UFC president Dana White mentioned the current buy of the WWE by UFC dad or mum firm Endeavor and being merged right into a newly fashioned entity containing each pay-per-view powerhouses.
The UFC and WWE will function beneath the umbrella of a newly fashioned publicly traded firm that has but to be named. The brand new firm is predicted to commerce beneath the TKO ticker image on the inventory market.
“The immense success we’ve already had in partnering with their group on numerous ventures, I imagine that that is surely the perfect end result for our shareholders and different stakeholders,” mentioned Vince McMahon, Government Chairman of WWE on the time.
“Collectively, we will probably be a $21+ billion dwell sports activities and leisure powerhouse with a collective fanbase of greater than a billion folks and an thrilling progress alternative.”
The press launch from Endeavor saying the finished deal valued the UFC at $12.1 billion and the WWE at $9.3 billion. The UFC-WWE merger successfully created a $21.4 billion firm.
“Nothing adjustments in our companies. I’m going to maintain doing what I do. They’re going to maintain doing what they do,” White instructed TMZ Sports.
“What occurs is, business-wise, there’s a number of added worth that Ari Emanuel (Endeavor CEO) and Endeavor can add to the WWE. That’s it.”
WWE hit a house run with Logan Paul
For the reason that buy and firm merge, folks have puzzled in regards to the prospects of crossover athletes competing within the different firm, or each. Ronda Rousey is a WWE star. Brock Lesnar was a WWE star earlier than coming to the UFC. Whereas it’s occurred and will occur once more, White doesn’t see a lot room for it sooner or later however left the door open.
“It’s occurred earlier than even earlier than the connection wasn’t was it’s now,” mentioned White. “Brock Lesnar wished to strive it. He’s clearly acquired an unimaginable wrestling background, so he was profitable right here. It will be very laborious for most of the different guys to return over right here and be that profitable.
“However, like Ronda. When she went to the WWE she was clearly gifted sufficient to do it. If these situations are nonetheless there the place any individual is gifted sufficient to truly go as a result of that isn’t simple to do both.”
The WWE could not want any crossover from UFC fighters. Maybe Logan Paul will probably be greater than Conor McGregor. White has been impressed.
“I imply have a look at Logan Paul,” mentioned White. “Have you ever seen his wrestling?”
“I don’t know Jack-Sh*t about wrestling, however let me inform you need I do know. They hit a f**king residence run with that man, an absolute residence run. He’s extremely gifted. He’s an incredible athlete. I used to be blown away by watching him. So clearly, if in case you have a situation the place any individual is that good and will go over to the WWE it’s going to occur.”
