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It basically led to the survival and golden age of MMA. Without TUF the UFC and mma in general (at least in North America) would be dead.
Dana White and the Fertittas said that since they were hemorrhaging soo much money that it was their final attempt to make the UFC work. If the TUF didn't succed on cable tv they were dead in the water. They would have either have sold it off or would have folded it.
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"Nothing like a strangulation to get the circulation going."
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