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UFC to take "massive financial hit" on cancelling 151

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The UFC is set to take “a massive financial hit” on the UFC 151 cancellation.

According to UFC president Dana White on a conference call today, the cancellation of the event eight days out - the first time the UFC has ever had to cancel a show - will be “a major, major deal.”

“We lose a lot of money, money that’s already been spent. We’re eight days out. We’ve spent tons of money on this fight. How long and how far it goes and how bad it hurts I don’t know because it’s the first time we’ve done it,” he said.

“One thing that you really have to think about are the fighters on the undercard. Sure, Jon Jones is rich what does he care if he cancels the fight? But twenty other fighters on the card added up to almost a half a million dollars in purse money that Jones and Greg Jackson’s decision stole from them.

“No champion or headliner in UFC history has ever done that. As difficult as Tito Ortiz could be, even Tito never bailed on a fight… Many people, from fans to PPV distributors, TV networks, sponsors, and more importantly fighters who are working hard to support their families and build their careers are hurt badly by this selfish decision.”

The fight between Jones and Henderson was cancelled when Henderson sustained a damaged MCL in his right knee and was judged unable to take part in the September 1 event. The injury was sustained three weeks ago, his coach has revealed to Fighters Only, but the official decision was only taken yesterday.

Jones has caused fury at UFC HQ by flatly refusing to take Chael Sonnen as a stand-in opponent for September 1. He will now defend his belt on September 22 in Canada against Lyoto Machida.