UFC, WWE eye growth after newly merged company valued at $21B

  • 📰 WOKVNews
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 63%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

The UFC and WWE, companies that had humble beginnings only to develop into global powerhouses, have formally merged into one company in a deal that values the new entity at a staggering $21 billion, Endeavor confirmed Monday.

The UFC wasn't able to get on cable television and sold for a paltry $2 million in 2001 when a group led by Dana White and casino moguls Frank and Lorenzo Fertitta rescued it from potential collapse. As part of the deal confirmed Monday by Endeavor CEO, the UFC is itself now valued at $12.3 billion, more than $4 billion more than Forbes estimates is the worth of the most valuable NFL team, the Dallas Cowboys.

"The [NBA's] Phoenix Suns went for $4 billion," Khan told Yahoo Sports on Monday."There are rumors that the [NFL's Washington] Commanders are going to go for $7 billion. There was an article that Sportico put out last year that the valuation of the NHL, the entire league, which is what, 32 teams, was $32 billion. That was for 32 teams. You're talking about two combined enterprises here at $21 billion plus. We like our shot. We like our chances.

“This company has been on fire for the last seven years and now that we will be adding WWE to the portfolio, I am excited to take this to another level," White said."Vince is a savage in the wrestling space, Ari is a beast at what he does, and then add what we at UFC bring to the table and there is no limit to what this company can accomplish in the next few years.”

But after selling for $4 billion in 2016 and seeing its valuation triple in not quite seven years, White was glowing on Monday after the deal was confirmed.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 247. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

WWE, UFC-parent company Endeavor merge to form $21B global fighting behemothEndeavor, the parent company of UFC, acquired World Wrestling Entertainment in a merger that values the WWE at $9.3 billion, forming a worldwide combat sports behemoth, the companies say in a joint announcement. 'Professional Wrestling' is simply monetized idiocy, lol But Dana White is a wife beater. So?
Sumber: ABC - 🏆 471. / 51 Baca lebih lajut »

WWE, UFC Merge, Form Massive New CompanyThe WWE and the UFC are merging into one ... now forming a $21 billion company. Is that smart Wrestling is one thing and ufc is a whole type of different league….. I don’t get it? One is real and one is fake? Too bad wwe was better when it was competing with wcw
Sumber: TMZ - 🏆 379. / 59 Baca lebih lajut »