UFC White House Event Will Lose $30M on $60M Budget

UFC's June 14 White House event costs are projected over $60 million, with TKO expecting to lose at least $30 million after sponsorships. TKO COO Mark Shapiro detailed expenses for arena build on White House lawn, fighter pay, and fan fest during a financial call. No profit anticipated, but long-term gains in media, fans, and viewership expected. UFC aims to offset half via corporate partners. This historic America 250 tie-in underscores UFC's investment despite no fights announced yet.