A Look At Shane McMahon Possibly Leaving WWE To Run UFC
From the archive: published May 22, 2016, 10 years ago. Details may have changed since.
According to ESPN, talk of UFC being for sale is still circulating. It is estimated that the UFC’s value is between $3.5 to $4 billion. Four potential bidders have been identified. One of those bidders is a Chinese company with no roots to the American sports market. So what would make this Chinese company, or any company for that matter, a stronger candidate? A leader who is in touch with the audience, and the sports-entertainment market, television and pay-per-view.
Enter Shane McMahon.
Yes, that Shane McMahon, heir to the WWE empire and son of the man who single-handedly transformed “pro wrasslin'” into “sports entertainment.”
In November, 2007, WWE was in talks to buy the remains of UFC competitor, Pride Fighting Championships, from Japan’s Dream Stage Entertainment. With his finger more on the pulse of the world outside of pro wrestling than his father, WWE Chairman Vince McMahon, World Wrestling Entertainment was a potential bidder then to enter into the world of mixed martial arts. Instead, Station Casinos, ran by UFC owners Frank and Lorenzo Fertita, bought the rights hoping to operate two separate organizations on opposite ends of the world. The Fertitas discovered that the Japanese audience would be more welcoming to a company with Eastern origins that an American company. Ultimately, the purchase netted UFC the Pride video library and some fighter contracts.
A year later, Shane entered the Asian business market away from the world of wrestling, becoming CEO in two ventures bringing On-Demand video and broadband internet to China. This is what makes Shane McMahon a better talking head than current UFC president Dana White.
White, the Boston Bad Boy, is a ruthless businessman whose bravado may make him the idol of many Americans, but likely turns off executives in traditional Asian countries. All of the deals involving UFC branching outside of the United States, and even in legalizing and regulating mixed martial arts in New York, were led by the more reserved Fertita brothers.
Will White and the Fertitas balk at selling their phoenix that they helped pull from the ashes, to someone with roots in pro wrestling? MMA and pro wrestling, or UFC and WWE are far more similar than either may care to admit. As the pro wrestler, the Million Dollar Man Ted Dibiase used to say, “Everybody’s got a price!”
