*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
The Banking Crisis Isn’t Over. But How Bad Will It Get?
Uncertainty continues to pummel the banking industry, despite assurances from financial regulators and bankers such as Jamie Dimon this week that the worst of the recent crisis is over and the health of the banking system remains strong.
April Hiring Gains Reflect a Still-Resilient US Job Market
America’s employers added a healthy 253,000 jobs in April, evidence of a labor market that still shows surprising strength despite rising interest rates, chronically high inflation and a banking crisis that could weaken the economy.
Celebrating AAPI: Entrepreneur Discusses Bringing Japanese Snacks to the World
Danny Taing, founder and CEO of Bokksu, joined Cheddar News to discuss his path on how he became an entrepreneur to launch a company that delivers artisanal Japanese snacks. "When I moved back from Japan to New York, I had this bit of reverse culture shock ... a lot of people had somewhat of a one-dimensional view of Japan ... they saw this country where people ate sushi every day ... none of that is true," he said.
Load More