Report: UFC Officially Sold For $4 Billion, Dana White Staying On As President

26

According to both CBS 8 and TMZ Sports, the UFC has officially been sold for $4 billion.

The reports making the rounds claims that the papers for the sale were officially signed on Saturday, the actual same day the historic UFC 200 event took place. The official announcement regarding the sale is expected to be made publicly as soon as Monday.

Both reports also indicate that longtime UFC President Dana White will stay on with the new owners as the president for the UFC, and that surprisingly enough, Lorenzo and Frank Fertitta will maintain a small ownership stake in the company.

CBS 8 is reporting that they will have interviews with both Dana White and Lorenzo Fertitta on Monday morning.

Many are pointing to the simple smiley-face emoji that White posted on Twitter on Sunday, which you can see below, as his reaction to the rumors.

H/T to F4WOnline.com for additional notes in the above story.

LATEST NEWS

Diego Rivas Targets UFC Gold Following His Amazing Victory Over Cancer

Rivas beat aggressive cancer despite being told by doctors that he had as little as one month to live. The Chilean, known as "Pitbull", participated...
video

Tyron Woodley Discusses “Hilarious” ‘Wonderboy’ and UFC 209 Outcome

Tyron Woodley is not impressed with Stephen "Wonderboy" Thompson's credentials, and even goes as far as to suggest that he needs a rebranding of...
Khabib Nurmagomedov Russia

Khabib Nurmagomedov: Father Denied Entry to U.S for UFC 209

Reports state that the cousin of Khabib Nurmagomedov has also been denied entry to the U.S, leaving the Russian fighter's family to watch "The...

UFC 212: Claudia Gadelha vs Karolina Kowalkiewicz Confirmed For Event

UFC officials have announced today strawweight contenders Claudia Gadelha and Karolina Kowalkiewicz have been added to the Jose Aldo vs Max Holloway event in Brazil....
video

Donald “Cowboy” Cerrone Enjoys ‘Topless Festivities’ at Daytona 500

"Cowboy" is currently enjoying a break from the octagon following his second round, TKO loss to Jorge Masvidal at UFC on Fox: Shevchenko vs. Peña in...