Dana White says UFC ‘not for sale’ despite ESPN report to the contrary

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Steve Marcus

UFC President Dana White, left, and CEO Lorenzo Fertitta were acquaintances in high school, but became fast friends years later at chance meeting at a wedding when they bonded over their enjoyment of combat sports.

By Ray Brewer

Published Tue, May 10, 2016 (5 p.m.)

Updated Tue, May 10, 2016 (8:25 p.m.)

UFC president Dana White told Yahoo Sports on Tuesday that the company is not for sale in the wake of a report which said sales talks are in the advanced stages.

ESPN's Darren Rovell reported Tuesday that four companies have placed bids that are valued between $3.5 billion to $4 billion. Rovell identified the bidders as WME/IMG, China Media Capital, The Blackstone Group and Dalian Wanda Group.

Brothers Frank and Lorenzo Fertitta own 80 percent of the league, while UFC President Dana White and the Abu Dhabi government, who in 2010 bought 10 percent of the company, are minority owners, per ESPN.

In 2001, the Fertittas bought the UFC for $2 million.

Click here for the complete ESPN story.

Ray Brewer can be reached at 702-990-2662 or [email protected]. Follow Ray on Twitter at twitter.com/raybrewer21

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