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UFC Sold for an Eye-Gouging $4 Billion. The Fertittas have actually sold

February 29, 2020 XBlog  No comments

￯﾿テ￯ᄒᆵ￯﾿ツ￯ᄒᄏ￯﾿ツ￯ᄒ﾿UFC Sold for an Eye-Gouging $4 Billion. The Fertittas have actually sold UFC for $4 billion in one of the greatest deals in the past history of sport.

The Ultimate Fighting Championship, which Station Casinos’ Fertitta brothers took from a fringe organization as soon as described by John McCain as ‘human cockfighting,’ up to a global activities empire, is sold by the brothers for $4 billion.

The championships brand new owner is US talent agency WME-IMG, which has been supported in the deal by private equity groups Silver Lake and KKR, since well as the family investment workplace of Michael Dell, founder of Dell computers.

The Fertittas, that will retain passive minority stakes in the business, paid simply $2 million for the brand name and its assets in 2001, at a low point for the championships.

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UFC was dogged by accusations of brutality and vilified by politicians at the time, not least of which was senior U.S. Senator John McCain from Arizona, whom assisted persuade 36 states to ban ‘no-holds-barred fighting’ and spend per view providers to take it off from their schedules.

It had been banned in New York just before UFC 12 was due to start up, 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 curbed a number of its previous excesses, and can deve...

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NBA Commissioner Adam Silver Believes Sports Betting Legalization a Slam Dunk in Coming Years

February 29, 2020 XBlog  No comments

￯﾿テ￯ᄒᆵ￯﾿ツ￯ᄒᄏ￯﾿ツ￯ᄒ﾿NBA Com

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