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UFC to spend around $60m on White House event

UFC to spend around $60m on White House event

Summary

The UFC plans to hold a special event at the White House on June 14 to celebrate 250 years of American independence. The project will cost around $60 million, with the promotion not expecting to make any money from it. The UFC anticipates thousands of spectators both at the White House and a nearby park, although specific fight details are not yet confirmed.

Key Facts

  • The UFC event will take place on June 14 at the White House to mark 250 years of American independence.
  • The event's cost is approximately $60 million.
  • UFC President Dana White and TKO Group Holdings confirmed the event.
  • TKO Group Holdings plans to cover about half of the costs through corporate partnerships.
  • Around 5,000 people will watch the event on the White House South Lawn.
  • An additional 80,000 fans are expected to watch from the nearby Ellipse park in Washington, D.C.
  • No specific fights have been confirmed, but some fighters have shown interest in participating.
  • UFC and TKO Group Holdings do not expect to make a profit from the event.

Source Information