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For months, UFC CEO Dana White has billed the White House card as a once-in-a-lifetime event—a spectacle on the South Lawn that commemorates America’s 250th birthday. Dana White is promising something “special.” However, as the buzz grows, the fine print is starting to sound a little different depending on who’s talking.

Terrell Owens holding Dude Wipes XL

Because while the UFC CEO previously stated that he hopes to announce the card this week, TKO COO Mark Shapiro just confessed something surprising at Morgan Stanley’s technology, media, and telecom conference: the card isn’t even done yet. And the price? It might not stop at $60 million as estimated earlier.

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Mark Shapiro says $60M may “inch forward” as the card remains unfinished

“We talked about that on our earnings call, but where we’re sitting today is we’ll roughly spend $60 million on the event,” Mark Shapiro said. “That is inclusive of the fees we pay to the fighters. However, we’re not done there yet because the card is not done.

“So I see that 60 probably inching forward, but we expect today to capture 30, roughly half of the 60, in inventory packages that we’re selling to corporate sponsors.”

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That is notable, especially since head honcho Dana White just hinted during an Instagram live a few days ago that the UFC White House fight announcement might come this week. Compared to Dana White’s, Mark Shapiro’s tone felt more cautious. The broadcast partner? Still “TBD.” However, looking from a news perspective, CBS should be there, but nothing is locked just yet. TKO hopes to recoup nearly half of the investment through sponsorship inventories, which amounts to almost $30 million. Still, the head of the company made it clear that profit is not the goal here.

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“And as we inch above the 60, the revenue will come up commensurately,” he added. “So we should be in a good position. And by the way, whatever we lose, $30 million at this point on the event, are we really losing?

“I mean, other properties would kill to have the opportunity we’re going to have, and we’re grateful to the president for wanting to do this and putting us front and center in the birthday celebration, if you will.”

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Mark Shapiro reiterated that while the promotion will not profit from this event, no matter what, it’s going to be a huge celebration. The TKO head also assured that the fights themselves would be worth the spectacle, claiming that each fight would be “all-star caliber.”

To summarize his speech, there are some big words, large sums of money, and, for now, some confused messaging. So, here we are: the stage is historic, the cost is only rising, the card has not been finalized yet, and the announcement is apparently just around the corner.

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If nothing else, the UFC White House event is already living up to one promise—it’s getting attention, especially with all the fiasco about the finances, fight cards, and the return of Conor McGregor.

Colby Covington claims Dana White may still bring Conor McGregor despite refusal

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And just when it seemed like the UFC White House buzz couldn’t grow much louder, Colby Covington added fuel to the fire. Most people saw Dana White’s public denial of a rumor regarding Covington vs. Conor McGregor headlining the event as a harsh no, but ‘Chaos’ didn’t. In fact, he spun it the other way.

“I did see those rumors, and the fact that he had to go comment on it, that it’s not going to happen, just shows that maybe it could happen,” he told Bloody Elbow. “I think it’s a possibility. Conor showed a lot of love to me when we were at the inauguration in DC when Trump got elected.

“We have a good relationship, and I know a couple of his managers. They like the fight.”

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For him, the pieces make sense: big personalities on the grandest American stage possible, offering maximum chaos before they even put on gloves. However, even Colby Covington admitted reality exists, one in which he may not go toe-to-toe with ‘The Notorious’ because the Irishman and the promotion may have some other plans in mind.

“Conor McGregor vs. Colby Covington, I think it makes a lot of sense,” he added. “It sells a lot to the fans, but ultimately it’s up to the company.

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“We can’t decide what the company wants to do and the direction they want to go with their business.”

So, while Dana White may be downplaying Conor McGregor’s involvement, don’t expect the whispers to die down. If the theme of this UFC White House event is attention, a McGregor curveball, particularly against someone like Colby Covington, would fit the theme perfectly.

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Written by

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Abhishek Kumar Das

3,202 Articles

Abhishek Kumar Das is a Senior Combat Sports writer at EssentiallySports, known for his sharp extensive coverage of the UFC and WWE. Specializing as the go-to expert on Joe Rogan, Abhishek provides nuanced reporting on the evolving discourse surrounding Rogan’s influence on combat sports and its intersection with American politics. Over the past three years, he has built a reputation for delivering timely breaking news and thoughtful analysis, often exploring off-court drama and current affairs tied to the fight world.

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Gokul Pillai

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