I agree with the bolded, I said as much in my last post. As far as the first sentence in your post, I wasn't referring to Lucas Oil hosting a live event. What if they invited everyone in to watch a pay-per-view fight on their big screens? They didn't get written permission from the UFC, and didn't pay them a dime. They just opened up the doors and said "Hey we're showing the fight tonight, come on in and buy some beer and food and watch it." Do you think it would be right for Lucas Oil to do that, and do you think the UFC would take issue with it?
I was saying live as in "watch it live on our big screens." They would have to pay per seat and there'd be no possible way of getting away with it, so it's sort of a moot point...Hole in the wall bars get busted for it.
Answer my last question, because I have another one for you.