Dana White Claims UFC Shot Down $5 Billion Offer

Jaws hit the floor when a group headed by WME-IMG purchased the UFC for roughly $4.2 billion in July of 2016. It was the largest ever acquisition in sports history. 

What might be a little more shocking is UFC president Dana White‘s recent revelation that WME-IMG wasn’t the highest bidder. In fact, White said that the group was actually third in the running when the Feritta Brothers decided to sell the promotion they purchased in January of 2001 for $2 million.

“When we did this deal, there were two groups that came in for more money than (WME-IMG co-CEO Ari Emanuel). There was one for $5 billion,” said White in a recent UFC interview.

Turning a $2 million investment into a $4.2 billion sale certainly allowed the Fertittas to be a little choosey about whom would get the promotion. They surely wanted to make a hefty profit, and they did, but they, along with White, poured a lot of blood, sweat, and tears into building not just a company but a sport over the 15 years between the purchase and the sale.

“One of the millions of things that I respect about the Fertittas, they weren’t just going to let this go for the money,” White continued. “They were gonna make sure that it went to somebody that could come in and take it to the next level.”

White held a minority stake in the company alongside the Fertittas. With a $4.2 billion sale, even holding a small percentage, White didn’t have a financial need to remain a part of the company, but he did. 

White signed a five-year agreement with the new ownership to help continue building upon what he and the Fertittas had accomplished. For White, he said that remaining with the company had nothing to do with money, but everything to do with the love of what has become a global enterprise. 

“I was never in this for the money… ever. For me, it’s always taking it to the next level.”

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Though he wouldn’t reveal details, White indicated that WME-IMG has significant expansion plans for the fight promotion. Although the company has appeared to have struggled under the new ownership, especially after they laid-off a large portion of the staff, White said that he kind of likes the negativity that has surfaced recently. 

He still has the belief that the UFC will continue to do bigger and better things.

“I love the negativity again. I love the doubt. I feel like I’m back in the old days where everybody doubts,” he said. “It’s gonna be so much bigger for the sport, obviously for the brand, and for the fighters.”

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Article source: http://www.mmaweekly.com/dana-white-claims-ufc-shot-down-5-billion-offer

 

Frank Mir Releases Statement Maintaining Innocence

On April 21, USADA announced that former heavyweight champion Frank Mir had received a two-year suspension for an anti-doping violation. Mir recently released a statement denying knowingly ingesting any banned substance, a position he has maintained since the positive test.

Mir, 38, tested positive for a long-term metabolite of dehydrochloromethyltestosterone (DHCMT), following an in-competition test conducted on March 20, 2016, at UFC Fight Night 85 in Brisbane, Australia. DHCMT is a non-Specified Substance in the class of Anabolic Agents and prohibited at all times under the UFC Anti-Doping Policy, which has adopted the World Anti-Doping Agency (WADA) Prohibited List. The finding of a long-term DHCMT metabolite in Mir’s sample, which was identified through a new detection method by the WADA-accredited laboratory in Tokyo, Japan, led to Mir being provisionally suspended from competition on April 8, 2016.

Frank MirWith the new method for testing, it was discovered that an out-of-competition sample Mir provided on February 5, 2016, which had previously been reported to USADA as negative for the presence of prohibited substances, was also positive for the same long-term DHCMT metabolite found in Mir’s in-competition sample.

“I have consistently denied knowingly taking anything that would violate USADA’s guidelines,” Mir stated via Facebook. “I was originally told that my post fight sample from March 20, 2016, had been flagged for a trace metabolite, following my clean test the previous month on February 5. For this past year, I have been focused on analyzing anything I could within that six week window that could’ve possibly been the cause… testing supplements and reviewing dietary habits. It is frustrating to now be told that USADA has changed their mind about the February 5 test, claiming that the sample they once cleared is now clouded with the same trace metabolite. Even more frustrating is that I’ve been told that the long term metabolite could date back two years, prior to the implementation of USADA standards and possibly to a time when I had a legal exemption for testosterone replacement therapy.

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“As hard as it was to try to retrospectively analyze everything I had consumed within a fairly recent six week period of my life, I would have no idea where to start going back years into my past. What I can do is reiterate my denial and ask you to note that my position on this issue has remained consistent. By contrast, USADA now has two versions of their narrative concerning me.”

Mir’s suspension will end in April 2018.

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Article source: http://www.mmaweekly.com/frank-mir-releases-statement-maintaining-innocence

 

Al Iaquinta Rips into UFC and Dana White

Al Iaquinta may have made his first trip to the Octagon in more than two years at Saturday’s UFC Fight Night 108 in Nashville, but that doesn’t mean things between the UFC and him are smoothed over. In fact, they are quite the opposite.

Prior to Saturday, Iaquinta last set foot in the Octagon in April of 2015, winning a narrow decision over Jorge Masvidal. When he returned in Nashville, there was no sign of ring rust as he put on a fantastic performance, knocking Diego Sanchez out less than two minutes into their co-main event.

It may be the last time we see Iaquinta in the Octagon for quite some time, if not forever. 

Iaquinta sat out for two years primarily due to being disgruntled with his contract. And on Monday, we learned that he wasn’t just upset, he was doing something about it. 

Al Iaquinta UFC Nashville“I took time out of my life to set myself up so I don’t have to suck up to anybody. I can do it my way. If I want to fight again, I’ll fight. If not, I’m not the guy that’s kissing up to the UFC,” Iaquinta said on Monday’s edition of The MMA Hour.

“I don’t fight for the UFC. The UFC has done nothing for me. They left me high and dry.”

Iaquinta made good for himself selling real estate and following his knockout of Sanchez said that he intends to return to that business, where he insinuated that he makes more money than in the Octagon. Iaquinta confirmed that he was paid $52,000 ($26,000 to show and $26,000 to win) for the fight with Sanchez. He is currently 10 fights into his UFC career with an 8-2 record. He has knocked out four of his last five opponents.

Iaquinta thought he probably should have at least earned a $50,000 Performance of the Night bonus, but did not. That’s really only a small portion of his discontent, though.

“For a guy that puts it out there like me, they should, I don’t know. I’ve never had a boring fight, I come to fight every time. I put on a show. Five fights in a row, four knockouts in the last five, no bonus money, no (expletive), nothing. They suck. Whatever,” he said.

“Joe Lauzon, who is the bonus king, I knocked out the bonus king to get a bonus and nothing. Diego Sanchez, the guy is a legend that’s been around forever and how many bonuses has he won? I beat him and I don’t get a bonus. (Expletive) them.”

His pay, as well as that of other fighters is really what gets Iaquinta fired up. 

“I’m a professional freaking athlete, I just was on TV, FOX Sports 1, co-main event, and $50,000 is what I walk away with? Are you kidding me? NFL players are making real money. I should be buying houses on water, nice (expletive). This is (expletive) ridiculous,” Iaquinta ranted.

“And these guys are making all this money doing nothing. They are sitting there watching me fight. I’m the man; you are not. Dana White, he’s done a lot for this sport, but he’s got not one injury from this sport. For him to say the best part of UFC Brooklyn was the flight home. You are on a private jet, bro. Shut the (expletive) up,” he continued.

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“For most people, that would be the highlight of their life, forget the night. You were on a private jet, of course it’s the highlight of your night. These guys fighting in the cage getting hurt, Jim Miller… (White) owes an apology to all those (expletives). That is (expletive). Shut your (expletive) mouth.”

It was an epic rant from Iaquinta; one to rival the man he was largely talking about, Dana White, who is also not known for holding his tongue. 

But he wasn’t done. After confirming that “it is probable” that we won’t see him fight again for at least another year or two, Iaquinta continued to unload on White. 

“The fighters, we need to be heard. It’s our time now,” he said. 

“(White’s) gonna say the best part is the ride home. Shut the (expletive) up. Are you kidding me? Go (expletive) yourself. Don’t ever talk about a fighter like that. You are not a fighter. You don’t do it. You don’t know.”

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Article source: http://www.mmaweekly.com/al-iaquinta-rips-into-ufc-and-dana-white

 

Al Iaquinta Loves Fighting, but Intends to Sell Houses Following Diego Sanchez Win

(Courtesy of TheMacLife productions)

Al Iaquinta loves fighting, and he’s good at it. The Longo-Serra Fight Team member has racked up a professional record of 13-3-1, including going 8-2 in the Octagon. 

He is currently riding a five-fight winning streak after Saturday night’s knockout of Diego Sanchez.

With such a record, you’d think Iaquinta’s focus following Sanchez would be squarely on a Top 10 opponent and a path to a title shot. 

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For Iaquinta, however, he’s strongly leaning toward a life outside of the Octagon following his recent success, as he doesn’t believe that the risks he takes in the fight game are worth what his UFC contract pays him. 

Having gone two years between his last two fights, Iaquinta has built a burgeoning career in real estate, to which he seems intent upon returning.

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  • Of course he’s making bank on houses, it’s 2006 all over again right now. Wait until it’s 2008 all over again….. better stay in fighting shape.

  • You can find different Real Estate sites that give info on Agents so you can check them out before you buy or list a house with them.

    Checked out Al to see how he’s doing in the Real Estate business…. According to them Mr Al isn’t doing so well, He’s sold ZERO houses so far, listed two (which haven’t sold) and finally Al has rented one apartment (which means he probably made under 1000 bucks). Guess this is the real reason he’s back in the Octagan and so pissed he didn’t get a bonus.

    Al certainly isn’t cutting it as an Agent. But then again, we’ve seen him yell at the fans after fights, blow up and get mad at the UFC and other fighters. Know I’d think twice about wanting him to sell my house or find me a new one….. don’t need an agent with a quick temper. LOL

Article source: http://www.mmaweekly.com/al-iaquinta-loves-fighting-but-intends-to-sell-houses-following-diego-sanchez-win

 

Dana White and Snoop Dogg Talk 3-Point Pot Plan for Nick Diaz

(Courtesy of MERRY JANE)

UFC president Dana White sat down with famed rapper, actor, and all-around popular guy Snoop Dogg to discuss several matters in and around the Octagon – including the potential Conor McGregor vs. Floyd Mayweather boxing match – but when they really got down to business, talk centered on how to get and keep Nick Diaz in the Octagon.

Snoop, who has some experience with marijuana, which has been a stumbling block for Diaz’s fight career, has a simple 12-step, no, 10-step, no wait, a simple 3-step plan to achieve the goal.

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Article source: http://www.mmaweekly.com/dana-white-and-snoop-dogg-talk-3-point-pot-plan-for-nick-diaz

 

 

 

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