NJSEA to allocate $5M for UFC at Prudential Center in Newark, New Jersey
The New Jersey Sports and Exposition Authority (NJSEA) will allocate $5M to the Prudential Center in Newark, New Jersey for an upcoming UFC event in 2024.
Resolution 2023-51 was discussed on Thursday by the Board of Commissioners that will use taxpayer money appropriated to the NJSEA in the fiscal year 2024 state budget for “International Events, Improvements and Attraction” to meet this request.
According to the resolution, the money will be provided because Devils Arena Entertainment “recently made a request to the NJSEA for funds to help secure an upcoming UFC mixed martial arts pay-per-view event, currently scheduled for June 1, 2024.”
Brian Aberback, a spokesperson for the agency, said Wednesday that the NJSEA has “broad statutory authority to promote and otherwise support sporting events statewide.”
Earlier this year, the authority approved the use of $3.5 million in pandemic relief funds for UFC 288 on May 6.
This new request does not use relief funds.
