NEW YORK - UFC chief executive officer Dana White spent hours Wednesday afternoon extolling the business potential of modern boxing-the very sport he has repeatedly called corrupt in the past. Through UFC parent TKO Group Holdings,

The company that houses WWE and UFC is set to step in the ring with a new boxing promotion as part of a business deal with Saudi Arabia

UFC President Dana White and WWE President Nick Khan are partnering to form a new boxing promotion under TKO, and will be joined by Turki Alalshikh.