Report: UFC sale completed to William Morris Endeavor-IMG

Discussion in 'MMA - Mixed Martial Arts' started by speeds, Jun 14, 2016.

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  1. speeds

    speeds $2.50 highball, $1.50 beer Staff Member Administrator GFX Team

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    speeds, Jun 14, 2016
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  2. speeds

    speeds $2.50 highball, $1.50 beer Staff Member Administrator GFX Team

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    speeds, Jun 16, 2016
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  3. speeds

    speeds $2.50 highball, $1.50 beer Staff Member Administrator GFX Team

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    Josh Gross is saying that Lorenzo Fertitta is done with the UFC and wants to get back into gambling and maybe trying to bring the Raiders to Las Vegas.

    DFW owns somewhere like 12% of the company. Flash Ent. owns about 10%. The Fertitta's own the rest. After paying down whatever debts they carry, all these guys make out like kings.
     
    speeds, Jun 16, 2016
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  4. speeds

    speeds $2.50 highball, $1.50 beer Staff Member Administrator GFX Team

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    The most likely scenario has Dana White staying on with the company in his current role but he will give up his stake in the company.
     
    speeds, Jun 16, 2016
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  5. speeds

    speeds $2.50 highball, $1.50 beer Staff Member Administrator GFX Team

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    Patriots owner Bob Kraft is a minority partner in one of the bidding groups.
     
    speeds, Jun 16, 2016
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  6. JFizzleRaider

    JFizzleRaider Yeast Lords Global Moderator

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    Yeah if it sells for 4 billion, they were saying dana will get like 360 million with his ownership stake.

    Will be hard for the guy to be motivated the 3-5 years he contractually would have to stay (if the company was smart) making maybe a $2 million per year salary.
     
    JFizzleRaider, Jun 16, 2016
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  7. speeds

    speeds $2.50 highball, $1.50 beer Staff Member Administrator GFX Team

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    One of the people bidding is Ari Emmanuel, the bombastic (aka. massive dickhole) brother of Rahm, and inspiration for the character from Entourage. How appropriate given that Jeremy Piven and the other Entourage douches frequent UFC events.

    Trading DFW for Ari Emmanuel is enough to get a fantasy GM fired.
     
    speeds, Jun 16, 2016
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  8. Mamba

    Mamba The King is Back Staff Member Global Moderator

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    I've got a feeling we are going to see a lot more fan favorite fights.
     
    Mamba, Jun 16, 2016
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    JFizzleRaider likes this.
  9. JFizzleRaider

    JFizzleRaider Yeast Lords Global Moderator

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    Lol. People will be even more pissed at conor being the teachers pet now
     
    JFizzleRaider, Jun 16, 2016
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  10. Mamba

    Mamba The King is Back Staff Member Global Moderator

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    I wonder if new owners would be open to doing Grand Prix and tourneys...
     
    Mamba, Jun 17, 2016
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  11. speeds

    speeds $2.50 highball, $1.50 beer Staff Member Administrator GFX Team

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    speeds, Jun 18, 2016
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  12. Mamba

    Mamba The King is Back Staff Member Global Moderator

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    Botter is all over this. Nice.

    Thank you Fertittas, you did a lot for the sport. Hopefully these fuck heads don't ruin it.
     
    Mamba, Jun 18, 2016
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  13. Mamba

    Mamba The King is Back Staff Member Global Moderator

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    Botter also reporting that the rumors about the Feetittas being involved in bringing the Raiders to Vegas is 100% true.

    The winning bid is expected to be the group with Patriots owner Kraft involved.
     
    Mamba, Jun 18, 2016
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  14. Mamba

    Mamba The King is Back Staff Member Global Moderator

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    According to Jeremy Botter, the bid has been accepted.
     
    Mamba, Jun 20, 2016
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  15. Mamba

    Mamba The King is Back Staff Member Global Moderator

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    Mamba, Jun 20, 2016
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  16. speeds

    speeds $2.50 highball, $1.50 beer Staff Member Administrator GFX Team

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    Well this is pretty fucking huge news.

    I wonder what kind of transition period they are planning. Doing this right before UFC 200-- maybe that is Zuffa's last show?
     
    speeds, Jun 20, 2016
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  17. speeds

    speeds $2.50 highball, $1.50 beer Staff Member Administrator GFX Team

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    It becomes much more important for Bellator to do well.

    Companies run by shareholders tend to be ruthless.
     
    speeds, Jun 20, 2016
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  18. speeds

    speeds $2.50 highball, $1.50 beer Staff Member Administrator GFX Team

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    http://www.flocombat.com/article/42...ompleted-to-william-morris-endeavor-led-group

    Despite proclamations to the contrary by the promotion, sources have indicated the UFC has indeed been sold by long-time owners Zuffa LLC to an investment group led by the William Morris Endeavor-IMG agency.

    Multiple sources confirmed the news to FloCombat early Wednesday morning. Text messages to UFC President Dana White and Vice President of Public Relations Dave Sholler requesting comment went unanswered as of press time.

    Our sources said that the basics of the deal was finalized during a dinner meeting in Hollywood last Sunday between Lorenzo Fertitta, Ari Emanuel—the CEO of WME-IMG and one of the most powerful men in entertainment—and other UFC and WME-IMG executives. The exact sale figure is not known at this time, though FloCombat sources indicated it is in the range of $4 billion US dollars.
     
    speeds, Jun 22, 2016
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  19. speeds

    speeds $2.50 highball, $1.50 beer Staff Member Administrator GFX Team

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    ^ Botter says the UFC threatened him with legal action for his reports so, obviously, he's going the right way.
     
    speeds, Jun 22, 2016
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  20. Mamba

    Mamba The King is Back Staff Member Global Moderator

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    Word is the UFC Sale is complete but Zuffa wanted to wait for fight week UFC 200 to announce it.
     
    Mamba, Jun 22, 2016
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