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Patriots Owner Robert Kraft Part of Group That Reportedly Purchased UFC For $4 Billion
The infamous and sometimes controversial New England Patriots Owner Robert Kraft is part of a group that has bought the UFC for approximately $4 billion.
Robert Kraft paid just $175 million for the New England Patriots back in 1995. The team is now worth about $3.2 billion. Safe to say this is a guy that knows what he’s doing.
“According to Flo Combat, the organization has been sold to an investment group led by the William Morris Endeavor-IMG agency, which includes The Kraft Group and a pair of Chinese-based companies.
The brainchild of Boston native Dana White, UFC has made crossover stars out of fighters like Ronda Rousey, Conor McGregor, and Chuck Liddell, and reportedly grossed over $600 million last year.
White, who reportedly owns nearly 10 percent of the UFC, will stand to net more than $300 million in the sale while being granted an ownership stake and continuing with his role as president and promoter.”
No word if cheating will be allowed in the UFC in the near future.