TKO Group Agrees to $335 Million Settlement in UFC Class-Action Lawsuits
The settlement resolves allegations of wage suppression and monopolistic practices by the UFC's parent company, avoiding a trial set for April.
- TKO Group Holdings, the parent company of UFC, will pay $335 million to settle class-action lawsuits filed by former UFC fighters.
- The lawsuits accused UFC of anticompetitive behavior, underpaying athletes, and maintaining a monopoly over the mixed martial arts market.
- The settlement, reached on March 13, 2024, will be paid in installments and requires court approval.
- More than 1,200 fighters were represented in the lawsuits, which sought damages up to $1.6 billion.
- The settlement is seen as a victory for past, current, and future UFC fighters, according to the Mixed Martial Arts Fighters Association.