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Dana White Says He Won’t Give Conor McGregor UFC Ownership Stake For Free

(Photo by Isaac Brekken/Getty Images)

David Hookstead Smoke Room Editor-in-Chief

UFC president Dana White has no plans to hand Conor McGregor a piece of ownership in the league for free.

McGregor announced his retirement Tuesday from fighting, and many have seen this as a possible negotiation tactic. If he wants a part of the UFC in order to come out of retirement, he might be in for disappointment. (SLIDESHOW: These UFC Women Really Hate Wearing Clothes)

“Listen, if you want to own a piece of the company, you have to put up the money to buy a piece of the company … I mean, that’s how it works,” White told TMZ in a video posted late Tuesday afternoon. (SLIDESHOW: These Are The Greatest Ronda Rousey Photos On The Internet)

The situation is only more complicated because a report broke Tuesday that the Irish-born star is also under investigation for an alleged sexual assault in his home country.

There’s no guarantee as to whether he’ll come back or how that investigation will be resolved. My guess is that you’re not likely to see the UFC star back in the octagon until that entire situation is resolved.

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Any proper knocks ?

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If that happens in McGregor’s favor, it still doesn’t sound like Dana White is going to sign over a piece of his company in order to entice him to fight again.

What an absolutely wild 48 hours for the retired UFC star. My guess is that it’s also only going to get crazier before it slows down. Just an unreal situation all the way around.