According to a regulatory filing with the SEC, Vince McMahon is selling 8.4 million shares in TKO. The news comes two days after the company announced earnings for the first time since the WWE and UFC merger. The value of the stock is estimated at $700M per The Hollywood Reporter and is just 25% of […]
financial
Silver Lake looking to take Endeavor private
The private equity firm with 71% of the voting power of Endeavor is exploring options to take the company private including purchasing the company per Sportico. However, it is not looking to sell TKO Holdings, the new property which includes the WWE and UFC. Endeavor, which is valued at $8.4 billion, indicates that it believes […]
WWE announces Q1 earnings
On Tuesday, May 3rd, the WWE announced its earning for the first quarter of 2023. Although lower earnings than last year, the company says it still exceeded expectations. Even with the sale to Endeavor and combining with the UFC occurred during this quarter, not much more information was included today than what had been previously […]
SEC filing reveals McMahon’s new compensation
A Securities and Exchange Regulatory Filing filed on Friday reveals that Vince McMahon will be paid $7.6 million in salary and will receive an even bigger upside if the company is sold. Voted on March 29, 2023 and retroactive to McMahon’s return on January 9th of this year McMahon will serve as Executive Chairman on […]