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UFC 92 Crowd Almost 1/3 Freebies

MMA Junkie has a disconcerting, but not surprising report about the live attendance at UFC 92:

of the 14,166 attendees, a total 4,465 – nearly a third of the overall crowd – were issued complimentary tickets, according to an email today sent to MMAjunkie.com (www.mmajunkie.com) by Nevada State Athletic Commission Executive Director Keith Kizer.

Only 9,701 were paid attendees.

However, despite a lower-than-usual percentage of paid attendees, UFC 92 still garnered a live gate of $3,468,440 – just two days after Christmas. It was the fifth-highest gate total among the 12 events that have been held at the MGM Grand Garden Arena in the UFC's 15-year history.

It's not news that the economy is terrible, especially in Las Vegas. It's also not news that Zuffa triple-dipped Vegas with UFC 91, 92 and 94 back-to-back-to-back in their home town.

Nevertheless, it's a clear indicator that current conditions are very different from the high-water mark of Las Vegas shows at the end of 2006 but Zuffa is still making good money even in hard times.

 

0 recs  |  Comment 19 comments |

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That's a big number

but the bright side is they still pulled such a great number at the gate. It also means that if they sell a couple thousand more tickets (ie, if the Bush economy doesn’t fucking implode two months before the event), it’s the biggest event in Vegas ever.

Not too shabby.

by subo on Dec 31, 2008 7:38 PM EST reply actions   0 recs

Maybe not ever

I confused my events there. But for the MGM – which isn’t exactly where those who have money to burn no matter what the economy’s doing decide to stay (see Bellagio, Wynn, etc) – I’d like to see how close they came to placing a little higher than 5 out of 12.

by subo on Dec 31, 2008 7:39 PM EST up reply actions   0 recs

It’s also not news that Zuffa triple-dipped Vegas with UFC 91, 92 and 93 back-to-back-to-back in their home town.

93 is in Dublin. 94 is back in Vegas.

Did you know we are in high demand, Laura?

by Eugene Schelfaut on Dec 31, 2008 7:42 PM EST reply actions   0 recs

thanks for catching that! I forgot about 93 in Dublin being this month. Looking forward to Henderson vs Franklin.

by Kid Nate on Dec 31, 2008 7:55 PM EST up reply actions   0 recs

No worries.

Did you know we are in high demand, Laura?

by Eugene Schelfaut on Dec 31, 2008 7:57 PM EST up reply actions   0 recs

I was talking to a buddy of mine that said 93 didn’t look to good. I looked at him like he was crazy. Henderson/Franklin should be a war!!!

by steveoc24 on Dec 31, 2008 9:06 PM EST up reply actions   0 recs

actually he has a point. There isnt much to get excited about aside from the main event..

The shogun/coleman fight is okay, the litle/davis fight could maybe bring fireworks, and kang is fighting, but the only thing im reallyyy interested in seeing is Franklin and Hendo.. Plus, with it being sandwiched between 92, and 94, i think people would just skip this, wait a few days and pay for GSP PENN instead.

http://weoweoweo.deviantart.com/

by Anton Tabuena on Jan 1, 2009 4:31 AM EST up reply actions   0 recs

good thing, ill be back home by then. we have free ufc there, so id still be excited about it regardless…. people tend to get more disappointed if they pay big money for so-so cards.. haha.

http://weoweoweo.deviantart.com/

by Anton Tabuena on Jan 1, 2009 4:34 AM EST up reply actions   0 recs

Man I’m loooking more forward to Shogun and Coleman!

by RyanHobbs on Dec 31, 2008 10:17 PM EST up reply actions   0 recs

The bottom line is they triple dipped in Vegas and needed to do this to pack the venue. Still a very good overall number, and they’ll do over 4m for 94.

Also worth noting that included in that number is something like 2500 in casino buys, which are only complimentary in a roundabout way. Casinos pay, and then give them to their high rollers.

by Michael Rome on Dec 31, 2008 7:43 PM EST reply actions   0 recs

What percentage of the list price do casinos pay for the ticket?

Did you know we are in high demand, Laura?

by Eugene Schelfaut on Dec 31, 2008 7:54 PM EST up reply actions   0 recs

That I’m not sure, but obviously not the full amount.

by Michael Rome on Dec 31, 2008 7:58 PM EST up reply actions   0 recs

Also worth considering when you talk about gates is the cost of doing a show out of Vegas for the UFC. All of their crew and employees are out of Vegas, when they do a show in Columbus or somewhere else they end up flying out and putting up in hotels upwards of 100 people for multiple nights, dealing with meals for all of them, excess crew costs, additional local advertising costs, and generally more flight costs because a lot of fighters are out of vegas. I’ve heard an estimate of the cost of doing a show outside vegas at 300-500k more than doing it in Vegas. Add the ease of doing it there, and the fact that besides Montreal almost no other city can do a 3.5 million gate, and the Las Vegas choice starts making sense.

by Michael Rome on Dec 31, 2008 8:01 PM EST reply actions   0 recs

I don’t know about other people but Christmas broke my bank. I went to a crappy bar with no cover to watch this one rather than buy it like I usually do.

by EazyEismydad on Dec 31, 2008 8:17 PM EST reply actions   0 recs

im with you man….

by mistake4 on Dec 31, 2008 9:59 PM EST up reply actions   0 recs

Doesnt' Mean Much

I know the economy is going through tough times. I also understand that the UFC tripling up on events in Vegas looks like it would contribute to the “necessity” of giving away tickets but that’s not the case.

The reality is that at the end of the year it’s time to set the table, or square up, with future/current sponsors and PPV/marketing partners. There is no doubt that the UFC could have sold all these tickets but the requests from the satellite/cable companies and/or sponsors, at this time of the year, is huge. This doesn’t include requests from casinos/hotels. The UFC has to comply with most requests if they wish to stay in the good graces of these entities.

Most mid-to-executive level management personnel at these companies feel “entitled” to a free vacation during the holidays and what better provider than the UFC. A huge fight during the Holidays in Vegas? Forget about it.

What’s my basis for this opinion? I’ve been on the receiving end of these comps 3 times in the last year. Having been in marketing for my entire professional career, I know how these companies operate. The UFC complies hoping that the Comcasts, Time Warners, etc. don’t slow pay with PPC revenue.

by SizeDoesMatter on Dec 31, 2008 9:59 PM EST reply actions   1 recs

The UFC complies hoping that the Comcasts, Time Warners, etc. don’t slow pay with PPC revenue.

can you elaborate what that means?

by Benicio on Jan 1, 2009 6:49 PM EST up reply actions   0 recs

I read what you are saying but don’t think this is the case.

The UFC didn’t give away the tickets, the casinos purchased the remainder of the tickets than gave them away to their guests. The noteworthy point of the story is the UFC had 4500 tickets (nearly 1/3) unsold for their biggest show of the year. It’s also the 2nd PPV Vegas show in a row they have had a significant amount of tickets go unsold to be purchased by casinos.

Just keep this in mind as a barometer for the rest of the industry.

by bignerd on Jan 1, 2009 10:27 PM EST up reply actions   0 recs

the real question...

how the hell do you get FREE tickets to the biggest card of the year?!!!!! Seriously, what list do I have to get on to get free tickets next time?

At USC we're not snobs, we're just better than you.

by TrojanCBB on Jan 2, 2009 1:58 AM EST reply actions   0 recs

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