[ Endeavor CEO Ari Emanuel’s 2023 pay package totaled $83.9 million, according to the company’s proxy statement today. That includes $65 million in compensation last year as chief executive of TKO Group, the new public company that’s controlled by Endeavor. His Endeavor bundle includes a $4.9 million base salary, a cash bonus of $34.6 million … Read more
[ Endeavor grew revenue 25% last quarter to $1.58 billion, beating forecasts, and shrunk losses to $29 million from $226 million as CEO Ari Emanuel reminded Wall Street that it’s still looking at strategic options – four months after the company said it was evaluating its businesses, and its largest shareholder Silver Lake floated the … Read more
[ Federal authorities are in contact with women regarding recent sexual assault and sex trafficking allegations against Vince McMahon. This latest news, first reported by the WSJ today, comes after a shocking lawsuit by a former employee last week saw the longtime impresario resign as executive chairman of WWE parent TKO Group and step down … Read more
[ WWE is continuing to deal with fallout from sexual abuse allegations facing its former longtime chief Vince McMahon, with shares in parent TKO Group Holdings slipping as investors weigh the potential downside. Shares in TKO fell 4.4% Monday on nearly twice their normal trading volume, closing at $82.73. The stock is well below the … Read more
[ EXCLUSIVE: Slammed by allegations of rape, defecation, sex trafficking and more, Vince McMahon is out at WWE and UFC parent company TKO Group Holdings. “I stand by my prior statement that Ms. Grant’s lawsuit is replete with lies, obscene made-up instances that never occurred, and is a vindictive distortion of the truth,” McMahon said … Read more
[ Longtime WWE sponsor Slim Jim is pausing its promotional activities with the wrestling outfit in light of what it called “disturbing allegations” against its longtime leader, Vince McMahon. Shortly after the sponsorship news was emerging late in the day Friday, McMahon resigned as executive chairman of Endeavor-run TKO Group Holdings. TKO was formed when … Read more
[ Editor’s note: This post contain extremely sexually explicit details from the lawsuit against WWE founder Vince McMahon. UPDATE, 1:51 PM: Following a harrowing sexual assault and sex trafficking lawsuit filed today against wrestling mogul Vince McMahon and World Wrestling Entertainment by a former staff, curernt WWE owners TKO Group Holdings have just now broke … Read more
[ UPDATE, 5:43 PM: Ari Emanuel has received an early Christmas present courtesy of a LA Superior Court judge. Peeved at Wall Street, the Endeavor CEO may be evaluating “strategic alternatives” for the currently publicly traded entity but at least he won’t have to go to mattresses over “theft of …intellectual property” allegations out of … Read more
