Dana White transformed the Ultimate Fighting Championship (UFC) from a little-known combat sport to the world’s greatest pay-per-view event provider.
While the mixed martial arts promotion organization has signed some of the world’s top combat athletes as talent, the company’s success would not be feasible without the support of hundreds of other employees.
Rather than shutting down like most other businesses during the epidemic, UFC campaigned for a controlled setting where Covid-free bouts could be held. In the process, White helped firms avoid having to lay off employees or reduce their pay to stay afloat.
While other companies were shutting down and laying off workers, White took a different approach to the pandemic. Fight Island, a series of UFC events staged on Yas Island in Abu Dhabi, United Arab Emirates, continues the UFC’s activities.
When speaking with Jalen Rose, White elaborated on his previous thoughts. Something similar to this has occurred at your company. So, here’s what we’ll have to accomplish. We shut down and laid off 30% of our workforce. We halved the salaries of all of our executives. That is not something I will ever do.
Many of the employees have been with the organization since its inception, according to the UFC president. UFC did not have to lay off personnel or reduce salaries because they could continue to stage events on the island in Abu Dhabi.
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During the pandemic, fighters demanded higher pay
Several fighters expressed their desire for increased pay throughout the pandemic. Jon Jones, the light heavyweight champion, demanded a pay hike to fight Francis Ngannou at heavyweight.
Ngannou stated that he would not sue Jones for the money he was given. Jorge Masvidal also said that welterweight champion Kamaru Usman was offered less money than he was paid to fight Nate Diaz.
While White appeared to be opposed to cutting off staff or reducing compensation as a result of the pandemic, he showed no compassion for the fighters seeking a rise. At the UFC 250 post-fight interview, he addressed the problem.
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The majority of the media in this country will be laid off in the coming months, and that will be a bigger issue because everyone will want money.
Salary and Net Worth of Dana White
White has made a large fortune as the founder of the Ultimate Fighting Championship. The UFC president earns $20 million per year and has a net worth of $500 million, according to Sport Bible.