UFC Sells for $4 Billion: Biggest Sports Purchase of All Time

Ultimate Fighting Championship has some new parents. The fighting company, founded in 1993, was bought for $4 billion by talent agency WME-IMG and, per ESPN, "its owner Silver Lake Partners, Kohlberg Kravis Roberts and MSD Capital, the investment firm of Michael Dell." The article also says the UFC purchase is "the most expensive transaction for an organization in sports history." UFC was previously bought for $2 million in 2000.

The co-CEOs of WME-IMG, Ari Emanuel and Patrick Whitesell, stated that they're "now committed to pursuing new opportunities for UFC and its talented athletes to ensure the sport's continued growth and success on a global scale."