Final answer:
The word 'Olympic' is used to denote a high standard of fairness and excellence in athletic competitions, suggesting that the UFC should aim for similar levels of integrity and competitiveness.
Step-by-step explanation:
The author uses the word 'Olympic' in this sentence to highlight the high standard and fair competition associated with Olympic events. In the context of the UFC, the use of 'Olympic' suggests that by having consistent monitoring and regulation by state athletic commissions, mixed martial arts can achieve similar levels of integrity and competitiveness as seen in the Olympics, which are recognized for involving a region's best athletes in fair competitions. The Olympic Games are traditionally celebrated for showcasing sportsmanship, excellence, and international unity, which aligns with the author's vision for the UFC.
Moreover, the historical significance of the Olympics spans back to ancient times, where the games were a display of athletic prowess among competing regions and nations. The aim for the UFC, as alluded to by the author, would be to mirror the Olympic tradition of respect, equality, and the gathering of exceptional talent, thus propelling the sport to a prestigious level akin to what viewers expect from Olympic-level matches.