By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
sportsdarbar
  • Home
  • PARALYMPICS
  • CRICKET
  • FOOTBALL
  • ALL SPORTS
    • MMA
    • Formula 1
    • Golf
    • Tennis
    • Hockey
    • Badminton
    • Kabaddi
    • Wrestling
    • Cycling
Reading: UFC’s £262 Million Settlement Offer for Former Fighters Rejected
sportsdarbarsportsdarbar
Font ResizerAa
  • Home
  • PARALYMPICS
  • CRICKET
  • FOOTBALL
  • ALL SPORTS
Search
  • Home
  • PARALYMPICS
  • CRICKET
  • FOOTBALL
  • ALL SPORTS
    • MMA
    • Formula 1
    • Golf
    • Tennis
    • Hockey
    • Badminton
    • Kabaddi
    • Wrestling
    • Cycling
Have an existing account? Sign In
Follow US
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
MMA

UFC’s £262 Million Settlement Offer for Former Fighters Rejected

admin
Last updated: August 3, 2024 8:11 am
admin 2 Min Read
Share
Credits:Getty Images

The UFC has criticized a judge who rejected a financial settlement it had reached with former fighters.

In March, the UFC’s parent company, the TKO Group, agreed to a £262 million ($335 million) settlement in two lawsuits involving approximately 1,200 former UFC athletes.

The former fighters claimed the UFC’s contracts suppressed their ability to negotiate with other promotions.

However, earlier this week, Judge Richard Boulware in Nevada refused to accept the settlement and set a tentative trial date for October.

“We obviously disagree with this ruling,” the UFC stated.

“As we have said throughout this process, we strongly believe in the merits of our cases and are evaluating all our options, including, without limitation, an appeal. We have initiated discussions with plaintiffs’ counsel, who have expressed a willingness to engage in separate settlement discussions for the Le and Johnson cases.”

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 such as Kajan Johnson, representing fighters from 2017 to the present.

The UFC had reached a joint settlement for both cases. The first lawsuit could begin on October 28.

Plaintiffs in both cases say they are open to “re-engaging” with the UFC over a new settlement or moving forward with the trial.

The judge had previously indicated he felt the settlement amount was too low.

The UFC merged with World Wrestling Entertainment (WWE) in 2023 to form the TKO Group.

 
 
Share This Article
Facebook Twitter Email Copy Link Print
Previous Article Boxing: Nikhat Zareen Eliminated in Round of 16
Next Article Wheatley to Leave Red Bull for Audi F1 Team Principal Role
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Most Popular

A Memoir of Soccer, Grit, and Leveling the Playing Field
10 Super Easy Steps to Your Dream Body 4X
Mind Gym : An Athlete's Guide to Inner Excellence
Mastering The Terrain Racing, Courses and Training

Preethi Pal Wins Bronze in T35 200m, Securing Her Second Medal at Paris Paralympics

By admin

Subscribe Now

Subscribe to our newsletter to get our newest articles instantly!

NEW T20 CAPTAIN SKY!

4 years ago

WHERE WAS FIRST OLYMPICS HELD?

11 months ago
  • ABOUT US
  • PRIVACY POLICY
  • DISCLAIMER
  • CONTACT US
Menu
  • ABOUT US
  • PRIVACY POLICY
  • DISCLAIMER
  • CONTACT US
Copyright @ 2024 Sportsdarbar
Go to mobile version
Welcome Back!

Sign in to your account

Lost your password?