Athletic Commission seeks one‑year lifeline as streaming deals shrink gate revenue

Commissioner Mari Hull and Chairman Randy Phillips told the Senate appropriations subcommittee the commission’s revenue, which historically relied on licensing and a 6% share of event gate fees, has plunged because several large promoters’ events were acquired by streaming‑first companies. Hull said three large promoters were bought out and that some events now generate little or no gate revenue for the state because promoters stream or televise shows, leaving the commission’s fund nearly depleted.

Hull reported the commission’s special fund would be nearly exhausted after January payroll and said commissioners had not been paid travel or consultants; she asked the legislature to consider a one‑time transfer of operating authority to keep the commission running while it rebuilds revenue and implements contract and rule changes drafted with the Attorney General’s office.

Committee members debated whether the commission can capture streaming‑related revenues under the statute that currently ties the commission to a 6% share “of the event.” Agency counsel and the AG’s office are assessing whether contract language and rulemaking can secure 6% of all event receipts (including concessions and streamed receipts) or whether a statutory amendment is required. Members also raised potential conflicts and governance risks if the commission were to serve as promoter of its own events (the commission said hosting one or two events temporarily would help replenish funds). The committee asked the commission to provide legal advice and draft contract language for review.

No appropriation was approved at the hearing; members signaled willingness to consider limited one‑time assistance if the commission can demonstrate a clear plan and legal path to recover recurring revenue.