It’s been almost two weeks since the sale of Bloody Elbow went public and GRV Media took over the various properties they acquired. Staff was warned the week of the sale that the new owners wouldn’t be keeping them and that’s been the case in actuality. They did put out a call that they were looking for experienced writers for producing content on the h…

UFC Vegas 88 is officially in the books and with it, the hope for Tai Tuivasa to turn around his fortunes. After coming out swinging for the fences, “Bam Bam” was quickly figured out by Marcin Tybura, who got the fight to the ground, capitalized on the subpar grappling of the Aussie, then promptly submitted him with a rear-naked choke, and he did it all…

UFC 299 is a hard act to follow but the matchmaking brass seems to have put in the bare minimum effort with their 88th Vegas-themed card. As always, the event is set to go down at the Apex, so you already know it’s going to be threadbare. If you thought the main card was shallow, the prelims certainly do their best to give it competition. It’s downright…

The UFC is back with another Apex card and it isn’t very good. Once again, a dearth of ranked fighters, fights (where both opponents in a fight carry a Top 15 ranking) and name value permeate this event. There are a couple contests that have our interest, but overall, this card is a dud, and feels like they pulled out all their “filler” athletes—the one…

UFC 299 was a great card in practice and according to the promotion’s brass, the event garnered a sellout gate that topped $13M—their fourth best live gate. The headliner, Sean O’Malley vs. Marlon Vera, was a title bout for bantamweight gold and it featured a fantastic supporting card with everything fight fans could possibly want—name value, action-pac…

UFC 299 just wrapped a long night of combat in Miami, and following a hellishly long boxing card in Knockout Chaos: Joshua vs. Ngannou so closely, we’re welcoming a Sunday respite from face punching. But first, we’re going to get into the action from the event, both the highs and the lows.

The main event put Sean O’Malley’s remarkable striking on display, showcasing crisp, accurate boxing, excellent footwork and last, but certainly not least, durability. It took a ridiculous amount of time before Vera realized that oblique and low kicks couldn’t win him the fight, especially with the volume that O’Malley was continuously peppering him with.

Sean’s jab was money. His combinations were surgical. His footwork was incredible—he seemed to be in perfect position 100% of the time. ‘Suga’ fought the perfect fight against a chronically tough veteran and made it look easy. Vera had but one saving grace tonight, and that’s his durability. The sheer volume of punishment he absorbed was massive.

If only he’d get his aggression off sooner, the results would almost assuredly be better. But to achieve that, he has to actually engage, and sadly, he just takes too long to going. By the time he’s confident enough to close the distance, he’s eaten so much damage that whatever he’s throwing can’t possibly be at full capacity. Timidity is certainly his most glaring failing.

In the sharpest contrast, Dustin Poirier and Benoit Saint-Denis both put on excellent performances, but it would be Poirier’s grit and power that would shine brightest. The entire card was excellent overall, but this contest was worth the price of admission. And yes, in case you were wondering, it won Fight of the Night.

There were about 4832 moments where Poirier gave fans reason to fret, most concerningly his determination to land a guillotine, often taking unnecessary risks on the ground. His corner even warned him to stop jumping guillotines and within the first minute of the following round, guess what he did? Jumped a gilly. Dustin, if you’re reading this, please stop giving us palpitations!

In the end, Dustin’s patience and crispy boxing had its intended effect, and even though he’s one of the nicest guys in the game with a heart of gold, he’s mean as all get out in that cage. He’s like a shark in freshly chummed waters and he’s relentless. Saint-Denis got brutalized. And once it was over, Poirier switched right back into good guy mode, sending the other guy—Mr. Violence—back to the ether until he’s summoned again.

From here, you’ll just have to listen to the show. But I will leave you with the results before turning you over to Zane and Eddie.

UFC 299 Results

* Sean O'Malley def Marlon Vera Unanimous Dec

* Dustin Poirier def B. Saint-Denis KO/TKO, 2:32 R2

* Michael Page def Kevin Holland Unanimous Dec

* J. Maddalena def Gilbert Burns KO/TKO, 3:43 R3

* Petr Yan def Yadong Song Unanimous Dec

* Curtis Blaydes def Jailton Almeida KO/TKO, 0:36 R2

* Maycee Barber def Katlyn Cerminara Unanimous Dec

* Mateusz Gamrot def Rafael dos Anjos Unanimous Dec

* Kyler Phillips def Pedro Munhoz Unanimous Dec

* Philipe Lins def Ion Cutelaba Unanimous Dec

* Michel Pereira def M. Oleksiejczuk Sub, 1:01 R1

* Robelis Despaigne def Josh Parisian KO/TKO, 0:18 R1

* Asu Almabaev def CJ Vergara Unanimous Dec

* Joanne Wood def Maryna Moroz Split Dec

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The prelims for UFC 299 stand in stark contrast to the main card in that it gives all the appearance of a fight night event rather than the high-priced PPV offering that it is. The good news is that most of those fights would undoubtedly be outside the Apex, proper “on the road” fights. We even have ranked fights and fighters on this portion of the show.

The featured prelim, a heavyweight showdown between Curtis Blaydes and Jailton Almeida, is a ranked, high-value bout, and one that looks intriguing. Wrestling vs. BJJ on display at the 265-pound limit. Mix in the old adage that the big boys carry a lot of heat in their mitts and we have the ingredients for a great fight.

There are a couple other ranked bouts left on this section of the event, too. Katlyn Cerminara (formerly Chookagian) vs. Maycee Barber and Mateusz Gamrot vs. Rafael dos Anjos. Aside from those, there is a ranked fighter here and there, but all told, the undercard reads like a really good fight night. Considering the depth of the main [ortion, we’re absolutely fine with it. Let’s take a look at what we’re working with, as well as some fun factoids.

UFC 299 Prelims

* Curtis Blaydes  vs.  Jailton Almeida 265 lbs

* Katlyn Cerminara  vs.  Maycee Barber 125 lbs

* Mateusz Gamrot  vs.  Rafael dos Anjos 155 lbs

* Pedro Munhoz  vs.  Kyler Phillips 135 lbs

* Michel Pereira  vs.  M. Oleksiejczuk 185 lbs

* Philipe Lins  vs.  Ion Cutelaba 205 lbs

* Robelis Despaigne  vs.  Josh Parisian 265 lbs

* CJ Vergara  vs.  Asu Almabaev 125 lbs

* Joanne Wood  vs.  Maryna Moroz 125 lbs

UFC 299 Fun Factoids

* Ranked fights: 7

* Ranked fighters: 16

* Fighters coming off a loss: 10

* Contender Series alumni: 8

* TUF alumni: 3

* Debuting fighters: 1

Don’t forget to check out the bonus section for a great review of the UFC Vegas 87 preliminary card. Make sure to tune in immediately after this weekend’s fights for breakdowns and analysis on our 6th Round Post-Fight Show.

Thank you for reading this article and listening to the podcast. Please consider subscribing to The MMA Draw Substack to enjoy our daily premium content. Your paid subscriptions are helping build our network and keeping hope alive that our staff will remain intact. If you haven’t already, please pledge with a paid subscription today. If you have, please share this post far and wide.

Francis Ngannou got away and we’re so very happy he did. Going from a $600K payday in the UFC—all because of the UFC’s hard-nosed tactics at the negotiation table—to a 10-figure purse in your second boxing match is unheard of unless your name is Conor McGregor. Ngannou may be giving the Irish superstar a run for the money in that regard very soon, and might even wind up on the coveted Forbes List this year. But how did he get there?

The long and the short of it is that he bet on himself and waited for the terms of his sunset clause to come to their conclusion, and then he took the Francis Ngannou show on the road. First stop, Riyadh, where he took the lineal heavyweight boxing champion of the world to a split decision that many in the community felt he won. He even put the champ on the canvas. Impressive for a pro debut, to say the least.

Now, he’s set to take on the number one contender in the world, a former champion in Anthony Joshua, and he’ll be doing it for a huge payday. After it’s all said and done, Francis could be looking at a $30M - $40M payday in his second pro bout. And the best part is he doesn’t have to give up a percentage of that to his MMA promoter, as the UFC requires.

Let’s take a look at some of the topics we covered in this episode:

1. How much do we think Ngannou is making for this fight?

2. How much is Joshua making?

3. What is PFL going to be watching to come out of this match?

4. There is a Harvard case study that came out, what does that say about Ngannou's PFL contract? Does it give us any info on what the terms are? How much he is getting paid? 

5. When we look at what Ngannou is making, one would think other fighters would try to follow his path. Why haven't we seen other UFC fighters do what he did?

6. What are the changes the UFC made in their contracts that prevents other fighters from doing what Francis did?

You know you can count on us for quick, consistent quality UFC coverage. The MMA Draw is an independent, reader supported publication. Please subscribe to our newsletter to keep up with our best work and learn how you can support the site. We’re constantly refining to try and provide our readers and listeners with the best, most current MMA news and opinions.

UFC 299 is a really good looking card when weighed and measured as a whole. The main event is a rematch that’s been nearly four years in the making, and as the event draws closer to fight night, the smack talk between the two has ramped up. They’re even direct messaging each other with insults. It will be interesting to see if the same Marlon Vera shows…

TKO Group Holdings, the conglomerate that went public last fall after the merger of the UFC with the WWE, released its full 2023 financial results last week. Having reported on their SEC and investor reports for the first and second quarter of last year, I am once again only going to focus on what we learn about the UFC’s finances from their 8-K, 10-K and earnings call.

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The big takeaway is that everything was gold for the UFC, setting records in almost every category. They saw increases in their revenue (including increases in each of the four segments that make up revenue), an increase in their EBITDA, and, in some good news for their fighters, even an increase in their athlete costs AKA fighter pay.

REVENUE

In 2023, the UFC delivered record financial results once again. Total revenue increased 13%, from $1.140 billion to $1.292 billion, an increase of $152 million. A breakdown of the individual segments is as follows:

* Media rights and content fees were up 10%, from 2022, going up $76.2 million from $794 million to $871 million last year. “The increase in media rights and content fees was primarily related to higher domestic and international rights fees resulting from increases in contractual revenues, higher fees associated with international renewals and one additional pay-per-view event in 2023 as compared to the prior year period.”

* Live events revenue were up 34%, a $42.6 million increase to a record $168 million, driven by growth in ticket revenues and site fees. “The increase in live events revenue was primarily related to 5 additional events with a live audience (26 in 2023 as compared to 21 in the prior year) and higher site fees.” In 2021 they sold out 20 live events with seven of them now ranking among the top 20 highest grossing UFC events of all time.

* Sponsorship revenue were up $29.5 million over the previous year, an 18% increase to another record $196 million. This was driven by new brand partners and renewal increases.

* Consumer product licensing was up from $53.6 million in 2022 to $57.3 million last year.

You know you can count on us for quick, consistent quality UFC coverage. The MMA Draw is an independent, reader supported publication. Please subscribe to our newsletter to keep up with our best work and learn how you can support the site. We’re constantly refining to try and provide our readers and listeners with the best, most current MMA news and opinions.