Gov. Paterson unveiled an emergency-budget bill yesterday that includes a measurelegalizing the anything-goes sport of mixed martial arts.

The fights -- now sanctioned in more than 40 states, with a huge fan base on pay-per-view and cable TV -- includepunches, kicks, slams and elbow and knee strikes.

The governor says sanctioning the fights would generate at least $2 million a year in tax revenues, and spur millionsmore in economic activity for hotels and other businesses.