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Wednesday, Jul 13, 2016

Report: Dana White to Receive Percentage of UFC Profits Moving Forward

UFC President Dana White

By FCF Staff

Dana White is receiving a huge payout as a result of the UFC’s recent sale for $4 billion, but according to a new report, he’s also going to make a percentage of profits moving forward.

Following the UFC’s sale to WME | IMG and the company’s financial backers,  White will remain on in his current capacity as UFC President. But, according to a report from ESPN, sources have informed the outlet what White will also receive 9% of the UFC’s profits. The deal is for five years.

White reportedly owned 9% of the UFC prior to the promotion’s recent sale. If the company was sold for $4 billion, then White stands to make around $360 million for the sale.

The previous majority owners, Lorenzo and Frank Fertitta, will not play any role in the UFC moving forward.

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posted by FCF Staff @ 10:24 am
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