The Ultimate Fighting Championship is looking to secure over $1B per annum from its next media rights deal, more than double what Disney-owned ESPN (NYSE:DIS) is paying the mixed martial arts promotion company at the moment,

The Ultimate Fighting Championship is looking to get more than $1 billion a year from its next media-rights deal, according to people with knowledge of the matter, more than double what the current contract holder ESPN pays.

Social media giant Meta announced Monday the appointment of three new directors to its board, including Ultimate Fighting Championship (UFC) head Dana White, a close ally to US President-elect Donald Trump.

Mr. White, a close ally of President-elect Donald J. Trump, further strengthens the social media giant’s connections with the incoming administration.

CEO and President Dana White will join Meta’s board of directors, the social media company announced Monday. White is part of a trio of new additions to the