Alex Rodriguez invests in mixed martial arts company PFL at $500 million valuation

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Alex Rodriguez invests in mixed martial arts company PFL at $500 million valuation
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The former MLB star is now a partial owner of the Professional Fighters League, or PFL, after he contributed to a $30 million funding round.

PFL is now valued at $500 million, according to a person with knowledge of the deal. That's up from ain 2021. The person declined to be named because PFL's valuation isn't public.

"They now have a great option – UFC or PFL," Davis said. "We're open for business in the pay-per-view division."Davis called Rodriguez's interest in PFL a "mutual attraction." Rodriguez credited PFL's global reach as a reason for the interest. The league says it has 600 million fans globally and PFL matches are distributed in 160 countries. "The PFL continues to build and innovate for fans, media, and fighters, and there is massive demand in the marketplace," Rodriguez said in a statement.

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