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We Rich Bitch, Forbes Magazine Features The Fertitta Brothers
By CagE | April 17, 2008
UFC Owner Lorenzo and Frank Fertitta and Dana White, to be featured on the cover of Forbes magazine.
Casino moguls Frank and Lorenzo Fertitta bought a violent fight club called Ultimate Fighting Championship–and built it into a billion-dollar sports empire.
It’s the Ultimate Money Machine. That night before the Super Bowl 10,700 fans packed the arena, paying an average of $340 for a ticket to witness nine mixed martial arts fights. Another 500,000 fans paid $45 ($55 for high definition) to watch five of the nine fights at home. The total haul from the event: $25 million.
Topics: News | 7 Comments »
April 17th, 2008 at 2:09 pm
i was reading the numbers on where the ufc was in 2001 and where they are now…its insane. i’ve got to hand it to dana and the fertittas…they know how to do business.
April 17th, 2008 at 7:45 pm
you have to admit that these brothers + dana are all rich as hell. i bet dana is worth at least $100 million.
April 17th, 2008 at 9:22 pm
I just found this:
Price the Fertittas paid for UFC in 2001: $2 million
Value today: $1 billion-plus
UFC estimated 2008 sales: $250 million
UFC is estimated to control 90% of the mixed martial arts industry.
UFC pay-per-view buys in 2001: 145,000
UFC pay-per-view buys in 2007: 5.1 million
The average UFC pay-per-view event draws 3 million male viewers between 18 and 49–often the same as a big college football GAME.
UFC employs 275 fighters.
Most make more than $100,000 a year.
Superstars make millions.
The average ticket price of a live UFC event in 2007: $250
April 17th, 2008 at 9:23 pm
wow. how rich are those guys???
April 18th, 2008 at 8:55 am
I guess if they are making so much money, perhaps their fighters should get paid a bit more.
April 18th, 2008 at 8:58 am
these guys are the top in their division though that are gettin paid that except for brock lesnar…he got paid more than frank mir for gettin beat
April 18th, 2008 at 3:04 pm
i wouldn’t have guessed that most of the UFC fighters were making over 6 figures. i wonder how much of that money actually comes from the UFC?