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That was basically what Mark Cuban was going to do the HDNET FIGHTS back in like 2007ish. Held two events and decided that it was cheaper and better way to make money by getting the media rights to establish orgs(ie: Dream, MFC, K-1, etc) to show on his HDNET channel. He had a media outlet for the his org, arena, production company, billions, and his name alone will open any door in the business world. Plus this was at a time you could argue a true competitor could have emerged and rained on the UFC's parade to some level that actually matters. Cuban could've easily bought out PRIDE to bolster his roster. Pick up the scraps of Bodog. Maybe worked with buying out WEC in 2006. Might even combined or bought out Strikeforce even. Really make you wonder what could've of been if Cuban went all in at that time.
Today, easily 10 times harder to do anything in the MMA world that matters on a large scale.
The market is bigger now than before though and there is more infrastructure as well as it is better regulated and fully legal (both domestically and more or less internationally with France recently joining in). Demand for content is larger as well. I think it would be easier to make an MMA org now than before as the UFC has laid out much of the groundwork. Most 2nd competitors arrive long after the first big competitor cleared the way.
Of course it would still have the problem is that MMA companies do not make money, Bellator included. So there is no reason why anyone would drop a billion dollars to do that.
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