Endeavor CEO Ari Emanuel was a guest on CNBC earlier today to discuss the Endeavor Group’s first quarter financial results.
During the appearance, Emanuel provided an update on the sale of WWE and how things are progressing at the current time.
You can check out some highlights from the interview below:
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.”
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 the status of closing the deal: “We are waiting on the DOJ.”
