Overview
- Judge Beatrice Butchko Sanchez of Miami-Dade’s Eleventh Judicial Circuit entered a final default judgment enforcing an arbitrator’s $5,315,268.64 award plus post-judgment interest.
- Masvidal’s contract guaranteed $6 million, rising to $7 million with a win, but he received only a $1 million payment and a $150,000 advance.
- Fanmio did not dispute non-payment in arbitration and failed to respond in court, resulting in the default judgment.
- Nate Diaz separately won a $6 million arbitration award, plus a $500,000 penalty against Fanmio founder Solomon Engel and attorney fees, with court confirmation still pending.
- Combined awards leave Fanmio facing liabilities reported at more than $11 million as Masvidal moves to enforce collection.