Mma startup Professional Fighters League has received a $28 million equity investment from a group that includes MGM Television chief Mark Burnett, actor-entrepreneur Kevin Hart, and self-help guru Tony Robbins.
The Washington, D.C.-based Professional Fighters League (Pfl) is in its first year of operations. It aims to be a competitor against Ufc amid the growing public interest in Mma bouts. The Pfl aims to bring a March Madness-style competition structure to the Mma world. Other investors in this round of financing include tech titan Ted Leonsis and Riot Games co-founder Brandon Beck.
The Pfl at present has a one-year deal with NBC Sports Network for carriage of its fights. Burnett, the renowned reality TV producers, aims to develop a range of programming around Pfl, starting with a “Challengers Series” that would be an elimination-style competition among aspiring Mma pugilists for the chance to join the league. MGM is also an investor in Pfl.
The Washington, D.C.-based Professional Fighters League (Pfl) is in its first year of operations. It aims to be a competitor against Ufc amid the growing public interest in Mma bouts. The Pfl aims to bring a March Madness-style competition structure to the Mma world. Other investors in this round of financing include tech titan Ted Leonsis and Riot Games co-founder Brandon Beck.
The Pfl at present has a one-year deal with NBC Sports Network for carriage of its fights. Burnett, the renowned reality TV producers, aims to develop a range of programming around Pfl, starting with a “Challengers Series” that would be an elimination-style competition among aspiring Mma pugilists for the chance to join the league. MGM is also an investor in Pfl.
- 8/8/2018
- by Cynthia Littleton
- Variety Film + TV
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