Ari Emanuel Made $14 Million-Plus in 2020, When Endeavor Lost $600 Million

The Wrap


Endeavor, like so many companies reliant on live events and Hollywood productions, lost a ton of money in 2020. But that didn’t prevent its top executives from big paydays.

CEO Ari Emanuel made $14.4 million in 2020 and President Mark Shapiro made $18.1 million. Both can thank equity awards for their massive executive compensation hauls.

Emanuel’s equity awards numbers was $6.7 million — Shapiro practically doubled that at $12.8 million.

*Also Read:* Endeavor Reports $1.2 Billion Loss Over Last 2 Years

Ari’s salary was $1.2 million, a Wednesday filing with the SEC revealed. His bonus in 2020 was $5.8 million.

Shapiro’s base was a hair under $2 million. He made about a $3.3 million bonus during the COVID pandemic year.

Endeavor lost more than $600 million in 2020. It lost more than $500 million in 2019.

*Also Read:* Endeavor Files to Go Public Again

Endeavor’s latest filing with the Securities and Exchange Commission is a prerequisite for another IPO (Initial Public Offering) attempt.

It marks the second time Endeavor is attempting to go public. In 2019, Endeavor Group Holdings — the company’s intended brand for the New York Stock Exchange — pulled its initial public offering one day before shares of the company were expected to begin trading in the public market.

Back then, the company’s pre-pandemic attempts to go public were partially hampered by the WGA’s (Writers Guild of America) dispute with the Big 4 agencies over packaging fees, which has since been resolved.

*Also Read:* Dish Network Chairman Charlie Ergen's Pay Skyrockets to $94.7 Million in 2020

Endeavor is the combination of sports, events, fashion and talent-management IMG and the agency WME. WME purchased IMG in 2014 for $2.3 billion. WME itself was the combination of the legendary William Morris Agency and Endeavor.

The new Endeavor purchased the UFC in 2016. It also owns Miss Universe and the Professional Bull Riders tour. In 2017, Endeavor launched Endeavor Content, which it says has financed and/or sold more than 100 films and TV shows in the time that has followed.

Before Endeavor and WME-IMG, Shapiro led Dick Clark Productions. Prior to his founding Endeavor, Emanuel was a senior agent at ICM Partners.

*Related stories from TheWrap:*

Endeavor's Patrick Whitesell Slams Warner Bros for 'Blatant Attempt to Self Deal' in HBO Max Streaming Decision

Endeavor Secures $260 Million Loan Amid Cost-Cutting Measures

Inside Endeavor's Dire, Debt-Filled Fall From Hollywood's Heights

Full Article