Wednesday, July 18, 2007

Spike to Pay $100 Million to Keep UFC

Multiple sources are reporting that Spike TV will renew their rights deal to continue carrying the UFC for over $100 million. According to Multichannel News, the pact will give Spike more live UFC events than the previous agreement. The deal will also allow Spike to continue running it's Ultimate Fighter reality series. Executives from Spike would not comment, and UFC executives could not be reached for comment at press time.

For those of you keeping track, that is $100 million more than Gary Bettman and the NHL received from NBC in their last rights deal.