“Vince is a savage, Ari is a beast” – Dana White ecstatic with new WWE deal; looks forward to limitless accomplishments

UFC and WWE to merge under one parent company, Dana White and Conor McGregor comment...

“Vince is a savage, Ari is a beast” – Dana White ecstatic with new WWE deal; looks forward to limitless accomplishments

Two of the biggest sports entertainment companies, the WWE and the UFC, have fanbases numbering millions all over the globe. Recently, Vince McMahon sold WWE to Endeavor Group Holdings to create a new parent business that would combine WWE and the UFC under a single umbrella.

The two giants will together form a $21.4 billion sports entertainment company. Endeavor Group Holdings takes 51% of the controlling interest while 49% will be retained by WWE shareholders.

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The enterprise value of the UFC stands at $ 12.1 billion and WWE at $9.3 billion. Vince McMahon, formerly the executive chairman of WWE, will hold the same position at the new firm, which will be led by Endeavor CEO Ari Emanuel. Dana White remains President of the UFC while Nick Cann will serve as president of the WWE.

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The merger will be completed towards the latter half of 2023. In July 2016, Endeavour acquired the UFC after which the organization has seen a major surprise in revenue and innovation. The company seeks to do the same with the acquisition of the WWE.

Related: UFC and WWE crossover: Everything you need to know about Endeavor’s new deal

Dana White comments on the merger of the UFC and WWE

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(Image source: Twitter)

Dana White, who will continue to serve as UFC President and will join the board of the newly formed company, released a statement on the merger.– “This company has been on fire for the last seven years and now that we will be adding WWE to the portfolio, I am excited to take this to another level.“

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(Image source: Twitter)

Conor McGregor, a megastar and widely considered the face of the UFC took to Twitter to congratulate on the new merger. “Congrats to the @ufc now worth a cool Proper $12bn. Wow! Endeavor bout to scoop the @WWE now also. Incredible. What a powerhouse!” he wrote.

Conor McGregor appears to think that there is now a tremendous chance for upcoming crossover deals as a result of the merger. He posted a photo of himself wearing the WWE and UFC championship rings on opposite arms. With millions of devoted fans of both organizations now invested in the same timeline, such crossovers will prove to be very lucrative business endeavors in the future and also draw a new demographic.

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