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
Tornado Victims, Jan. 6 Texts & Golden Globe Noms
Carlo and Baker discuss the latest revelations from the Jan. 6 investigation, the Biden administration's efforts to cut government red tape and more.
Beijing Winter Olympics Presents Challenges for U.S. Athletes After Diplomatic Boycott
Rachel Bachman, senior sports reporter at the Wall Street Journal, joins Cheddar News' Closing Bell, where she explains how U.S. athletes have been inserted into the middle of a political debate after the country declared a diplomatic boycott of the upcoming Olympic Games in Beijing.
Florida's Seminole Tribe Suspends Online Sports Betting App After Federal Court Ruling
The future of gambling in Florida recently suffered a major setback after a federal appeals court rejected a request from the state and the Seminole Tribe to allow online sports betting in the state. Now, the tribe has been forced to stop taking bets on its Hard Rock sportsbook app. ESPN gaming writer David Purdum joins Cheddar News' Closing Bell to discuss what this could mean for the future of sports betting in Florida.
The Future of Sports Betting With John Atkinson
The potential growth for the sports betting industry is almost unfathomable. what will the future of sports betting look like, and how did we get here? John Atkinson, director of business development at 888 Holdings, joins Cheddar News to discuss.
CEO of DraftKings on 'Responsible Gaming' and 2021 Company Milestones
What began as a one-on-one fantasy baseball competition back in 2012 is now one of the biggest American daily fantasy sports contests and sports betting operators in the world. JD sat down with Jason Robins, CEO of DraftKings, to talk about the company's milestones and future endeavors.
Five-Time NFL Pro-Bowler Demaryius Thomas Found Dead
Former Denver Broncos wide receiver and five-time Pro Bowler Demaryius Thomas was found dead at the age of 33. Thomas officially retired from the NFL in June, ending his playing career with the New York Jets in 2019.
Biden Boom, Jussie Guilty & Love, Hate, Ate
Carlo and Baker wrap up the week talking about the Biden economic boom that no one seems to notice, a verdict in the Jussie Smollett case, the first Starbucks union in America and the pleasures of the "dude nod."
Cheddar Bets: Playoff Races Heat While Weather Cools Down Entering Week 14
Olivia Harlan Dekker dissects the Week 14 NFL slate and makes her picks for the week's top games, while Frank Schwab discusses the impact of bad weather on betting lines. Meanwhile, Alex Christenson dishes out his insights when it comes to betting on the NBA. Sponsored by BetMGM
Cryptocurrencies Plunge One Day After House Committee Hearing
Russ Davis, Crypto Consultant and Educator at consulting firm In Russ We Trust Crypto, joins Cheddar News' Closing Bell, where he explains why now is a time to buy low on cryptocurrencies as investors are still reacting to the latest testimonies.
