Case 2:15-cv-01045-RFB-BNW Document 658-25 Filed 06/14/19 Page 1 of 3

Exhibit 23
Exhibit 99 to Zuffa’s Motion for
Summary Judgment, ECF No. 575-48
Case
Case 2:15-cv-01045-RFB-BNW
2:15-cv-01045-RFB-PAL Document
Document 575-48
658-25 Filed
Filed 07/30/18
06/14/19 Page
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EXHIBIT 99
Summary chart of Zuffa’s
share of Ranked athletes
 Case
Case 2:15-cv-01045-RFB-BNW
2:15-cv-01045-RFB-PAL Document
Document 575-48
658-25 Filed
Filed 07/30/18
06/14/19 Page
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Zuffa Share of All Ranked Athletes (2011‐2016)
Promoters in Dr. Singer's Ranked Market

Average Share 2011‐
2011 2012 2013 2014 2015 2016 2016
Zuffa Share 15.2% 16.1% 15.5% 19.4% 21.7% 21.1% 18.1%

Notes:

Any athlete who is ranked for any Zuffa bout during the year is included in the numerator of the share calculation.
Any athlete who is ranked for any bout with a promoter in Dr. Singer's Ranked Market during the year is included in the 
denominator of the share calculation.
Athletes who were ranked for both Zuffa and non‐Zuffa bouts during the year are weighted in proportion to the share 
of bouts in that year with Zuffa in the numerator.  For example, an athlete with 1 Zuffa bout and 3 non‐Zuffa bouts is 
counted as 0.25 in the numerator.

Sources:
Singer Report Backup [Sherdog Denom for Market Shares.dta]