UFC followers are used to slightly professional wrestling information of their MMA websites on WrestleMania weekends, however that is one thing else fully. On Sunday afternoon, CNBC reported {that a} deal was near being reached that will see UFC mother or father firm Endeavor purchase the WWE.
Based on this report, UFC and WWE would grow to be a part of a brand new publicly traded firm, with Endeavor proudly owning 51% and WWE shareholders holding 49%. Endeavor CEO Ari Emanuel would stay total chief govt, whereas WWE head honcho Vince McMahon can be an govt chairman.
Apparently sufficient, that will technically place him above UFC president Dana White within the new firm’s org chart.
It’s a wild change, and phrase is the deal might be formally introduced as quickly as Monday. The web is already buzzing from the information, and a wide range of vital figures in each MMA and professional wrestling are already weighing in.
“Congrats to the UFC, now price a cool Correct $12bn,” Conor McGregor wrote on Twitter concerning the deal. “Wow! Endeavor bout to scoop the WWE now additionally. Unbelievable. What a powerhouse!”
Check out different ideas from throughout the Twitterverse:
Congrats to the @ufc now price a cool Correct $12bn. Wow! Endeavor bout to scoop the @WWE now additionally. Unbelievable. What a powerhouse!
— Conor McGregor (@TheNotoriousMMA) April 2, 2023
UFC and WWE underneath one umbrella? Very attention-grabbing. One notice: this deal would worth the UFC at “greater than $12 billion.” Not dangerous given Endeavor paid $4bn for the UFC seven years in the past. https://t.co/8QeYrTo0v9
— Simon Head (@simonhead) April 2, 2023
UFC + WWE makes an excessive amount of sense. Nice path to growing fighter pay.
— Jake Paul (@jakepaul) April 2, 2023
Per CNBC, Endeavor, the mother or father firm of UFC, is nearing a deal to purchase WWE with a deal to be introduced as early as TOMORROW. UFC and WWE are anticipated to kind a brand new publicly traded firm. Vince McMahon would stay as Govt Chairman. Holy shit.
— Jason Solomon (@solomonster) April 2, 2023
Vince McMahon could not have made out higher within the deal if it goes by as reported, second highest rating officer for each WWE and UFC behind Ari Emanuel, will get enormous payoff, retains inventory with the concept WWE/UFC mixed firm will grow to be even stronger within the inventory market.
— Dave Meltzer (@davemeltzerWON) April 2, 2023
When WWE CEO Nick Khan stated there was sturdy curiosity this week …. He was gradual enjoying it.
— Alex Sherman (@sherman4949) April 2, 2023
If it goes something just like the UFC sale at the beginning and for just a few years, there’s going to be a whole lot of price chopping happening in WWE. I do not know if it’ll be a plus for expertise contracts, and this will likely make AEW extra viable in terms of huge contracts.
— Ryan Frederick (@ryanjfrederick) April 2, 2023
NEWS: Endeavor is finalizing a deal to purchase WWE, per @CNBC.
The deal values WWE at about $9.3 billion — and would mix UFC and WWE into one publicly traded firm. pic.twitter.com/LdnoyuflvX
— Entrance Workplace Sports activities (@FOS) April 2, 2023
BREAKING: Endeavor is finalizing a deal to purchase WWE, in accordance with @sherman4949.
Endeavor will then mix WWE and the UFC into one publicly traded firm.
Shares of WWE are up 33% this yr, and the deal offers WWE an enterprise worth of greater than $9 billion. pic.twitter.com/kjSt3v9qtf
— Joe Pompliano (@JoePompliano) April 2, 2023
This weekend there was buzz {that a} non-Saudi entity was main the pack to finalize a possible sale with WWE. If right, Endeavor would personal WWE and UFC https://t.co/sMCuqliaZg
— Sean Ross Sapp of Fightful.com (@SeanRossSapp) April 2, 2023
UFC has fought extremely onerous to stop fighters from being paid pretty. They’ve benched and outright fired a few of their greatest stars over points involving pay. WWE not solely being underneath the identical umbrella however part of the identical firm most likely will not behave a lot otherwise.
— Adam Lash (@newfoundmass) April 2, 2023
Some private ideas on WWE presumably being bought to Endeavor:
1) There’s a whole lot of synergy between UFC and WWE, so you will most likely be seeing a whole lot of departments being mixed.
2) There have been a whole lot of layoffs after Endeavor purchased the UFC.
3) Endeavor shopping for UFC paid off…
— Raj Giri (@TheRajGiri) April 2, 2023
WWE being purchased by the UFC after Shane McMahon begged his dad to purchase the UFC again in 2000 when it was struggling is like some Blockbuster / Netflix shit https://t.co/m6t99tbKx4
— ᶜᵃˢᵗᵉʳ ˢʰᵉˡˡ (@castergunx) April 2, 2023
Maintain it locked to MMA Mania for extra information about this huge sale and what it may imply for each the UFC and WWE.
