TKO Group, the parent company of UFC, has reached a significant $335 million settlement on two lawsuits filed by a group representing approximately 1,200 former UFC athletes.
These athletes alleged that the UFC‘s contracts restricted their ability to explore other promotional opportunities, leading to claims of up to $1.6 billion in damages. Originally scheduled to commence on April 15, a court case is now unnecessary due to this settlement.
A spokesperson for the UFC stated, “We are pleased to have reached an agreement to settle all claims asserted in both the Le and Johnson class action lawsuits, bringing litigation to a close and benefiting all parties.” The terms of the settlement will undergo court approval.
Consolidating five lawsuits from 2014 to 2015 into one, with an additional lawsuit filed in 2021, this legal battle was led by former UFC fighters including Cung Le, Kyle Kingsbury, Kajan Johnson, Brandon Vera, and others.
Expressing their satisfaction with the settlement, the group announced on X, “We are pleased with the settlement and will disclose more when we file with the court in 45-60 days.”
Notably, UFC merged with World Wrestling Entertainment (WWE) in 2023 to create the TKO Group.
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