The "C" in UFC must stand for "cash."
The UFC has received two bids in the range of $4.1 billion and a sale is close, according to an ESPN.com report Thursday. The two high bidders, per ESPN sports business inside Darren Rovell, are WME-IMG (in conjunction with Dalian Wanda Group) and China Media Capital.
The sale would be for the entire company. Currently, both groups are trying to completely finance the buyout, the report said. The results of that could determine which bidder ends up buying the UFC.
ESPN reported that one of the potential investors for WME-IMG is the Kraft Group, which owns the New England Patriots.