UFC reinforces economic benefits of its events as push for New York MMA legislation heats up again
Props: ESPN.com
Quoteworthy:
“At a time when the New York economy is in crisis, it would be a mistake for the state to miss out on the considerable revenue that our events would generate. We are eager to bring both the excitement of our new sport as well as its major tax and tourist revenue to New York State.”
UFC Vice President for Government and Regulatory Affairs Marc Ratner and president of the company Dana White ratchet up the economic rhetoric and financial success of its mixed martial events. Money talks … and the UFC has the numbers to back it up. According to the article, an independent economic impact study indicates that the promotion would generate about $11.5 million for the “Big Apple.” Mixed martial arts is currently unregulated in New York. It appeared to be on the verge of being sanctioned in 2008, but some eleventh-hour concerns from uneducated members of the Assembly Committee on Tourism, Arts and Sports Development scuttled its passage. It appears that the promotion’s efforts since that time have been fruitful — another session on the matter begins in the state capital tomorrow (January 7). Fingers crossed … Madison Square Garden (MSG) could come soon. UFC 100 in summer time would be ideal.
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