UFC president Dana White mentioned the latest buy of the WWE by UFC mum or dad firm Endeavor and being merged right into a newly shaped entity containing each pay-per-view powerhouses.
The UFC and WWE will function underneath the umbrella of a newly shaped publicly traded firm that has but to be named. The brand new firm is predicted to commerce underneath the TKO ticker image on the inventory market.
“The immense success we’ve already had in partnering with their crew on numerous ventures, I consider that that is for sure the perfect consequence for our shareholders and different stakeholders,” mentioned Vince McMahon, Government Chairman of WWE on the time.
“Collectively, we can 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 asserting 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 modifications 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 activities.
“What occurs is, business-wise, there’s lots 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
Because the 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 received an unbelievable wrestling background, so he was profitable right here. It will be very exhausting for most of the different guys to come back 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 really 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 can be larger 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 let you know need I do know. They hit a f**king house run with that man, an absolute house run. He’s extremely gifted. He’s an incredible athlete. I used to be blown away by watching him. So clearly, you probably have a situation the place any individual is that good and will go over to the WWE it’s going to occur.”
