Lorenzo Fertitta Takes New Job With Red Rock Resorts, Inc.

As UFC continues to deny that the company has been sold, current UFC co-owner Lorenzo Fertitta has accepted a new job with Red Rock:

Lorenzo Fertitta, chairman and chief executive officer of Zuffa since June 2008, entered into a five-year new employment agreement with Red Rock, with an annual salary of $500,000, in connection with the latter’s IPO in April. He is currently a Vice President of Red Rock, according to an SC13D filing by the company on May 12, in addition being a member of its board of directors. Also, Stations Casinos and Fertitta Entertainment agreed in October, 2015, to help Fertitta Entertainment employees move money they have in Zuffa 401(k)’s out of that plan and into a new one.

About Debbie Wiseman

Editor in chief, Conor McGregor fangirl, animal lover. Follow me on twitter @MMAPARADISE and @nevernotdebbie