TKO Group Holdings, the parent company of the Ultimate Fighting Championship, has confirmed that its UFC Freedom 250 event at the White House lost the company roughly $30 million. Chief Financial Officer Andrew Schleimer disclosed the figure, according to MMA Fighting.
Schleimer said the event weighed on margins for both UFC and the wider TKO group because of higher expenses and the absence of ticket sales. He said partnership agreements helped offset part of the cost.
Expected result, TKO says
The company said the financial outcome was expected given the event's special format and elevated production costs. TKO said the show still delivered a significant media boost and created additional opportunities for partnership deals.
Gaethje beats Topuria in main event
UFC Freedom 250 took place in Washington on June 14 and marked the 80th birthday of U.S. President Donald Trump. American fighter Justin Gaethje won the main event, defeating Spain's Ilia Topuria in the final.
