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Old 04-02-2023, 04:55 PM   #1
Evil Vito
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WWE reportedly close to being sold to Endeavor

Would be turning WWE and UFC into a combined, publicly traded company



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Old 04-02-2023, 05:00 PM   #2
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*ahem*
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Old 04-02-2023, 05:00 PM   #3
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what is the "endeavor/ufc playbook?"
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Old 04-02-2023, 05:01 PM   #4
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Better than the Saudis.
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Old 04-02-2023, 05:01 PM   #5
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Quote:
Originally Posted by ron the dial View Post
what is the "endeavor/ufc playbook?"
+1
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Old 04-02-2023, 05:02 PM   #6
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Clicking around, sounds like Endeavor is only buying 51% of the company.

Wouldn't be surprised if Vince won't let it go and he's got the other 49%.
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Old 04-02-2023, 05:04 PM   #7
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Quote:
Originally Posted by ClockShot View Post
Clicking around, sounds like Endeavor is only buying 51% of the company.

Wouldn't be surprised if Vince won't let it go and he's got the other 49%.
vince owns 51%
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Old 04-02-2023, 05:05 PM   #8
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This should be....interesting.
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Old 04-02-2023, 05:06 PM   #9
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Will this change anything about the WWE at all?
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Old 04-02-2023, 05:06 PM   #10
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Gonna laugh when we get a bunch of tweetz tomorrow about "plans change" though.
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Old 04-02-2023, 05:07 PM   #11
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Can't wait for a real Forbidden Door PPV where Punk fights Jon Jones and Bart Gunn fights Tito Ortiz.
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Old 04-02-2023, 05:08 PM   #12
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Quote:
Vince McMahon’s World Wrestling Entertainment is in advanced talks to be sold to Ari Emanuel’s Endeavor Group, the parent company of UFC, according to people familiar with the matter.

A deal could be announced as soon as Monday. UFC and WWE are expected to form a new publicly traded company as part of the agreement, according to the people, who declined to be named due to the confidential nature of the discussions.

Endeavor is slated to own 51% of the new combat sports and entertainment company, while WWE shareholders would get 49%, according to the people. The Endeavor deal gives WWE an enterprise value of $9.3 billion, they said.

Emanuel, a media executive, is expected to act as chief executive of both Endeavor and the new company. McMahon, likewise, is expected to be executive chairman, while Endeavor President Mark Shapiro will also work in the same role at the new company. Dana White will remain as president of UFC, while WWE CEO Nick Khan will serve as president of the wrestling business.

The development comes during the same weekend WWE hosts its flagship live event, WrestleMania, in California. The company has spent the past several months looking for a buyer. McMahon returned to the company as chairman in January to oversee the process. Shares of WWE are up more than 33% so far this year, giving it a market value of more than $6.79 billion.

The deal will effectively end WWE’s decades-old status as a family-run business. McMahon’s father founded WWE in its original incarnation during the middle of the 20th century, and McMahon is the controlling shareholder in the company. McMahon bought the company from his father in 1982. Since then, the company has grown into a global phenomenon, spawing stars suck as Hulk Hogan, Dwayne “The Rock” Johnson, Dave Bautista and John Cena.

McMahon, 77, retired from the company in July following a string of revelations that he paid several women millions of dollars over the years to keep them quiet about alleged affairs and misconduct. His daughter, Stephanie McMahon, became co-CEO alongside Khan. Paul Levesque, who’s both Stephanie McMahon’s husband and the wrestler known as Triple H, took over creative duties from Vince McMahon.

When Vince McMahon came back in January, Stephanie McMahon stepped down and Khan fully assumed the CEO role. The elder McMahon recently locked in a two-year employment contract, according to a securities filing.

Khan in recent weeks has been making the media rounds to discuss the potential sale. He told CNBC’s Morgan Brennan on Thursday that it’s been a robust sale process, drawing many interested buyers.

WWE brings with it a robust media and live events business, along with its decades worth of intellectual property. The company generated $1.29 billion in revenue last year, driven mainly by its $1 billion media unit.

UFC has paid off for Endeavor. Last year, the MMA league helped Endeavor’s sports business make $1.3 billion in revenue. Endeavor’s market cap stood at about $10.53 billion as of Friday’s close. The Endeavor-WWE deal values UFC at more than $12 billion.

WWE, at least at a glance, would also fit well with the cultures at Endeavor and UFC. McMahon has a brash public persona, making him an apparently good match for Emanuel and White, who are also known for their outsized personalities.

White, like McMahon, is no stranger to scandal, either. Earlier this year, video emerged showing the UFC boss slapping his wife during a public argument at a New Year’s Eve party in Mexico. White apologized.
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Old 04-02-2023, 05:08 PM   #13
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Quote:
Originally Posted by Sepholio View Post
Gonna laugh when we get a bunch of tweetz tomorrow about "plans change" though.
the way i understand it this has been cooking for some time. Nothings final until its final. Contract negotiations are delicate as fuck and all that but its more likely than unlikely


https://www.tpwwforums.com/showthread.php?t=139462
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Old 04-02-2023, 05:21 PM   #14
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time to bring swagger back
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Old 04-02-2023, 05:28 PM   #15
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Too bad his bucket hat is All Elite and cant jump ship with him.
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Old 04-02-2023, 05:29 PM   #16
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Quote:
Originally Posted by ron the dial View Post
what is the "endeavor/ufc playbook?"
Immediate assumption people are making is that you won’t be able to get “premium live events” for the nominal cost of a Peacock/Network sub anymore. With UFC you need to pay to be an ESPN+ subscriber AND pay for the big events.

But who knows what it says in the NBC/Peacock contract. Might be a while before we get to this point.
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Old 04-02-2023, 05:32 PM   #17
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yeah they would want the ppv back
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Old 04-02-2023, 05:45 PM   #18
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YAHAR BACK IN BUSINESS MATEYS
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Old 04-02-2023, 05:45 PM   #19
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I don’t think they’re going to bring PPV back. WWE might try and dabble in it anyway, but I think their streaming model is one that is working big for them. Why buck it? WWE and UFC can have different models. There’s also international business to worry about.

If they’re technically the same company (which I find weird), I can see them amalgamating some office jobs after a while. Do you need two executive Vice Presidents of…Live Events, for example?
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Old 04-02-2023, 05:46 PM   #20
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Quote:
Originally Posted by Evil Vito View Post
Immediate assumption people are making is that you won’t be able to get “premium live events” for the nominal cost of a Peacock/Network sub anymore. With UFC you need to pay to be an ESPN+ subscriber AND pay for the big events.

But who knows what it says in the NBC/Peacock contract. Might be a while before we get to this point.
They would be stupid to give that up, it is simple economics. They would have to sell enough PPVs to make up roughly $16.5 million each month. Mania would likely sell enough, and maybe Summerslam and the Rumble, but those other 9 months they would be lucky to make a third of what they are having it on Peacock.

The more interesting thing is the television rights. Selling now was the goal because a buyer like Comcast would then own the shows. Now Endeavor is going to have to still try and get good rights deals for Raw and Smackdown, which I doubt they have the ability to.
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Old 04-02-2023, 05:53 PM   #21
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yeah the big 3 will go back to ppv while the others will stay on streaming
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Old 04-02-2023, 05:56 PM   #22
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How pissed is Tiny Khan going to be when Vince and Dana White are laughing at what a fucking dork he is at a Board Meeting?
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Old 04-02-2023, 06:17 PM   #23
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Quote:
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How pissed is Tiny Khan going to be when Vince and Dana White are laughing at what a fucking dork he is at a Board Meeting?
He won't be because this is obviously a long term play where the merger is finalized and then it's revealed endeavor has been sold to the Khan's and the Jaguars/Fullham teams will also be controlled by this new super company called (Wrath of)Khan Inc.
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Old 04-02-2023, 06:20 PM   #24
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One of the first thing TK does afterwards is announce he is expanding the WWE HoF into the Pro Wrestling HoF, and the first member is Vince with TK presenting. Vince then comes up the stage and TK welcomes him to the new HoF and then gets a crazy smirk on his face and yells "YOOOUUU'RRREEEE FFFFIIIIIRRRRRRRREEEEDDDDD" and has security escort Vince out of the building.
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Old 04-02-2023, 06:23 PM   #25
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LOL come on, Tiny would have a 0% chance of NOT trying to hug Vince
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Old 04-02-2023, 06:27 PM   #26
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Ok he hugs him and then he fires him, fine.
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Old 04-02-2023, 07:01 PM   #27
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My guess is a lot of office staff would be viewed as redundant between UFC and WWE and would get cut.

I am curious to see how UFC fans would feel about Vince 'fake fighting' McMahon being a massive shareholder of UFC.
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Old 04-02-2023, 07:04 PM   #28
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Quote:
Originally Posted by slik View Post
My guess is a lot of office staff would be viewed as redundant between UFC and WWE and would get cut.

I am curious to see how UFC fans would feel about Vince 'fake fighting' McMahon being a massive shareholder of UFC.
This post.
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Old 04-02-2023, 07:14 PM   #29
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Originally Posted by slik View Post
My guess is a lot of office staff would be viewed as redundant between UFC and WWE and would get cut.

I am curious to see how UFC fans would feel about Vince 'fake fighting' McMahon being a massive shareholder of UFC.
WWE is WAY better than Slapfights though, so probably ok with it by comparison.
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Old 04-02-2023, 07:16 PM   #30
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Ariel Helwani about to get banned from WWE by Endeavor
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Old 04-02-2023, 08:23 PM   #31
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Ariel Helwani about to get banned from WWE by Endeavor
Does Endeavor hate him or is it just Dana White?
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Old 04-03-2023, 08:28 AM   #32
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Appreciating the fact that the setup is different depending on location but what do you get other than a load of ancillary shows if you take PLEs off the network? That said, it was something I had listed in my response to a “Fix WWE” thread that I wrote but never posted 3 years ago: premium events (Rumble/Mania/SummerSlam/Survivor Series) become quarterly PPV exclusives with the other 8 monthly specials being included in the subscription.
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Old 04-03-2023, 08:37 AM   #33
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Well the announcement has been made. UFC and WWE to merge and be traded on the NYSE under the symbol "TKO".
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Old 04-03-2023, 08:40 AM   #34
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Old 04-03-2023, 08:51 AM   #35
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Brawl for all 2 incoming
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Old 04-03-2023, 08:52 AM   #36
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Brawl For All actually a good name for a joint WWE/UFC show
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Old 04-03-2023, 09:24 AM   #37
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TKO…interesting.
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Old 04-03-2023, 10:03 AM   #38
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PICTURED: Dana White and Vince McMahon celebrate merger
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Old 04-03-2023, 10:16 AM   #39
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Old 04-03-2023, 10:20 AM   #40
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Is that another fake Vince with moustache pic?
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