Bloody Elbow · Oct 17, 2018
An in-depth look at ONE Championship’s finances
The mixed martial arts promotion ONE Championship has seen itself in the news this last week with a pair of major developments. The first was the announcement that they closed a $166 million financing round, bringing their total capital base above $250 million (US dollars). This represents a level of investment unheard of in a young MMA promotion. Not even Zuffa was willing to invest that much in the UFC before their success with the Ultimate Fighter. The closest comparison is probably the hundreds of millions Waddell & Reed Financial invested into Premier Boxing Champions.