WWE SOLD TO ENDEAVOR (Bid for Endeavor soon? p. 48)

[Mayonnaise]

Made official this morning:
twitter.com/Endeavor/status/1642844890152435713
www.cnn.com/2023/04/03/business/wwe-sale

Endeavor owns 51%, WWE shareholders get 49%.
Vince third in power, Nick Khan 4th
Will be new publicly traded company combined with UFC.

To add, the new company did not yet have a name. It will be listed on as NewCo and under the ticker symbol TKO on the NYSE when ready.

[Jacy Derangement Syndrome]

[CMWaters]

End of an era.

Whether that's a good or bad thing remains to be seen.

[Jacy Derangement Syndrome]

Me when it was 21 billion but then it wasn't and good god that's still an absurd amount of WCWs 

[eJm]

I’ll post what I said in the previous thread:

Whole kinds of changing and expanding seats likely down the line but to put it in our terms, Nick Khan is still president, Vince is still executive chair and they’ll be reporting to Ari Emanuel and Mark Shapiro, CEO and president respectively of whatever this new company will be with UFC.

As an aside, I’m bummed. For as much as we rag on WWE, they were one of the few independent entities not swallowed up by a big conglomerate for the means of making money over not much else and even with WWE doing everything in the past few years to make them friendly to those entitles, it’s still sad to have a lot of pro wrestling history just locked away as “content” or “IP” that may never be shown as significant because of the obsession these places have with new.

And as mentioned, a lot of people are going to be losing their jobs and with the amount of jobs WWE’s cut up and down the company the last three years or so, they’ll practically be bare bones.

[MrElijah]

Apr 3, 2023 6:41:30 GMT -5 Jacy Derangement Syndrome said:

JESUS f***ING CHRIST I JUST SAW THE 21 BILLION DOLLARS OF IT ALL

So do everyone wear and wrestle in top hats & monocles?

[Jacy Derangement Syndrome]

I think that is several thousand WCWs

[mo]

Never thought I’d see the day. Gonna make things very interesting going forward.

[Push R Truth]

So the entire WWE sold for half of Del Rio's old contract?

[Mayonnaise]

Had to correct title. WWE is 9.3 billion, UFC is 12, combined the new company is at 21. Also, Vince McMahon is Dana White's boss.

[Mayonnaise]

Apr 3, 2023 6:44:13 GMT -5 Jacy Derangement Syndrome said:

I think that is several thousand WCWs

About 3,100 of them.

[ssdrivin]

That makes WWE worth slightly less than 4 Minecrafts.

If I'd known that I'd have bought it myself.

[eJm]

5 billion more than what Disney brought Marvel for and 3 billion more than what they brought Pixar for.

For other stat fans, I mean.

[Xxcjb01xX [PIECE OF: SH-]]

Yep, ESPN just announced it

The fallout from this is gonna be interesting, idk if it's gonna be in any good ways, but given how the mood is in a crater from Mania, it's not gonna be a high bar to clear lol

Guess we'll see how much of this is addressed on RAW and how much might start immediately changing

[Jacy Derangement Syndrome]

I just wanna say that I was almost gonna post something in the thread about Wrestlemania's advertisements about how I'm glad WWE doesn't have as shady sponsors as the UFC does with shit like Stake 2 days ago but an indescribable cosmic force said queen this won't age well

[Xxcjb01xX [PIECE OF: SH-]]

Hopefully Shane McMahon coming out to "HERE COMES THE MONEY!" just for everything to immediately go wrong isn't an omen for this lol

[EoE: Well There's Your Problem]

F***ing hell, that’s quite the bag.

[Push R Truth]

Apr 3, 2023 6:53:48 GMT -5 Jacy Derangement Syndrome said:

I just wanna say that I was almost gonna post something in the thread about Wrestlemania's advertisements about how I'm glad WWE doesn't have as shady sponsors as the UFC does with shit like Stake 2 days ago but an indescribable cosmic force said queen this won't age well

WWE will be advertising snake oil, magic silver water and Arby's within 2 weeks.

[Lizuka #BLM]

I do appreciate this going ahead and being official when I'm already in a, "F*** WWE," mood to begin with.

[Jacy Derangement Syndrome]

Apr 3, 2023 7:01:37 GMT -5 Push R Truth said:

Apr 3, 2023 6:53:48 GMT -5 Jacy Derangement Syndrome said:

I just wanna say that I was almost gonna post something in the thread about Wrestlemania's advertisements about how I'm glad WWE doesn't have as shady sponsors as the UFC does with shit like Stake 2 days ago but an indescribable cosmic force said queen this won't age well

WWE will be advertising snake oil, magic silver water and Arby's within 2 weeks.

The eventual person to beat Roman Reigns will do so after intense lessons from Grant Cardone on how to 10x his life