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Tito Ortiz plans to launch own fight promotion

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grappler0000

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Tito Ortiz, a former UFC light heavyweight champion who's likely concluded his service to the organization, expects to launch his own fight promotion and co-promote shows with some of the sport's already established organizations.

Ortiz, who's currently promoting his new autobiography "This is Gonna Hurt," briefly mentioned his plans while a guest on today's Howard Stern Show.

Ortiz, who fulfilled the terms of his UFC contract after suffering a unanimous-decision loss to Lyoto Machida at UFC 84, also criticized the UFC's pay scale and took a swipe at his recent opponent during the interview.

When asked about the UFC, Ortiz said he was "moving to a bigger and better company." When asked which one, he said he plans to launch his own.

"I'll be doing my own promotions and I'll possibly be co-promoting with some other companies already in the business," he said.

However, when asked about fighting on CBS (which has a deal with EliteXC), the 33-year-old said it was "possible."

Ortiz, who made $210,000 in his latest fight (according to the Nevada State Athletic Commission and Ortiz himself), estimated that UFC fighters are making only "about three percent" of the UFC's per-event take "if they're lucky." He said that prompted his decision to get in the fight-promotion business.

As for his latest fight, Ortiz said the UFC knowingly scheduled an opponent that would "run away from me for three rounds."

"There were a few times when I was like, 'Come on, man. Don't puss out. Let's fight,'" Ortiz said.

Bobblehead

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Post #1   6/3/08 4:58:16PM   

Gipper

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saw this coming. good for tito.

Post #2   6/3/08 5:29:57PM   

teddythetuna

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All Tito had to do was go after Machida and not let up. He could have tried a little harder IMO to take him down but couldnt do anything with Machida. Its his own fault for not going after Machida. Oh and cause Machida RULES A**HOLES. Dont call the man who just owned you a pussy. Good for him on the fight promotion though

Post #3   6/3/08 6:08:33PM   

Mchubb316

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It will be interesting to see how this plays out. Tito is a pretty smart business man, and seems to have made a friend in Donald Trump. I don't think financial backing will be a problem. Getting fighters to fight for his promotion might be more of a challenge though.

Post #4   6/3/08 6:11:48PM   

wrona666

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What a joke....Tito is such a crybaby.....Maybe Tito should have had a better game plan to fight Machidas unorthodox style instead of always blaming other people for his losses......

Post #5   6/3/08 6:47:39PM   

thesteven5918

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Machida is a bitch for backing against tito... he should have brought it to tito and put a show on for the fans u can still fight smart and do something...... but backing away is not doing something..... tito pressured now HE die something..... Tito won that fight as far as the promotion hes a business man so he gots this but u got to be expecting a few of his first shows to be headlined none other than himself.............

Post #6   6/3/08 7:11:40PM   

roman

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What he says about Lyoto is wrong, rematch him and see what will happen. I also gurantee Henderson would have taken it to him, but in a true beat down fashion. So thank the UFC they matched you up against one of their up and coming fighters.

Post #7   6/3/08 7:14:22PM   

emfleek

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I'm anxious to see how much money Tito pays his fighters.

This should be good...and probably won't last.

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Post #8   6/3/08 8:59:11PM   

lordicast

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Posted by thesteven5918

Machida is a bitch for backing against tito... he should have brought it to tito and put a show on for the fans u can still fight smart and do something...... but backing away is not doing something..... tito pressured now HE die something..... Tito won that fight as far as the promotion hes a business man so he gots this but u got to be expecting a few of his first shows to be headlined none other than himself.............



Its called fighting smart, somthing your boy tito never does...

Post #9   6/3/08 10:44:10PM   

Sir_Karl

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Ortiz said the UFC knowingly scheduled an opponent that would "run away from me for three rounds."


I like Tito a lot and at one time he was my favorite fighter but sometimes he should stop talking.
He has more BS than a farm.
Once again Dana White is right....everyone thinks they can do it better themselves.
Good luck Tweeto.

Post #10   6/3/08 10:48:05PM