A pair of class-action lawsuits filed by former UFC fighters against the mixed martial arts promotion have been settled, according to a regulatory filing made Wednesday. TKO Group Holdings, the parent company of the UFC, disclosed in an SEC filing that it reached a settlement on March 13 and is expected to pay the fighters $335 million in total. “The terms will be memorialized in a long-form agreement and then submitted to the court for approval,” TKO said in the filing.
In a statement provided to The Athletic by a UFC spokesperson, the promotion said: “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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: