$335M Settlement Saves Dana White & Co. as TKO Deal Brings UFC Antitrust Lawsuit to an End

In a recent development, the UFC has just suffered a massive loss in an antitrust lawsuit. Damon Martin recently took to his X account (formerly Twitter) to provide details of the entire event. Earlier, UFC fighters had filed the suit claiming that the company had underpaid them. According to reports, the UFC had used long-term, exclusive contracts to substantially delay and prevent free-agency, and had allegedly coerced fighters into re-signing deals.

A trial was scheduled to start on April 15, with damage caused at roughly $1.6 billion. However, the TKO group has finally decided to pay $335 million to resolve the five class actions from the fighters. Let us find out the detailed analysis of the whole judgment.

UFC settles the case with a payment of $335 million

Damon Martin, in his recent X (formerly Twitter)post shared, “The UFC antitrust lawsuit will no longer go to trial. The two parties have settled with the UFC agreeing to pay out $335 million to close out the lawsuits The company anticipates that the payout will be tax deductible.”

The class action lawsuit had claimed that the promotion underpays a few sections of the fighters. However, with the settlement, it now seems that the fighters will finally receive their dues. It will be interesting to see how things line up after this. Do you agree with the settlement news? Let us know in the comments below.

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The TKO Group born out of the merger between UFC and WWE has been facing the problem for a long time now. It was year 2014 when the antitrust lawsuit was filed against the worlds biggest promotion. Now with the matter already settled let us get into the details of the lawsuit which has put Dana White led UFC in trouble.

A detailed analysis of the antitrust lawsuit against the UFC

The antitrust lawsuit against the UFC was filed in 2014 by a group of fighters both current and past. According to the fighters the UFC violated the antitrust laws by monopolizing the payment scheme for the services paid by them. It is a class lawsuit action which represents more than thousand fighters. It includes all those fighters who have taken part in the UFC from December 16,2010 to the present. According to the reports these actions have hindered the caliber and variety of the MMA events.

It also affects the athletes from negotiating to get a better compensation and working conditions for them as well. In order to manage the difference the fighters wanted the UFC to pay the amount.  The Dana White led UFC had been trying to drag the case through judiciary and was even accused of using tactics to delay it. In an earlier post by ‘Bloody Elbow’ it was clear that the judge had declared a trial date in April this year. Well it is now clear that the matter has been finally settled after the payment of the compensation. Do you agree with the judgement? Let us know in the comments below.

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