$7.7 Billion UFC Rights Deal Becomes Paramount’s Biggest Gamble Yet

about 3 hours ago

$7.7 Billion UFC Rights Deal Becomes Paramount’s Biggest Gamble Yet

Paramount officially takes over the UFC after ESPN’s run ends on December 13, locking in a seven-year, $7.7 billion deal. The agreement pays about $1.1 billion per year, nearly twice UFC’s previous $550 million ESPN deal. The streaming giant previously spent $1.5 billion each on the Champions League and South Park. Its UFC era opens with UFC 324 on January 24.

By Adarsh Ojha

Read more

Never miss an update! Download our app now.