At this point, the sport isn't going anywhere. MMA will exist, in some fashion or another, basically forever. So the path the UFC is taking, whatever. If they go under, someday, whatever. The sport isn't the UFC, and if they disappear, another org will take its place. There's no PRIDE or Strikeforce or Sekgoku, etc., but all of the mid-majors today are still all putting on quality events, for their appropriate audiences. RIZIN puts on shows for a Japanese audience, they're not focused on the rest of us, at this stage, maybe never really will be. PRIDE itself was never really meant for a Western audience, they were an org who put on events for a Japanese audience, who happened to have a lot of the best fighters, bc they could pay them. They were for the West about as much as the UFC is for a Japanese audience, residually, not remotely their main focus (at least until they knew they were in trouble, bc their actual audience abandoned them). But the quality of RIZIN's shows is generally top notch, the events are almost always fun, and I'd rather watch a fight with less rules, something closer to an actual fight, meaning the names on the cards don't really matter so much. I usually find that, when I watch those "no name" cards, I start remembering names, bc me having heard of a fighter or not isn't actually the benchmark for whether or not they're good, it's actually whether they are good or not. Normally, when they're good, I remember their name, regardless of where they're fighting. And it's the same for all of the mid-majors of today, ONE and KSW and ACA and ARES and LUX, etc., etc., all have banger cards with legit talent, people simply don't watch, so they aren't aware.
Yeah, life is OK, in the MMA-sphere. Fights are gonna be fought, canvases will be eaten, necks will be choked, no matter what goes on with the UFC.