Mixed Martial Arts Legislation in NY Would Spur New Economic Activity
By Alexia Krause
With the New York state deficit hitting $8 billion, steps need to be taken in order to right the ship that is the state’s budget. Recently New York Gov. David Paterson stated that the projected deficit for the upcoming fiscal year has grown by an additional $750 million. There’s no doubting that the Empire State is in dire straits trying to fix their deficit. It is extremely difficult trying to balance a state budget at a time when the country as a whole is going through some of its most difficult economic hurdles in recent history. This forces us to take a fresh look at which programs will continue to receive funding. As a result, the state has been forced to cut, reject, and outright shut down many state programs and projects in order to make some type of movement out of the red and back into the black. Many of these budget cuts (like closing down state parks and cutting funding to public schools) were rampant and have cast an unfavorable light on politicians in Albany in the eyes of many New Yorkers. However, something must be done in order to fight the ailing state economy. As coincidence has it, a good fight might just be the answer to the budget problems.
On June 16th, the New York State Senate passed a bill to legalize MMA in the state in an effort to help amend the state’s financial problems. Opening the floodgates for MMA in New York would be more of a benefit to the state than it would to the MMA Industry. For years, promoters have happily held venues in nearby New Jersey. Mixed martial arts competitions like UFC, among others, have been banned in the state because many lawmakers felt it was too brutal of a sport (even though other legal sports like football and hockey can be just as- if not more- brutal). With the passing of this new bill, fans will finally be able to support their home state and local venues. (more…)