K-1 Dynamite Not Off to a Good Start

Financially speaking, last week's K-1 MMA event was a disaster. The California State Athletic Commission has released the revenue figures from teh event and the numbers aren't looking so good. Paid verifiable tickets sold was 3,574. Sources say that FEG (K-1 promoters) paid over $2 million to purchase 39,000 tickets to their own event. Although there is no way to tell how many of those tickets were resold or simply given away, the math isn't in their favor considering the verified ticket sales only brought in $203,000.

Why they would hold an MMA event at a arena that seats 92,000 is baffling...this isn't Japan. With this huge space occupied with relatively few people, not only does it look bad on camera, but the crowd energy was not the same as it would have been in a sold out smaller arena such as the MGM.

In comparison, the verified paid attendance for UFC 68, which took place in Columbus , Ohio on March 3, 2007 was 17,358.