Parent Company of UFC Settles Antitrust Lawsuits with Former Fighters for $335 Million
Las Vegas, Nevada – TKO Group Holdings, the parent company of UFC, has agreed to pay $335 million to settle two class-action lawsuits brought by former UFC fighters accusing the MMA promoter of violating antitrust laws. The lawsuits alleged that Zuffa, the predecessor entity that owned and operated UFC, underpaid fighters and engaged in anticompetitive behavior. The lawsuits, originally filed between 2014 and 2015, were consolidated into a single action in 2015. An additional lawsuit was filed in 2021. TKO reached an agreement to settle all claims in these lawsuits on March 13, 2024. The … Read more