Jeff Jarrett comments on the WWE/UFC merger.
History was made on Tuesday, September 12, 2023, as WWE and UFC merged into one company under the Endeavor umbrella. As a result of the merger, McMahon only owns 16% of the merged company.
This is historic for the company, as McMahon was the majority owner of WWE for over 40 years after purchasing it in 1982.
On the latest episode of his My World podcast, Jeff Jarrett commented on the merger and said that the wrestling business is no longer a family business.
“Today is the first day that the wrestling business can no longer say it’s a family business. The McMahons were truly the last of the territories. Yes, they grew and went national, then went global, then went public, but at the end of the day, it’s the last territory. On Christmas, or Thanksgiving, or Holidays, whether the McMahons sat around the kitchen table or not, it was still a family run business. Change is in the air, and it always happens that way. As much change that has taken place coming out of the pandemic, you just look at our industry and I think 2024 — the business will continue to rapidly change in multiple ways, and what an upswing it’s been on.”
Conrad Thompson went on to bring up the fact that many people could possibility lose their job as a result of the merger, noting that the wrestling industry could benefit if those employees end up securing jobs at other wrestling promotions.
“It’s the only mindset." Jeff Jarrett said. "We could come up with so many old sayings, but I don’t think old sayings get to be old sayings unless they’re true. You can’t walk through a new door unless you leave the old door. It’s impossible to climb the mountain top unless you’re in a valley. Change is inevitable, good things happen. Nothing happens if you don’t take action, take massive, radical action. You gotta shake the bushes, try to make something happen, have some patience here and there. There’s so much opportunity.”
Fans can learn more about the merger between WWE and UFC by clicking here.
Jarrett recently commented on the situation surrounding CM Punk and AEW. Fans can learn more by clicking here.
If you use any of the quotes above, please credit the original source with a h/t and link back to Fightful for the transcription.
