article-img

Does Dana White own the UFC?

2 years ago By Sports Desk

Dana White, widely recognized as the face and driving force behind the Ultimate Fighting Championship (UFC), holds a significant stake in the organization. However, it is important to note that he does not own the UFC outright. Let’s explore the ownership structure of the UFC and Dana White’s role within the organization.

In 2001, Dana White, along with the Fertitta brothers, Frank Fertitta III and Lorenzo Fertitta, formed Zuffa LLC and acquired the UFC. At that time, White was appointed as the President of the UFC and played a vital role in its revitalization and subsequent success.

For over a decade, White held a minority ownership stake in the UFC. However, in 2016, the Fertitta brothers and Dana White made a significant business move by selling the majority stake in the UFC to the talent agency WME-IMG (now known as Endeavor). This transaction valued the UFC at approximately $4 billion, making it one of the most valuable sports properties in the world.

Although the Fertitta brothers and Dana White sold the majority stake, they retained minority ownership interests in the UFC. As part of the deal, Dana White continued in his role as the President of the UFC and remained actively involved in the organization’s day-to-day operations.

While the specifics of the ownership distribution have not been publicly disclosed, it is widely known that Dana White maintains a minority ownership stake and remains an influential figure within the UFC. His continued involvement and decision-making authority have been key to the organization’s ongoing success and growth.

It is worth noting that the UFC’s ownership structure has evolved further over the years. In recent years, other prominent investors, including various sports and entertainment entities, have also acquired ownership interests in the UFC. However, Dana White has remained a constant presence and a driving force in shaping the direction of the organization.

In summary, Dana White does not own the UFC outright, but he holds a minority ownership stake and maintains a significant role as the President of the organization. Together with the Fertitta brothers and other investors, White has played a pivotal role in the UFC’s remarkable rise to prominence and its establishment as a global powerhouse in the world of mixed martial arts.

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
More Recommendations
Unlock a World of Endless Discoveries: Your Personalized Recommendation Engine
article-image

In a surprising turn of events, Trick Williams managed to defeat Dominik Mysterio and win the NXT North American Championship…. Read More

2 years ago Sports Desk
article-image

John Cena, a name synonymous with WWE, has been a cornerstone of professional wrestling for over two decades. As he… Read More

12 months ago Jhon Woug
article-image

The wrestling universe is well-acquainted with the Rotunda family, boasting talents like Bray Wyatt and Bo Dallas, both of whom… Read More

2 years ago Sports Desk
article-image

With the announcement of the brand-new premium live event in Berlin, Germany, WWE is expanding their international reach. Recently, we… Read More

2 years ago Sports Desk
article-image

The WWE Superstars Spectacle on September 8, 2023, marked an extraordinary night in the world of professional wrestling. With a… Read More

2 years ago Sports Desk
article-image

Mandy Rose, a popular name in WWE, found herself in the midst of controversy last year when she was released… Read More

2 years ago Sports Desk
Stories Going Viral
Unleashing the Power of Stories
article-image

For years, WWE has proven itself as an entertainment machine that never hesitates to go the extra mile to come… Read More

1 years ago Jhon Woug
article-image

Boxing heavyweight champion Tyson Fury and former UFC heavyweight champion Francis Ngannou will collide on October 28th in Saudi Arabia. While there were initially rumors about a hybrid ruleset, the two combat sports juggernauts will square off in a traditional boxing match instead.

2 years ago Sports Desk
article-image

For nearly three decades, Michael Cole has been a constant presence in WWE’s broadcast booth, evolving from a straight-laced play-by-play… Read More

11 months ago Jhon Woug
article-image

In less than four years, Ronda Rousey changed the face of WWE and the UFC, rising to stardom and then… Read More

1 years ago Jhon Woug
article-image

In recent times, the world of professional wrestling has witnessed significant changes, notably with the wellness and the mental health… Read More

11 months ago Jhon Woug
article-image

Sean Strickland was involved in an unbelievable episode outside his house in Las Vegas. This happened during an October evening… Read More

2 years ago Jhon Woug
Join Our Exclusive Newsletter and Stay in the Loop!
0
Would love your thoughts, please comment.x
()
x