According to a report by the New York Post, Endeavor employees are upset with the payout received by Ari Emmanuel. As a result of the UFC’s big quarter, Emmanuel benefited from the payout. The story indicates that stock options issued to Endeavor employees were diluted to a point where they held no present value. Endeavor […]
financial
ATT gets into NIL space
American Top Team will be offering Name, Image, Likeness contracts to every University of Miami scholarship football player according to the Sports Business Journal and Gary Ferman of Canesport.com. At the beginning of the month, college student athletes were allowed to solicit their Name, Image and Likeness for monetary compensation. Previously, this was forbidden by […]
McGregor sells majority stake of Proper 12 Whiskey
Conor McGregor has sold his majority share of Proper 12 Whiskey in a deal worth up to $600 million per the Shanken News Daily. McGregor, his agent Audie Attar and partner Ken Austin sold their stake in the spirit brand to Proximo Spirits, a company that owns Jose Cuervo. According to the outgoing founders, the […]
Endeavor files full prospectus with SEC as it seeks to raise $511M
On Tuesday, Endeavor filed its full prospects with the Securities and Exchange Commission. The company has valued WME and the UFC at about $10 billion. It intends to raise about $511 million with its IPO with anticipated shares going between $23-24 per share. In addition to the public shares, it is doing a private offering […]
BKFC announces Pension Plan for fighters
Late last week, Bare Knuckle Fighting Championship announced a Pension Plan for fighters competing in BKFC. Plans for the pension plan will commence on April 30, 2021. “We want to ensure that they are compensated not only on the night of the fight but also looked after in retirement,” explained BKFC President Dave Feldman in […]