Dana White: We could have sold the UFC for $5 billion

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Wild

Zi Nazi
Admin
Dec 31, 2014
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The $4-billion price tag on the UFC sale might have broken the record for most expensive transaction in sports history, but according to UFC president Dana White, the promotion could have sold for even more money—to the tune of $1-billion more. In a recent interview on The Exchange with Megan Olivi (transcribed by Damon Martin of FOX Sports), White discussed why the Fetittas went with the lower bid from WME-IMG.

“Let me be honest with you, when we were doing this deal there were two groups that came in for more money than Ari [Emanuel]. There was one [offer] for $5 billion.”

Read More Here: Dana White: We could have sold the UFC for $5 billion
 

dacofty

Yea..Ok..Whatever
First 100
Jan 15, 2015
9,485
9,444
And he could paint a black dot on the top of his head and be a walking dick...SO
 

Tiiimmmaaayyy

First 100 ish
Jan 19, 2015
7,992
9,900
"Could have sold for 5 billion" -translation- we were so lucky to get 4 bil from these dummies before the wheels fall off.

"I'm not going anywhere" -translation- I'll be gone before the end of 2017

"He's got huge balls" -translation- he's got huge balls that bang against my chin
 

ShakaSway

The Unintentional Voice of Reason
Oct 18, 2015
3,906
3,889
Okay.....guess the wasted million dollar promos of street staring contests and oversized garages are something to believe in
 

Papi Chingon

Domesticated Hombre
Oct 19, 2015
27,405
34,288
Because every successful business man walks away from a billion dollars.

A fucking billion.

Hot air makes words. Yay.
The Fertittas weren't worth much over 1 billion each prior to the sale. To think they, let alone anyone, would walk away from a billion is laughable.
 

Sheepdog

Protecting America from excessive stool loitering
Dec 1, 2015
8,912
14,224
"Let me be honest with you," <--- Right there is where the lies begin
I legitimately spat my drink out laughing after seeing the headline and then reading this as his opening quote.

Classic Egg.
 

Chromium

Posting Machine
Oct 10, 2016
825
1,324
They went for a lower offer from a company that felt the best thing to do with the UFC was to slash the fuck out of its budget. I can't tell if that's irony or not.

I'm just going to cut & paste a list of WME accomplishments I wrote in the comment thread in the Bloody Elbow article (which somehow managed to be the very first comment), with a bit of editing:

WME's UFC Accomplishments

WME-IMG spent $4 billion on the company only to immediately go into budget-slashing mode once they bought it, treating it like some money-losing fixer-upper instead of a rising juggernaut, with correspondingly awful results.

They've also made completely arbitrary decisions to do things like add a Women’s 145 division on the baseless assumption that all the pieces would line up, then instead of trying to salvage it as a developmental project, they’re pretending it doesn’t even exist.

They gave an unknown Cynthia Calvillo two PPV main card fights in six weeks because Ari Emanuel happened to catch her debut (wherein she crushed a can) and liked what he saw, when the far more proven and marketable Tecia Torres has been begging for over six months, and former world #1 Jessica Aguilar has only finally gotten a fight after a year and a half.

They’ve started to hemorrhage top 10 talent to the point where Bellator has outright admitted that they’re 2.5 years ahead of schedule on poaching fighters. And now Rizin and Absolute Championship Berkut are also getting in on the flood of free agents to become rising regional powers.

They’ve also logged-jammed some of the divisions so hard that there are ranked fighters who would rather take day jobs than fight for the UFC. They've let good fighters walk away without even offering them a new contract, and let others go by only offering an insulting one.

They let the #4 Flyweight in the world walk, a young guy who was also their strongest Japanese draw, because they wouldn’t give him a raise. They let LHW wither away to the point where a top MW contender like Yoel Romero would be even money against a LHW title challenger like Jimi Manuwa.

They’ve made arbitrary personnel decisions like firing Goldie without any sort of replacement ready, and they drove Joe Silva away from the sport entirely. I'm sure he claims he retired because of the workload, but if they wanted a better product they should have done everything in their power to at least keep him on as a consultant or to book just two or three divisions.

They've reversed the UFC's long-standing efforts on international expansion and are now running fewer events in international markets across the board, including the extremely important Brazilian market, where they've dropped to just three shows a year, and when they run Singapore in June it'll be the UFC's first Asian show in 18 months. And that Russian market that was supposed to be the next big thing? Still nothing.

They've used Interim Titles so often that it's become a running joke, and when an Interim LW Title fight fell through mere hours before weigh-ins, the decided to pay the guy who didn't scratch less than half of his show money. Because nothing inspires loyalty like screwing someone out of over $100,000 because his opponent scratched at 5 AM instead of 9 AM, when the UFC would have been legally obligated to give him his show purse.

And now fighters put UFC management on blast so often that it's become a routine part of the news cycle.

They’ve done nothing to mitigate the continuing Reebok damage, or help fighters with sponsorships below the Rousey/McGregor tier, and I’m also not seeing lots of new roles for UFC fighters in Hollywood films or on television, the one area where you’d think WME could absolutely make a difference.

The UFC has gotten clearly worse under WME.

But hey, Ronda Rousey got a Pantene commercial.
 

benjo0101

TMMAC Addict
Jun 13, 2016
6,452
7,098
They went for a lower offer from a company that felt the best thing to do with the UFC was to slash the fuck out of its budget. I can't tell if that's irony or not.

I'm just going to cut & paste a list of WME accomplishments I wrote in the comment thread in the Bloody Elbow article (which somehow managed to be the very first comment), with a bit of editing:

WME's UFC Accomplishments

WME-IMG spent $4 billion on the company only to immediately go into budget-slashing mode once they bought it, treating it like some money-losing fixer-upper instead of a rising juggernaut, with correspondingly awful results.

They've also made completely arbitrary decisions to do things like add a Women’s 145 division on the baseless assumption that all the pieces would line up, then instead of trying to salvage it as a developmental project, they’re pretending it doesn’t even exist.

They gave an unknown Cynthia Calvillo two PPV main card fights in six weeks because Ari Emanuel happened to catch her debut (wherein she crushed a can) and liked what he saw, when the far more proven and marketable Tecia Torres has been begging for over six months, and former world #1 Jessica Aguilar has only finally gotten a fight after a year and a half.

They’ve started to hemorrhage top 10 talent to the point where Bellator has outright admitted that they’re 2.5 years ahead of schedule on poaching fighters. And now Rizin and Absolute Championship Berkut are also getting in on the flood of free agents to become rising regional powers.

They’ve also logged-jammed some of the divisions so hard that there are ranked fighters who would rather take day jobs than fight for the UFC. They've let good fighters walk away without even offering them a new contract, and let others go by only offering an insulting one.

They let the #4 Flyweight in the world walk, a young guy who was also their strongest Japanese draw, because they wouldn’t give him a raise. They let LHW wither away to the point where a top MW contender like Yoel Romero would be even money against a LHW title challenger like Jimi Manuwa.

They’ve made arbitrary personnel decisions like firing Goldie without any sort of replacement ready, and they drove Joe Silva away from the sport entirely. I'm sure he claims he retired because of the workload, but if they wanted a better product they should have done everything in their power to at least keep him on as a consultant or to book just two or three divisions.

They've reversed the UFC's long-standing efforts on international expansion and are now running fewer events in international markets across the board, including the extremely important Brazilian market, where they've dropped to just three shows a year, and when they run Singapore in June it'll be the UFC's first Asian show in 18 months. And that Russian market that was supposed to be the next big thing? Still nothing.

They've used Interim Titles so often that it's become a running joke, and when an Interim LW Title fight fell through mere hours before weigh-ins, the decided to pay the guy who didn't scratch less than half of his show money. Because nothing inspires loyalty like screwing someone out of over $100,000 because his opponent scratched at 5 AM instead of 9 AM, when the UFC would have been legally obligated to give him his show purse.

And now fighters put UFC management on blast so often that it's become a routine part of the news cycle.

They’ve done nothing to mitigate the continuing Reebok damage, or help fighters with sponsorships below the Rousey/McGregor tier, and I’m also not seeing lots of new roles for UFC fighters in Hollywood films or on television, the one area where you’d think WME could absolutely make a difference.

The UFC has gotten clearly worse under WME.

But hey, Ronda Rousey got a Pantene commercial.
Nice list. Like it.

I thought there was slow but steady progress under Zuffa and the Fertitas. Not fast enough but it was going up, now it really feels like it is going down. Both in popularity and progress on fighters pay, event schedules etc.
 

Wild

Zi Nazi
Admin
Dec 31, 2014
89,727
129,197
They went for a lower offer from a company that felt the best thing to do with the UFC was to slash the fuck out of its budget. I can't tell if that's irony or not.

I'm just going to cut & paste a list of WME accomplishments I wrote in the comment thread in the Bloody Elbow article (which somehow managed to be the very first comment), with a bit of editing:

WME's UFC Accomplishments

WME-IMG spent $4 billion on the company only to immediately go into budget-slashing mode once they bought it, treating it like some money-losing fixer-upper instead of a rising juggernaut, with correspondingly awful results.

They've also made completely arbitrary decisions to do things like add a Women’s 145 division on the baseless assumption that all the pieces would line up, then instead of trying to salvage it as a developmental project, they’re pretending it doesn’t even exist.

They gave an unknown Cynthia Calvillo two PPV main card fights in six weeks because Ari Emanuel happened to catch her debut (wherein she crushed a can) and liked what he saw, when the far more proven and marketable Tecia Torres has been begging for over six months, and former world #1 Jessica Aguilar has only finally gotten a fight after a year and a half.

They’ve started to hemorrhage top 10 talent to the point where Bellator has outright admitted that they’re 2.5 years ahead of schedule on poaching fighters. And now Rizin and Absolute Championship Berkut are also getting in on the flood of free agents to become rising regional powers.

They’ve also logged-jammed some of the divisions so hard that there are ranked fighters who would rather take day jobs than fight for the UFC. They've let good fighters walk away without even offering them a new contract, and let others go by only offering an insulting one.

They let the #4 Flyweight in the world walk, a young guy who was also their strongest Japanese draw, because they wouldn’t give him a raise. They let LHW wither away to the point where a top MW contender like Yoel Romero would be even money against a LHW title challenger like Jimi Manuwa.

They’ve made arbitrary personnel decisions like firing Goldie without any sort of replacement ready, and they drove Joe Silva away from the sport entirely. I'm sure he claims he retired because of the workload, but if they wanted a better product they should have done everything in their power to at least keep him on as a consultant or to book just two or three divisions.

They've reversed the UFC's long-standing efforts on international expansion and are now running fewer events in international markets across the board, including the extremely important Brazilian market, where they've dropped to just three shows a year, and when they run Singapore in June it'll be the UFC's first Asian show in 18 months. And that Russian market that was supposed to be the next big thing? Still nothing.

They've used Interim Titles so often that it's become a running joke, and when an Interim LW Title fight fell through mere hours before weigh-ins, the decided to pay the guy who didn't scratch less than half of his show money. Because nothing inspires loyalty like screwing someone out of over $100,000 because his opponent scratched at 5 AM instead of 9 AM, when the UFC would have been legally obligated to give him his show purse.

And now fighters put UFC management on blast so often that it's become a routine part of the news cycle.

They’ve done nothing to mitigate the continuing Reebok damage, or help fighters with sponsorships below the Rousey/McGregor tier, and I’m also not seeing lots of new roles for UFC fighters in Hollywood films or on television, the one area where you’d think WME could absolutely make a difference.

The UFC has gotten clearly worse under WME.

But hey, Ronda Rousey got a Pantene commercial.
Tough to argue any of that.
 

Sheepdog

Protecting America from excessive stool loitering
Dec 1, 2015
8,912
14,224
They went for a lower offer from a company that felt the best thing to do with the UFC was to slash the fuck out of its budget. I can't tell if that's irony or not.

I'm just going to cut & paste a list of WME accomplishments I wrote in the comment thread in the Bloody Elbow article (which somehow managed to be the very first comment), with a bit of editing:

WME's UFC Accomplishments

WME-IMG spent $4 billion on the company only to immediately go into budget-slashing mode once they bought it, treating it like some money-losing fixer-upper instead of a rising juggernaut, with correspondingly awful results.

They've also made completely arbitrary decisions to do things like add a Women’s 145 division on the baseless assumption that all the pieces would line up, then instead of trying to salvage it as a developmental project, they’re pretending it doesn’t even exist.

They gave an unknown Cynthia Calvillo two PPV main card fights in six weeks because Ari Emanuel happened to catch her debut (wherein she crushed a can) and liked what he saw, when the far more proven and marketable Tecia Torres has been begging for over six months, and former world #1 Jessica Aguilar has only finally gotten a fight after a year and a half.

They’ve started to hemorrhage top 10 talent to the point where Bellator has outright admitted that they’re 2.5 years ahead of schedule on poaching fighters. And now Rizin and Absolute Championship Berkut are also getting in on the flood of free agents to become rising regional powers.

They’ve also logged-jammed some of the divisions so hard that there are ranked fighters who would rather take day jobs than fight for the UFC. They've let good fighters walk away without even offering them a new contract, and let others go by only offering an insulting one.

They let the #4 Flyweight in the world walk, a young guy who was also their strongest Japanese draw, because they wouldn’t give him a raise. They let LHW wither away to the point where a top MW contender like Yoel Romero would be even money against a LHW title challenger like Jimi Manuwa.

They’ve made arbitrary personnel decisions like firing Goldie without any sort of replacement ready, and they drove Joe Silva away from the sport entirely. I'm sure he claims he retired because of the workload, but if they wanted a better product they should have done everything in their power to at least keep him on as a consultant or to book just two or three divisions.

They've reversed the UFC's long-standing efforts on international expansion and are now running fewer events in international markets across the board, including the extremely important Brazilian market, where they've dropped to just three shows a year, and when they run Singapore in June it'll be the UFC's first Asian show in 18 months. And that Russian market that was supposed to be the next big thing? Still nothing.

They've used Interim Titles so often that it's become a running joke, and when an Interim LW Title fight fell through mere hours before weigh-ins, the decided to pay the guy who didn't scratch less than half of his show money. Because nothing inspires loyalty like screwing someone out of over $100,000 because his opponent scratched at 5 AM instead of 9 AM, when the UFC would have been legally obligated to give him his show purse.

And now fighters put UFC management on blast so often that it's become a routine part of the news cycle.

They’ve done nothing to mitigate the continuing Reebok damage, or help fighters with sponsorships below the Rousey/McGregor tier, and I’m also not seeing lots of new roles for UFC fighters in Hollywood films or on television, the one area where you’d think WME could absolutely make a difference.

The UFC has gotten clearly worse under WME.

But hey, Ronda Rousey got a Pantene commercial.
Good breakdown. Another bizarre one is keeping their only current star, Conor, on the shelf just so they can fleece a percentage of his purse, when they could make more money by putting their contractually-weighted foot down and having him fight for them as per usual. If Conor loses within 2 rounds, which is what will happen if Floyd wants it to, the sport overall could take a massive credibility (i.e long-term financial) hit that can't be calculated.

They are fucking idiots, plain and simple.
 

Andrewsimar Palhardass

Women, dinosaurs, and the violence of the octagon.
Jan 8, 2016
5,234
6,806
They went for a lower offer from a company that felt the best thing to do with the UFC was to slash the fuck out of its budget. I can't tell if that's irony or not.

I'm just going to cut & paste a list of WME accomplishments I wrote in the comment thread in the Bloody Elbow article (which somehow managed to be the very first comment), with a bit of editing:

WME's UFC Accomplishments

WME-IMG spent $4 billion on the company only to immediately go into budget-slashing mode once they bought it, treating it like some money-losing fixer-upper instead of a rising juggernaut, with correspondingly awful results.

They've also made completely arbitrary decisions to do things like add a Women’s 145 division on the baseless assumption that all the pieces would line up, then instead of trying to salvage it as a developmental project, they’re pretending it doesn’t even exist.

They gave an unknown Cynthia Calvillo two PPV main card fights in six weeks because Ari Emanuel happened to catch her debut (wherein she crushed a can) and liked what he saw, when the far more proven and marketable Tecia Torres has been begging for over six months, and former world #1 Jessica Aguilar has only finally gotten a fight after a year and a half.

They’ve started to hemorrhage top 10 talent to the point where Bellator has outright admitted that they’re 2.5 years ahead of schedule on poaching fighters. And now Rizin and Absolute Championship Berkut are also getting in on the flood of free agents to become rising regional powers.

They’ve also logged-jammed some of the divisions so hard that there are ranked fighters who would rather take day jobs than fight for the UFC. They've let good fighters walk away without even offering them a new contract, and let others go by only offering an insulting one.

They let the #4 Flyweight in the world walk, a young guy who was also their strongest Japanese draw, because they wouldn’t give him a raise. They let LHW wither away to the point where a top MW contender like Yoel Romero would be even money against a LHW title challenger like Jimi Manuwa.

They’ve made arbitrary personnel decisions like firing Goldie without any sort of replacement ready, and they drove Joe Silva away from the sport entirely. I'm sure he claims he retired because of the workload, but if they wanted a better product they should have done everything in their power to at least keep him on as a consultant or to book just two or three divisions.

They've reversed the UFC's long-standing efforts on international expansion and are now running fewer events in international markets across the board, including the extremely important Brazilian market, where they've dropped to just three shows a year, and when they run Singapore in June it'll be the UFC's first Asian show in 18 months. And that Russian market that was supposed to be the next big thing? Still nothing.

They've used Interim Titles so often that it's become a running joke, and when an Interim LW Title fight fell through mere hours before weigh-ins, the decided to pay the guy who didn't scratch less than half of his show money. Because nothing inspires loyalty like screwing someone out of over $100,000 because his opponent scratched at 5 AM instead of 9 AM, when the UFC would have been legally obligated to give him his show purse.

And now fighters put UFC management on blast so often that it's become a routine part of the news cycle.

They’ve done nothing to mitigate the continuing Reebok damage, or help fighters with sponsorships below the Rousey/McGregor tier, and I’m also not seeing lots of new roles for UFC fighters in Hollywood films or on television, the one area where you’d think WME could absolutely make a difference.

The UFC has gotten clearly worse under WME.

But hey, Ronda Rousey got a Pantene commercial.
I agree with nearly all of this, but I think Calvillo is more marketable than Tecia Torres. I like Tecia, but Cynthia is a more exciting fighter with a very marketable attitude.
 

Ryann Von Doom

The Man
Jan 28, 2015
5,991
6,820
I didnt think it was possible for it to get worse than Fertelli controlled Zuffa.. Welp.. it has. But like I've been saying since a few weeks after the buy out, they'll swoop right back thefuck in and buy it for pennies on the dollar.
 

NHBStriker

Posting Machine
Sep 5, 2015
882
1,694
I didnt think it was possible for it to get worse than Fertelli controlled Zuffa.. Welp.. it has. But like I've been saying since a few weeks after the buy out, they'll swoop right back thefuck in and buy it for pennies on the dollar.
That would really be something. I don't think so though. I'm imagining them on some island somewhere, laughing their asses off.
 

WoodenPupa

Member
Feb 14, 2015
2,920
3,564
Because every successful business man walks away from a billion dollars.

A fucking billion.

Hot air makes words. Yay.
The offer really was for 5 billion. The problem was, that price was contingent on a Prevarication Tax. For every lie Dana told during the negotiations, one dollar was taken from the offer. It ended up going down to 3.5 billion, as they were able to prove that Dana lied 1.5 billion times.