*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
Cboe Celebrates 50th Anniversary
Cheddar News' Courtney Sturgeon reports live from the options trading floor on the 50th annivesrary of Cboe to break down the global impact of the U.S. options industry, and an outlook on the options market.
First Republic Bank Stock Plunges as Depositors Flee
First Republic Bank's stock plunged Tuesday after it said depositors withdrew more than $100 billion during last month’s crisis, with fears swirling that it could be the third bank to fail after the collapse of Silicon Valley Bank and Signature Bank.
General Motors Plans to End Production of Chevy Bolt
Strong U.S. sales helped General Motors increase its first-quarter net profit 19% over a year ago, leading the company to raise its full-year earnings guidance on expectations that people will keep buying new vehicles.
Load More