Fertittas selling UFC to make ownership play for Raiders?
The owners of the UFC are going to have a lot of money to spend if they wind up selling their extremely successful business, and there is already speculation that they could use some of that cash to make an ownership play at an NFL franchise.
Brothers Frank and Lorenzo Fertitta, who control the UFC’s parent company Zuffa, LLC, are said to be interested in the Oakland Raiders’ potential move to Las Vegas. Front Row Brian, who has been at the forefront of many major UFC-related news stories, believes that is the motive for selling.
Fertittas have always wanted to own an NFL franchise. The proceeds from this potential sale would allow it https://t.co/z8tXWd8Fuu
— FrontRowBrian (@FrontRowBrian) May 11, 2016
ESPN’s Darren Rovell broke the story on Tuesday about the UFC being in advanced talks about selling the company. He also speculates that the Fertittas could be eyeing the Raiders.
The asking price for the UFC is said to be in the $3.5 to $4 billion range. The Fertittas also announced on Tuesday that they have purchased the Palms Casino Resort in Vegas for just over $312 million.
As FightOpinion.com notes, Raiders owner Mark Davis has a lot less money than most of his fellow team owners. Davis wants to move the Raiders to Las Vegas, but he will need more cash to pull it off. That’s where the Fertittas would come in.
Call it a match made in heaven.
