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Former UFC middleweight Nate Quarry, who was a vocal part of the fighter cohort in this class action, wrote on Reddit that the settlement “seemed to be the best option” available at this point.
The settlement, which was reached on March 13, will see TKO Group pay out $335 million.
UFC is hoping to get a court’s OK on a new $375 million settlement in a class-action lawsuit filed by former fighters alleging the MMA promoter violated antitrust laws. Under the revised ...
On August 9, 2023, U.S. District Judge Richard Boulware granted class action status to more than 1,200 former UFC fighters who competed between December 2010 and June 2017 and are suing for $800 million upward to $1.6 billion in wages, as the lawsuit claims Zuffa had abused its power to suppress UFC fighters' wages.
The American-based Ultimate Fighting Championship (UFC) is the largest mixed martial arts (MMA) promotion in the world. [1] Since its inception in 1993, the UFC has been the subject of controversies, ranging from moral condemnation of its events by politicians, which resulted in MMA being banned in many US states, to criticism for underpaying its athletes and for criminal behavior committed by ...
UFC parent company TKO Group Holdings reached a $335 million settlement regarding two antitrust lawsuits brought by former fighters in the organization, according to TKO's disclosure to the U.S ...
As of 2024 the UFC and WWE are the two most valuable combat sports promotions according to Forbes. With the UFC being the most valued MMA promotion having a value of $11.3 billion and a revenue of $1.29 billion in 2023, and WWE being the most valued professional wrestling promotion with a value of $6.8 billion and revenue of $1.33 billion in 2023.
The parent company of UFC will pay $335 million to settle two class-action lawsuits alleging that the promotion firm reduced the earning power of its fighters through anticompetitive behavior.