this deal to the UFC/PRIDE purchase years ago as well as the WWE/WCW purchase. This is a huge deal in the MMA world guys.
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