Dana White Takes Aim at Oscar De La Hoya Amid Financial Woes

In a recent showdown of words, UFC President Dana White didn’t hold back while discussing former boxing champion Oscar De La Hoya’s financial struggles.

During a ringside appearance at an event for his newly launched Zuffa Boxing promotion, White claimed that De La Hoya is facing significant debt, reportedly $23 million in the red.

The Financial Trouble

White’s pointed remarks came as he asserted that De La Hoya’s financial situation is dire:

“Oscar’s on a sinking ship and will not shut the f–k up,” White said. “He’s going to have to throw the panties and stockings back on and get OnlyFans to start paying his rent.”

This comment references De La Hoya’s notorious 2007 photo shoot, where he was photographed in fishnet stockings and underwear—a moment he later admitted was real. The rivalry between these two icons of combat sports has been long-standing, with jabs exchanged for over a decade.

The Default Crisis

The financial struggle facing De La Hoya stems from a $27 million commercial real estate loan taken out for a property located at 626 Wilshire Boulevard in downtown Los Angeles, which has gone into default. Reports indicate that De La Hoya aims to pursue a loan modification to maintain this asset amidst looming financial difficulties.

• Current Debt: $23 million
• Loan Amount: $27 million
• Property Location: 626 Wilshire Boulevard, Los Angeles

Competition in Combat Sports

The rivalry is not only personal but business-related. De La Hoya runs Golden Boy Promotions, a competing boxing brand, while White aims to expand his footprint in boxing with Zuffa Boxing. This competitive edge has heightened tensions, as both personalities vie for dominance in the increasingly popular combat sports market.

Lawsuits and Further Complications

Adding to De La Hoya’s challenges, he faces legal action from fighter Vergil Ortiz Jr. Ortiz has recently left Golden Boy Promotions, citing disputes over contract negotiations managed by his agent, Rick Mirigian.

Ortiz’s lawsuit alleges:

• Breach of Contract: Claims that Golden Boy’s mismanagement harmed his earning potential.

As De La Hoya navigates these tough times, his broadcast deal with DAZN is also reportedly on shaky ground, further complicating the financial landscape of his promotional company.

Key Takeaways

• Ongoing Rivalry: The feud between Dana White and Oscar De La Hoya exemplifies the fierce competition in the combat sports arena.
• Financial Challenges: De La Hoya’s default on a multi-million dollar loan raises questions about the future of his promotional endeavors.
• Legal Troubles: Ortiz’s departure from Golden Boy and subsequent lawsuit adds another layer of complexity to De La Hoya’s financial woes.

For updates on this ongoing saga, stay tuned to news sources covering changes in boxing and UFC management.

Explore more about Dana White’s latest ventures with Zuffa Boxing and Oscar De La Hoya’s journey with Golden Boy Promotions.

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