AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Joe Pomp Show
The UFC Is Spending 10x More Than Normal On Its Event At The Las Vegas Sphere, Still Thinks It Can Be Profitable
Sep 14, 2024
In this session, Dana White, the president of the UFC and a key figure in the rise of mixed martial arts, shares insights on the monumental UFC 306 event at the Las Vegas Sphere. He reveals how he navigated his contract with MGM to bring the event to life. Dana discusses the staggering production costs—10 times the usual amount—and the innovative features meant to enhance fan engagement. He also touches on how this venture could redefine profit strategies for live sports in high-tech venues.
08:27
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The UFC's first live event at the Las Vegas Sphere demonstrates its belief in the future of combining sports and entertainment effectively.
- Despite escalating production costs to $20 million, ticket sales suggest potential record-breaking revenue, highlighting innovative financing strategies.
Deep dives
The Significance of UFC 306 at the Las Vegas Sphere
UFC 306 marks a historic moment as the first live sporting event at the Las Vegas Sphere, a venue that cost $3 billion to build. The event was made possible only after a last-minute agreement between the UFC and MGM, which holds an exclusive contract to host UFC events at T-Mobile Arena. A conflict with a scheduled boxing match led UFC President Dana White to negotiate for one night at the Sphere, demonstrating the shifting landscape of live sports venues. The UFC's commitment to this ambitious project reflects its belief in the transformative potential of blending sports and entertainment, making it a significant milestone in the industry.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode