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MMA: Professional Fighters League Raises $28 Million in funding

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Jay Rockhttp://mmaindia.com
MMA, Boxing, NBA, Cricket, Betting
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The Professional Fighters League, a Washington DC-based mixed martial arts league, raised $28m in Series B funding. The funding is backed by a group of high-profile investors and well known public figures including Washington Capitals and Wizards owner Ted Leonsis, Riot Games co-founder Brandon Beck, actor Kevin Hart, reality TV producer and MGM Television chief Mark Burnett, Tony Robbins.

Mark Burnett is also an adviser to the league. Additional investors in this PFL Series B round include: Elysian Park Ventures; SWaN Ventures; Debra Cafaro, Chairman/CEO, Ventas Inc. and Minority Owner of the Pittsburgh Penguins (NHL); Mark Leschly, Managing Partner, Iconica Ventures; and Brandon Beck, co-founder of Riot Games and co-creator of League of Legends.

MMA: Professional Fighters League Raises $28 Million in funding - Burnett

PFL 2018 Season has 72 Elite MMA fighters in 6 weight-classes. Each fighter competes in two fights in the PFL Regular Season on Thursday nights in June, July, and August.

The top 8 fighters in each weight class advance to the league elimination PFL Playoffs in October.

The PFL at present has a one-year deal with NBC Sports Network for carriage of its fights.

The PFL Regular Season concludes with its final two events – PFL6 Thursday, August 16 and PFL7 Thursday, August 30 – at the magnificent Ocean Resort and Casino in Atlantic City.

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