Fertitta Brothers’ UFC Staggered as Injuries Hurt Profit
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Zuffa LLC, which owns the Ultimate Fighting Championship mixed martial arts league, may suffer a 40 percent drop in profit this year because of injuries and canceled bouts.
Standard & Poor’s Ratings Services issued the revised profit outlook and said it may lower Zuffa’s BB-minus corporate debt rating. S&P previously anticipated Zuffa’s earnings before interest, taxes, depreciation and amortization would fall 30 percent this year.