The new arena being built in Las Vegas by MGM and AEG could soon be adorned by some familiar letters.
According to a report from Las Vegas local news station KLAS, the UFC is in talks with MGM and AEG about naming rights for the new 29,000 seat venue, which will play host to next year’s UFC 200 event. Though they haven’t yet decided whether or not to commit millions of dollars over a multi-year naming rights deal, it’s something they’re considering, which would see the venue named the “UFC Center.”
Check out the news clip below:
Penick’s Analysis: If the organization is going to be spending that kind of money on naming their hometown venue, they’re going to need to be increasing fighter pay as well. They’ve pointed to expenses and operational costs as the reason current pay is where it is, but if they were to take on something like this, most would call them out for adding to those expenses unnecessarily rather than to the payroll.