UFC President Dana White, in response to questions from Aaron Bronsteter of Sportsnet, has stated he is 'zero' concerned about the antitrust lawsuit trial against UFC, which is scheduled to begin on April 15. Despite the trial looming, White maintains that he 'never thinks about it' and insists it has 'nothing to do with him.' The UFC's motion for summary judgment in the lawsuit has been denied.
Reading an interesting biz valuation report on the UFC. Basically concludes that their biggest strength (their near total stranglehold on elite MMA) is also their biggest weakness given the looming antitrust trial.
What parts would they sell off? Their main biz units are— -Representation -Owned sports properties ($TKO PBR) -Events, Experiences & Rights (owned & operated events, OnLocation premium ticket packages, media rights sales) -Data & Tech (OpenBet, Endeavor Streaming Fka NeuLion) https://t.co/NC1oGwZfET
#UFC antitrust trial starting April 15 now
I don’t think selling their stake in $TKO is an option. Per the terms of the Reverse Morris Trust merger with UFC and WWE, Endeavor must own at least 51% of the voting power of the combined entity for at least 2 years. If they don’t, big tax consequences. $EDR https://t.co/67S5IMFsxG
I don’t think selling their stake in $TKO is an option. Per the terms of the Reverse Morris Trust merger with UFC and WWE, Endeavor must own at least 51% of the voting power of the combined entity for at least 2 years. If they don’t, big tax sequences. $EDR https://t.co/67S5IMFsxG
White On Anti-Trust Trial: ‘I Never Think About It, Ever’ https://t.co/VvsJQe3emH
With April trial date looming, Dana White says he's 'zero' concerned about UFC antitrust lawsuit https://t.co/41mWQEk3iL
Silver Lake Management plans to sell parts of Endeavor Group after it takes the entertainment company private, sources say https://t.co/WjZI9dKIJ9
UFC Motion For Summary Judgement Denied in Antitrust Lawsuit https://t.co/WvBM0g0L7O
Hollywood super agent, Ari Emanuel pulling up to the LA Laker’s game in his Gloss Black Cybertruck. He is the CEO of Endeavor Media which owns The UFC & WWE. He has a net worth of 480 million. https://t.co/7RXVH33uNo
Aaron Bronsteter of Sportsnet asked Dana White if he is concerned about the potential UFC trial this year and if it is something he gives a lot of thought to. Dana White: Literally zero. I never think about it, ever. It has nothing to do with me.
Aaron Bronsteter of Sportsnet asked Dana White if he is concerned about the potential UFC trial this year and if it is something he gives a lot of thought to. Dana White: Literally zero. I never think about it, ever. It has never to do with me.
Dana White on UFC potentially going to trial in the antitrust lawsuit: "I never think about it ever. It has nothing to do with me" 🧢 (via @aaronbronsteter) https://t.co/ESWkwPT0vz
Dana White on UFC potentially going to trial in the antitrust lawsuit: "I never think about it ever. It has nothing to do with me" 🧢 https://t.co/hWPuB6Ejqf