UFC Reaches $375 Million Antitrust Settlement
UFC Reaches $375 Million Antitrust Settlement

UFC Reaches $375 Million Antitrust Settlement

News summary

The UFC and its parent company TKO Group have reached a revised settlement of $375 million in the class action lawsuit Le vs. Zuffa, which alleges the UFC violated antitrust laws by suppressing fighters' earnings and monopolizing the market. This settlement follows a previous $335 million settlement that was rejected by Judge Richard Boulware in July for being inadequate. The new agreement addresses the judge's concerns and is pending court approval. A second lawsuit, Johnson vs. Zuffa, remains unresolved with a motion to dismiss still pending. The UFC maintains that the original settlement was fair but seeks to close this litigation for the benefit of all parties involved.

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