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[roaddawg]

You didn't answer his question. To paraphrase he asked, "Was Strikeforce already a sinking ship before being purchased by Zuffa.".

My question:
If the answer from above is no then why did Strikeforce allow themselves to get bought out?

[Sniggles]

Originally Posted by roaddawg

You didn't answer his question. To paraphrase he asked, "Was Strikeforce already a sinking ship before being purchased by Zuffa.".

My question:
If the answer from above is no then why did Strikeforce allow themselves to get bought out?

ROI

[rivethead]

Originally Posted by roaddawg

You didn't answer his question. To paraphrase he asked, "Was Strikeforce already a sinking ship before being purchased by Zuffa."

Actually, his question was the awkwardly phrased "Didnt anyone honestly believe SF was doing good pre-Zuffa? which I translated to "did anyone think SF was doing good before Zuffa bought them." I answered it. Yes, they were doing good. Like the UFC, they had problems and like the UFC, they weren't close to living up to their fullest potential, but they were far better than a "good" org.

Your paraphrase is loaded, and no, I don't think they were sinking when zuffa bought them. I think there were leaks, that were deliberately allowed to get worse and worse, and new holes were drilled.

My question:
If the answer from above is no then why did Strikeforce allow themselves to get bought out?

I don't think this can be answered with any authority by anyone who wasn't in on the sale, but I'd guess it's because the shareholders wanted immediate gratification and as sniggles indicated, a return on the investment. Zuffa had been making them fight for every dollar, and suddenly, there is retirement-worthy money available.

rh

[lwbrewer]

To add my thoughts the extra holes they drilled was a attempt to get show time out of the picture, and when they weren't gone they already took on a lot of water. Zuffa may still be able to keep SF if show time throws in it's cards, but thats the big IF.

[Spoon]

Originally Posted by roaddawg

You didn't answer his question. To paraphrase he asked, "Was Strikeforce already a sinking ship before being purchased by Zuffa.".

My question:
If the answer from above is no then why did Strikeforce allow themselves to get bought out?

Strikeforce Backer Wanted to Get Back to Hockey, Zuffa Seized The Opportunity | MMAWeekly.com

"SVSE have been great partners, I think they wanted to get back to their hockey business and expansion of sports business, which is their core business."

Audio from interview here:
UFC-Strikeforce Conference Call Audio with Dana White and Lorenzo Fertitta | MMAWeekly.com


They "allowed" themselves to be bought out, because Silicon Valley Sports [& Entertainment] wanted out, and Coker didn't have the financial backing quick enough to keep the company himself. Whether that was all because Strikeforce was losing money, or whether SVS just lost interest in promoting MMA, I doubt anyone will actually find out for sure. But it likely wasn't them losing money, if this is to be believed:

Strikeforce makes millions on mixed martial arts - Silicon Valley / San Jose Business Journal

Strikeforce, 50 percent owned by San Jose Sharks owner Silicon Valley Sports & Entertainment, is on pace to post up to $30 million in revenue in the fiscal year ending this June, said CEO and co-owner Scott Coker. That compares to about $4 million in 2006, the first year it began holding mixed martial arts fights.