Category : XBlog
The Ultimate Fighting Championship, which Station Casinos’ Fertitta brothers took from a fringe company as soon as described by John McCain as ‘human cockfighting,’ to a global sports empire, happens to be offered by the brothers for $4 billion.
The championships owner that is new US talent agency WME-IMG, which has been supported into the deal by private equity teams Silver Lake and KKR, since well as the family investment workplace of Michael Dell, founder of Dell computers.
The Fertittas, who can retain minority that is passive in the company, paid simply $2 million for the brand name and its assets in 2001, at a low point for the championships.
Learning to be a Heavyweight
UFC was dogged by accusations of brutality and vilified by politicians at the time, perhaps not least of that has been U.S. that is senior Senator McCain from Arizona, whom helped persuade 36 states to ban ‘no-holds-barred fighting’ and spend per view providers to remove it from their schedules.
It ended up being banned in New York just before UFC 12 was due to kick off, forcing organizers to find a venue that is new in Alabama. New York only lifted that ban earlier in the day this year.
But under the Fertittas’ stewardship, UFC gained a new level of respectability as promoters worked with state athletics commissions to impose brand new rules that curbe