UFC Settles First Antitrust Lawsuit for $375 Million
UFC Settles First Antitrust Lawsuit for $375 Million

UFC Settles First Antitrust Lawsuit for $375 Million

News summary

A Nevada judge has granted preliminary approval for a $375 million settlement in the first of two antitrust lawsuits against the UFC, concluding a decade-long litigation. The lawsuit, initiated by fighter Cung Le in 2014, claimed the UFC used its dominant position to suppress fighter wages from 2010 to 2017. The approved settlement replaces an earlier $335 million proposal rejected for being too low. This settlement will provide significant relief to hundreds of MMA fighters after legal fees are deducted. The UFC, part of TKO Group Holdings, still faces another lawsuit covering fighters from 2017 onwards. Both parties expressed satisfaction with the resolution, marking a significant milestone for the fighters involved.

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