With Endeavor buying WWE and merging it with UFC, insight into the importance of the move for Vince McMahon has been revealed.
Speaking on Wrestling Observer Radio, Dave Meltzer explored the business move and called it the “best thing for Vince McMahon”, saying:
“It was the best thing for Vince McMahon. He’s back in power, he’s not going to be replaced unless he wants to.
“And he’s going to be much richer…he now has 19 percent of UFC, which is even more profitable than WWE.
“And his company and UFC are going to be more profitable because they’re going to laying people off and cutting expenses while maintaining the same fixed revenues which are their media rights revenues.
“And, it does make sense to own both because they are similar companies. They are basically the same company just in two different realms, in so many ways, including the way they underpay talent, the way they market things to the consumer, the way they get their revenue.
“UFC is a little bit better with sponsorships, WWE has a little bit higher media rights deals. You know, WWE can run more shows. They both can sell shows to foreign governments.”
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Meltzer would discuss whether Ari Emanuel would negotiate a UFC deal with Saudi Arabia, although the Abu Dhabi deal may prevent such a business move.
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