New Trial Date Set For UFC Anti-trust Lawsuit

Date:

 The anti-trust lawsuit against the UFC will take place on February 3, 2025, a judge in Nevada has ordered.

In March the UFC’s parent company the TKO Group agreed a £262m ($335m) settlement in two lawsuits that represented about 1,200 former UFC athletes.

Judge Richard Boulware rejected the settlement and said the figure was too low.

The new trial will take place next year unless Judge Boulware approves a preliminary settlement agreement between the parties.

There are two separate lawsuits, one filed by fighters Cung Le and Nate Quarry in 2014 representing fighters from 2010 to 2017, and a second filed by fighters including Kajan Johnson that represents fighters from 2017 to the present.

The group claims the UFC’s contracts suppressed athletes’ abilities to negotiate other promotional options.

The 2014 lawsuit alleges the UFC attempted “to acquire and maintain monopsony power in the market for elite professional MMA fighter services”.

The UFC had reached a joint settlement for both cases and criticised judge Boulware’s decision to reject the agreement.

Share post:

Subscribe

spot_img

Popular

More like this
Related

NCDF Opens Applications For 2025 Fortune Entrepreneur Accelerator, Summit & Venture Capital Programme

The Nigerian Capital Development Fund, NCDF, in collaboration with...

FCTA Constitutes Land Vetting Team To Fast Track Regularisation Process In Area Councils

By Ismaila Jimoh, Abuja In a bid to fast track...

BREAKING: Pope Francis Dies At 88

Pope Francis, the first Latin American leader of the...

Again, Like Dangote, NNPCL Reduces Petrol Price

...More price reductions likely as Dangote, Port Harcourt refineries...