U.F.C. Sold for $4 Billion

[truthatallcost]

The league, which promotes mixed martial arts, is expected to announce as soon as Monday that it has sold itself to a group led by the talent giant WME-IMG for about $4 billion, according to people with direct knowledge of the matter. Backing the deal are the private equity heavyweights Silver Lake, Kohlberg Kravis Roberts, and the investment firm of the billionaire Michael S. Dell.

http://www.nytimes.com/2016/07/11/business/dealbook/ufc-sells-itself-for-4-billion.html?_r=0

So now the company that owns the Wrasslin' world owns the UFC, according to the NYT.

I wonder how this will affect the UFC?

Thoughts?
Comments?

 

[Quazimodo]

http://www.nytimes.com/2016/07/11/business/dealbook/ufc-sells-itself-for-4-billion.html?_r=0

So now the company that owns the Wrasslin' world owns the UFC, according to the NYT.

I wonder how this will affect the UFC?

Thoughts?
Comments?

A match made in Heaven! No, really!

 

[Hawkeye10]

http://www.nytimes.com/2016/07/11/business/dealbook/ufc-sells-itself-for-4-billion.html?_r=0

So now the company that owns the Wrasslin' world owns the UFC, according to the NYT.

I wonder how this will affect the UFC?

Thoughts?
Comments?

If the idea and contracts are worth $4 Billion (they are), then it must be a pretty solid idea.

 

[Northern Light]

I had no idea UFC was even worth that much.

 

[chuckiechan]

A billion isn't what it used to be.

 

[Hawkeye10]

Brothers Lorenzo and Frank Fertitta originally purchased the sports network for $US2 million in 2001 and own 80 per cent of the company.

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Wish it were me.

 

[Kobie]

Not a bad ROI for the Frittata brothers.

 

[truthatallcost]

Home | Live Scores & Latest News | Fox Sports

Wish it were me.

I never saw these guys interviewed anywhere, only Dana White.
Wonder where this leaves Joe Rogan, he was talking about quitting the UFC if they sold the company.

 

[Kobie]

I never saw these guys interviewed anywhere, only Dana White.
Wonder where this leaves Joe Rogan, he was talking about quitting the UFC if they sold the company.

Dana is the face of the company. Rogan is next ... they'll get him to stay