It's good to be the president.
While Lorenzo and Frank Fertitta stand to pocket most of the earnings from the massive $4 billion sale transaction that saw the longtime owners give up ownership to the WME-IMG group, Dana White isn't going to go hungry anytime soon, either.
According to a report from ESPN, White stands to receive a $360 million payout for his share of the promotion and will sign a five-year deal to remain on as company president. It's a deal that will see him earn nine-percent of UFC's annual net profits; which means nicer presents for the family come Christmas time.