Report: ESPN & Fox Have Submitted Joint Bid For UFC TV Rights
By FCF Staff
With the UFC’s current broadcast deal with Fox set to end in 2018, it’s being reported the latter company and ESPN have submitted a joint bid for the MMA promotion’s TV rights.
According to a new report from Variety :
…ESPN has signaled that it would be willing to pay $120-180 million per year to add the Endeavor-owned mixed martial arts league to its collection of live-event rights.
Fox, which currently pays $120 million per year UFC rights, would be willing see that number increase to a little more than $200 million. Fox’s current package includes four Saturday-night fights per year on Fox Broadcasting and a number of fight events on cabler Fox Sports 1 that has increased annually under its current agreement. A joint bid with ESPN would see Fox’s total number of events decline slightly.
The story also states that it’s been speculated the UFC’s ownership group is seeking $300-$400 million in its new television deal.