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.

More Recommendations
Unlock a World of Endless Discoveries: Your Personalized Recommendation Engine
article-image

Colby Covington recently sounded off on Islam Makhachev and claimed that the Dagestani grappler was afraid of fighting him. The… Read More

1 years ago Sports Desk
article-image

WWE informed fans and media of the wrestler’s withdrawal before SmackDown and the weekend’s non-televised events. LA Knight has become… Read More

1 years ago Sports Desk
article-image

The WWE universe is entirely made up of colossal athletic feats, dramatic storytelling, and over-the-top characters. It has been transformed… Read More

6 months ago Jhon Woug
article-image

Valentina Shevchenko recently opened up about her title fight against Alexa Grasso at Noche UFC. The former women’s flyweight queen… Read More

1 years ago Sports Desk
article-image

The Ultimate Fighting Championship (UFC) is gearing up for one of its most anticipated events, UFC 294, scheduled to take… Read More

1 years ago Sports Desk
article-image

MMA, and more particularly the UFC, is a violent physical contest that requires physical strength, intelligence, psychological endurance, and technique…. Read More

5 months ago Jhon Woug
Stories Going Viral
Unleashing the Power of Stories
article-image

AEW fans were concerned after Bryan Danielson was injured last night. Fans were concerned about his health, that is he… Read More

1 years ago Sports Desk
article-image

On September 11, 2023, wrestling enthusiasts around the globe are in for a high-octane treat. WWE Monday Night Raw will… Read More

1 years ago Sports Desk
article-image

The world of professional wrestling received a big shake several days ago when All Elite Wrestling reported the dismissal of CM Punk. A committee external… Read More

1 years ago Sports Desk
article-image

Conor McGregor, widely regarded as the biggest superstar in MMA, has not only made a name for himself in the… Read More

1 years ago Sports Desk
article-image

In the world of professional wrestling, it’s not just the battles in the ring that leave a lasting impact; sometimes,… Read More

1 years ago Sports Desk
article-image

Get ready to slap on your gloves and strap in for a thrilling month of February, boxing fans. The upcoming… Read More

11 months ago Jhon Woug
Join Our Exclusive Newsletter and Stay in the Loop!