{"id":351863,"date":"2020-05-31T07:32:18","date_gmt":"2020-05-31T14:32:18","guid":{"rendered":"http:\/\/staging.tcpcharms.com\/bjpenn\/?p=351863"},"modified":"2020-05-31T07:32:18","modified_gmt":"2020-05-31T14:32:18","slug":"dana-white-claims-the-ufc-will-lose-100-million-this-year","status":"publish","type":"post","link":"https:\/\/staging.tcpcharms.com\/bjpenn\/mma-news\/ufc\/dana-white-claims-the-ufc-will-lose-100-million-this-year\/","title":{"rendered":"Dana White claims the UFC will lose $100 million this year"},"content":{"rendered":"<p>UFC president Dana White claimed that the world&#8217;s leading mixed martial arts promotion will lose $100 million this year due to not having a live gate.<\/p>\n<p>The coronavirus pandemic has ravaged businesses all over the world, and the sports world is no different. The NBA, MLB, and NHL are all currently on hiatus, while the UFC only recently returned to action, albeit with no crowd in attendance. Although the UFC is still pulling in money from its TV deal with ESPN, not having a live gate is apparently costing the organization millions of dollars in lost revenue each event they put on.<\/p>\n<p>White recently spoke to the media in Las Vegas prior to UFC Fight Night: Woodley vs. Burns, where he said the UFC is being hit hard by not having fans in attendance. <a href=\"http:\/\/staging.tcpcharms.com\/bjpenn\/mma-news\/ufc\/dana-white-not-expecting-ufc-to-have-live-crowds-for-a-very-long-time\/\">White previously admitted that he doesn&#8217;t see the UFC having fans in attendance for a long time<\/a>.<\/p>\n<p>\u201cThe big problem for all sports right now, me, them, is the gate. We\u2019ll lose over $100 million this year. Over $100 million. It would be much easier for me to sit back and say, \u2018Let\u2019s wait this thing out.\u2019 Waiting this thing out is a good option for a lot of people right now because there\u2019s no gate,&#8221; White said (via <a href=\"https:\/\/www.mmafighting.com\/2020\/5\/31\/21275911\/ufc-on-espn-9-post-fight-press-conference-video\" target=\"_blank\" rel=\"noopener noreferrer\">Bloody Elbow<\/a>).<\/p>\n<p>White explained that the UFC will continue to hold events despite losing money from not having fans in attendance. He bragged that despite industries such as the movie business being hit especially hard right now, the UFC will continue to operate despite being hit hard by the loss of a live gate.<\/p>\n<p>\u201cWhy aren\u2019t they releasing all these movies? They have all these movies in the can right now. They could be pumping these movies out left and right. Because they\u2019re gonna lose possibly hundreds of millions of dollars in releasing these movies without people going and buying tickets in movie theaters. It usually goes to movie theaters, then it goes to some exclusive pay window, and then it gets released everywhere, then on TV. Financially, it\u2019s hard to operate right now with the way that things are going on, but I\u2019m moving forward. I don\u2019t care. I\u2019m gonna push through this,&#8221; White said.<\/p>\n<p>Do you think Dana White and the UFC will have a live gate again in 2020?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>UFC president Dana White claimed that the world&#8217;s leading mixed martial arts promotion will lose $100 million this year due to not having a live gate. The coronavirus pandemic has ravaged businesses all over the world, and the sports world is no different. The NBA, MLB, and NHL are all currently on hiatus, while the [&hellip;]<\/p>\n","protected":false},"author":54477,"featured_media":300560,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[10112,39610],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.7 (Yoast SEO v19.14) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dana White claims the UFC will lose $100 million this year | BJPenn.com<\/title>\n<meta name=\"description\" content=\"UFC president Dana White claimed that the world&#039;s leading mixed martial arts promotion will lose $100 million this year due to not having a live gate.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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