UFC Big Announcement Revealed – Ownership Changes

0

The following is an article from WrestlingObserver.com:

Dana White's big announcement is
By Dave Meltzer

That Lorenzo Fertitta is resigning from his post at the president of Station Casinos to work full-time in expanding UFC.

Fertitta is leaving a post where he was the second highest paid casion executive in Las Vegas in 2007, earning a total of $113.8 million.

Frank Fertitta III will become the man in charge of Station Casinos at CEO and retain 45% ownership in UFC, while Lorenzo Fertitta will work alongside Dana White as the co-heads of UFC.

The announcement will be made in ten minutes to UFC employees.

A more detailed story is available at www.yahoo.com

Latest MMA News

Derrick Lewis

Derrick Lewis on Francis Ngannou: ‘That Guy is Real Ignorant’

Derrick Lewis isn't fond of Francis Ngannou's assessment of his skills. Back in March, Ngannou said he wasn't impressed by Lewis. "The Predator" said fighting...
Misha Cirkunov

Misha Cirkunov Says He’s ‘Very Surprised’ Nikita Krylov is no Longer With UFC

Misha Cirkunov is a bit puzzled that Nikita Krylov isn't with the Ultimate Fighting Championship (UFC) anymore. Cirkunov's last bout was against Krylov back in...
T.J. Dillashaw UFC

Mighty Mouse vs. T.J. Dillashaw Being Looked At For August: White

With Cody Garbrandt's back troubles causing the previously announced Garbrandt vs. Dillashaw bout to be pulled from UFC 213, the UFC is looking at...
Yoel Romero

Yoel Romero vs. Robert Whittaker Set For Interim Title Bout at UFC 213

The stage is set for an interim title bout between Yoel Romero and Robert Whittaker. UFC 213 was supposed to be headlined by a bantamweight...
Khabib Nurmagomedov

Khabib Nurmagomedov Has Sights Set on Interim Title Bout in October

Khabib Nurmagomedov is eyeing an interim lightweight title bout this fall. At UFC 209 back in March, "The Eagle" was set to do battle against...
Dana White

Dana White on Cris Cyborg-Angela Magana Incident: ‘It’s Very Serious’

Ultimate Fighting Championship (UFC) President Dana White recognizes the severity of Cris Cyborg's incident at a recent Athlete Retreat. Cyborg and Angela Magana had a...
Lorenz Larkin

Lorenz Larkin on UFC Run: ‘That’s a Chapter in my Life That’s Gone’

Lorenz Larkin wants to leave his time with the Ultimate Fighting Championship (UFC) in the past. Larkin will be making his Bellator debut on June...
Rory MacDonald Weigh-In

Rory MacDonald Says UFC ‘Easily Let Things Slip Through Their Fingers’

Rory MacDonald feels the Ultimate Fighting Championship (UFC) doesn't keep tabs on things as much as they should. After losses to Robbie Lawler and Stephen...
Jorge Masvidal

Jorge Masvidal: ‘I Only Want The Highest-Ranked Dudes’

Jorge Masvidal is ready to dust himself off and move on to the next one. At UFC 211, Masvidal took on Demian Maia inside the...
Cris Cyborg

Cris Cyborg Releases Statement on Incident With Angela Magana

Things got physical between Cris Cyborg and Angela Magana at the Ultimate Fighting Championship (UFC) Athlete Retreat. In a video released by Cage Pages, Cyborg...