SportsBusinessDaily.com is reporting that the Ultimate Fighting Championship (UFC) organization has signed a blockbuster multi-year deal with FOX broadcasting that will see UFC programming airing on FOX networks (Fox, FX, Fuse) for the next seven or eight years.
According to the report on SBD, the deal is worth as much as $90 million per year and as many as four live UFC events will air on Fox each year, marking the first time UFC will be broadcast on network television.
As part of the deal, most of the weekly programming that UFC has on Versus and Spike TV will move to FX starting in January. That includes UFC’s live Fight Night cards as well as the company’s hit reality series “The Ultimate Fighter.”
UFC had reportedly been negotiating with NBC/Comcast for several months, but those talks recently broke down. As for what this means to the pro wrestling business, this now makes TNA Wrestling the most valuable brand on Spike TV.