Get ready for some change, folks.
According to some inside talk, the UFC is on the verge of being sold. Here’s ESPN with some insight:
Bidding to buy the UFC is drawing closer to an end, sources told ESPN on Thursday.
The two bid groups, WME-IMG in conjunction with Dalian Wanda Group, and China Media Capital, had similar bids in the $4.1 billion range, sources said.
Sources said that both bidding groups are still trying to completely finance the buyout, which would be for the entire company. Which company ultimately wins out might depend on the details of that financing. Sources say WME co-chair Ari Emanuel has been asking well-heeled investors to chip in $25 million to $50 million.
It is way too soon to speculate how things will change in the short- and long-term, although it seems like Lorenzo Fertitta will be out and Dana White might stay on for a bit. But however this thing flushes out… wow. New owners for the biggest MMA organization in the world. That’s big.