UFC buys Pride!!!!!!! 3/4's Legit.

MMAPlayground.com » MMA General » UFC Forum » UFC buys Pride!!!!!!! 3/4's Legit.
« Previous Page
Manfred
3/20/07 4:40:08PM
Hate to burst the bubble but:

In an exclusive interview, Pride USA Vice President, Jerry Millen, commented on the speculation that Pride has been bought by the Zuffa organization.

"It's bullshit. You can't beleive what you read on the internet and as a matter of fact I just got off the phone with Japan and unless I'm being lied to Pride has not been sold and is not being sold to anyone, especially to Zuffa. We are in the process of making some ground breaking deals that will be bringing in large sums of revenue to the company and making it stronger than ever."

Gracie Mag
Mayo
3/20/07 5:01:34PM
JUST REMEMBER... THAT @#$%#! JERRY MILLEN ALSO SAID HE FIRED BAS RUTTEN WHICH WAS BULL$HIT TOO!

Pride doesn't have any reason to keep Millen in the loop on this one. They know he's a prick and wouldn't need to consult with him on a decision if they wanted to sell.

It can still happen. Even though a Wednesday official announcement is now a rumour, let's just wait till tomorrow and see if there's any announcement from anybody other than F#$% Millen!
cowcatcher
3/20/07 5:30:26PM
this is probably leaning toward truth considering how long the rumors have floated around out there. im for it, i want to see the best against the best, plus as i read earlier, sports "monopolies" work, its not like an oil company merging, in sports you want to see the best talent on the biggest stage. it gives the matches a tangible feel that the best are competing and easily weeds out the pretenders from contenders. as for millens comments, the guy is a douche and i dont believe anything he says, if he says the world is round id have to reconsider my thoughts on the earths shape. im hoping an official announcement comes much sooner than later, but with all the legal issues and documents to be filed im afraid that isnt likely, but the sooner we know one way or another the better off we'll be as fans so we dont have to continue speculating on whether every whack job blogger is in the know about the sale.
hippysmacker
3/20/07 5:49:29PM

Posted by cowcatcher

this is probably leaning toward truth considering how long the rumors have floated around out there. im for it, i want to see the best against the best, plus as i read earlier, sports "monopolies" work, its not like an oil company merging, in sports you want to see the best talent on the biggest stage. it gives the matches a tangible feel that the best are competing and easily weeds out the pretenders from contenders. as for millens comments, the guy is a douche and i dont believe anything he says, if he says the world is round id have to reconsider my thoughts on the earths shape. im hoping an official announcement comes much sooner than later, but with all the legal issues and documents to be filed im afraid that isnt likely, but the sooner we know one way or another the better off we'll be as fans so we dont have to continue speculating on whether every whack job blogger is in the know about the sale.



I posted this in another thread about the monopoly differences. I'll just paste it here, becasuie I'm not typing it again

I would love to see unified champs, but I think it will only happen if their is a unified worldwide governing sanctioning body. All the sports you've named have franchise owners who are essenially in business with eachother, and who share revenue. Still in the case of Football/Baseball you have 30+ different owners bidding on the price of talent, which in turn keeps employees salaries fair. Also, those sports athletes have unions to help protect their right's ( Although I admit fairness is not usually their maingoal, ) and, their right's are collectively bargained for. I really think with only one major entity bidding on the fighter's ,their pay will suffer. Also, I'm a firm beleiver that absolute power will corrupt any person. and I wouldn't want Dana's ego to lead him into a Don King scenario. I know they would still have other side options moneywise( K-1, Bodog, EliteXC etc.) , but I'm not sure how many will survive long term. Add the fact that those fighter's would only be fighting a much lesser quality of opponent, and we still would miss out on some talented fighter's who felt financial security was more important. I also beleive there needs to be at least one significant rival to the UFC to keep them in check. Checks and balances and competition are generally essential to growth and employee/consumer value. K-1 isn't going any where for sure, but MMA has so far been a sideline to there kickboxing . As for the UFC acquiring Pride I agree it would seem to great for fans in the short term, dream matchups would abound. However, in the long term I think MMA as a whole would suffer. If there's money to be made, someone will always be starting up a new promotion, and some might actually panout in the long term. I'll give a hypothetical scenario , that I actually find plausible. If Pride folded and Fedor thought he could make more money , and have more control over his life, he might actually sign a longterm , exclusive deal with Bodog. Basically he would only end up fighting those between contracts, who wanted a big payaday and a shot at him. So probably one decent fight per year. The rest of the time we would see curious matchups like Lindland. I'm not in any way saying Fedor is afraid of anyone, I stiill beleive he is the best in the world, but I want to see him fight the best HVY'S . Still, ridiculous money, and a chance to control the venue( staying home in Russia to fight) makes this plausible to me. As of now we are not seeing Fedor fight them anyway, but I think the only way to see the best matchups is a possible Unified worldwide sanctioning body, with unified rules. We don't have either now anyway, but I still think Pride folding or being bought by the UFC is bad for the sports longterm health. The best option I can think of currently ( absent the WWide gov. sanctiong body) would be for K-1 to buy them, and Promote their MMA side more vigourosly everywhere. They have the money, TV deal, and would have the fighter's to make it interesting. Sure cooperation between promotions would be great , but I don't see it happening soon. To sum it up: I think someone needs to buy and fix Pride, and there needs to be one big unified sanctioning body for the best possible MMA future.
zephead
3/20/07 6:19:15PM

Posted by hippysmacker


Posted by cowcatcher

this is probably leaning toward truth considering how long the rumors have floated around out there. im for it, i want to see the best against the best, plus as i read earlier, sports "monopolies" work, its not like an oil company merging, in sports you want to see the best talent on the biggest stage. it gives the matches a tangible feel that the best are competing and easily weeds out the pretenders from contenders. as for millens comments, the guy is a douche and i dont believe anything he says, if he says the world is round id have to reconsider my thoughts on the earths shape. im hoping an official announcement comes much sooner than later, but with all the legal issues and documents to be filed im afraid that isnt likely, but the sooner we know one way or another the better off we'll be as fans so we dont have to continue speculating on whether every whack job blogger is in the know about the sale.



I posted this in another thread about the monopoly differences. I'll just paste it here, becasuie I'm not typing it again

I would love to see unified champs, but I think it will only happen if their is a unified worldwide governing sanctioning body. All the sports you've named have franchise owners who are essenially in business with eachother, and who share revenue. Still in the case of Football/Baseball you have 30+ different owners bidding on the price of talent, which in turn keeps employees salaries fair. Also, those sports athletes have unions to help protect their right's ( Although I admit fairness is not usually their maingoal, ) and, their right's are collectively bargained for. I really think with only one major entity bidding on the fighter's ,their pay will suffer. Also, I'm a firm beleiver that absolute power will corrupt any person. and I wouldn't want Dana's ego to lead him into a Don King scenario. I know they would still have other side options moneywise( K-1, Bodog, EliteXC etc.) , but I'm not sure how many will survive long term. Add the fact that those fighter's would only be fighting a much lesser quality of opponent, and we still would miss out on some talented fighter's who felt financial security was more important. I also beleive there needs to be at least one significant rival to the UFC to keep them in check. Checks and balances and competition are generally essential to growth and employee/consumer value. K-1 isn't going any where for sure, but MMA has so far been a sideline to there kickboxing . As for the UFC acquiring Pride I agree it would seem to great for fans in the short term, dream matchups would abound. However, in the long term I think MMA as a whole would suffer. If there's money to be made, someone will always be starting up a new promotion, and some might actually panout in the long term. I'll give a hypothetical scenario , that I actually find plausible. If Pride folded and Fedor thought he could make more money , and have more control over his life, he might actually sign a longterm , exclusive deal with Bodog. Basically he would only end up fighting those between contracts, who wanted a big payaday and a shot at him. So probably one decent fight per year. The rest of the time we would see curious matchups like Lindland. I'm not in any way saying Fedor is afraid of anyone, I stiill beleive he is the best in the world, but I want to see him fight the best HVY'S . Still, ridiculous money, and a chance to control the venue( staying home in Russia to fight) makes this plausible to me. As of now we are not seeing Fedor fight them anyway, but I think the only way to see the best matchups is a possible Unified worldwide sanctioning body, with unified rules. We don't have either now anyway, but I still think Pride folding or being bought by the UFC is bad for the sports longterm health. The best option I can think of currently ( absent the WWide gov. sanctiong body) would be for K-1 to buy them, and Promote their MMA side more vigourosly everywhere. They have the money, TV deal, and would have the fighter's to make it interesting. Sure cooperation between promotions would be great , but I don't see it happening soon. To sum it up: I think someone needs to buy and fix Pride, and there needs to be one big unified sanctioning body for the best possible MMA future.



Great post.

The one thing I think that stand in the way of a "Unified Sanctioning Body" is, the Atheletic Commisions here in the states. I can't see them ever allowing soccer kicks to the head or kneeing a down opponet in the head. I remember what McCain did to the UFC back in the 90's.

Imagine some of the head stomping you've seen in Pride or Randleman landing his knees like he did in that one fight. Remeber the beating that Shogun administered to Rampage? The kicks in the corner when Page was down? Could you see McCain and others reaction to those.

I agree, the UFC buying Pride just might be a really bad thing to the long term growth of the sport. Imagine fighters that are on the fringe of stardom, just not quite there, being pushed aside because of the talent when both orgs combine.

The only way I would like it is, Pride continues to run in Japan and then you have something like the NFL, NBA and MLB. Where Pride and the UFC have fights all year long, on New Years you have a real Shockwave. The best Pride Heaveyweight fights the best UFC Heaveyweight, the best Pride LHW fights the best UFC LHW etc. etc. to determine the years best fighter. If the UFC HW lost, he'd be the UFC Champ, just not the WORLD Champ
hippysmacker
3/20/07 6:52:31PM
Agreed, if it were me I would get rid of soccer kick/stomps and add knees on the ground and elbows to both. I think they could get the knees passed, Dana has said he would like to see it. Mark Ratner might be able to get it through. The absence of universal sanctioning body is one of the things that has brought down boxing IMO.
ButterBalls
3/20/07 7:49:41PM

Posted by Manfred

Hate to burst the bubble but:

In an exclusive interview, Pride USA Vice President, Jerry Millen, commented on the speculation that Pride has been bought by the Zuffa organization.

"It's bullshit. You can't beleive what you read on the internet and as a matter of fact I just got off the phone with Japan and unless I'm being lied to Pride has not been sold and is not being sold to anyone, especially to Zuffa. We are in the process of making some ground breaking deals that will be bringing in large sums of revenue to the company and making it stronger than ever."

Gracie Mag




I believe nothing that comes out of Millen's mouth, so this means nothing to me.
Lay_N_Pray
3/20/07 7:52:58PM
If Millen says Pride is not being sold to Zuffa, you can almost be positive that Zuffa is about 95% done with making a deal to purchase the company.
hippysmacker
3/20/07 8:47:31PM
Here's the newest update from Sherdog

PRIDE For Sale? What We Know
Options: Email Article | Printer Friendly

March 20, 2007
by Greg Savage and Josh Gross

After the Sherdog Radio Network broached the subject Monday morning, the mixed martial arts world reacted strongly to rumors of an impending sale of PRIDE FC to Frank and Lorenzo Fertitta for an estimated $65 million.

While the Fertittas, Zuffa and UFC have remained silent, PRIDE USA vice president Jerry Millen offered a strong denial of the sale to graciefighter.com early Tuesday morning.

"You can't beleive [sic] what you read on the Internet and as a matter of fact I just got off the phone with Japan and PRIDE has not been sold and is not being sold to anyone, especially to Zuffa," Millen exclaimed. "We are in the process of making some ground breaking deals that will be bringing in large sums of revenue to the company and making it stronger than ever."

However Sherdog.com's sources continue to suggest the sale is imminent, going so far as to say an announcement could come a week from Tuesday. Various reports attributing Sherdog.com as suggesting an announcement would come this Wednesday are erroneous.

On Monday evening MMAWeekly.com claimed to have confirmed the rumor of Dream Stage Entertainment's sale of PRIDE, yet their report, which cited an anonymous PRIDE executive, stopped short of calling it a done deal.

Gleidson Venga, Sherdog.com's correspondent in Brazil, indicated that during PRIDE CEO Nobuyuki Sakakibara's recent visit to Brazil, the embattled executive made no mention of an impending deal.

Rather, after traveling to the Chute Boxe Academy in Curitiba, he said that former PRIDE 205-pound champion Wanderlei Silva (Pictures) or 2005 Middleweight Grand Prix champion Mauricio Rua (Pictures) would fight on PRIDE's April 8 card in Tokyo. Additionally, Sakakibara praised Brazilian Top Team's Ricardo Arona (Pictures) after visiting the ADCC champion's hometown.

PRIDE USA president Ed Fishman, who today filed papers in a Nevada court against Dream Stage Entertainment for breach of contract, told Sherdog.com Sunday that he'd heard nothing about the sale of PRIDE to the Fertittas, who in 2000 purchased the struggling UFC and in the span if six years turned it into the lynchpin of one of the fastest growing sports in the U.S.

When asked about the rumored price tag, Fishman suggested it was similar to what he offered for control of PRIDE. The casino entrepreneur also expressed that after doing his due diligence, he is no longer interested in purchasing the organization that currently houses Fedor Emelianenko (Pictures).

That is irrelevant if the Fertittas have in fact come to terms with DSE. Yet hurdles will remain in the form of what one Sherdog.com source called sub-standard contracts between fighters currently on PRIDE's roster and the company's Japanese branch.

If DSE sells the company, the source said, certain fighters could immediately become free agents.
roman
3/20/07 11:11:43PM
not legit anymore is it
ButterBalls
3/20/07 11:23:21PM

Posted by roman

not legit anymore is it



says who?
loller90278
3/21/07 12:02:01AM
im starting to not believe it in so much anymore
i call bs!
Trapt1nw0nder
3/21/07 12:14:02AM
if this is some kind of early build up of some kind of sick Sherdog April Fools Joke,i got 2 words for them!!!...." NOT FUNNY"!
roman
3/21/07 12:20:53AM

Posted by butterballs


Posted by roman

not legit anymore is it



says who?


Says the peeps who say it has be sold a hundred times, oh and Pride.
roman
3/21/07 12:23:13AM
And if it does happen....... oh well, I was wrong.
gspfan31
3/21/07 1:21:17AM

Posted by hippysmacker

Here's the newest update from Sherdog

PRIDE For Sale? What We Know
Options: Email Article | Printer Friendly

March 20, 2007
by Greg Savage and Josh Gross

After the Sherdog Radio Network broached the subject Monday morning, the mixed martial arts world reacted strongly to rumors of an impending sale of PRIDE FC to Frank and Lorenzo Fertitta for an estimated $65 million.

While the Fertittas, Zuffa and UFC have remained silent, PRIDE USA vice president Jerry Millen offered a strong denial of the sale to graciefighter.com early Tuesday morning.

"You can't beleive [sic] what you read on the Internet and as a matter of fact I just got off the phone with Japan and PRIDE has not been sold and is not being sold to anyone, especially to Zuffa," Millen exclaimed. "We are in the process of making some ground breaking deals that will be bringing in large sums of revenue to the company and making it stronger than ever."

However Sherdog.com's sources continue to suggest the sale is imminent, going so far as to say an announcement could come a week from Tuesday. Various reports attributing Sherdog.com as suggesting an announcement would come this Wednesday are erroneous.

On Monday evening MMAWeekly.com claimed to have confirmed the rumor of Dream Stage Entertainment's sale of PRIDE, yet their report, which cited an anonymous PRIDE executive, stopped short of calling it a done deal.

Gleidson Venga, Sherdog.com's correspondent in Brazil, indicated that during PRIDE CEO Nobuyuki Sakakibara's recent visit to Brazil, the embattled executive made no mention of an impending deal.

Rather, after traveling to the Chute Boxe Academy in Curitiba, he said that former PRIDE 205-pound champion Wanderlei Silva (Pictures) or 2005 Middleweight Grand Prix champion Mauricio Rua (Pictures) would fight on PRIDE's April 8 card in Tokyo. Additionally, Sakakibara praised Brazilian Top Team's Ricardo Arona (Pictures) after visiting the ADCC champion's hometown.

PRIDE USA president Ed Fishman, who today filed papers in a Nevada court against Dream Stage Entertainment for breach of contract, told Sherdog.com Sunday that he'd heard nothing about the sale of PRIDE to the Fertittas, who in 2000 purchased the struggling UFC and in the span if six years turned it into the lynchpin of one of the fastest growing sports in the U.S.

When asked about the rumored price tag, Fishman suggested it was similar to what he offered for control of PRIDE. The casino entrepreneur also expressed that after doing his due diligence, he is no longer interested in purchasing the organization that currently houses Fedor Emelianenko (Pictures).

That is irrelevant if the Fertittas have in fact come to terms with DSE. Yet hurdles will remain in the form of what one Sherdog.com source called sub-standard contracts between fighters currently on PRIDE's roster and the company's Japanese branch.

If DSE sells the company, the source said, certain fighters could immediately become free agents.




sherdog has since pulled this article, don't know what it means?
Marshall_1
3/21/07 1:31:34AM
hmm I wonder why they replaced it with Fishman's lawsuit?
Manfred
3/21/07 1:34:33AM
It's just moved down, there's the full article:

Link
madmarck
3/21/07 7:41:03AM

Posted by Mayo

JUST REMEMBER... THAT @#$%#! JERRY MILLEN ALSO SAID HE FIRED BAS RUTTEN WHICH WAS BULL$HIT TOO!

Pride doesn't have any reason to keep Millen in the loop on this one. They know he's a prick and wouldn't need to consult with him on a decision if they wanted to sell.

It can still happen. Even though a Wednesday official announcement is now a rumour, let's just wait till tomorrow and see if there's any announcement from anybody other than F#$% Millen!



Remember. It is the Ferrita brothers that are said to have bought Pride. Not the UFC. So Dana white could hvae been kept out of the loop too.
Do you think the owners of a company have to answer to their employees??? Hell no. Who knows maybe Millen is being lied to or mabye he is right.. i kinda think the positives outweight the negatives now for UFC and Pride combining.
Mayo
3/21/07 11:07:16AM

Posted by hippysmacker
However Sherdog.com's sources continue to suggest the sale is imminent, going so far as to say an announcement could come a week from Tuesday. Various reports attributing Sherdog.com as suggesting an announcement would come this Wednesday are erroneous.

On Monday evening MMAWeekly.com claimed to have confirmed the rumor of Dream Stage Entertainment's sale of PRIDE, yet their report, which cited an anonymous PRIDE executive, stopped short of calling it a done deal.



This still sounds promising. As the article says, let's wait till next week and hope for an announcement. As somebody on this forum stated... business deals don't happen overnight. It is my hunch that there is currently a verbal contract, and now the details have to be worked out which could take months. The Fertita's have no incentive to officially tell the world about any of their business dealings before they are complete.
Let's wait and see.
ButterBalls
3/21/07 11:12:22AM

Posted by roman


Posted by butterballs


Posted by roman

not legit anymore is it



says who?


Says the peeps who say it has be sold a hundred times, oh and Pride.



last time I checked, Sherdog trolls have said this a hundred times, not the people to run the site and MMAweekly.
madmarck
3/21/07 3:14:10PM

Posted by Mayo


Posted by hippysmacker
However Sherdog.com's sources continue to suggest the sale is imminent, going so far as to say an announcement could come a week from Tuesday. Various reports attributing Sherdog.com as suggesting an announcement would come this Wednesday are erroneous.

On Monday evening MMAWeekly.com claimed to have confirmed the rumor of Dream Stage Entertainment's sale of PRIDE, yet their report, which cited an anonymous PRIDE executive, stopped short of calling it a done deal.



This still sounds promising. As the article says, let's wait till next week and hope for an announcement. As somebody on this forum stated... business deals don't happen overnight. It is my hunch that there is currently a verbal contract, and now the details have to be worked out which could take months. The Fertita's have no incentive to officially tell the world about any of their business dealings before they are complete.
Let's wait and see.



Yeah if the deal fell through then everyone would talk about its failure for sure.
So having it under raps is good b/c then if it fails no one could be sure what went on.
I hope this is confirmed soon. The suspense makes me wanna fight someone. look out Co-workers. Right Hook comin at someone!
Mayo
3/23/07 1:40:13PM
Well I'd say we can update the title of this post to "99% Legit"
Link to article

PRIDE CEO Nobuyuki Sakakibara informed staff that he was stepping down as part of an agreement to sell the company to Lorenzo and Frank Fertitta.

Sakakibara suggested only minor points separate the deal from reaching its conclusion. No contract has been signed (yet).

Sakakibara told his staff that the company would remain intact and autonomous from the UFC, but that hurdles no longer remain between UFC versus PRIDE cards.



That's great... they will keep UFC and Pride separate, but allow inter-organizational fights
ryderstrong69
3/24/07 9:12:38AM
this is old news your not breaking anyhting new
Pages: 1 [2]
Related Topics