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Strikeforce Continues to Operate at a Loss

Written by Tom Ngo
May 24th, 2012
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Strikeforce Josh Barnett

Majority rules, unless you were part of the majority who paid for tickets to attend this past Saturday’s “Strikeforce: Heavyweight Grand Prix Final” event in San Jose. And if that’s the case, majority sucks. 

According to the California State Athletic Commission, of the 5,413 fans who packed HP Pavilion, only 2,804 of them actually purchased seats. An astonishing 48 percent (2,609) received complimentary admission.

The news gets even worse for the UFC’s little brother. The show garnered a live gate of merely $226,005.

To put things into perspective, heavyweight Josh Barnett (Pictured) pocketed a flat $200,000 salary for his services. The card’s total disclosed payroll was $768,500.

It certainly didn’t help Strikeforce’s cause when the UFC announced just house before Saturday’s Showtime broadcast that the Octagon would be making its return to HP Pavilion on July 11th.

Barnett headlined the show opposite Daniel Cormier. The 265-pounders met in the finals of Strikeforce’s Heavyweight Grand Prix, with Cormier taking home this monstrosity following their 25-minute battle.

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