WWE, UFC Merge, Kind Huge New Firm

The WWE and the UFC are merging into one … now forming a $21 billion firm.

Endeavor, the mum or dad co. of UFC, introduced the transfer on Monday morning … revealing its shareholders will personal 51 % of the brand new org. WWE shareholders, in the meantime, will personal 49 %.

Vince McMahon will maintain the title of Government Chairman of the Board with the brand new group — whereas Dana White will proceed because the President of UFC. Ariel Emanuel, the CEO of Endeavor, would be the head honcho of all of it.

McMahon mentioned in a press release Monday he was thrilled over the information.

“Collectively, we might be a $21+ billion dwell sports activities and leisure powerhouse with a collective fanbase of greater than a billion individuals and an thrilling progress alternative,” McMahon mentioned.

“The brand new firm might be nicely positioned to maximise the worth of our mixed media rights, improve sponsorship monetization, develop new types of content material and pursue different strategic mergers and acquisitions to additional bolster our robust secure of manufacturers.”

The transfer comes following a rocky 12 months for McMahon, who retired as WWE CEO final July — solely to come again in January. On the time of his return, he revealed he would discover all alternatives for a sale of the corporate.