Sports Business Journal reports that the TKO Group (owners of WWE and UFC) are set to purchase Professional Bull Riders, On Location, and IMG in an “all-equity transaction valued at $3.25B” from Endeavor. The transaction is expected to close in the first half of 2025. Endeavor’s ownership in TKO will increase from 53% to 59%. […]
The Legal Submission 102
The Legal Submission 101
Judge Boulware preliminary approves Le antitrust settlement
On Tuesday, Judge Richard Boulware preliminarily approved the Le antitrust settlement of $375 million for the plaintiffs. The plaintiffs will receive between $240 million and $260 million after attorney fees and costs per Paul Gift who was in the courtroom. The Cung Le antitrust settlement is preliminarily APPROVED. Over the next year the #UFC will […]
Cody Rhodes sued for American Nightmare Trademark
A musician in California is suing Cody Rhodes for his use of the “American Nightmare” mark. The musician had entered into a settlement agreement with the WWE superstar but he claims that WWE and its vendor, Fanatics intentionally violated the contract. The lawsuit was filed by musician Wesley Eisold in the U.S. District Court for […]