Dana White-Led UFC’s 5 Corporate Jets and $9 Million Worth Travel Expenses Revealed Following the Formation of TKO at $21 Billion

Published 12/08/2023, 1:15 PM EST

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The UFC is one rich organization. It’s only natural for their expenses to be huge, right? But had you expected them to spend $9 million on travel alone? In a recent leak from the antitrust lawsuit, interesting new details have revealed the promotion’s expenses.

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While the lawsuit goes on, new revelations show that the promotion’s officials sure spent a ton on their travels. The UFC is a rather worldwide organization, with its events going down in locations like Australia and Abu Dhabi. Does this mean their travel costs could mount? Here’s what they spent on travel.

The UFC spends a lot on airplanes

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In a recent report, the costs of the UFC’s five corporate jets were revealed. It showed that the promotion’s yearly costs were about $9 million. This is a staggering amount for an organization of this scale. And that’s only being said because other sizeable companies have lower costs.

The names include Meta as well as Lockheed Martin, all of which barely spend over $1 million every single year. Perhaps it’s the massive fame that Dana White and company have accumulated that keeps them this fortunate. The UFC is valued at over $2o billion as of today. And their merger with TKO, which was worth about $21 billion, has made the promotion even bigger.

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Interestingly, CEO Dana White alone has a net worth of about $500 million. That’s no small fortune. However, the insane amount spent on air travel may raise other concerns. Such as the impact it has on the environment, one of the world’s rapidly degrading sources. So the UFC will have to try to curb the expenses.

But for now, the promotion is busy planning its next big pay-per-view. UFC 296 is upon us and it has some of the biggest fights planned. From a welterweight title bout to the potential career comeback of Tony Ferguson. The event will go down in Nevada. Here’s all the hype around the main event.

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Colby Covington is all in for the fight

Chaos‘ has been talking trash in his true and natural state as usual. Covington has found a proud supporter in Donald Trump and perhaps that’s what’s made him ramp up his insults against Leon Edwards, the reigning welterweight champion of the UFC.

Colby Covington Will Get “Richer off Lawsuits” Believe Fans After Public Assault Attempt on Him by Controversial Manager Comes to Light in Resurfaced Clip

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“He’s poking people in the eyes, kicking people in the n*ts, he’s grabbing the fence. I mean, the guy’s the biggest cheater the sport’s ever seen and that’s the only way I was able to prepare for him. Just prepare for all the cheating he’s going to do.” Covington once announced about Edwards. Clearly, he’s trying to break him with his mental game. Do you think Covington will win? Let us know your thoughts in the comments.

Watch This Story: Jorge Masvidal And Chael Sonnen Go Back And Forth 

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Written by:

Prit Chauhan

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I'm Prit Chauhan, and I'm a UFC writer at EssentiallySports. I've been in the writing business for three years, covering areas like mass media marketing, and even tried my hand at fiction. My experience includes research work at the University of California, Berkeley, which helps me spin fact-based stories about the world of Mixed Martial Arts effortlessly.
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Edited by:

Abhishek Kumar Das

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