BAD MMA - The origins of combat™ » Lorenzo Fertitta

Dana White says he’s signed new 10-year UFC deal; interested in buying NFL team with Fertittas

BAD MMA News — Sun, 16 Jun 2019 21:44:24 +0000

UFC president Dana White won’t be leaving the UFC anytime soon. While guest hosting an episode of LVSportsBiz’s Guerilla Cross Radio , the UFC don announced he recently signed a new 10-year deal with the company.

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Dana White says he’s signed new 10-year UFC deal; interested in buying NFL team with Fertittas – MMA Junkie

Report: Fertitta brothers sell remaining UFC stake, signaling end of an era

BAD MMA News — Fri, 08 Sep 2017 00:45:32 +0000

Lorenzo and Frank Fertitta are no longer a part of the UFC. The casino magnates and former UFC co-owners, who bought the promotion for $2 million in 2001, have “fully divested” from the promotion, according to a report today from Forbes , which cited a source with knowledge of the sale. A UFC representative declined a request to confirm the news to MMAjunkie. The Fertittas had retained a combined 5.8 percent stake in the company – initially characterized as a “ passive minority interest ” – through the UFC’s sale to entertainment giant WME-IMG in July 2016.

Video: Campbell McLaren discusses early UFC days, Gracie family

BAD MMA News — Sat, 22 Feb 2014 21:28:09 +0000

Campbell McLaren , one of the founding fathers of the Ultimate Fighting Championship, doesn’t want to take too much credit. But he knows the impact he helped make on what the UFC is today. McLaren, though, gives credit for what UFC CEO Lorenzo Fertitta and President Dana White have done with the company since taking over. And he knew early on that when White was interested in purchasing the UFC, he was on to something. “There was an old TV commercial, I think, for Remington shavers, and the guy who did the commercial said, ‘I liked the shaver so much, I bought the company,’” McLaren recalled to MMAjunkie. “I always think about Dana like that.

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Video: Campbell McLaren discusses early UFC days, Gracie family – MMA Junkie

UFC’s Urijah Faber willing to move divisions to make fights fans want to see

BAD MMA News — Thu, 15 Aug 2013 01:30:00 +0000

BOSTON – After he meets Yuri Alcantara at Saturday’s UFC Fight Night 26, Urijah Faber wants big fights, and he may step up in weight to get them. “I’m going to talk to (UFC President) Dana (White) and (UFC executive) Lorenzo (Fertitta) and see if we can set up some superfights,” he said. “Maybe even go up to 145 (pounds) to do some stuff. I feel like I need to be in some fights that really matter.

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UFC’s Urijah Faber willing to move divisions to make fights fans want to see – MMA Junkie

Tim Kennedy vs. Vitor Belfort? Belfort would rather fight at heavyweight

BAD MMA News — Sun, 28 Jul 2013 22:00:00 +0000

A middleweight bout between Vitor Belfort and Tim Kennedy looks to have been a very real possibility – but according to a report out of Brazil, Belfort may have nixed things. Kennedy (16-4 MMA, 1-0 UFC) on Friday said on his official Twitter account that he would be heading to Brazil to fight Belfort (23-10 MMA, 12-6 UFC). The same night, UFC President Dana White said the bout was being put together . But according to a report from Brazilian news outlet Globo.com, through its Combate site, Belfort was offered the fight by UFC owner Lorenzo Fertitta – but, through his wife and manager, Joana Prado, turned the bout down.

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Tim Kennedy vs. Vitor Belfort? Belfort would rather fight at heavyweight – MMA Junkie

Dana White says he can solve UFC fighter pay gripes – by eliminating bonuses

BAD MMA News — Tue, 02 Jul 2013 04:00:00 +0000

LAS VEGAS – The UFC is contemplating the elimination of fight-night and discretionary bonuses to fighters, the promotion’s president told MMAjunkie.com (www.mmajunkie.com). “You don’t like the structure? All right, we’ll pay the lower-level guys more money – no more f–king bonuses,” Dana White said. “You guys come in, you negotiate your contracts, and we do away with all bonuses. That’s what I’m thinking about doing.” White today said he and UFC co-owner and CEO Lorenzo Fertitta came up with the idea to redistribute wealth after several former and current UFC fighters publicly criticized the way the promotion pays its fighters. And if they follow through with it, they could find out very quickly if those currently under contract believe the current system is as bad as its often made to be. White said that for every UFC event that “kicks ass,” the promotion “makes sure that everybody gets a piece of the extra.” Now, the promotion could boost fighters’ base salaries across the board and take away rewards for those that perform. “The bonuses are something we’ve been doing out of the kindness of our f–king heart,” White said. “It was something we liked to do. Apparently, people don’t like it.

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Dana White says he can solve UFC fighter pay gripes – by eliminating bonuses – MMA Junkie

Tim Kennedy Apologizes to UFC for Fighter Pay Comments, Says He Was Taken Out of Context

BAD MMA News — Sat, 29 Jun 2013 01:32:43 +0000

Tim Kennedy earlier this week criticized his employer, the UFC, for how much it pays its fighters, and tried to put into context for fans how difficult it can be to make a living as a professional fighter. On Thursday, however, Kennedy issued a statement on his official Facebook page, retracting his comments and apologizing for them. Kennedy, while a guest on the GrappleTalk podcast, characterized it as “pathetic” that so many fighters had to work a “day job” instead of being able to focus full-time on their fighting careers. Kennedy has various business interests and his military career along with what he makes from fighting, which he said doesn’t amount to much after expenses and taxes. “It would be slim pickings to survive off what I make in fighting,” he told GrappleTalk. “It’s a good thing I have another job because the UFC doesn’t pay very well.” Kennedy said his comments were taken out of context, but accepted responsibility for his statements, apologizing to the UFC, company president Dana White , CEO Lorenzo Fertitta, and matchmaker Joe Silva. Kennedy’s statement: “I recently made comments regarding fighter pay. The intent of these statements was to highlight that professional fighters incur significant expense associated with their preparations to fight and that fighter compensation is still not on par with other major sports.

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Tim Kennedy Apologizes to UFC for Fighter Pay Comments, Says He Was Taken Out of Context – MMA Weekly

Mixed Martial Arts Stalls Out in New York Once Again; UFC CEO Blames Union Interference

BAD MMA News — Wed, 19 Jun 2013 23:32:27 +0000

The UFC ’s attempt to legalize professional mixed martial arts in the state of New York has once again stalled in the state’s Assembly. DailyNews.com reported late Tuesday night that the bill to legalize mixed martial arts, after passing overwhelming in the Senate, once again would not be brought to the floor for a vote by Assembly Speaker Sheldon Silver before the current legislative session ends. The embattled speaker said more than 40 of 104 Assembly Dems opposed the measure, DailyNews.com noted. The bill dying in the dust once again, led UFC Chairman and CEO Lorenzo Fertitta to issue the following statement, critical of the Culinary Union: “While our disappointment cannot be overstated, our commitment to seeing New York legalize the fastest growing sport in the nation and the world is intact and undeterred. We continue to strongly believe that legalizing and regulating MMA in New York is the right thing for the state economically, the right thing for the millions of fans in New York and the right thing for the safety and benefit of the thousands of professional and amateur MMA athletes across the state. “This year’s new, absurd, offensive, and completely erroneous charge used to justify the defeat of MMA legislation was that MMA is anti-woman and leads to domestic violence. This is a deception fabricated by a Las Vegas union that is recklessly and callously trying to use an important societal issue to try and punish the UFC. It isn’t honest and doesn’t work. “It doesn’t work because our business is not harmed by not being in New York, as much as we would like to be there for our fans and for the arenas, hotels, restaurants, and other businesses which would see substantial economic benefits from the legalization of MMA in New York.

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Mixed Martial Arts Stalls Out in New York Once Again; UFC CEO Blames Union Interference – MMA Weekly

Photos: Teixeira, Maia and Oliveira at Coco Park tree-planting ceremony

BAD MMA News — Fri, 07 Jun 2013 20:45:00 +0000

UFC contenders Glover Teixeira and Demian Maia , as well as Brazilian octagon girl Camila Oliveira, today took part in a ceremonial tree planting as part of a carbon offset initiative known as Ceara Carbono Zero at at Coco Park in Fortaleza, Ceara, Brazil. Launched in 2011 by the Ceara state government, the Ceara Carbono Zero strategy offers guidelines for carbon emissions designed to support the regions renewable energy investments, such as solar and wind power, to protect the biodiversity of the Caatinga (a semi-arid scrub forest situated in northeast Brazil) and to offer a set of overall efforts to mitigate and compensate emissions. With the UFC’s participation in the program, Saturday’s “UFC on FUEL TV 10: Nogueira vs. Werdum 2″ event will be completely carbon neutral, according to UFC officials. “As a global leader in sports, the UFC is thrilled that its event can serve as a platform for bringing awareness and further helping the state government’s environmentally conscious initiative,” UFC Chairman and CEO Lorenzo Fertitta stated.

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Photos: Teixeira, Maia and Oliveira at Coco Park tree-planting ceremony – MMA Junkie

Dana White: ‘Delusional’ Jon Fitch made $302K in UFC discretionary bonus money

BAD MMA News — Fri, 07 Jun 2013 05:00:00 +0000

When Dana White first heard that Jon Fitch described his experience with the promotion as a “hostile work environment,” the UFC boss had to do a double take. After all, he and UFC co-owner Lorenzo Fertitta authorized more than $400,000 in non-contracted compensation for Fitch during his time with the promotion. “In the time Jon Fitch was with us, we paid him $302,000 in discretionary bonuses – $302,000,” White told MMAjunkie.com (www.mmajunkie.com). “That’s money that me and Lorenzo decided to give him above and beyond the deal that he signed. He also made $130,000 on performance bonuses for his two ‘Fight of the Night’ bonuses.

Dana White: ‘Delusional’ Jon Fitch made $302K in UFC discretionary bonus money – MMA Junkie