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Front Office Sports - The Memo

Afternoon Edition

June 12, 2026

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UFC’s Freedom 250 event on the South Lawn of the White House is almost a reality. After roughly a year of planning, more than $60 million spent in development costs, and some legal drama, one of the most unique—but also potentially among the most divisive—sports events in modern history is set to take place Sunday, coinciding with President Donald Trump’s 80th birthday. 

—Eric Fisher

First Up

  • The University of Utah announced its private-equity deal with Otro Capital has closed. It includes selling off a portion of athletic department assets. Read the story.
  • World Cup ticket prices are rising, rather than falling, including for the opening match in L.A. on Friday night between the USMNT and Paraguay. Read the story.
  • The French Open men’s final drew 25% fewer viewers than 2025, and the women’s final saw a steeper drop as tennis’s biggest stars weren’t competing. Read the story.
  • Phil Mickelson’s golf future has become even murkier after the six-time major champion this week was kicked out of a California country club. Read the story.

Politics, Pressure, Polymarket: Inside UFC’s $60M White House Spectacle

Per Haljestam-Imagn Images

WASHINGTON — After roughly a year of planning, more than $60 million spent in development costs, some legal drama, and plenty of political chatter, UFC is grappling its Freedom 250 event on the South Lawn of the White House into reality. 

One of the most unique—but also potentially among the most divisive—sports events in modern history is rising mere feet away from the White House as UFC will stage a high-profile fight card Sunday night, headlined by a lightweight title bout between Ilia Topuria and Justin Gaethje. 

The centerpiece of the spectacle is the stage setup on the South Lawn—the 92-foot apparatus dubbed “The Claw” and overhanging the Octagon where the fighters will compete. There, roughly 4,300 people, mostly military members, will have the most intimate view of the fight card, while another 85,000 are expected to watch from an adjacent viewing area at The Ellipse. 

“Whether you’re far right, far left, or right down the middle, you’re still an American, and there’s no way you don’t love this show,” said UFC president Dana White. 

Political Positions 

Like many things with UFC, the road to Freedom 250 has hardly been straightforward or without controversy. Most directly, a lawsuit filed this week in the U.S. District Court for the District of Columbia alleged that the event violated strict National Park Service regulations and failed to secure congressional approval.

On Friday, though, Judge Amit Mehta sided with the government and denied a petition to hit the event with either a temporary restraining order or preliminary injunction. 

More broadly, it’s been impossible to separate UFC Freedom 250 from the politics around it. The idea for the White House event came from President Donald Trump, who has held a close friendship with White for more than 20 years, which predates Trump’s entry into politics a decade ago. 

During Trump’s often-rocky tenure in the White House, UFC has remained a safe space for the president and somewhere he can reliably receive adulation and a respite from other controversies. UFC Freedom 250 is also happening on Trump’s 80th birthday. The link to UFC has additionally been a key element of Trump forging deeper ties with young males who are core to the UFC fan base, and were a critical element in his 2024 election victory. 

As a result, there have been widespread accusations that UFC Freedom 250 is merely a MAGA event.

“Trump is building a golden ballroom and for his birthday party—arranging a UFC fight on the White House grounds—while you’re fighting to pay this month’s bills,” said Sen. Adam Schiff (D., Calif.). “Could he be more out of touch?”

UFC and parent company TKO Group Holdings pushed back on that narrative. 

“This week here with the UFC, on the grandest stage of them all, we’ve told all of our partners, all of our friends, all of our fans that this isn’t about politics. We’re not here to talk about policy and politics,” TKO president and COO Mark Shapiro said Thursday night at an event organized by the Meridian International Center. “We’re here because we’re fortunate enough that the president of the United States has decided [to do this].”

While UFC did not sell any tickets for the event, there is plenty of visible sponsorship in and around the South Lawn, including branding from Polymarket on the Octagon itself. That’s happening despite rising legislative and legal scrutiny on the entire prediction-market business—including from Trump. 

The White House event also marks a remarkable rise for UFC considering that as recently as 2016, all of MMA was still banned in New York, the last of several states to outlaw the sport. 

“We always believed, right from the very beginning, that this sport was special, and it could be a truly global sport,” White said. “Everybody understands fighting, and that belief has never wavered.”

Still Fighting 

Amid all of the broader narratives, a fight card still is happening, and the Topuria-Gaethje finale will end the run of seven scheduled bouts on Sunday. 

White has predicted the event will draw “Super Bowl–type numbers” in terms of the viewing audience, but that only will possibly happen by aggregating the entire global audience. In the U.S., the event is being streamed only on Paramount+, forming a key part of a new rights deal with UFC. That streaming-only plan is happening despite prior questions about a potential simulcast on the CBS broadcast network. 

On Paramount+, the domestic audience for UFC Freedom 250 will likely hover in a low- to mid-seven-figure range. But even if the entire Paramount+ subscription base of 79 million watched UFC Freedom 250—an impossible consideration—it would still fall well short of the Super Bowl LX average audience in the U.S. of 125.6 million. 

The streaming-only plan for UFC Freedom 250 also marks a notable dichotomy from how the federal government has treated the NFL in recent months. Despite a still-heavy presence on broadcast television, the NFL is facing mounting pressure from numerous federal regulators and politicians, and was the core subject of a congressional hearing Wednesday. 

In the meantime, UFC is closely watching an uncertain weather forecast that calls for potential thunderstorms Sunday. 

“We’re going to be good on Sunday. I don’t care if it snows, rains, we’re going. Even lightning,” White said. “You guys all played sports when you were growing up. Whenever there was lightning, you’d sit the lightning out. When it was over, you played. That’s what we’ll do.”

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FOS NEWS

Tatum Beyond the Court

FOS graphic

Celtics star Jayson Tatum joined Front Office Sports to discuss life beyond basketball, including his business portfolio. His new line of men’s care products, Onside, is now available at Target. He shared more on his role as chief basketball officer at Duke and discussed the new Celtics ownership group under Bill Chisholm.

Tatum has also invested in his hometown of St. Louis and talked about the possibility of a WNBA expansion team coming to the city.

Watch the full interview.

FRONT OFFICE SPORTS LIVE

Intersecting Capital and Competition

Sports has become one of the hottest investment opportunities in the global market. Franchise valuations are climbing to record highs; private equity is reshaping team ownership; athletes are evolving into institutional investors; and leagues are becoming platforms for global capital. Meanwhile, prediction markets are upending the incumbent sports betting giants.

After an impactful debut in 2025, Asset Class, our live event led by FOS deals reporter Ben Horney, is back for its second year on Sept. 15 in Manhattan.

Join the industry’s most influential power players for high-impact conversations about the deals transforming sports. 

If you want to stay ahead in the business of sports, this is where you need to be.

Request to attend.

STATUS REPORT

Two Up, Two Push

Jun 9, 2026; Minneapolis, Minnesota, USA; Minnesota Lynx guard Olivia Miles (5) gestures while bringing the ball upcourt against Dallas Wings forward Jessica Shepard (32) in the fourth quarter at Target Center.

Matt Blewett-Imagn Images

Olivia Miles ⬆ The Minnesota Lynx rookie is officially an Adidas athlete, she confirmed to reporters Thursday. Miles, the second overall pick in the 2026 WNBA draft, joins the Timberwolves’ Anthony Edwards among Minnesota basketball guards who wear No. 5 in Adidas’s basketball lineup. Averaging 17.8 points, 6.3 assists, and 5.3 rebounds per game, Miles is currently the early front-runner for WNBA Rookie of the Year.

PWHL ⬆⬇ The Professional Women’s Hockey League is auctioning off several game-used jerseys and materials via The Realest marketplace, with an opportunity to place bids until June 28. The most expensive item on sale is a game-worn Hilary Knight Seattle Torrent jersey, which was going for $625 as of Friday afternoon. Other items on sale include game-worn jerseys from the Boston Fleet and Minnesota Frost (several Fleet and Frost jerseys were bidding as low as $20), as well as autographed pucks and sticks.

Game 5 ticket demand ⬆⬇ Nearly half of the tickets for Game 5 of the NBA Finals in San Antonio on Saturday have been purchased by fans with New York and New Jersey area codes, according to TickPick data obtained by Yahoo Sports. The Knicks are one game away from their first championship in 53 years after rallying from a 29-point deficit to win Game 4, the largest comeback in Finals history.

Mexico ⬆ The host nation opened the 2026 World Cup with a 2–0 win over South Africa at Estadio Azteca in Mexico City, with goals from Julián Quiñones and Raúl Jiménez. It was Mexico’s first win in a World Cup opener, having previously lost five and drawn two. The match was marked by chaos late, with three red cards issued across both teams. 

ONE FUN THING

There’s No Place Like Kansas

Coaches with the Algerian national team are seen during the Algeria community training session ahead of their World Cup match at Rock Chalk Park on June 11, 2026.

USA TODAY Network via Reuters Connect

Some World Cup teams chose elite private high schools for their base camps, but the Algerian national team picked Lawrence, Kansas, to set up shop. The city, which is home to the University of Kansas, has embraced the North African team: “Rock chalk, Algeria!” cheered one newly minted fan, draped in a Team Algeria scarf. The KU band also learned the country’s national anthem to welcome Les Fennecs to their training ground.

Along with practicing at Rock Chalk Park, Algeria also stopped by Allen Fieldhouse earlier in the week for a quick shootaround. It’ll play its first game June 16 in Kansas City, about an hour from Lawrence. Les Fennecs have a tough draw for the match: an Argentine team led by Lionel Messi. After that, they’ll face Jordan and Austria in the rest of the group stage.

Editors’ Picks

How Donald Trump and Dana White Became Close Friends

by Ryan Glasspiegel
UFC Freedom 250 will take place at the White House on Sunday.

Under Armour Did Not Renew WNBA Shoe Deal

by Colin Salao
Jacy Sheldon also wears logo-less Holo shoes due to WNBA apparel rules.

Leagues and Networks Are Going All In on America250

by Ryan Glasspiegel and Ellyn Briggs
Celebrations include jersey patches, special uniforms, and dedicated programming.
Events Video Games Shop
Written by Eric Fisher
Edited by Katie Krzaczek, Catherine Chen

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