The UFC has been sold for $4 billion, and Rorion Gracie, the man that created the organization in 1993, is happy for Dana White and the Fertitta brothers.
"I don’t know the exact details of the sale." Gracie reacted when asked by MMA Fighting on Monday. "I heard it was going to be sold and Dana will continue as president."
WME-IMG announced the purchase of the company on Monday, and White will continue as UFC president. Frank and Lorenzo Fertitta will also continue with "passive minority interest," the company announced.
"They did the right thing.