World Fight League Announces Founding, Releases 50/50 Revenue Share Plan

If the World Fight League can get off the ground, it could change
the nature of the sport as we know it.

The newly founded organization released a statement on Wednesday
formally announcing its plan to emerge as a league to challenge
other major promotions. Unlike any noteworthy organization running
currently, but similar to the
International Fight League
in the past, the WFL plans on
operating like other professional sports leagues by operating
teams. These teams, known as franchises, will represent four
different conferences around the world consisting of North America,
South America, Europe and Africa, and Asia and Oceania. According
to the WFL release, six franchises have been currently approved,
and it is seeking additional involvement to fill its ranks.

Ariel Helwani
first broke the news in September that this
league was being created, with the intention of launching in 2023.
The goal of the WFL is stated to exist with four conferences
holding at least eight franchises each, and those groupings will
compete amongst one another before vying for conference and then
international championships. Per Helwani, these franchises will
gather athletes from a prospective draft and then sign others via
free agency.

Most appealing to fighters, fans and media may be the proposition
that this will be a non-profit corporation, in which revenue will
be shared 50/50 with the athletes. The six franchises that have
been approved have all agreed to this dynamic, as well as several
other significant financial stipulations including guaranteed
contracts, health and career insurance, and a pension plan. The WFL
intends on the fighters forming a union to represent them, much
like many other major sports leagues work alongside players’

Those involved in the formation of this promotion have not yet been
announced, nor has it answered any of the rumors of the involvement
of potential Professional Fighters League players. It has,
however, hinted at an increase in those that want to participate
within the sports world, and not simply limited to MMA.

“A growing number of influential entities within the sports
industry are assembling to build this new and super-necessary
league,” the statement wrote.

This article first appeared at Recent News on

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