WWE and UFC are about to create history. With the blockbuster announcement back in April about WWE and UFC combining their towering brands to form one sports entertainment company, fans have been waiting to know the actual takeover by Endeavor of Vince McMahon‘s WWE.
Now, in a piece of major news, the actual completion month of the merger has been disclosed.
Updates on the final timeline for the merger completion between UFC and WWE
ADVERTISEMENT
Article continues below this ad
WWE shocked the world when they announced that they would be combining with UFC under one roof to create a $21.4 billion sports entertainment company.
While WWE’s value sits handsomely at $9.3 billion, the higher-ups decided to combine the two fan bases and grow exponentially.
Now, according to the reports by Wrestle Talk, updates have been provided on their merger completion date. According to Endeavor’s press release, we can expect the transaction to close the merger to be done in the month of September.
You can check out the tweet from Wrestle Talk below:
The expected finalisation date of Endeavor's takeover of #WWE and merger with #UFC has been revealed:https://t.co/YkGwbAwyhr pic.twitter.com/HIhk63QIf2
— WrestleTalk (@WrestleTalk_TV) August 8, 2023
If this is true, it’ll be a tremendous deal for WWE in the future. A combined venture would ensure the maximized value of media rights, and enhanced sponsorship monetization.
Also, there are other benefits as well. There could be other strategic acquisitions and content developments going forward. However, the reports also mention that Vince McMahon’s role would grow substantially, making for interesting dynamics in the future.
Despite lessening his role in the company he created, Vince McMahon holds significant power in the wrestling promotion
Vince McMahon and his involvement in WWE post the merger
For those unversed, McMahon announced his retirement from WWE in 2022, after a dominating tenure of 40 years.
However, he made a sudden return in 2023, which primarily was to facilitate a sale between the merger of the two companies. With Triple H in charge as the COO and Head of Creative, WWE has garnered a positive response among the audience for its bookings.
ADVERTISEMENT
Article continues below this ad
But McMahon’s resurgence in the WWE creatives might make things more convoluted. This is because some superstars in the past have expressed their displeasure towards the stale booking decisions.
ADVERTISEMENT
Article continues below this ad
Nonetheless, the merger finalization is only going to benefit both brands. A crossover between the two has already taken place in the past with names like Brock Lesnar and Ronda Rousey. Under the trusted stead of McMahon, WWE is set for bigger and better things after the finalization of the merger.
Watch This Story:- Vince McMahon Gives Himself a Former World Champion’s Nickname After Bagging a Whopping $93 Billion From WWE Sale