UFC continues push for sanctioning in New YorkPosted on January 13, 2011, 07:41 PM by Joey Santosus
At today's press conference held at New York City's Madison Square Garden, UFC President Dana White, alongside co-owner Lorenzo Fertitta, voiced their intentions to continue the push for the legalization of mixed martial arts in the state of New York.
The UFC brass expressed hope in promoting an event in the Empire State as soon as late 2011, promising no less than two events within the first year of the sport's sanctioning.
"I honestly think it's happening," said Dana White. "Look who's represented today. All the people we talk to, from politicians to Madison Square Garden and the list goes on and on. Was New York tougher than every other place? Absolutely. But I feel like we're right there. We've done a great job. Ten years of nothing but success and safety and continuing to grow the sport. I think we're right there in New York. We're ready to grow the sport and make it happen."
Armed with more than just good intentions, the UFC also presented a financial impact study prepared by HR&A Advisors, a New York based consulting agency, that illustrated the economic activity that the sanctioning of MMA in the state would generate in the first year. What they found was an estimate of $23 million, a number that company spokesman Jamie Springer described as conservative.
The agency foresees New York hosting as many as 70 MMA events annually, with approximately $16 million of the newly generated revenue coming from one UFC event at Madison Square Garden and a second at Buffalo's HSBC Arena. Between the two events, the cities would see an estimated $1.4 million in visitor spending and various new jobs would be created by the sanctioning of non-UFC events. The study can be seen in its entirety at MMAFacts.com/econstudy.