White said the lawsuit is just one problem McGregor and Diaz will face after the altercation on Wednesday erupted because both fighters could also face potential punishment from the Nevada State Athletic Commission over the matter.
"They're both getting punished," White said. "What everybody's got to understand is we're overseen by the Nevada State Athletic Commission. I guarantee both of these guys are gonna get massive fines and there's probably going to be a hearing after the fight.
"There could be suspensions, community service, it's gonna be ugly."
There were rumours after the press conference was over that at least part of the madness that unfolded was premeditated by Diaz and his team after he got up from the table and left just minutes following McGregor's arrival.
White shot down that conspiracy theory while pointing out that the end result was a dangerous and likely very costly exchange that could backfire on Diaz and McGregor in the end.
"It was 100 per cent real," White said. "If you're going to come up with something staged, throwing cans and bottles on a stage is probably one of the dumbest things you could come up with.
"It's going to cost them both a lot of money, a lot of headache and hassle. They're both in big trouble."