| | The '''Ultimate Fighting Championship''' is the largest [[Mixed Martial Arts]] organization on the planet after recently buying out their top competitor, PRIDE. Originally begun in the mid 1990s as a way to showcase martial artists of different disciplines facing each other, the sport has evolved into weight classes and extra rules so that it could be accepted by the mainstream. The fighters have evolved as well. It is rare to have a fighter practice only one discipline. The fighters that win are usually well rounded in all facets of fighting. The current president of the UFC is [[Dana White]]. | | The '''Ultimate Fighting Championship''' is the largest [[Mixed Martial Arts]] organization on the planet after recently buying out their top competitor, PRIDE. Originally begun in the mid 1990s as a way to showcase martial artists of different disciplines facing each other, the sport has evolved into weight classes and extra rules so that it could be accepted by the mainstream. The fighters have evolved as well. It is rare to have a fighter practice only one discipline. The fighters that win are usually well rounded in all facets of fighting. The current president of the UFC is [[Dana White]]. |
| − | On July 9, 2016, the UFC announced that it would be sold to a group led by WME-IMG, its owner [[Silver Lake Partners]], [[Kohlberg Kravis Roberts]], and [[MSD Capital]], for $4 billion. Flash Entertainment (owned by the government of [[Abu Dhabi]]) will retain its 10% minority stake in the company, and White will also retain a stake.<ref name="nyt-ufcsold">{{cite web|title=U.F.C. Sells Itself for $4 Billion|url=http://www.nytimes.com/2016/07/11/business/dealbook/ufc-sells-itself-for-4-billion.html?_r=0|website=The New York Times|accessdate=July 19, 2016}}</ref><ref name="espn-ufcsale">{{cite web|title=Dana White on $4 billion UFC sale: 'Sport is going to the next level'|url=http://espn.go.com/mma/story/_/id/16970360/ufc-sold-unprecedented-4-billion-dana-white-confirms|website=ESPN.com|publisher=ESPN Internet Ventures|accessdate=July 19, 2016}}</ref> | + | On July 9, 2016, the UFC announced that it would be sold to a group led by WME-IMG, its owner [[Silver Lake Partners]], [[Kohlberg Kravis Roberts]], and [[MSD Capital]], for $4 billion. Flash Entertainment (owned by the government of [[Abu Dhabi]]) will retain its 10% minority stake in the company, and White will also retain a stake.<ref name="nyt-ufcsold">{{cite web|title=U.F.C. Sells Itself for $4 Billion|url=https://www.nytimes.com/2016/07/11/business/dealbook/ufc-sells-itself-for-4-billion.html?_r=0|website=The New York Times|accessdate=July 19, 2016}}</ref><ref name="espn-ufcsale">{{cite web|title=Dana White on $4 billion UFC sale: 'Sport is going to the next level'|url=http://espn.go.com/mma/story/_/id/16970360/ufc-sold-unprecedented-4-billion-dana-white-confirms|website=ESPN.com|publisher=ESPN Internet Ventures|accessdate=July 19, 2016}}</ref> |