NEW YORK, New York – A study released showed that Ultimate Fighting Championship events in New York City and Buffalo would have a significant impact on state and local economies by generating tax revenues, creating jobs and boosting tourism industries.

“Our events have brought millions of dollars in tax and tourist revenue to nearly every city we have held an event in,” said UFC president Dana White. “We are constantly breaking arena records for concession sales, merchandise and ticket sales. We’re thrilled about the prospect of bringing our sport to New York and hope that legislators will recognize the tremendous economic opportunity it represents.”

Professional mixed martial arts is one of the highest grossing arena sports in the country, drawing sellout crowds and bringing in millions of dollars in ticket and concession sales. One of the fastest growing sports in America, MMA is regulated in 36 states, including New Jersey, Pennsylvania, California and Florida. Legislators in Albany will consider regulating the sport in New York State when the legislative session begins in January.

“The Buffalo Niagara Convention & Visitors Bureau is very excited about bringing MMA and the UFC to New York State and the City of Buffalo,” said Richard Geiger, President/CEO of the Buffalo Niagara Convention & Visitors Bureau. “Each individual event represents thousands of visitors and millions of dollars in economic impact for the city. Hosting world-class events of this magnitude are an important part of showcasing our region while generating dollars for local businesses.”

KEY FINDINGS
New York City
•  The study found that a UFC event in New York City would generate $11.5 million in net new economic activity: $5.3 million in direct event spending, $1.4 million in non-lodging visitor spending and $4.9 million in indirect/induced benefits.
• The study also found that significant demand exists within the local New York City area for UFC events. Of the 134 UFC events held nationwide from November 1993 to January 2009, only 12 have been within New York regional area.

 Buffalo
• The study found that a UFC event in Buffalo would generate $1.7 million in direct event spending, $1.4 million in visitor spending, $2.1 million in indirect/induced benefits.

— UFC PR