They named Dana White as President, and it history went down from there. This sale has made many people, including UFC President Dana White, extremely rich, but that isn’t the case for the UFC’s fighters.Here’s a look at how the UFC may lose fighters because of its low pay.. The UFC president revealed on … Copy link. "We've been fortunate over the years to represent UFC and a number of its remarkable athletes," WME-IMG co-CEOs Ari Emanuel and Patrick Whitesell said in a statement. Here are some of the best highlights of Dana White’s career: 1. Tap to unmute. One day after the the landmark UFC 200 event, it was announced that the promotion would be sold to WME-IMG and MSD for an eye-watering $4bn, which puts White … We're now committed to pursuing new opportunities for UFC and its talented athletes to ensure the sport's continued growth and success on a global scale.". White reportedly made $360 million off the deal, and inked a contract to remain president of UFC for an undisclosed — but likely high — salary. Talent agency WME-IMG revealed that it is partnering with its owner Silver Lake Partners, Kohlberg Kravis Roberts and MSD Capital, the investment firm of Michael Dell, to take over the mixed martial arts company. Dana White’s net worth is now estimated at $500 million. But Should You? UFC 262 PPV price: How much does it cost to watch Oliveira vs. Chandler? "We're confident that the new ownership team of WME-IMG, with whom we've built a strong relationship over the last several years, is committed to accelerating UFC's global growth," Fertitta said in a statement. Under White's leadership, the UFC has grown into a globally popular multibillion-dollar enterprise. Back in January 2001, Dana became the president of the UFC. The UFC is the largest MMA organization in the world, and it sold for $4 billion in 2016. As of August 2019, White's net worth was assessed at … Dana White is the president and brains behind the UFC.Dana rose from humble beginnings in New England to acquiring the UFC in 2002 when it was at the verge of bankruptcy. UFC president Dana White dismissed suggestions that they staged incidents to build hype. The brothers Frank and Lorenzo Fertitta bought the UFC for only $2 million back in 2000. UFC president Dana White separates two fighters before they face off during a ceremonial weigh-in for UFC 246 at Park Theater at Park MGM on January 17, 2020 in Las Vegas, Nevada (Getty Images) Meanwhile, White maintained that his athletes and staff are free to express themselves and their viewpoints during press conferences, etc. Paltry because as of 2019 – the UFC is valued at over US$7 billion. Dana bought the UFC (1987) 2. Dana White would like you to believe that the UFC is an apolitical organization.. In July 2016, the UFC was sold by Zuffa LLC for $4.0 billion. White’s portion of the sale price is $360 million. UFC 262 results: Charles Oliveira stops Michael Chandler in two rounds for vacant UFC lightweight title, Oliveira stops Chandler for vacant UFC lightweight title. The henchmen demanded that White pay them for operating in their area without their consent. In fact, there was a time where it was facing a more dire fate… which is how Dana White, business partners Lorenzo and Frank Fertitta were able to acquire the whole enchilada for a relatively paltry US$2 million. After 18 years at the helm of the Ultimate Fighting Championship, Dana White has no intentions of parting ways anytime soon. The UFC stars we’ve lost along the way UFC broke the pay-per-view industry’s all-time record for earning Watch later. It marks a nearly 2,000 percent return for Zuffa, which bought UFC for $2 million in 2001. The Associated Press contributed to this report. The Abu Dhabi government still owns 10 percent of UFC as well. Info. PPV schedule, main card start time for Oliveira vs. Chandler, https://images.daznservices.com/di/library/sporting_news/ea/24/dana-white-110515-youtube-ftr_1uh0vz97k2mvh1tu53nr39fvss.jpg?t=-663638928&w=500&quality=80, https://images.daznservices.com/di/library/sporting_news/ea/24/dana-white-110515-youtube-ftr_1uh0vz97k2mvh1tu53nr39fvss.jpg?t=-660038928&w=500&quality=80, Brock Lesner noncommital on future after UFC 200 win, UFC 262: Oliveira v Chandler (Early Prelims. Fertitta will step down as part of the deal, although the brothers will retain a minority interest. The UFC stars we’ve lost along the way In 2019, UFC broke their financial records and reportedly had around $900 million in revenue. Video Ad. (Source: YouTube) In July 2016, the UFC was sold by Zuffa LLC for $4.0 billion. (2:08), UFC sold to WME-IMG in unprecedented deal. The UFC, based in Las … With time, Dana White began investing wisely and owned a 9% stake at the time of the UFC’s sale to WME-IMG 4 years ago. White and Las Vegas casino magnates, Lorenzo and … UFC president Dana White confirmed the sale but will remain in charge of day-to-day operations. Most recently, White has … As of 2021, Dana White is estimated to be worth $500 million. Ripped from the most absurdist of scripts, UFC boss Dana White has got a private island to host fights during the Coronavirus outbreak – truth in 2020 is turning out to be much … That was a deadline that White couldn’t meet and so, he hung up the phone and left for Las Vegas as soon as he could. So when Davies told him that he was looking for a buyer, White contacted his friend, Lorenzo Fertitta. Dana White, former UFC co-owner and current president, is worth an estimated $500 million, according to Celebrity Net Worth. First UFC Live fight on TV (1997) 3. 2020/10/11. Dana White got rich primarily through the UFC. Dana White is set to sell his remaining shares in the UFC Credit: Getty The sale was worth $4BILLION (£3bn), but White kept his role as UFC president and … The year was 2001. White ignored the henchmen’s demands until a henchman called him and gave him a deadline. As a minority stake-holder, White owned an estimated 9 percent of the UFC. ZUFFA, LLC SUBSIDIARY ANNOUNCES PURCHASE OF STRIKEFORCE® ... Frank Fertitta, Dana White and everyone at the UFC on the quest to make MMA the biggest sport in the world. Dana White is best known as the president of the Ultimate Fighting Championship (UFC). White, who helped the Fertitta brothers buy the UFC for $2 million in January 2001, will have a nice yearly salary, too. Dana White’s net worth is now estimated at $500 million. "Most importantly, our new owners share the same vision and passion for this organization and its athletes.". Shopping. Dana Frederick White Jr. (born July 28, 1969) is an American businessman and the current President of the Ultimate Fighting Championship (UFC), which is the largest mixed martial arts (MMA) organization in the world. Dana White got rich primarily through the UFC. The same source also informs as of Dana White’s hefty salary of $20 million each year from sitting at the helm of the UFC’s presidency. Steve Marcus/Getty Images. This sale has made many people, including UFC President Dana White, extremely rich, but that isn’t the case for the UFC’s fighters.Here’s a look at how the UFC may lose fighters because of its low pay.. White got to know Art Davies of Semaphore Entertainment Group in Vegas, the parent company of the UFC. He never owned the UFC. The $4 billion sum to be paid for UFC is is expected to be the largest in sports history. So when Davies told him that he was looking for a buyer, White contacted his friend, Lorenzo Fertitta. The UFC announced its $4 billion sale Monday to a team of investors led by WME-IMG. The sale is remarkable considering that brothers Lorenzo and Frank Fertitta bought the organization in 2000 for $2 million. UFC has been sold for $4 billion in a deal announced Monday. Brothers Lorenzo and Frank Fertitta, shown flanking UFC president Dana White in 2010, bought the organization in 2000 for $2 million and sold it in 2016 for $3.77 billion Jamie McCarthy/WireImage MORE: The good, bad and dirty from UFC 200. Dana White has made an extremely lucrative career as president of the UFC, with an estimated net worth of $500 million along with a reported salary of $20 million. After UFC was sold to WME-IMG for $4.0 billion in July 2016, White started receiving 9% of UFC’s net profits. He'll pull down an estimated $360 million from the sale, according to Darren Rovell of ESPN, who first reported the UFC was up for sale months ago. Paul also couldn’t help take a swipe at UFC president Dana White, who said pre-fight that he would bet $1m that Askren beats the boxing prospect. Back then, White has a 9% stake at Zuffa, the entity created by the Fertitta brothers to manage the UFC business. White said that when he and the Fertittas acquired the UFC, all they received was the brand name "UFC" and an old octagon. If playback doesn't begin shortly, try restarting your device. Darren Rovell says White could earn $18 million-plus as a base salary to start. From wikipedia While working as a manager for Tito Ortiz and Chuck Liddell, White learned that Semaphore Entertainment Group, the parent company of the UFC, was looking for a buyer for the UFC. Dana White UFC President. Tech We Can is a set of lesson plans created by the signatories of The Tech She Can Charter MORE: Brock Lesner noncommital on future after UFC 200 win. Dana White was their mouth piece and day to day operations manager. Dana White’s attempts to continue putting on UFC fights through the coronavirus pandemic just went from reckless and foolish to outright absurd. Two years later, UFC president Dana White claims the mixed martial arts organization is worth $7 billion. What does the sale of UFC mean for the future of the sport? White’s total lifetime earnings of $497 million are beat down by $196.8 million in taxes and $24.8 million in expenses. Dana Frederick White Jr. is an American businessman and the current President of the Ultimate Fighting Championship, which is the largest mixed martial arts organization in the world. "Every year for the last 18 years, we've done something to take the sport to another level, and we did it again with this deal," UFC president Dana White said. But's he's expected to stay on, with a new equity stake. UFC: Dana White securing a private island for fights is crazy NFL UFC boss Dana White announced plans to buy a private island to host fights during the coronavirus, which sounds an awful lot like the plot to 'Mortal Kombat'. UFC makes most of its money from pay-per-view broadcasts, but the organization also has a cable deal with Fox that expires at the end of 2018. As of August 2019, White's net worth was assessed at $500 million. He was appointed president of the UFC in 2001 and received a 9% stake in Zuffa LLC. UFC Success & White’s Net Worth. Brett Okamoto discusses what the future holds for UFC after it was sold for $4 billion. UFC viewers guide: Cody Garbrandt has been to the top and has bottomed out -- where does he stand now? Dana White Just Sold the UFC for Four Billion Dollars - YouTube. The UFC president said UFC 249 will go on somewhere and that the island will host fights as the coronavirus pandemic continues. UFC president Dana White has found a way to combat coronavirus… by hosting fights on his own private island. How to watch, buy Oliveira vs. Chandler on pay-per-view, What time is UFC 262 today? White and the Fertitta Brothers Bought the Business For $2 Million in 2001. This includes his $20 million annual salary, as well as his returns from being a minority owner of the UFC. The price paid for UFC is roughly seven times its gross revenue, as chairman Lorenzo Fertitta told CNN that the organization took in about $600 million in 2015. In 2001, Station Casinos executives, brothers Frank and Lorenzo Fertitta, alongside their business partner Dana White, bought the UFC for $2 million. One of the biggest winners is the longtime face of the organization: president Dana White. Dana White UFC President. At $4 billion, it stands to be the most expensive transaction for an organization in sports history. April 7, 2020 7:28 am. This led to the Fertittas purchasing the UFC (Lorenzo and Frank). Under White's leadership, the UFC has grown into a globally popular multibillion-dollar enterprise. He was an employee appointed but Lorenzo and Frank Fertitta The Fertitta brothers bought it for 2 million dollars and called the shots. Dana White, being the shrewd man he is, looked into it and realized that the UFC was in financial trouble. As of 2020, Dana White’s net worth is a whacking $500 million, and draws a hefty package of $20 million per annum, ( Source ). They both agreed, and in 2001, the three men formed Zuffa Inc. and purchased the UFC. The UFC announced its $4 billion sale Monday to a team of investors led by WME-IMG. White is determined not to … But Should You? The UFC is the largest MMA organization in the world, and it sold for $4 billion in 2016. The rest was owned by the Fertitta brothers (81%) and Flash Entertainment (10%). "Sport is going to the next level.". White had a 9% stake in Zuffa, the company that owns the UFC. Becomes UFC President (2001) 4. Tech We Can is a set of lesson plans created by the signatories of The Tech She Can Charter Not only did UFC downplay individual stars in favor of focusing on top-to-bottom action and fetishisizing the undercard, but they even made President Dana White … In 2016, The UFC was sold to a group of private investors for over $4billion, with reports White will get 9 per cent of all future profit. The $4 billion price tag is the largest ever for a sports league. Dana White revealed in a promotional interview on The Bubba Army podcast that the Conor McGregor vs. Dustin Poirier fight is currently trending at 1.5 million pay-per-view buys. $500 million, that’s more than four-times what the company’s top personnel Conor McGregor reportedly makes. (2:08). With that kind of F-U money, the 46-year old White could ride off into the sunset. UFC 262 date, start time, odds, PPV schedule & card for Charles Oliveira vs. Michael Chandler, What channel is UFC 262 on tonight? Industry insiders told ESPN they believe Rousey will remain a WME-IMG client because her fight contracts were never negotiated by the agency, which has been responsible for negotiating her business outside the Octagon. Souza no longer on UFC roster after broken arm, Triller pledges $1M if UFC OKs GSP-De La Hoya, Velasquez to defend Bellator title vs. Kielholtz, UFC fighter gets Tesla after calling out Elon Musk, Suarez cleared for UFC return, eyes flyweight, Sources: Dillashaw-Sandhagen close for July 24, Oliveira breaks through, wins UFC title by TKO, Bellator 259: Cris Cyborg putting boxing on hold as MMA title defense keeps her busy, MMA divisional rankings: Charles Oliveira rises at lightweight; three fighters join top 10s, MMA pound-for-pound rankings: No easy road for Charles Oliveira, but he has made it, Volkanovski rides UFC 'roller coaster' to The Ultimate Fighter opportunity, How to watch The Ultimate Fighter on ESPN+, ESPN.com's sports business reporter since 2012; previously at ESPN from 2000-06, Appears on SportsCenter, ESPN Radio, ESPN.com and with ABC News. It … https://images.daznservices.com/di/library/sporting_news/ea/24/dana-white-110515-youtube-ftr_1uh0vz97k2mvh1tu53nr39fvss.jpg?t=-660038928&w=500&quality=80. Big, bold, charismatic, passionate guy, the face of the UFC, Dana White is the man who’s been a part of the UFC for a long time. One of the biggest winners is the longtime face of the organization: president Dana White. White should help smooth the transition in a volatile sport. Since the purchase, Dana White and … UFC 200 over the weekend exemplified the sport's volatility: After McGregor was pulled from the card, Daniel Cormier-Jon Jones was scheduled for the main event, but Jones tested positive for a banned substance and Anderson Silva signed on at the last minute. In the early 2000s, the UFC was purchased for $2 million by the Fertitta brothers and Dana White, and in 2016, it was sold to WME-IMG for a whopping $4.025 billion. This led to the Fertittas purchasing the UFC (Lorenzo and Frank). “[Askren] has actually fought real guys. White got to know Art Davies of Semaphore Entertainment Group in Vegas, the parent company of the UFC. They wanted $2,500 but White, still young and still broke, couldn’t afford to pay up. Paul also couldn’t help take a swipe at UFC president Dana White, who said pre-fight that he would bet $1m that Askren beats the boxing … "It's massive on so many … Living in Las Vegas and running the UFC Last year saw the rise of Conor McGregor and Ronda Rousey, while this year saw them fall. Much of the buzz the event generated could be attributed to Brock Lesnar, who was rented from WWE. However, based on the sale worth almost $4 billion as per ESPN, it’s fair to … Reached Sunday night by ESPN, UFC president Dana White, who had adamantly denied the organization was for sale for the past two months after ESPN had reported that it was on the auction block, said the sale was bittersweet. White, who owned 9 percent of UFC, will stay on and be given a stake in the new business. Over this period he got his product into the sports mainstream. White’s total lifetime earnings of $497 million are beat down by $196.8 million in taxes and $24.8 million in expenses. The Ultimate Fighting Championship (UFC) would not be where it is now if it were not for Dana White. One day after the the landmark UFC 200 event, it was announced that the promotion would be sold to WME-IMG and MSD for an eye-watering $4bn, which puts White in for a frankly ridiculous payday. Share. Endeavor purchased the UFC for $4.025 billion in August 2016. Dana White revealed in a promotional interview on The Bubba Army podcast that the Conor McGregor vs. Dustin Poirier fight is currently trending at 1.5 million pay-per … Okamoto also details the latest on UFC president Dana White, who said that his responsibilities with the organization won't change. @darrenrovell of the $4 billion, how much does Dana White pocket? The new deal is expected to be worth at least $200 million a year if UFC continues on an upward trajectory. ZUFFA, LLC SUBSIDIARY ANNOUNCES PURCHASE OF STRIKEFORCE® ... Frank Fertitta, Dana White and everyone at the UFC on the quest to make MMA the biggest sport in the world. He didn’t buy it. The Dana White net worth sum of $300.8 million comes from 16 years of UFC salary and his portion of the $4 billion sale of the UFC to WME-IMG. He said fans should not be concerned about the change in ownership. As reported by Celebrity Net Worth, Dana White is now worth around $500m (£369m) and now he is being employed by WME-IMG he also takes home a salary. "It's been exciting to watch the organization's incredible growth over the last decade under the leadership of the Fertitta brothers, Dana White and their dedicated team. White said that when he and the Fertittas acquired the UFC, all they received was the brand name "UFC" and an old octagon. 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. He was appointed president of the UFC in 2001 and received a 9% stake in Zuffa LLC. "Exact opposite," White said.

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