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Old 06-21-2016, 09:31 PM   #1694
Emperor Smeat
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According to reports, UFC is getting sold for around $4.2 billion

Quote:
Originally Posted by Observer
Jeremy Botter just reported a UFC deal with WME/IMG for $4.2 billion was accepted. As noted, the bids were finalized on Thursday and the two leading bidders, WME/IMG and China Media Capital, were told UFC would get back to them within a few days. So from a timing standpoint, I was expecting this at any time. At this point we have not been able to independently confirm this story but WME/IMG was the favorite for the past week. The story lists Garry Cook as the probable new CEO in the spot formerly held by Lorenzo Fertitta. Cook in that spot had also been expected. The story states Dana White will stay and will also have some ownership interest.
For some comparisons, if the WWE were to be sold right now, they'd be worth in the $1.2 billion to $1.45 billion range according to the Observer.
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