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

The fans who live and breathe wrestling wait for the chance to be part of WrestleMania 40, the biggest element… Read More

12 months ago Jhon Woug
article-image

In a shocking turn of events, former WWE champion CM Punk made an unexpected return at Survivor Series 2023, sending… Read More

1 years ago Sports Desk
article-image

The Ultimate Fighting Championship (UFC) is about to set the Octagon ablaze with UFC Vegas 79: Fiziev vs. Gamrot, promising… Read More

1 years ago Jhon Woug
article-image

In a highly anticipated rematch for the UFC women’s flyweight title, Alexa Grasso and Valentina Shevchenko are set to face… Read More

1 years ago Sports Desk
article-image

Professional wrestling is a world where athleticism, showmanship, and charisma blend to create larger-than-life spectacles. In this dynamic industry, WWE… Read More

1 years ago Jhon Woug
article-image

Carmella, the renowned WWE Superstar, has shared her thoughts on the possibility of returning to the world of professional wrestling… Read More

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

WWE Raw is always full of entertainment, and in every event, we get various moments that fans love. Just a… Read More

1 years ago Sports Desk
article-image

The month of November 2023 was an exciting one for WWE SmackDown. Coming off the heels of the Crown Jewel… Read More

1 years ago Sports Desk
article-image

WWE Crown Jewel is an annual event that never fails to captivate the wrestling world with its high-stakes matches and… Read More

1 years ago Sports Desk
article-image

Jade Cargill, the former TBS Champion recently joined WWE. The news of her recent shiftment to WWE has created the… Read More

1 years ago Sports Desk
article-image

In the world of professional wrestling, factions and stables have always played a significant role in shaping the landscape of… Read More

1 years ago Jhon Woug
article-image

Jade Cargill, a name that has become synonymous with powerhouse performances in the wrestling arena, has recently embarked on a… Read More

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