The deposition of Lorenzo Fertitta was included in Plaintiffs’ Opposition Brief to Zuffa’s Motion for Summary Judgment to dismiss the antitrust lawsuit. In contrast to the deposition of Dana White, Fertitta’s disclosed testimony offers a sobering recount of his old business.
Fertitta discussed the acquisition of the WEC:
Lorenzo Fertitta discusses the acquisition of WEC #UFC #sportslaw pic.twitter.com/5egTgWX4dE
— Jason Cruz (@dilletaunt) September 25, 2018
Fertitta explains that he didn’t believe that the WEC was a competitor but a regional promotion that featured lighter weight divisions. The testimony infers that Fertitta did not believe that the UFC was obtaining a rival but adding on to its offering by accessing lighter weight divisions.
Lorenzo Fertitta discusses the acquisition of WEC #UFC #sportslaw pic.twitter.com/5egTgWX4dE
— Jason Cruz (@dilletaunt) September 25, 2018
Fertitta was asked about the Ali Act and the reasons why boxing adopted the legislation. When asked about the glut of titles, he indicated that he was not concerned with the commissions regulating the sport but the consumer confusion with so many titles. This infers the mindset Fertitta had with the business. Rather than be concerned with any administrative issues, he was more concerned about the business side of the titles.
From Lorenzo Fertitta depo, asked about sanctioning bodies. LF says he was not concerned with commissions, but multiple titles created consumer confusion. #UFC #sportslaw pic.twitter.com/Txv0TNOSyD
— Jason Cruz (@dilletaunt) September 25, 2018
The attorney deposing Fertitta walked him through a text he received from Dana White regarding the negotiations they had with Gilbert Melendez. You may recall these were contentious as Melendez was a contender in the lightweight division and the UFC had to match the rights offered by Bellator.
Lorenzo Fertitta discusses the acquisition of WEC #UFC #sportslaw pic.twitter.com/5egTgWX4dE
— Jason Cruz (@dilletaunt) September 25, 2018
The pertinent section which is intriguing is a part of the text from White:
“….cut throat nasty business like you see in movies. Good s—t homie. Congrats.”
We are offered a bit of the text but the response from Fertitta is redacted. After it was read, there was a break.
It would have been interesting to see the response from Fertitta. Based on White’s text, we can infer whatever maneuvering executed by Fertitta worked.
Depo of Lorenzo Fertitta by on Scribd
Payout Perspective:
In contrast to Dana White’s deposition where he indicated he was a “genius,” Fertitta’s deposition seems mundane. There is not a whole lot we can gather from the testimony that is not redacted. From the information available, it does not look like Fertitta lost his cool or went off script. He would make a good witness on behalf of Zuffa. Fertitta’s dealings don’t address much of the detailed day-to-day work as White but it offers some information on behind the scenes of the company.
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