According to Larry Brown Sports, the UFC is up for sale and the Patriots owner Robert Kraft could be getting ready to spend big money to buy the UFC. The original owner bought UFC for 2 million dollars and according to the report, they are looking to sell the bruising sport for 4 billion dollars. That is quite a come up no?
The UFC is for sale, with bids said to be in the $4 billion range. ESPN reports that WME-IMG and Dalian Wanda Group, as well as China Media Capital, are competing to purchase the MMA company.
The interesting part is that WME’s bid is being financed by multiple investors, including apparently The Kraft Group.
The Kraft Group is a large, private company that owns the Patriots, the New England Revolution, Gillette Stadium, and invests in many other smaller companies. A small ownership stake in the UFC would just be a minor part of their extensive portfolio.