NEWS

UFC Sold for $4 Billion USD in Largest Single Deal in Sports History

After weeks of speculation, reports and denials, the Ultimate Fighting Championship (UFC) appears poised to announce it has been sold for the hefty price-tag of $4 billion USD making this the largest single deal in the history of sports. The league, which promotes mixed martial arts, is expected to announce as soon as Monday that it has sold itself to a group led by the talent giant WME-IMG. (more…)

NEWS

Serena Williams loses out on $380,000 because of Brexit

Count tennis champion Serena Williams among those who have lost money in wake of last month’s Brexit vote. Williams beat Angelique Kerber 7-5, 6-3 in Saturday’s Wimbledon final, her 22nd major title, tied with Steffi Graf for most in the Open Era. The winner’s prize is worth $2.59 million when converted to U.S. dollars, about $380,000 less than it was worth a few days before the tournament, on the eve of the U.K.’s vote to leave the European Union. (more…)