UFC SOLD FOR A FORTUNE: 4 Billion Dollars

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What has been rumored and reported by Jeremy Botter in the recent weeks, has no come true:  The UFC has been sold for approx. 4 billion dollars!

 

http://www.tmz.com/2016/07/10/ufc-sold-wme-img-dana-white/

The UFC has been sold … TMZ Sports has confirmed … and the sale price is around $4 billion.

UFC sources told us entertainment and sports talent agency WME/IMG will be the new owners. The company head, Ari Manuel, will wield a lot of power over the organization.

We’re told Dana White will still have a major presence, serving as President. The Fertittas brothers will have a  minority interest and a diminished role.

Lorenzo Fertitta will be stepping down as CEO.

Although the deal has been agreed upon, we’re told the deal will take 6 weeks to 2 months for final signatures.

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