UFC or Ultimate Fighting Championship has been spending its reserves to bankroll celebrity investors despite their players grieve that they are underpaid as per sources.
The blend of martial arts has sanctioned a whopping sum of $300 million shares to UFC’s celebrity investors which includes Mark Walberg, Charlize Theron, Gisele Bündchen, Ben Affleck and tennis stars like Serena Williams and Venus Williams and so on.
An approximate of $300 million will be given to Endeavor entertainment firm which is managed by Hollywood agent Ari Emanuel who has a share of 50% stake in UFC since 2016 for worth $4 billion. The firm also owns Hollywood talent agency WME, IMG media agency and Miss Universe Pageant.
Mark who is the producer of “Entourage and Boardwalk Empire” is expected to get a sum of around half a million share as per sources. Meanwhile, the Brazilian model Gisele is supposed to get $145,000.
Other shareholders are “UFC president Dana White, Endeavor CEO Emmanuel, and Endeavor executive chairman Patrick Whitesell, Former-husband of Jeff Bezos gal pal Lauren Sanchez,” and they will get a share of $3 million each.
Other than this, UFC equity backup KKR and Silverlake who has a share of 42% with Endeavor will also source in.
This is the first time that UFC had shared the payments as Endeavor has brought half of the share.
As per a financial report: “Most of the time when you do a dividend, you don’t distribute your entire balance sheet, and If you were going to dividend out 10 percent of your cash, that would be an ordinary course. If you were going to dividend 90 percent of your cash, that’s not.”
However, UFC will have only $50 million as it has to face its new competitor MMA.
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