As incentive to deliver an undercard worth watching, Dana White announced earlier this week that he would award $100,000 bonuses for the Performance of the Night and Fight of the Night. Although it was not made clear at the announcement on Friday, it appears that the $100K would be from Turki Alalshikh and not necessarily […]
Report: Wrestlemania 43 to Saudi Arabia
Rumors are swirling that the 2027 Wrestlemania will be held in Saudi Arabia. Cageside Seats reports that a deleted Snapchat by Turki Al-Sheikh which indicated that “Wrestlemania 43 will be the first-ever outside of the United States or Canada.” WrestleMania 42 will take place for the second straight year in Las Vegas this April. The […]
Shapiro talks UFC media rights at Goldman Sachs Conference
TKO head Mark Shaprio spoke at a Goldman Sachs conference on Wednesday discussing the success of the TKO properties. Shapiro gave a post-transaction report on how Paramount+ and CBS earned the rights for UFC. Shapiro indicated that ESPN was “always in the mix” but when it became clear that the company would double its rights […]
CSAC holds hearing on Ali Act bill
On Tuesday at its monthly meeting, the California State Athletic Commission held open comment on the Muhammad Ali Boxing Revival Act. The comments were strongly against supporting the bi-partisan bill. As a result, the commission held off support for the bill. The bill was introduced into Congress by Georgia Republican Brian Jack and co-sponsor Kansas […]
TKO doubles dividend for investors
Sportico reports that the parent company for the UFC and WWE, TKO, will double its dividend to Class A shareholders. The increase means the next quarterly payment will be $0.76 a share. The dividend will return $150 million in capital to shareholders according to TKO. The news comes after the UFC signed a $1.1 billion […]