Many people can criticize the sport of Mixed Martial Arts, but one thing that cannot be criticized is the continuing rise in business savvy of the UFC. Friday was a great example of how far the “NFL of MMA” has come. In their usual fashion, the UFC announced well, probably way too far in advance, that they had a “big announcement and press conference set for this past Friday. The hype machine had the much anticipated Fedor Emalianenko vs. Brock Lesnar fight finally signed, a heavyweight battle which would lift MMA more into the mainstream with big fight buildup worthy of two crossover athletes, one American, one Russian. However the day came and went, and the press conference went off with its own news, news that was not the hyped up and teased announcement the sport had hoped for. Instead, White announced the return of former UFC star to the organization, and talked very candidly and at length about the problems as to why the Fedor-Lesnar fight did not happen. White talked at length about the issue's with Fedor's management team and the large purse and concessions being demanded, and sent a strong message not just to those in the MMA business, but those watching the MMA business, especially the UFC business, who are interested but not yet involved. The message was that the UFC has the business savvy to know what a good deal for all involved, especially financially for the UFC, is, and that with their current success the cost/benefit of going over that at this time does not make good business sense. It is a departure from the free wheeling spending in exchange for buzz that has slowed MMA's potential outside the UFC, and even more interesting is it seems to avoid the pratfalls of overspending, alphabet soup and mismanagement that has severely hurt boxing in recent years. It also was a great move by the UFC to take the stage and turn the messaging squarely against the Fedor Management team, especially for the casual observer. Does it mean that the UFC will not get its dream matchup at some poin. No. It does mean that the UFC knows its business, its negotiation tactics that work and its audience and by being the only player in professional MMA they have sent a clear message that they can dictate the correct business terms for success, which if you are a brand or a media partner looking to invest, maybe you are now closer to working with them. Well positioned, well thought out, and well timed.
Some other good reads…the New York Times has a great piece on the best baseball catches ever…the Washington Post's Leonard Shapiro has a good review of Vinny Scully's book, co-authored by Curt Smith…the Boston Globe's Dan Shaughnessy has a fun piece on the view unto the Pats practice field from the new adjoining hotel…and Darren Rovell had a great post Friday on the top ten trends in sports…ping pong anyon.
