Dana White and the UFC could make their champions pay a massive amount of money if they make one huge mistake.
While the American is an extremely successful businessman, he doesn’t mind having a laugh and a joke.
On one occasion, White was left in hysterics when Matt Serra roasted him with a hilarious burn.
However, if one of his title-holders made this colossal error, he wouldn’t be very pleased.
Sheesh: Dana White revealed crazy story of meeting Conor McGregor for the first time
Dana White and the UFC will fine champions who lose their belts, according to Tom Aspinall
Tom Aspinall recently appeared on an episode of The Diary of a CEO, where he revealed that UFC champions face a huge penalty from Dana White and the company if they lose their championship belts.
During the interview, host, Steven Bartlett, picked up a replica title as the Englishman’s real belt was at home.
The podcaster said: “I heard rumours online that the real thing actually costs about 300 grand, and you have to sign a contract that if you lose this belt, then you have to personally pay.”
Aspinall answered in the affirmative, explaining: “If it goes missing, I’m paying for it, so hopefully that won’t happen, but it’s in a very safe spot, so it won’t go missing.”
Dana White named his favorite fight in UFC history
While White wouldn’t be thrilled if one of the UFC champions lost their belts, there are lots of things that do bring a smile to his face.
In particular, the 55-year-old enjoys a good old-fashioned brawl.
During his time with the company, the entrepreneur has witnessed many an explosive contest.
However, one stands out from the pack. White revealed his favorite UFC fight ever.