-

TKO Group CEO Ari Emanuel received $64.9 million pay package

Deadline.com is reporting that Ari Emanuel, the CEO of TKO Group Holdings, received a pay package valued at $64.9 million in 2023.

TKO is the parent company of both WWE and UFC and was created this past September when Emanuel, through his Endeavor company, took over WWE.

Emanuel has a base salary of $911,000, a cash bonus of $24 million, and stock awards valued at $40 million.

His right hand man, TKO COO Mark Shapiro, has a package worth $16 million.

“The compensation committee noted revenue, adjusted EBITDA gains, cost reduction, strong turnout for UFC and WWE live events, and a set of media rights deals for WWE, including a long-term deal with Netflix,” Deadline writes.

Emanuel will now add a private jet to his collection as well as part of Endeavor’s sale to investors Silver Lake. Silver Lake is purchasing Endeavor for $13 billion but will not include TKO Group.


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

Brody King and Buddy Matthews file trademark applications for new names

With Malakai Black's departure from AEW, the House of Black is also seemingly dead for obvious reasons, but Black's...

Bayley back on the Raw roster

Former WWE Women's champion Bayley has officially joined the Raw roster, switching from the blue brand as part of...

WWE and Fanatics announce WWE World at WrestleMania 41

WWE and Fanatics today officially announced the return of WWE World at WrestleMania 41, a five-day event which will...

Discover more from Wrestling-Online.com

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

Continue reading