*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).

Share:
More In Business
Stretching Your Dollar: How to Negotiate Medical Bills
With high healthcare costs, bills can quickly add up. In some cases, it is possible to negotiate your medical bills. Barak Richman, law professor at George Washington University, joined Cheddar News to discuss the easiest way to talk to medical debt companies about what's owed.
Stretching Your Dollar: Navigating Insurance
Millions of people have selected insurance plans for 2024 but sometimes navigating them can be tricky time consuming and expensive. Paula Pant, host of 'Afford Anything' podcast, joined Cheddar News to break down what's needed to know about their insurance plans.
Study: Over 58% of Hybrid Workers Are 'Coffee Badging'
With more employees being called back to the office, many workers are suddenly protesting by being in the office for as little time as possible. As the term suggests, coffee-badging means coming in for just enough time to have a cup of coffee, show your face, and swipe your badge.
Securitize: Join The Private Credit Boom
Cheddar News' Need2Know is brought to you by Securitize, which helps unlock broader access to alternative investments in private businesses, funds, and other alternative assets. The private credit boom is here and the Hamilton Lane Senior Credit Opportunities Fund has tripled in assets under management in just six months from November 2022 through April this year. Visit Securitize.io to learn more.
Load More