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A federal judge scuttled the proposed $335 million settlement between the UFC and fighters in two separate class-action lawsuits who alleged the MMA promoter violated antitrust laws. On Tuesday ...
TKO Group Holdings, the parent company of the UFC, will pay $335 million after settling two class action lawsuits brought by ex-UFC fighters. (Photo by Cooper Neill/Zuffa LLC via Getty Images ...
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 ...
[4] [5] On October 21, 2024, Judge Richard Boulware of Nevada granted preliminary approval for a $375 million settlement in the "Le vs. Zuffa" antitrust lawsuit for monopolistic practices. As part of the settlement, around $240 million to $260 million will be distributed to eligible fighters, specifically those who competed in at least one UFC ...
Judge Richard Boulware in July dismissed a $335 million settlement with two antitrust lawsuits, including one brought by Cung Le. The new agreement by UFC parent company TKO Group Holdings is with Le, who filed his lawsuit in 2014, and the court still must approve the terms.
It produces events worldwide that showcase 11 weight divisions (eight men's and three women's) and abides by the Unified Rules of Mixed Martial Arts. [10] As of 2024, it had held over 700 events. Dana White has been its president since 2001 and CEO since 2023. Under White's stewardship, it has grown into a global multi-billion-dollar enterprise.
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 ...
The new agreement by UFC parent company TKO Group Holdings is with Le, who filed his lawsuit in 2014, and the court still must approve the terms. UFC reaches $375 million settlement on one class ...