The Ultimate Fighting Championship (UFC) has reached a new settlement agreement with plaintiffs in their antitrust lawsuit.
As you may have heard, the UFC is facing two antitrust lawsuits – the Le case, which covers fighters from 2010 to 2017, and the Johnson case, covering fighters from 2017 onwards. A $335 million settlement was previously agreed for both cases, however, Judge Richard Boulware of the U.S. District Court of Nevada rejected the deal.
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The initial aim was to seek between $894 million and $1.6 billion in damages. Boulware believed the eventual $335 million was not a suitable amount when considering how much some plaintiffs would wind up receiving.
Now, however, it’s been confirmed that a new $375 million settlement has been agreed. That figure is only for the Le case, which would leave the Johnson case open to pursue further damages of their own.
New UFC antitrust settlement explained in 90 seconds. pic.twitter.com/sXG0HIrozd
— Erik Magraken (@erikmagraken) September 26, 2024
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