The WWE and Endeavor, the parent company of the Ultimate Fighting Championship, announced a major deal to merge the businesses. Cheddar News reporter Michelle Castillo reported on the staggering $21.4 billion merger and the implications it will have going forward. "Under the deal's terms, Endeavor will have a 51 [percent] majority stake in the company and the WWE will own the remaining 49 percent," she said.

Share:
More In Sports
MLB Star Shohei Ohtani Breaks Record for Most Lucrative Contract
Shohei Ohtani's jaw-dropping deal with the Los Angeles Dodgers has some similarities to other contracts for the world's biggest sports stars, including soccer icons Lionel Messi and Cristiano Ronaldo, along with NFL quarterback Patrick Mahomes. But in terms of his marketability, experts point to another name. The real comparison? Try Taylor Swift.
Load More