The UFC Is Spending 10x More Than Normal On Its Event At The Las Vegas Sphere, Still Thinks It Can Be Profitable

Photo: Dana White and other UFC executives during a production test at the Sphere

The first-ever live sporting event at Madison Square Garden’s $3 billion Las Vegas Sphere almost didn’t happen. That’s because the UFC has an exclusive, multi-year contract with MGM, agreeing to host all of the organization's Las Vegas-based events at T-Mobile Arena.

That ag…