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"And That's The Bottom Line Because Stone Cold Said So"

On&nbsp;83 Weeks&nbsp;podcast, Eric Bischoff talked about the inception of UFC and that he could&#8217;ve bought this company during its early stages.



UFC was founded in November 1993 and has since come a long way. Back then, it wasn&#8217;t a competition to WCW &#8212; which was one of the biggest wrestling promotions in the world. Bischoff talked about the difference between today&#8217;s UFC and the time when it was still new to the business.&nbsp;



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">&#8220;Nobody looked at it as competition &#8211; it was a tough man contest,&#8221; Bischoff said. &#8220;Not taking anything away from people involved in it, but it was being promoted as a tough man type. It wasn&#8217;t being promoted the way it was being promoted today. I don&#8217;t think anybody looked at it as a threat or competition. As a fan, I was curious about it but not concerned about it.&#8221;</blockquote>



He further revealed that once he was offered to buy UFC but he &#8220;didn&#8217;t bother&#8221; checking the offer.&nbsp;



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">&#8220;If we&#8217;d have known then what we know now, I&#8217;d own it,&#8221; Bischoff said regarding the UFC. &#8220;I was offered to buy it at one point for 2 million dollars and I didn&#8217;t bother to return the phone call.&#8221;</blockquote>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">&#8220;The Fertitta&#8217;s, when they bought it, people didn&#8217;t realize how many 10s of millions of dollars the Fertitta&#8217;s lost before it turned around,&#8221; Bischoff said. &#8220;There was probably over a hundred million dollars of red ink that flowed out of UFC before it finally turned the corner. It wouldn&#8217;t have turned the corner had it not been for [The Ultimate Fighter] on Spike. That was the golden ticket, the lottery ticket, that turned things around.&#8221;</blockquote>

Former WCW President Eric Bischoff Talks About UFC: “I Was Offered to Buy It at One Point for $2 Million”

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