Donald Trump said last month he wanted to stage a UFC match on the White House grounds with upwards of 20,000 spectators to celebrate 250 years of American independence.

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.

The UFC recently signed a deal with CBS/Paramount+ to broadcast events on both networks. The deal will go into effect next year.