Wrestling fans have been dreading or fantasizing about this story forever…and it’s as close as Monday to being finalized.
That’s right the parent company of the UFC is finalizing a deal to become owners of the WWE. The sale price you ask? 9.3 billion! 1/3rd of that in Vince McMahons pocket.
A few details, Vince is now the executive chairman of this company. So a post-wwe without Vince isn’t gonna happen here soon. Endeavor will be 51 percent owner while shareholders control 49 percent. I’d assume a portion of the 9.3 Billion goes into Vince’s pocket directly since he controls 37 percent of the company currently.
This weekend also kicks of TV rights deals for Smackdown, Raw and the Network that expire in 2026. Those deals fetched billions of dollars on their own.
With the potential sale, does this mean Endeavor would be shopping for suitors that will do a PPV model similar to ESPN? I don’t think it does, since WWE PLE subscribers make up over half the subscriber base for peacock. NBC-universal will back up a brinks truck to Endeavor to keep the network, raw and the PLE model intact.
I think for the most part WWE company structure get infused into the Endeavor company, but still will operate atomically. Think like a fancy portfolio brag.
What do you guys think of a potential sale that could be finalized Tomorrow?!
