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%. […]
UFC
The Legal Submission 101
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 […]
UFC Fight Night 245 bonuses
UFC Fight Night took place Saturday night at The Apex in Las Vegas. The promotion only gave out 3 Promotional Bonuses instead of the customary 4 due in part to being 9 decisions on an 11 fight card. Darren Elkins and Daniel Pineda earned a Fight of the Night bonus for their bloody battle. Elkins […]
Court calls hearing on proposed settlement in Le case
Could one of the UFC Antitrust lawsuits be finished? According to a minute order issued on Tuesday, a hearing will be heard on October 22nd before Judge Richard Boulware. The hearing will discuss the latest settlement proposal between the plaintiffs in the Cung Le lawsuit against Zuffa. The plaintiffs filed declarations from fighters in the […]