In December I did an interview with Drake Riggs regarding UFC Financial Predictions for 2017
Snippet:
Q: Upon hearing about Dave Meltzer’s audio (which referenced a projected EBITDA of over $300m), I was wondering if you can begin by answering what does EBITDA mean and how it translates to the UFC?
Frankie NYC: Earnings Before Interest, Taxes, Depreciation and Amortization. In simple terms directly related to UFC, it is the health of the pure business for the year and not including the loans/interest WME-IMG is responsible for due to the sale. An example is buying a home for $250,000, that is the worth of the home. If you wind up paying $50,000 more due to a mortgage, that does not alter the market price. Some businesses rather be liquid as far as money. WME-IMG received $1.1b additional capital from investors in 2017. They decided not to use it to pay off loans/interest, but to have ready to use to invest in more shares of UFC and/or other companies. So basically if UFC does announce the EBITDA of $320 million, that is the UFC’s financial performance for 2017, before the various owners individual evaluations in regarding to UFC. Remember UFC is owned by more than WME-IMG.
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Now that I am a content provider for BodySlam.net’s MMA area, I wanted to share the information and ask the MMA Community to contact me with any follow-up queries.
Contact me at [email protected] with your queries
F-NYC take:
As we last left off, UFC’s EBITDA was expected to be announced at over $300 million. That figure would be UFC’s biggest profit year by far and having the biggest profit year during a downturn in MMA interest (TV, PPV) shows the difference between the Fertitta-Era and the WME-Era.
FRANKIE NYC
https://twitter.com/FrankieNYC_Biz
[email protected]
