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agreed. i was also trying to pinpoint the exact time when they the increased frequency of events but each event was so watered down or fighters started to pull out due to injuries that it was no longer as exciting to have a huge card come up that people were counting down for.
watering down started in TUF. it went from ~12/yr --> ~24/yr --> 32/yr --> 40/yr --> 45/yr in about 5 years, if i remember correctly (too lazy to do a simple wiki search & basic arithmetic)
i think 2012 was the year most famous for injuries cancelling fights.