This morning, news broke that the UFC has sold to talent agency WME-IMG for a reported $4 billion. The purchase price, which is twice what ex-Microsoft CEO Steve Ballmer paid for the Los Angeles Clippers, is pretty shocking for a sports property.
After news of the sale finalization went public, the UFC sent out an email to fighters. Copies of the letter quickly ended up on social media. Mike Fagan had the following response on Twitter.
Whether you agree with Fagan or not, his comment does raise an interesting point. UFC president Dana White owned 9 percent of the UFC until the sale. Full details of the sale are not currently known, but if he is fully compensated for his share, he will take home $360M. For the purpose of perspective, how does this payday compare to fighter compensation? UFC 200, supposedly the company's biggest event to date, took place last Saturday and the Nevada Athletic Commission released fighter pay. If we assume the pay of the fighters remains constant, the following table shows how many times they would need to compete to equal White's 9 percent of $4B.
|Fighter||UFC 200 Pay||Fights Needed|
Brock Lesnar is closest to catching up to White. Let's say for the sake of argument that he fights three times per year (he won't), the 39-year-old will only need to continue fighting for another 48 years.