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UFC reaches $375 million settlement on one class-action lawsuit, one other one stays pending

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LAS VEGAS (AP) — The UFC reached one other settlement with one of many two class-action litigants, agreeing Thursday to pay the previous fighters $375 million after a earlier settlement was thrown out by a Nevada district judge.

Decide Richard Boulware in July dismissed a $335 million settlement with two antitrust lawsuits, together with one introduced by Cung Le. The brand new settlement by UFC dad or mum firm TKO Group Holdings is with Le, who filed his lawsuit in 2014, and the court docket nonetheless should approve the phrases.

“Whereas we imagine the unique settlement was honest — a sentiment that was additionally shared by Plaintiffs — we really feel it’s in the perfect curiosity of all events to convey this litigation to an in depth,” the UFC stated in a press release.

The UFC nonetheless has not reached an settlement with Kajan Johnson, who filed his in 2021. In a press release, the UFC known as stated that was “in very early levels, and a movement to dismiss the criticism stays pending.”

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AP sports activities: https://apnews.com/sports

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