UFC expected to lose at least $30 million on White House card: ‘We will not profit’ from this event
TKO president Mark Shapiro addresses the costs of the UFC White House card ahead of the June 14 event
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TKO president Mark Shapiro addresses the costs of the UFC White House card ahead of the June 14 event

The UFC will spend up to $60m (£44.3m) on its one-of-a-kind event at the White House, according to TKO Group Holdings chief Mark Shapiro.

TKO Group President and COO Mark Shapiro was asked Wednesday during the company’s quarterly earnings call whether he is rooting for Paramount or Netflix to win the battle for Warner Bros. Discovery. “
"I wanna be clear about something: We will not profit from the White House event independently. We will not be making money on America's 250th anniversary," TKO president and COO Mark Shapiro said.

The UFC will spend up to $60m (£44.3m) on its one-of-a-kind event at the White House, according to TKO Group Holdings chief Mark Shapiro.
Conor Benn signing with Zuffa Boxing was big news in the sporting world. Not only was it proof that Zuffa is going bigger than its monthly Meta Apex shows, it was a reminder of the disparate finances…

TKO president Mark Shapiro reveals that Turki Alalshikh is behind Conor Benn's pay with Zuffa Boxing.