Posted on 4/25/124 by Colin Vassallo
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.