UFC Big Announcement Revealed – Ownership Changes

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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

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