Alex Weprin of The Hollywood Reporter reports that Endeavor has bought 100% of the UFC. The news comes as the company prepares for its Initial Public Offering later this year. Sportico reports that Endeavor will be raising $1.75 billion to buy the rest of the UFC. Endeavor and the UFC entered a deal on February […]
Zuffa Sale
Endeavor announces plans for IPO
Sportico broke the news that Endeavor, the owners of the UFC, have filed paperwork for an initial public offering with the Securities and Exchange Commission. You might recall that Endeavor planned an IPO in 2019 but pulled back the launch. According to its 2019 prospectus it had $3 billion in revenue. With the IPO in […]
Lorenzo and Frank cashout their UFC shares per report
Forbes.com reports that Frank and Lorenzo Fertitta have divested fully from the UFC. According to sources from Forbes.com, the Fertittas have sold the remaining shares they owned in the UFC this past August. The Fertittas had 5.8% of the shares in the company WME-IMG purchased last July. With the sale, the Fertittas are no longer […]
16 for 16: No. 1 WME-IMG purchase the UFC
The UFC was sold for approximately $4.2 billion this summer changing the face of the largest, mixed martial arts company. Despite internal and external denials, it was clear that Zuffa was set to sell the company. Perhaps we should have seen this coming the year prior. Subtle changes made to the brand logo and broadcasts, […]
MMA Payout Exclusive: Interview with Burt Watson
MMA Payout had the opportunity to speak with former UFC event coordinator and current Alliance MMA Director of Fighter Relations Burt Watson. We talked about what he did after leaving the UFC, his new job and what he thinks about the UFC sale. MPO: What have you been doing since you left the UFC? Watson: When […]