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Florida Judge Enters $5.3 Million Default Judgment for Jorge Masvidal Over Fanmio Nonpayment

The ruling clears Masvidal to pursue collection, with Nate Diaz’s separate arbitration award still pending federal approval.

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.