After months of speculation, the sale of the UFC is now official.
UFC sale official; Dana White to stay President
8 News Now sat down with Dana White and Lorenzo Fertitta in the morning and confirmed the sale. The official price tag on the organization is an outstanding $4 billion.
It wasn’t just one company that was involved in the purchase, but a few big names including: WME (William Morris Endeavor), IMG (International Management Group) and MSD. Also involved as a strategic partner is global investment firm KKR.
ESPN’s Brett Okamoto got some details from UFC President Dana White on the future of the organization.
Asked Dana White (@danawhite) if sale of the UFC is bittersweet. Response: VERY.
— Brett Okamoto (@bokamotoESPN) July 11, 2016
Dana White on whether fans should be concerned with UFC switching ownership: Exact opposite. Sport is going to the next level.
— Brett Okamoto (@bokamotoESPN) July 11, 2016
Dana White (@danawhite) on future involvement: Same. President, owner, working my ass off. Just doing it without my best friend and partner.
— Brett Okamoto (@bokamotoESPN) July 11, 2016
An official statement is expected to be released Monday morning.
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