Endeavor CEO Ari Emanuel’s 2022 Pay Drops to $19 Million
thewrap.comnew filing with the Securities and Exchange Commission on Friday, Emanuel’s 2022 package included a $4 million base salary, an $8.2 million bonus, $6 million in non-equity incentive compensation and $868,011 in “other compensation,” which represents $225,000 in business and management and tax advisory services provided to Emanuel, personal aircraft use, personal security-related services, reserved parking, personal cell phone expenses, a club membership fee and 401(k) matching contributions.Meanwhile, executive chairman Patrick Whitesell saw his pay fall to $12.2 million from $123.1 million in 2021, chief financial officer Jason Lublin saw his pay slightly increase to $18.5 million from $18.03 million in 2021, president and chief operating officer Mark Shapiro saw his pay slip to $18.5 million from $41.99 million in 2021 and chief legal officer Seth Krauss saw his 2022 pay drop to $6.5 million from 10.6 million in 2021.
For full-year 2022, Endeavor reported net income of 321.7 million, revenue of $5.268 billion and adjusted EBITDA of $1.164 billion, significant improvements from 2021.
Shares of Endeavor fell 28.5% during 2022. The new financial disclosures come after Endeavor recently announced it would combine the Ultimate Fighting Championship with Worldwide Wrestling Entertainment to form a $21.4 billion live sports and entertainment company.
The deal, which was unanimously approved by Endeavor and WWE’s boards of directors, values UFC at $12.1 billion and WWE at $9.3 billion.
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