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Less than two months after a judge rejected the UFC's original settlement for two class action lawsuits involving former fighters alleging the company suppressed their wages, a new settlement has been reached in one of the cases.
In an SEC disclosure filing from TKO Group Holdings—parent company of the UFC—posted on Thursday (h/t MMA Fighting's Mike Heck), the promotion revealed a $375 million settlement was agreed to by all parties involved:
"On September 26, 2024, TKO reached an agreement with the plaintiffs to settle all claims asserted in the Le case for an aggregate amount of $375 million payable in installments over an agreed-upon period of time by the Company and its subsidiaries following the court's denial of an earlier proposed settlement agreement.