Endeavor CEO and UFC owner Ari Emanuel has received a 2022 salary and bonus package amounting to just over $19 million. This is a significant reduction from his massive payout of $308 million in 2021, which he received when the company underwent its initial public offering. The figures have been released as part of Endeavor Group Holdings’ yearly financial filing with the Securities and Exchange Commission.
According to the filing, Emanuel’s salary for this year was $4 million with an additional $8.2 million in bonuses. He also received $6 million in non-equity incentive compensation and $868,011 in “other compensation.” The substantial amount he earned in 2021 was due to a one-time stock grant linked to the company’s initial public offering.
Other top executives at Endeavor have also received substantial amounts in bonuses and salaries. Endeavor CFO Jason Lublin received $18.5 million, while President and COO Mark Shapiro earned $18.7 million. Endeavor executive Chairman Patrick Whitesell earned $12.1 million. Like Emanuel, Whitesell earned a massive $123.1 million in the year when the company first went public.
According to a year-end package sent to investors, Endeavor’s sports properties, which are led by the UFC, brought in record revenue. In 2022, the revenue from these properties reached $1.3 billion, which was $224.1 million higher than the previous year. The UFC sold out 21 events in 2022 and experienced the best sponsorship year in its history.
Endeavor’s recent acquisition of World Wrestling Entertainment (WWE) will soon see the UFC transferred to a new company label, which is still unnamed. The new company is expected to go public with its stock offering later this year. Emanuel announced this move as a “rare opportunity to create a world-class organization with global scale built for where sports and entertainment are headed.”
Following the expected transaction close in the second half of 2023, Endeavor will own the majority share of the new company, which will be led by Emanuel as CEO and Dana White for UFC business while Vince McMahon will lead WWE.
Endeavor’s next disclosure of financial results will happen on May 9, where the company will reveal results for the first quarter of 2023, while its annual shareholders’ meeting scheduled for June 13.