WWE Parent Company Interested In Another Top Sports Brand

Endeavor

A new property for WWE’s parent company Endeavor has potentially been revealed, with the Endeavor CEO confirming that a bid has been made.

TKO Group Holdings was officially formed in September, when WWE and UFC were merged to form one publicly trading company under Endeavor.

It has now been revealed that Endeavor has made a bid for the professional golf tour company PGA Tour.

Speaking at the Bloomberg Screentime conference, Ariel Emanuel confirmed that a bid has been made, noting:

“We put in a bid, It’s one of the great sports. I love it. You know, I think we could add to it what we’ve added to all of our sports.”

When asked whether the bid was for a portion of the company or the whole company, Emanuel said:

“You can’t buy the majority.”

The Hollywood Reporter has now reported that TKO bid for 10 percent under the condition that the tour would pay the company $25 million a year.

Ariel Emanuel was recently responsible for a significant change to the WWE creative team, which you can read more about right here.

The date of the first TKO earnings call has been revealed, which you can read more about right here.

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• PGA
• Ariel Emanuel
• TKO
• endeavor
• wwe

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