Want more wrestling news, rumors, and results? Be sure to visit PWInsider.com and PWInsiderXtra.com.
Ari Emanuel, the CEO of Endeavor, appeared on CNBC this morning to discuss the company's first quarter earnings for 2023 among other topics, including the purchase of WWE, which is scheduled to officially go through later this year.
On whether he can handle both Dana White and Vince McMahon:
"Actually, I represented UFC before we bought it for over 20 years and the same thing's true with Vince [McMahon]. We have a good relationship...[We will do] what we do with saving some costs, driving some revenue with sponsorship, international sales like we did with UFC, we're going to do 2.0 with WWE."
Thoughts on WWE rights fees:
"Right now, we are concentrating on saving some costs, doing sponsorships which they didn't have, using the same formula we used with UFC in international rights. Their rights are open now or in a year and a half from now. I think [WWE and UFC] are on separate time frames."
On whether they have pushed back closing the deal:
"We are waiting on the DOJ."
If you enjoy PWInsider.com you can check out the AD-FREE PWInsider Elite section, which features exclusive audio updates, news, our critically acclaimed podcasts, interviews and more by clicking here!
Bang On Casino
