Matchday MON 19 OCT

UFC

The high stakes of heavyweight dominance at Madison Square Garden

UFC 309 at Madison Square Garden drew 20,200 fans and generated a $16,673,954 gate following Jon Jones's third-round TKO victory over Stipe Miocic. The event's revenue surpassed the $12.4 million gate from UFC 295.

The high stakes of heavyweight dominance at Madison Square Garden

The UFC 309 event at Madison Square Garden drew 20,200 fans and produced a total gate of $16,673,954. Jon Jones (27-1-1) defeated Stipe Miocic (20-4) via a third-round TKO involving a spinning back kick and punches. This victory marked Jones’s first heavyweight title defense following his first-round submission win over Ciryl Gane at UFC 285. In the co-main event, Charles Oliveira (34-10-1) beat Michael Chandler (23-8) through a unanimous decision. This rematch follows their May 2021 encounter at UFC 262 in Houston, where Oliveira won by TKO. Oliveira remains ranked number two in the lightweight division, while Chandler holds the number seven spot. This Madison Square Garden gate exceeds the $12.4 million gate from UFC 295, though it stays lower than the $17.7 million gate from UFC 205. I consider the Jones victory more significant than the gate numbers. The event at Madison Square Garden drew 20,200 fans and produced a total gate of $16,673,954, a figure that ranks among the highest-grossing UFC events held at the venue in its history. On the main card, Bo Nickal beat Paul Craig via unanimous decision in a middleweight bout. Mauricio Ruffy also secured a unanimous decision victory over James Llontop in a 166.2 pound catchweight fight.

Miocic’s career metrics and net worth

Stipe Miocic holds an estimated net worth of $4 million. He netted over $8 million in purses throughout his career, including a $1,190,000 payout for his third fight against Daniel Cormier. The 42-year-old fighter holds the record for the most consecutive heavyweight title defenses with three. After his loss to Francis Ngannou in 2021, Miocic spent time away from the octagon. He worked as a firefighter and paramedic in Ohio for many years. He transitioned to full-time firefighting in 2022 after his retirement from the UFC. You should know that his boxing skills earned him nine performance bonuses. I think his ability to maintain a career in Ohio while fighting at the highest level shows real discipline. He previously wrestled at the Division 1 level at Cleveland State and played D2 baseball at Coker College with a .344 batting average. His MMA career began in NAAFS where he won the Heavyweight Championship. He also held a 4-1 record in Golden Gloves boxing. In his fight against Daniel Cormier at UFC 241, he earned $750,000 for a fourth-round stoppage win. He previously beat Junior Dos Santos and Fabricio Werdum to secure titles and earned $500,000 for his win over Cormier at UFC 241.

ESPN+ subscription and pricing models

ESPN+ handles the pay-per-view streaming for these events. For UFC 260, current yearly subscribers paid $69.99. Monthly subscribers could buy an upgraded bundle for $84.99 or the event alone for $69.99. New subscribers received a bundle with a yearly subscription for $89.98.

Event Subscriber Price Bundle Price
UFC 260 $69.99 $84.99
UFC 252 $64.99 $84.99

The UFC 252 event offered subscribers a $64.99 rate. This event also allowed a bundle with an annual ESPN+ subscription for $84.99. For UFC 260, viewers watched early prelims on UFC Fight Pass and ESPN+, while the main card required an ESPN+ subscription. I find the $84.99 bundle price for monthly subscribers to be a poor value compared to the yearly option. The pricing for UFC 252 also provided a 25 percent savings for new subscribers who bundled the event with an annual subscription. This UFC 252 main card appeared on ESPN, ESPN Deportes, and ESPN+. I wonder if these bundle discounts will change as the UFC continues its relationship with ESPN. The UFC 252 event also featured John Dodson fighting Merab Dvalishvili, and the main card started at 10 p.m. ET.

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