One month after announcing the shutdown of Showtime Sports at year-end, Paramount Global on Monday (November 20) sold its Bellator mixed martial arts franchise to the Saudi Arabia-backed Professionals Fighters League.
Terms of the deal were not disclosed. Paramount, which has owned Bellator since 2011, will retain a minority stake in the franchise. Paramount-owned Showtime has offered Bellator events on its air and via pay-per-view since 2021.
