Professional Fighters League Throws Punches at Competitors, Offers $1 Million Purse
*By Tracey Cheek*
There's a new mixed-martial arts league on the block.
The Professional Fighters League ー or PFL ー is wrapping up its inaugural season with a championship match on New Year's Eve.
According to Peter Murrary, the CEO of the league, the match's purse, $1 million, is a major draw for athletes ー money talks, and can mark achievement.
“There have only been under 10 athletes in the history of MMA that have earned that much money as a payout in a single fight," Murray told Cheddar. “That is our way to advance the sport, to recognize these athletes, and give an opportunity on a major stage.”
The PFL had achieved some noteworthy goals during its first season. The league recently partnered with fantasy and sports book platform DraftKings for a pick-em’-game, in which fans can choose who they think will win each fight ー and how and when the fight will end. Murray said a sports betting partnership helps PFL “game-ify” the experience.
“Fans can actually pick their favorite fighters, different outcomes, compete against one another, and also earn a payout,” he said.
“So, we’ll pay $25,000 in total to winning fans, and not only do they get a great experience watching at home or at the theater they can actually earn some money ーand maybe even some bragging rights.”
The PFL championship will be held at the Hulu Theatre at Madison Square Garden on New Year’s Eve.
For full interview [click here](https://cheddar.com/videos/professional-fighters-league-holding-new-years-eve-showdown).
As millions of Americans are set to retire, John Carter, President & COO of Nationwide Financial, shares what to expect and how consumers of all ages can better prepare for their golden years.
The heated hearing began with recorded testimony from kids and parents talking about being exploited on social media. Throughout the hours-long event, parents who lost children to suicide silently held up pictures of their dead kids.
Adtalem CEO Steve Beard addresses a report from Safkhet Capital taking the short position on the for-profit education giant, plus why he believes there should be financial recourse for student loan borrowers misled by their institutions.
CEO of Americares Christine Squires shares how the organization is helping provide medical assistance in a time of increasing instability, war, and climate-related disaster.
Doug Clinton, Deepwater Asset Management managing partner, shares tips for investors looking to take advantage of the massive boom in artificial intelligence beyond Microsoft and Nvidia.
Jason Moser, analyst and adviser at the Motley Fool, shares thoughts on recent tech earnings, including what’s behind Google’s share price drop and why A.I. could be Microsoft’s ‘iPhone moment.’
CEOs of social media platforms like Facebook, TikTok, and more meet with lawmakers Wednesday about how they are protecting children from sexual exploitation.
