-

Former UFC owner Lorenzo Fertitta rumored to be interested in purchasing TNA

There are rumors swirling around that Lorenzo Fertitta, the former owner of the UFC, is in the game to purchase TNA Wrestling from Anthem Sports & Entertainment.

Fertitta, who owns a stake in Red Rock Resorts Inc, and who now runs Fertitta Capital, is a billionaire himself and outright taking over TNA would be a drop in a bucket for him considering he has an estimated net worth of $3 billion.

The 56-year-old and his brother Frank bought the UFC in 2001 for $2 million and sold it for $4 billion just 15 years later to WME-IMG. Fertitta is out of the UFC business having sold his remaining shares in the company in 2021.

All these rumors remain, at this point, unconfirmed. Fertitta is a close friend of Dana White and White is obviously part of the TKO leadership, who along with WWE make up the majority of the TKO organization. WWE has a very close relationship with TNA Wrestling at the moment and is helping the company secure a better television deal, rumored to be either The CW or A&E.


Discover more from Wrestling-Online.com

Subscribe to get the latest posts sent to your email.

Colin Vassallo
Colin Vassallohttps://www.wrestling-online.com
Colin Vassallo has been editor of Wrestling-Online since 1996. He is born and raised in Malta, follows professional wrestling and MMA, loves to travel, and is a big Apple fan!

Stories you might also likeRELATED
Recommended to you

LATEST NEWS

20% discount code available for Backlash 2026 tickets via Club WWE

While Backlash has sold relatively well, there are still hundreds of floor tickets available as well as in other...

Emmy Award nominee Hunter Selby joins WWE as Director of Show Production and Design

Three-time Emmy Award nominee Hunter Selby announced that he has joined WWE as the new Director of Show Production...

Rikishi leaving the KnokX Pro wrestling school he helped establish

WWE Hall of Famer Rikishi announced that he is leaving the KnokX Pro wrestling school, a school he helped...

Discover more from Wrestling-Online.com

Subscribe now to keep reading and get access to the full archive.

Continue reading