Lorenzo Fertitta adds an interesting detail to the ‘UFC almost died before TUF saved it’ story. This part comes at the “34 million dollars in the hole” junction of the story:
“I started to feel really stressed out about it because I’d gotten my brother into this,” Lorenzo Fertitta said last week. “When we bought in, we had all our advisors against us. Even our dad called. He said we were going to ruin the family name.
“I told him we really wanted to do it. We went against him for the probably the only time, but the losses got a little ridiculous.”
The Fertittas basically inherited their casino empire from their father, so saying “No pa, I love MMA and am going to keep doing it!” was probably not the easiest thing to do, especially once the red ink was really flowing with no end in sight.