TKO Group Holdings, the company that houses the UFC and WWE, announced earning for Q1 which beat analyst expectations. It did post a $249 million loss due to the UFC’s settlement of the antitrust lawsuits filed by former fighters. Yet, TKO announced earnings of $629.7 million and an adjusted EBITDA of $282.2 million. The company […]
WWE
The Legal Submission 84
The Legal Submission 83
McMahon, Khan file to sell TKO stock
Wrestlenomics noted 10 days ago that Vince McMahon and Nick Khan were putting up stock for sale. On Friday, Sportico reports that McMahon was selling the last of his shares in TKO Group Holdings. Khan also filed to sell all of his holdings. This would be the last installment of sales by McMahon who resigned […]
McMahon seeks to move Grant case to arbitration
Vince McMahon’s attorney filed a Motion to Compel Arbitration in the Janel Grant case. Denying the allegations in the salacious complaint, McMahon’s attorneys relied on the Nondisclosure Agreement signed by Grant. McMahon’s central argument is that Grant is bound by the terms of the Agreement she signed it in exchange for a payout totaling $3 […]