WWE UFC Math, Plus The Most 2023 VC Deal of 2023 4/3/23
TechCheck
CNBC
4.5 • 66 Ratings
🗓️ 3 April 2023
⏱️ 6 minutes
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| 0:00.0 | Time for this morning's edition of Tech Check and our dear |
| 0:04.9 | Rosa looking at some of the math on today's M&A which there was a lot of D. |
| 0:10.1 | Yeah I thought we could dig a little deeper into that endeavor, |
| 0:12.6 | W. W. W. D. So it values W. W. E. at 9.3 billion dollars. |
| 0:17.5 | U.S.C. at 12.1. But Wells Fargo calculates U.S.C.'s value significantly lower |
| 0:22.1 | at just 9.4 billion dollars. |
| 0:24.1 | So how do you get to that 12? |
| 0:25.9 | Well this chart really says a lot here. |
| 0:28.0 | That big blank space for UFC, that is the key variable and that will determine what the market is willing to pay for the new company when it does go public. |
| 0:35.8 | So the chart on your screen it represents the average annual contract increases for major sports. |
| 0:40.9 | The NFL TV rights contract, which begins in 2024. It saw a 73% bump |
| 0:46.0 | from the previous one. NBA TV rights signed in 2017 nearly tripled while |
| 0:50.9 | NHL rights that was more recently signed more than tripled. |
| 0:54.6 | So what this also says is that TV rights contracts have been one of the most lucrative investments |
| 0:59.8 | of the last decade. |
| 1:00.9 | Plus, in 2010, total annual TV rights for sports and major |
| 1:04.2 | conferences is at about 6.3 billion dollars this year it's expected to be at |
| 1:08.9 | around 17 billion dollars that is a return of a hundred and seventy percent pretty good but you |
| 1:14.8 | got to consider as well that if you held the S&P you'd be up more than 250 percent |
| 1:18.9 | looking forward though there is the big tech factor that could keep the money rolling in. |
| 1:24.7 | Amazon, Google, Apple, talk about them a lot. |
| 1:26.9 | They're the new entrance in the space and they are paying up Google. |
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