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How much did Dana White pay to buy UFC?

How much did Dana White pay to buy UFC?

They sold the U.F.C. in 2016 for around $4 billion, capping a transformation for which White deserves much of the credit. The U.F.C.’s new primary owner, Endeavor, is a live-events conglomerate that has aimed to become a public company but has seen its business devastated by the pandemic.

How much of the UFC does Dana own 2021?

UFC became a subsidiary of Zuffa, and Dana White was installed as the president of the UFC. The Fertitta brothers retained 80\% of the UFC, and Dana was given 9\% ownership.

How much does Dana White pay fighters?

On the same podcast, Dana White revealed that the UFC paid a fighter $750,000 for competing in the preliminary card of the recently concluded UFC 268 pay-per-view.

Why did Dana White buy the UFC?

Dana White, being the shrewd man he is, looked into it and realized that the UFC was in financial trouble. White thought that the UFC could become a huge entity in the future, and so he pitched the idea of buying the organization to the Fertitta brothers. They both agreed, and in 2001, the three men formed Zuffa Inc. and purchased the UFC.

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What does Dana White do for a living?

Dana White continued working in the boxing scene to make a living when he arrived in Las Vegas. That was also when he started taking notice of MMA and the UFC, as the organization was just recently established. White didn’t dabble too hard in MMA, but he started managing a few fighters who were fighting in the UFC.

Did Dana White dabble too hard in MMA?

White didn’t dabble too hard in MMA, but he started managing a few fighters who were fighting in the UFC. That was also when his fortunes turned as White attended a wedding and there he’d meet an old friend of his from high school, Lorenzo Fertitta.

What happened between Dana White and Frank Fertitta?

The friendship between White and Fertitta reignited at that moment, and soon, they agreed that they would work together on a business venture one day. That day came when White had to deal with a contract dispute between the UFC and one of the fighters he managed.