Connor brings a lot of value to the product, but corporate management never allow the tail to wag the dog, he wont get ownership he might get a version of profit share over and above what he gets now in events he fights in. He could potentially fight outside the UFC in a promotion he could own, but that could also distract him from doing what's required to stay on top. Securing a big multi fight contract is his best result, outside of his actual involvement as a fighter, I doubt Connor could deliver anything else to the UFC machine and hes only 1 or 2 losses away from being where Ronda is now, where the excitement about her coming back and even dominating the sport again just isn't getting any traction, The product that was Ronda Rousey is done.