Set to last seven years, with an average annual value of $1.1bn, the contract marks the impending end of the UFC’s partnership with ESPN, a relationship that began in 2019. More importantly, however, the deal also means the end of the UFC’s pay-per-view (PPV) model.

Paramount will become the new home to all UFC events in the U.S., while UFC's CEO says the White House may host a July 4 event broadcast on CBS.