Thanks for all the submissions so far, guys! I like the revisions! I'm going hit the sack now, so I'll check all new submissions first thing I can tomorrow morning.
Sahil72: Interesting idea on the rip! However, I need the background to be the color #212121, so that it can blend in with my header background. The red background color won't blend at all. Thanks. Edit: also, please make sure you get the dimensions right that I mentioned in my original post.
phoenix89: I believe your revision is a bit better. I'm not sure how to improve on it more. torturedexistence: I appreciate your effort, but that's not exactly the look I'm going for. Sahil72: Thanks for that revision. I'm not really liking that font of "Coupon". It looks too play-like. Thanks to everyone so far who's made an effort! While I really like a lot of the logos, I'm gonna have to drain it down to the top two choices: imhawk and onlyfights. I'll leave this open for another 24 hours for anyone else who'd like to give a go.
After much thought and advice from others, I finally decided to go with onlyfights' design. Thanks for everyone that contributed!