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Home » UFC loses $30m (£22m) staging Freedom 250 event at the White House
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UFC loses $30m (£22m) staging Freedom 250 event at the White House

By britishbulletin.com4 August 20262 Mins Read
UFC loses m (£22m) staging Freedom 250 event at the White House
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In May, reports suggested ‘high-roller’ guests would need to spend $1.5m (£1.1m) for special access, and while UFC sources confirmed to BBC Sport the existence of such packages for the event, they did not confirm how much they cost.

Trump has a long-standing friendship with UFC president Dana White and the event coincided with his 80th birthday.

Andrew Schleimer, chief financial officer of TKO Group, told investors on Monday they incurred significantly higher than normal costs for Freedom 250, which they “partially offset with sold-out global partnerships inventory.”

He added: “Given the event’s profile, which as anticipated, resulted in an approximate $30m loss, our margins at UFC as well as on a consolidated basis were meaningfully impacted.”

Last year, TKO Group signed a $7.7bn (£5.7bn), seven-year contract with Paramount for the US channel to become the new home of UFC starting in 2026, with the White House event shown exclusively on its subscription streaming platform Paramount+.

The event attracted an average of 34 million viewers worldwide, making it one of the most watched mixed martial arts events of all time.

TKO reported UFC’s revenue increased 29% year over year to $535.7m (£398.66m) for the second quarter of this year.

This includes a $64.7m (£48.15m) increase in media rights driven by the TV deal with Paramount.

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