UFC Reaches New $375 Million Deal in Antitrust Lawsuit with Le Plaintiffs

UFC-backed TKO Group has reached a new $375,000,000 settlement with plaintiffs Le versus Zuffa this case, with a tentative agreement rejected by the trial judge earlier this summer.

In the new settlement she swam – exclusively for Le versus Zuffa coincidence, not Johnson vs. Zuffa In this case, representatives of the organization submitted a proposed settlement in the amount of $375,000,000, which is awaiting acceptance by the judge currently adjudicating on the case.

“On September 26, 2024, TKO reached an agreement with the plaintiffs to settle all claims asserted in the Le case in the aggregate amount of $375 million, payable in installments over an agreed period by the Company and its subsidiaries in court rejecting the previously proposed settlement,” it confirmed in this week’s press release. “The terms of the updated settlement have been written into a long-term agreement that will be submitted to the court for approval. The company anticipates that the settlement amount will constitute a tax deductible expense.

UFC responds to referee Richard Boulware’s concerns in a statement

Additionally, the UFC released a statement regarding the filing of a new agreement this week, directly addressing presiding judge Richard Boulware’s objections to the tentative agreement reached earlier this summer.

“We have reached an amended agreement with the plaintiffs to resolve the Le case on terms that we believe will address Judge Richard Boulware’s concerns,” the statement read. “While we believe the original settlement was fair – a sentiment shared by the plaintiffs – we believe it is in the best interests of all parties to end the dispute. As for the Johnson case, the process is at a very early stage and the motion to dismiss is still pending.”

In light of recent events, it appears that Judge Richard Boulware must now make another decision on the appropriateness and fairness of the new offer made in the proceedings Le versus Zuffa case – the UFC confirmed its intention to end the ongoing dispute.