UPDATE ON EVERYONE’S FAVORITE MMA PROMOTION GFL — Darren Owen is pitching fighters on a “non profit event”. He’s calling it a revenue share but it’s a profit share. The event has to break even before distributions are made to fighters. He’s projecting event revenue of $5 million for 1 event minus $1.3 million to produce. The $5 million figure is the low end projection. High end $11 million plus. Projected profit $3.75 million. The $3.75 million would be paid out to 30 fighters (15 fights). Main event gets combined 30% of the $3.75 million profit or $562,500 each. He’s projecting $3 million in media rights, $800k in ticket sales, $1 million in sponsorships, $250k in merch. These are the low end projections. These are completely unobtainable figures. This is FYRE FESTIVAL.