The PFL which is a rebranding of the World Series of Fighting will have its first event June 7th in New York at Madison Square Garden. The Professional Fighters League recently set out a details about their first event which will introduce the a tournament style format with performance based pay.
Fighters in each weight class will compete in a tournament that will last several months and through a playoff style finals will declare a winner of the division. The fighter who captures the tournament championship will be paid 1,000,000$ according to details, and the semi finalist-runner up will be given a 200,000$ purse.
MMA Fighting released the full rosters, however there are some real names on the roster including Jake Shields, Ricky Story, and Will Brooks. Here is the Heavyweight Division
to see the full fight card, check out here