All articles tagged with #tko group holdings
Vince McMahon and his insurers will pay $42.5 million as part of a $147.5 million settlement resolving a shareholder lawsuit over WWE's merger with UFC, with WWE contributing $105 million, and the deal—led by Endeavor's UFC via TKO Group Holdings—still awaiting court approval.
TKO Group Holdings disclosed a roughly $30 million loss from UFC Freedom 250 at the White House, noting no live gate and initial costs exceeding $60 million offset in part by sponsorships; despite the one-off expense, UFC revenue rose 29% year over year in Q2 2026 thanks to a new Paramount media-rights deal.
After Conor McGregor’s UFC 329 loss, Logan Paul said the Irish superstar is shifting to WWE because he’s “incapable of fighting.” McGregor, 38, remains under UFC contract with a likely return in 2027 and has teased a BKFC path; WWE and UFC operate under the TKO Group umbrella, and a high-profile McGregor–Paul crossover has been floated but nothing is official.
Donald Trump disclosed purchasing between $15,000 and $50,000 worth of stock in TKO Group Holdings, the parent company of UFC and WWE. White House officials say such trades are guided by advisers. The piece notes an upcoming UFC Freedom 250 event at the White House lawn on June 14 and mentions WWE figures with ties to the administration, illustrating how Trump’s investment intersects sports entertainment and politics.
President Donald Trump disclosed buying between $15,001 and $50,000 of TKO Group Holdings, the UFC’s parent company, on March 25 while actively promoting a White House UFC event for his birthday, prompting critics to call it a conflict of interest and possible self-enrichment; officials say stock trades are managed by advisers and there was no immediate White House comment.
TKO Group Holdings expects the UFC event at the White House on June 14 to cost up to $60 million and anticipates about a $30 million loss, framing it as a long-term investment to grow viewership and subscribers on Paramount+. The company plans to offset roughly half the spend with corporate partnerships and other B2B monetization around the event, even as no fights are yet announced.
The UFC plans a June 14 White House event to mark America’s 250th anniversary, with an estimated $60 million spend described as a long-term investment for earned media rather than profit; corporate partners are expected to offset about $30m. The event would host around 5,000 spectators on the South Lawn and about 80,000 more at the Ellipse, while bouts are not yet confirmed though several big-name fighters have shown interest.
TKO Group Holdings executive Mark Shapiro said Conor Benn’s reported $15 million one‑fight deal with Zuffa Boxing isn’t paid by TKO; the purse is financed by SELA, the Saudi-backed backer. Benn’s signing is described as a one‑fight plan with potential marquee superfights in 2026, with White and Khan leading the effort and Benn not expected to fight regularly on Zuffa Boxing at this time.
Vince McMahon has sold $311 million worth of TKO shares back to the company and Endeavor, bringing his total earnings from stock sales to about $1.5 billion. This comes after his resignation from the board of TKO Group in January 2024 amidst sexual assault and sex trafficking allegations, which he has strongly denied. Meanwhile, WWE's WrestleMania 40 marked the highest-selling single night in WWE history with in-person attendance of 72,755, and Stephanie McMahon made a surprise appearance at the event. Endeavor, which recently announced a deal to go private with private-equity firm Silver Lake, is not including TKO Group in the transaction and it will remain a publicly traded company.
Vince McMahon, former WWE executive, is selling $311.2 million worth of TKO stock to the company and Endeavor, further distancing himself from the sports entertainment firm. This move comes after McMahon's exit from the company in January and follows TKO's acquisition of WWE. The stock repurchase plan will increase Endeavor's ownership stake in TKO, while Triple H has been given creative control and Dwayne "The Rock" Johnson has joined as a board member.
TKO Group Holdings, the parent company of UFC, has agreed to pay $335 million to settle two class-action lawsuits filed by former UFC fighters alleging antitrust law violations. The lawsuits claimed that UFC paid fighters less than they were entitled to and engaged in anticompetitive actions. The settlement will be paid in installments over time and is subject to court approval.
TKO Group Holdings, the parent company of the UFC, has agreed to pay $335 million to settle a lawsuit filed by fighters nearly a decade ago, just before a trial was scheduled to start. The fighters had claimed that the UFC violated the Sherman Antitrust Act by abusing its monopoly power to limit their pay. The settlement will be paid in installments over an agreed-upon period of time and is subject to judicial approval. This comes as TKO, which is 51% owned by Endeavor, faces legal challenges unrelated to the UFC suits, including a bombshell lawsuit against former WWE executive chairman Vince McMahon and a class-action suit alleging a "sham sales process" in the merger of the UFC and WWE.
TKO Group Holdings President Mark Shapiro addressed Vince McMahon's recent stock selloff, stating that the company did not participate and is not in conversation with McMahon. McMahon retired from TKO earlier this year amid sex trafficking allegations, which also involve former WWE Champion Brock Lesnar. The allegations have led to legal action and federal investigation, impacting WWE's creative plans and partnerships.
TKO President Mark Shapiro affirmed that Vince McMahon is not returning to the company after selling $412 million in TKO stock, reducing his holdings to 15 million shares. McMahon abruptly left the board amid a sexual abuse lawsuit and has been distancing himself from the company. Despite his significant role in transforming WWE into a global media enterprise, McMahon has faced allegations of sexual harassment and misconduct, including a recent lawsuit from a former employee, which he intends to fight.
Vince McMahon sold over five million shares in TKO Group Holdings, the parent company of WWE, netting over $400 million. Following the sale, McMahon still owns 15 million shares, about nine percent of TKO stock, and remains executive chairman of the company. McMahon resigned from TKO in January after being named in a sex-trafficking lawsuit and accused of covering up the alleged rape of a former WWE talent.