Company executives declined to comment on the sales price, but a person familiar with the negotiations told The Associated Press that brothers Lorenzo and Frank Fertitta will purchase the Japan-based Pride for less than $70 million. The person was not authorized to speak to reporters and spoke on condition of anonymity.
Archive for March, 2007
The following is from the official MySpace blog of UFC fighter Tito Ortiz:
So, everyone is giving me shit for the Dana fight… No one knows what really went on. Let me tell my side of what real went on. Me and Dana had this agreement to box each other. I told Dana we should put it on video and sell it. He said "yes that a good idea". So Spike came to Big Bear before the Chuck fight for two days. Used my time from training to shoot for the Spike special. I said that was fine. I took two week off after the chuck fight. Then started my boxing training. You all have to understand that Dana was almost a pro boxer. I was going to take this fight serious. Jenna was helping me with the deal because I seen this as a big money maker. She ask if there was a contract for the fight? She made call's to dana to get the deal done. Craig from Spike called Jenna back to discuss is deal. She asked for executive producer rights for me. Since it was my idea. Help to promote Punishment Athletics for the fight and other deal points. Craig said he would talk to Dana and get back to us. After that I cancel a few appearance's that I had to do. A lot of money that was given up. So I could train for the fight. I had to get all of my medicals done as a normal fight. I got my eye done then we got a call from Craig. He said that Dana say that they are not going to shoot the fight or cover it in anyway. So this was a real lose,lose situation for me. I lost out on money for appearances. Now I was losing out on promotion and big dollars for the PPV. He didn't want to cut me in on the deal. So as a business man I couldn't do the fight. I have a very big fight with Evans. Why would I risk my health and that fight for free? I wasn't going to make anything for it? I was not going to get taken advantage of as a fighter or a business man. You tell me if I made the right decision? Hopefully this will get ironed out and will be done right the next time. Just trying to do business….. Tito Ortiz
The following is the full OFFICIAL UFC Fight Night line-up for April 5th.
-Joe Stevenson vs. Melvin Guillard
-Antoni Hardonk vs. Justin McCully
-Kenny Florian vs. Dokonjonosuke Mishima
-Drew Fickett vs. Keita Nakamura
-Wander Braga vs. Kurt Pellegrino
-Forrest Petz vs. Kuniyoshi Hironaka
-Seth Petruzelli vs. Wilson Gouveia
-Rich Clementi vs. Roan Carneiro
-Thiago Tavares vs. Naoyuki Kotani
UFC middleweight fighter Nathan Marquardt (25-6-2) just signed the bout agreement for UFC 72, sealing his bid to challenge for the 185-pound belt against current champion Anderson Silva (18-4) on July 7.
It’s been a long road for the mixed martial arts veteran, who will look keep his untarnished record inside the Octagon intact against one of the most gifted fighters in the sport today.
Nate recently wrote a quick note for his fans via MySpace, detailing some of his thoughts on the biggest fight of his successful career to date.
Here it is:
“Hello UFC fans. I am very excited to tell you that I will be fighting for the UFC Middleweight title on July 7 against Anderson Silva.
I have known for a while but have not told anyone until I was sure. I just signed the bout agreement yesterday and sent it in. I was told by my manager that if I beat Dean Lister that I would be fighting for the title. Then, our bout was not shown on television because of a decision by Spike TV.
I was worried that this might change the title situation, but the UFC has always kept their word with us and told us that we still would get the fight. I have learned not to get my hopes up until it is in writing.
Last week I received the bout contract and now I am very excited. I am fighting for the Middleweight belt, but I am more excited to fight against Anderson Silva. I believe he is a great fighter. I know my style will match up well with his and will make an exciting fight and in the end I will be victorious!
To prepare for this fight I will be training with all my normal training partners at Jackson’s and in Denver. I will be training just like I do for any fight. Anderson Silva is a great fighter, but is just that, a fighter. He is not invincible, he has weaknesses and I am Nathan Marquardt.
I would like to thank all of my fans, sponsors, students, teammates, family and friends who have believed in me throughout all the ups and downs.”
The rumors swirling around the sale of Pride FC have been ongoing for quite some time, but things flared up again on Monday when Sherdog.com started talking about strong rumors from some of their sources, who said that the deal has finally been struck.
MMAWeekly has confirmed , including sources in Japan that are extremely close to the situation, that the deal has indeed been reached. From what we understand, Frank and Lorenzo Fertitta have come to an agreement that would put Pride in their hands. But remember, that is an agreement, not a finalized transaction. As with any business transaction as complex as the purchase of one company by another, things are never 100% finalized until the proverbial keys to the front door have finally changed hands.
With that said, unless something changes at the eleventh hour, it appears that Pride will soon fall under the ownership of the Fertitta brothers. According to sources, the purchase is believed to include fighter contracts, Pride’s video library, and the Pride FC name brand. The issue of fighter contracts is one of the more touchy points, as there can be variables in each individual contract that will have to be dealt with, and no information has come forth that states which fighters would be included.
It was not immediately clear when the deal would be announced, although it is believed that Nobuyuki Sakikabara, the President & CEO Of Dream Stage Entertainment (Pride’s present owner), is traveling to the United States this week in regards to matters related to the agreement.
The following promotional poster has been released, confirming our report earlier today that UFC 71 on May 26th is set to feature the highly anticipated rematch between Chuck Liddell and Quinton "Rampage" Jackson, for Liddell's UFC Light Heavyweight title:
If that wasn't enough proof, Sherdog.com is reporting the fight will be made official this coming Tuesday, according to Jackson's manager and trainer Juanito Ibarra.
Unbeaten light heavyweight David Heath has stepped up to the plate to face fellow contender Lyoto Machida at UFC 70 after Forrest Griffin was forced to withdraw from the April 21st bout Wednesday due to a severe staph infection.
Attempts to place 205-pound contenders Keith Jardine and Jason Lambert in the bout against Machida were unsuccessful due to a shoulder injury suffered by Jardine, and the continuing recovery of Lambert after a grueling win over ‘Babalu’ Sobral on March 3rd’s UFC 68 card. So the call went to Tulsa, Oklahoma’s Heath, who eagerly accepted the bout, which will take place at the M.E.N. Arena in Manchester, England.
“He’s an aggressive striker,
which I really like about him,” said Heath of Machida. “I think his style, mixed with mine, will make for a very exciting fight and I’m looking forward to fighting him.”
The 31-year old Heath is in his fourth year as a professional mixed martial artist. Known for his standup game (which is undoubtedly helped by his work with super middleweight boxing contender Allan 'Sweetness' Green), Heath nonetheless surprised the MMA world in his UFC debut last August when he submitted ground specialist Cory Walmsley at 2:32 of the first round at UFC 62. Heath’s standup was in evidence in his second Octagon appearance though, as he put on an entertaining three round bout with Canada’s Victor Valimaki en route to a hard fought split decision win.
Gary Turner has got plenty to smile about this morning, as he has landed the dream bout against the man mountain that is Bob Sapp. Due to the unfortunate withdrawal of Robert “ Buzz” Berry, Gary has stepped up to the plate and intends to take full advantage of this golden opportunity. Gary has signed a 3 fight deal with Cage Rage and we are glad to welcome the “ Smiler” to the roster of fighters. Gary will treat this fight like any other fight and will look to capitalise on his incredible striking, but make no mistake the little guy has got what it takes to win.
Light heavyweight contender Forrest Griffin has been sidelined by a severe staph infection in his knee and today was forced to withdraw from his UFC 70 bout with Lyoto Machida. A replacement is currently being sought to face Machida on the April 21st card, which will be held at the M.E.N. Arena in Manchester, England.
All of the fighters have been confirmed for the upcoming season of The Ultimate Fighter, which features an all Lightweight (155 lb.) cast. The coaches will be former Lightweight champion Jens Pulver, and former Welterweight champion going back to Lightweight – B.J. Penn.
The fighters on the show will be: