Our Clients:

Field Level Media - Professional sports content solutions | FLM

Sep 26, 2024 2:40 pm

UFC reaches $375M settlement with fighters

UFC general view

The UFC has agreed to pay $375 million to settle an antitrust lawsuit, pending court approval.

TTKO Group — the UFC’s parent company — reached an agreement with the plaintiffs of Le v. Zuffa, a case in which former fighters allege the promotion violated antitrust laws. The lawsuit, which goes back a decade, claims that fighters received less pay than they should have because UFC’s business practices kept them from opportunities with other promoters.

Judge Richard Boulware II of the U.S. District Court of Nevada previously rejected a $355 million proposal that covered Le v. Zuffa and another suit.

The new proposed settlement is only for the Le case, with a second antitrust suit brought by former fighter Kajan Johnson and others still pending. Boulware must sign off on the agreement.

“We have reached a revised agreement with Plaintiffs to settle the Le case with terms that we believe address Judge Boulware’s stated concerns,” read a statement from UFC, per ESPN. “While we believe the original settlement was fair — a sentiment that was also shared by Plaintiffs — we feel it is in the best interest of all parties to bring this litigation to a close.

“As for the Johnson case, that process is in very early stages, and a motion to dismiss the complaint remains pending.”

The Le lawsuit alleges the UFC gained what is called a monopsony through its business practices by squashing the chance for fighters to take advantage of other offers from promoters.

Attorneys for the fighters have argued in favor of a settlement instead of a jury trial to avoid the possibility of a verdict followed by the lengthy appellate process, wanting the plaintiffs to receive a payout as soon as possible.

–Field Level Media

You may also like

Milwaukee Bucks
Dec 21, 2024 8:20 am

After ‘flat’ performance, Bucks look to bounce back vs. Wizards

The Milwaukee Bucks will look to shake off a blowout loss when they host the Washington Wizards on Saturday night in the second night of a back-to-back set. In a…

Minnesota Wild
Dec 21, 2024 7:59 am

Wild look for elusive win vs. Jets

The Minnesota Wild will face a challenging task when they visit Winnipeg on Saturday evening to take on the Central Division-leading Jets. While Winnipeg will be well-rested and awaiting the…

Donovan Mitchell
Dec 21, 2024 7:56 am

League-best Cavaliers face improving Sixers

After recording another statement win, the Cleveland Cavaliers will look to avoid a letdown when they host the Philadelphia 76ers on Saturday night. Cleveland improved to a league-best 24-4 with…

More News News

Milwaukee Bucks
Dec 21, 2024 8:20 am

After ‘flat’ performance, Bucks look to bounce back vs. Wizards

The Milwaukee Bucks will look to shake off a blowout loss when they host the Washington Wizards on Saturday night in the second night of a back-to-back set. In a…

Minnesota Wild
Dec 21, 2024 7:59 am

Wild look for elusive win vs. Jets

Donovan Mitchell
Dec 21, 2024 7:56 am

League-best Cavaliers face improving Sixers

Anthony Duclair
Dec 21, 2024 7:06 am

Anthony Duclair expected to return as Isles battle Leafs

Patrik Laine,
Dec 21, 2024 6:23 am

Patrik Laine, Habs shoot for home-and-home sweep of Wings

Read all
fb-post
advertisment
title-icon

Upcoming events

See all odds