Since opening on Wall Street TKO Group Holdings, Inc. has been ascending based on the profits of the UFC and WWE. However, an investment bank, TD Cowen, has given the stock a “market perform” recommendation. Market perform is a neutral assessment that does not imply a strong recommendation to buy or sell. This is in […]
UFC
UFC 300 gets first title fight
Dana White announced via social media that Zhang Weili will defend her UFC women’s strawweight championship against Yan Xiaonan. It will be the first time a UFC title fight has taken place between two Chinese athletes. UFC 300 is set to take place at the T-Mobile Arena in Las Vegas on April 13th. Zhang won […]
Conor McGregor announces fight in June
The long-awaited return of Conor McGregor will happen in June 2024 as part of International Fight Week. McGregor announced via social media that he will be facing Michael Chandler on June 28th in Las Vegas. McGregor announced the fight would be contested at 185 pounds but I think that might be a bit of an […]
Top 10 MMA Business Stories of 2023 – No. 3 Francis Ngannou signs with PFL, boxes his way to relevancy
The sun set on Francis Ngannou’s UFC contract last year which mean that 2023 he was a free agent. He signed on with the Professional Fighters League in May 20223. Via PFL press release: As noted by Bloody Elbow’s John Nash, the deal included a non-exclusive contract to allow him to compete in professional boxing. […]
Top 10 MMA Business Stories of 2023: No. 4 Wondertwin Powers Activate UFC + WWE = TKO
The day after Wrestlemania, Endeavor acquired WWE making it the second biggest purchase this year. The plan was to have WWE and UFC combine to make one new company, TKO Holdings. The deal gave WWE an enterprise value of $9.3 billion. Endeavor would own 51% and WWE owned the remaining 49%. From our writeup in […]