• Loading stock data...
Saturday, July 5, 2025

Live Events Boost UFC Owner to $1.3B Quarter

  • Endeavor Group saw its Events, Experiences, & Rights segment generate $627.9 million in revenue in Q2 2022.
  • Full-year revenue is projected to range between $5.2 billion and $5.5 billion in FY2022.
Jerome Miron-USA TODAY Sports

Endeavor Group generated $1.3 billion in revenue in Q2 2022, driven by the return of capacity crowds at live sporting events.

The entertainment conglomerate — which owns mixed martial arts promotion UFC and talent agency WME — saw its Events, Experiences, & Rights segment post $627.9 million in revenue — up from $99.2 million for the same period last year.

  • The company’s Owned Sports Properties segment saw revenue reach $331.9 million in Q2 2022, up 28% year-over-year.
  • Its Representation segment posted $358 million in revenue, up $29.7 million compared to Q2 2021.
  • Full-year revenue is projected to range between $5.2 billion and $5.5 billion in FY2022. 

Endeavor announced plans to repay $250 million of debt by the end of Q3 2022. As of June 30, 2022, the company has a total debt of $5.6 billion. 

Gains and Losses 

Last year, Endeavor entered an agreement to acquire sports betting company OpenBet for $1.2 billion, but that number fell to $800 million last month, according to an SEC filing. 

The acquisition has been revised so that OpenBet owner Light & Wonder will now receive $750 million in cash and $50 million in stock. 

On Wednesday, Endeavor agreed to sell its Diamond Baseball Holdings subsidiary — which owns 10 minor league baseball teams — to Silver Lake in a deal valued at $280 million.

DBH owns teams affiliated with the St. Louis Cardinals, Chicago Cubs, and New York Yankees.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Stephen Ross
exclusive

Dolphins Owner Stephen Ross Nears Deal to Buy Nearly Half of Miami..

Ross is set to own a minority stake in the tennis tournament.

Dana White’s Next Frontier: Making Jiu-Jitsu Mainstream

The TKO Group Holdings–owned competition expands once again.
Apr 3, 2022; Arlington, TX, USA; WWE owner Vince McMahon enters the arena during WrestleMania at AT&T Stadium.

Vince McMahon Has Dumped Close to $2 Billion of TKO Stock in..

The embattled WWE founder is fighting sexual assault allegations in court.
Vince McMahon

Former WWE Exec Flips on Vince McMahon in Sex Abuse Lawsuit

Janel Grant and John Laurinaitis announced their settlement Wednesday.

Featured Today

Baseball’s Celebrity Row: Behind MLB’s First-Pitch Ritual

Often planned, sometimes spontaneous, the ritual throw is baseball’s celebrity row.
July 4, 2025

3,000 Hot Dogs, $20K in Prizes: Behind the Nathan’s Eating Contest

Nathan’s serves up thousands of hot dogs and $20,000 in prize money.
July 3, 2025

Geoffrey Esper Can’t Catch a Break at Nathan’s Hot Dog Eating Contest

“Hot dogs is not one of my favorite competitions of the year.”
June 29, 2025

The Battle Over Wimbledon’s Ambitious Expansion Plan

A classic NIMBY standoff on one of the most hallowed grounds in sports.
James Harden

Adidas Posts Big Profits in First Quarter Without Yeezy

Profits and sales are up after selling off remaining Yeezys last year.
Oracle Park
March 18, 2025

S.F. Giants Selling Stake to Private Equity to Pay for Facility Upgrades

The team said the cash would not be used to grow payroll.
March 20, 2025

Nike Struggles Continue, but Signs of Turnaround Appear

The embattled company beats tepid expectations in both revenue and earnings.
Sponsored

Hottest Matchups Following NFL Schedule Release

The NFL released the 2025 regular-season schedule, and anticipation is already building in the ticket marketplace with four months to go.
Aug 11, 2024; Paris, France; Medals are carried out on Louis Vuitton trays after the women's volleyball gold medal match during the Paris 2024 Olympic Summer Games at South Paris Arena
February 16, 2025

LVMH’s New Push: World’s Most Powerful Luxury Group Is Coming for Sports

LVMH is making long-term deals—and they’re not done.
February 14, 2025

DraftKings Turns First Full-Year Profit, Stock Up 47% in 2025

The company’s sports betting business continues to grow despite headwinds.
Billie Jean King
February 13, 2025

Billie Jean King: ‘Billionaires, Not Millionaires’ Are Fueling Women’s Sports Boom

Billie Jean King wants more women involved in team ownership, too.
February 5, 2025

Under Armour’s Desired Turnaround Sees Sparks With Q3 Earnings Beat

The 2010s darling has been struggling to find the right formula.