article-img

Does Dana White own the UFC?

1 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

Volume 300 of the UFC marked an awesome fight between Justin Gaethje and Max Holloway, where everyone was able to… Read More

1 years ago Jhon Woug
article-image

Sean O’Malley has nothing but nice things to say about Bo Nickal.  The three-time NCAA Division I wrestling champion and… Read More

1 years ago Sports Desk
article-image

In the Misfits Boxing rematch, Elle Brooke dominated AJ Bunker with a brutal KO to secure her title. Fans were… Read More

1 years ago Jhon Woug
article-image

Mike Tyson’s boxing career was filled with electrifying performances, remarkable achievements, and moments that captivated the world. In this article,… Read More

1 years ago Sports Desk
article-image

Kamaru Usman believes that Alexa Grasso will enter her rematch with Valentina Shevchenko even more confident. Flyweight champion Grasso (16-3… Read More

1 years ago Sports Desk
article-image

The din for the next installment continues to reverberate loudly. With the ‘echo chamber’ of voices vying for clarity and… Read More

1 years ago Jhon Woug
Stories Going Viral
Unleashing the Power of Stories
article-image

Following WWE SummerSlam, Rhea Ripley utilized Twitter to convey a significant message. The Eradicator showed up unexpectedly during Finn Balor’s… Read More

1 years ago Sports Desk
article-image

Pro Wrestling Illustrated is a magazine that’s been around for a long time and talks about professional wrestling. It’s like… Read More

1 years ago Sports Desk
article-image

The merger of WWE and UFC under TKO Group Holdings heralds a tectonic shift in the landscape of sports entertainment…. Read More

5 months ago Jhon Woug
article-image

The world of mixed martial arts was recently rocked by shocking news involving Russian UFC featherweight Khusein Askhabov. The fighter,… Read More

1 years ago Jhon Woug
article-image

World Wrestling Entertainment’s (WWE) flagship show, WWE Raw, is set to entertain fans once again on 09th October 2023. This… Read More

1 years ago Sports Desk
article-image

Colby Lopez, commonly known as Seth Rollins, has become one of the most influential and dynamic performers in the history… Read More

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