The UFC is being sold
- Thread starter OfTheCross
- Start date
They'd have to be incredibly stupid and colossal fukk ups to ruin the UFC. The fanbase is there and 4 billion is a hefty amount of money to spend if your sole intention is to use it as a toy. The people interested are more than likely knowledgeable about the sport or they wouldn't be in the market for it.
That's exactly what it sounds like to me as well. People said boxing would die after all the stars in 80s, same things was said about Tyson, mayweather, etc.. While boxing doesn't have that "#1 SUPERSTAR" I think the sport is a relatively good space, it would be much better if the HW division came back with a force but it's been gone for a while.
Dana being brash and a ultimate salesman has said in the past boxing is dead, ufc will take over. While the sport is becoming more mainstream, it is still in a infant stage, maybe the powers to be feel they have topped out money wise. They damn sure aren't giving it to the fighters, they have a monopoly on the sport so it's not like boxing were guys can chase bigger checks and be their own boss in certain ways make the fights they want.
If al haymon/mayweather did buy the UFC but took more of a hands off approach than dana and became more transparent about the money fighters are getting then the brand will continue to grow, if not then America's attention span will go elsewhere and all of those guys from jon jones on down will be forgotten...
Boxing will never die. Combat is the only thing humans can identify with universally across all races.
Willy Waffle
Willy Da Waffleman
Station casino just bought the Palms Hotel for 312M today, the shyt is all over the news out here. the stations is strong out here because it caters to the locals, adding the palms was a helluva move.
i was at a charity banquet this weekend and spotted lorenzo ferrtita. i was out in the hall on my phone checking the khan-canelo results and as he walked by i nodded my head and nodded back. I'm sitting there thinking, don't ufc got a big card in amsterdam tomorrow
so why the fuk aint he there? at the same time dana been doing the same thing as well. all this shyt makes sense and lorenzo also said he wanted to own a football team as well in the future.im curious if the ufc went under new ownership, would the reebok deal still be honored? will the check book be opened up for fighters?
also, the company aint worth no damn 3-4 billion?
#SOG_soldier
New York knicks and phoenix suns stan
Cacs ain't dumb Enuff to pay to see nikkas wrestle not surprised.
NaijaProdigy Redux
Veteran
mad flip
if the estimations of 4 billion are correct then it's a 2000x come up
the rich STAY getting richer
Another thing to keep in mind is that if the existing investors (i.e. Fertittas, Dana White, etc) actually believe in the UFC's long-term prospects, they can monetize some of their equity and take some cash off the table but roll the remaining equity into the new structure and maintain the 5-7 year upside if a private equity firm is able to grow the business at the top-line and deleverage the capital structure.
Screwface Exchange
All Star
Station casino just bought the Palms Hotel for 312M today, the shyt is all over the news out here. the stations is strong out here because it caters to the locals, adding the palms was a helluva move.
i was at a charity banquet this weekend and spotted lorenzo ferrtita. i was out in the hall on my phone checking the khan-canelo results and as he walked by i nodded my head and nodded back. I'm sitting there thinking, don't ufc got a big card in amsterdam tomorrow
im curious if the ufc went under new ownership, would the reebok deal still be honored? will the check book be opened up for fighters?
also, the company aint worth no damn 3-4 billion?
Yes reebok deal would still be honored all deals and contracts signed by ufc are still official. The biggest changes that could happen wld be 1st, wld new ownership retain dana as president or wld dana even want 2 stay on as pres. 2 if the fertittas sold their ownership stake it doesn't mean that dana is selling his stake as well. 3. Say if a China or Japanese firm purchases the ufc will they move it back 2 Japan and be like pride 2.0 and doing more fights in Japan and very few abroad.
Also does the new arena in Vegas change things. Less fights at mgm grand arena and palms and maybe less profits or side deals because of the change. Who knows.
Right, a hedge fund is gonna come in and make the UFC better, cause that's what hedge funds do
A better idea would be to take the UFC public if they really wanna cash out. But the UFC ain't worth 3-4 billion. Even 1 billion is generous, I'd say it's in the range of 250-500M tops. But some stupid Chinese guy is gonna pay 1 Billion for bragging rights because he can 
Dana claims it's all 
As noted, Darren Rovell of ESPN reported this evening that the UFC was in "advanced talks" to sell the promotion. According to the report, at least four bidders have submitted offers to purchase the company, including WME/IMG, The Blackstone Group, China Media Capital and Dalian Wanda Group. It was noted that the winning bid will be in the $3.5 billion - $4 billion range, with the Chinese-based Dalian Wanda Group being in the lead. UFC President Dana White responded to the report, telling The Las Vegas Review Journal that the story is "overblown."
"The UFC is not for sale," White said. "The ESPN story is overblown. Darren Rovell is not a fan of facts. His facts could not be further off."
Darren Rovell's response:
As noted, Darren Rovell of ESPN reported this evening that the UFC was in "advanced talks" to sell the promotion. According to the report, at least four bidders have submitted offers to purchase the company, including WME/IMG, The Blackstone Group, China Media Capital and Dalian Wanda Group. It was noted that the winning bid will be in the $3.5 billion - $4 billion range, with the Chinese-based Dalian Wanda Group being in the lead. UFC President Dana White responded to the report, telling The Las Vegas Review Journal that the story is "overblown."
"The UFC is not for sale," White said. "The ESPN story is overblown. Darren Rovell is not a fan of facts. His facts could not be further off."
Darren Rovell's response:
NaijaProdigy Redux
Veteran
Right, a hedge fund is gonna come in and make the UFC better, cause that's what hedge funds do
UFC is not a good IPO story - not right now at least. Plus they'll get locked up so they won't get to monetize immediately.
Most sports / entertainment deals recently are getting done at 15x+ EBITDA so it makes sense for them to just sell because some dude will pay an outrageous multiple. If they actually believe in the story they can keep some equity on the back-end
krackdagawd
Inspire.
Tide Run This
Veteran
I'll take Dana word over that fukkboy Darren Rovell