The UFC agreed to pay $335 million to settle antitrust lawsuits by former fighters
UFC Parent Company Paying $335 Million To Settle Ex-Fighters’ Wage Suppression Lawsuits. Some UFC fighters have long taken issue with the UFC’s compensation and contract system. Some fighters argue the nature of their jobs and training costs necessitate higher pay.
UFC parent company TKO Group Holdings reached a $335 million settlement regarding two antitrust lawsuits brought by former fighters in the organization. TKO's disclosure to the U.S. made public on Monday. UFC parent TKO has reached a settlement with two former fighters who filed antitrust lawsuits.
UFC, plaintiffs reach $335M settlement in class-action suits. UFC and plaintiffs reached $335 million settlement. UFC, Plaintiffs reach settlement of $335m. UFC says it will be a "reaction to a lawsuit filed by the plaintiffs' right to the right to sue the UFC.
The organization’s parent company admitted no wrongdoing but agreed to pay the fighters. The fighters had accused the company of suppressing their pay. The organization's parent company had no wrongdoing, but the fighters had sued the U.F.C. for $335 million.
UFC settles wage suppression allegations for $335 million before trial. TKO, the parent company of Ultimate Fighting Championship, will pay $335m to settle a class action lawsuit over wage suppression. UFC parent company TKO will pay the money to settle the lawsuit before trial, according to a filing.