I got mad last night bidding on a Black Butler pocket watch and that was only $12, so I can't imagine how ornery I would be trying to negotiate a $4 billion deal.
I'll leave that stuff to the big-wig financial firms, like Dalian Wanda Group, China Media Capital, and the Blackstone Group, among others, as well as interest from Robert Kraft, owner of the New England Patriots, all of which are expected to bid on the world's largest (and most profitable) mixed martial arts (MMA) promotion.
See how that came to be right here.
In fact, the final round of offers is expected to end later today (June 16, 2016) and finish north of $4 billion, according to veteran reporter Dave Meltzer, who also revealed in his subscription newsletter that a potential sale would result in a complete transfer of ownership.
As a result, Frank and Lorenzo Fertitta would be out of the picture, but the fate of promotion president Dana White -- a few hundred million richer following the sale -- remains to be seen. It's hard to imagine what UFC would be like without the foul-mouthed fight promoter steering the ship.
We may find out sooner, rather than later.
UFC sale definitely progressing. Terms unclear at the moment, but lots of talk from very reliable sources today. Not 100% done, though.— Ariel Helwani (@arielhelwani) June 14, 2016
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