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.
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