On Monday morning, World Wrestling Entertainment (WWE) agreed to merge with Ultimate Fighting Championship (UFC) to form a new publicly-traded company that will be listed on the New York Stock Exchange as “TKO.” Endeavor Group will control a 51% stake in the newly formed combat sports and entertainment company, while WWE shareholders will retain the... Continue Reading →
Big 12 Renews Media Rights Deal with ESPN and Fox Worth $2.28 Billion
[1] The Big 12 is finalizing a new six-year media rights package extension with its current partners, ESPN and Fox, worth $2.28 billion.[2] The Big 12 has two years remaining on its current deal, which runs through the 2024-25 season at an annual average of $220 million in its final years.[3] The new six-year extension,... Continue Reading →