While Dana White played a pivotal role in growing the UFC into a $4 billion worth enterprise, UFC legend Tito Ortiz may have unconsciously kicked off the whole gig. The UFC head honcho is a hard balling businessman who elevated the UFC to astronomical heights. Over the years, White has promoted several stars who brought huge profits to the company.
However, it may have been the former light heavyweight champion Ortiz who unintentionally sent White down the promotional path. According to a recent account from White, it was a conversation about Ortiz that planted the idea to purchase the promotion in his head.
ADVERTISEMENT
Article continues below this ad
White recounted the entire story during an interview with American entrepreneur Grant Cardone.
Dana White reveals the story behind the UFC purchase
Dana White told Cardone about his early days in the fight business. Before buying the UFC with the Fertitta brothers, White represented UFC greats like Chuck Liddell and Tito Ortiz. According to the 53-year-old’s revelation, the idea of purchasing the UFC stemmed from a conversation about Tito Ortiz.
“I got into a huge contract battle with the old owner Bob Meyrowitz over Tito’s contract. And then finally he flipped out and said, “You know what? There is no more f***ing money. I don’t even know if I have enough money to put on another event…”
He continued, “I hung up the phone and was like, ‘damn, alright.’ So I called the brothers… the Fertittas, and I said the UFC’s in trouble, I think we could buy it and I think we should.”
White said he connected Lorenzo Fertitta with Meyrowitz and the trio completed the purchase of the UFC months later. The deal went down for almost two million dollars, according to White.
While Ortiz inadvertently and obliviously became a reason for the landmark purchase, he did not have a great relationship with his manager turned boss, Dana White. The feud between the pair became public, and neither pulled any punches while talking about the other.
Tito Ortiz on his time in the UFC
The feud between Dana White and Tito Ortiz was one that had enormous entertainment value back in the day. It escalated to a point where the employer and employee decided to fight each other in a boxing match. However, the fight never materialized after Ortiz pulled out due to failed contract negotiations.
ADVERTISEMENT
Article continues below this ad
Despite their beef, Ortiz played a significant role in the company in its infant stages. “The Huntington Beach Bad Boy” appeared on Paddy Pimblett‘s Chattin Pony podcast earlier this year. During their conversation, the former light heavyweight champion revealed he fought for free in his first fight for the UFC.
“My first fight in UFC 13, May 30th, 1997. I fought as an amateur. I fought free.” Ortiz also shared that he was “the only UFC fighter in the UFC history that fought for free.” He also revealed that he once fought twice in one night as well.
ADVERTISEMENT
Article continues below this ad
Watch This Story– Freedom or Legacy? Dana White put forward a tough choice for Francis Ngannou
What are your thoughts on Tito Ortiz’s role in the purchase and success of the UFC? Where do you rank him among your UFC greats? Let us know in the comments below.