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The UFC has reached a new settlement in one of its antitrust lawsuits and hopes a judge will greenlight it.
TKO Group -- the UFC's parent company -- reached an agreement Thursday with the plaintiffs of Le vs. Zuffa that will pay $375 million in the class action lawsuit in which former fighters allege the MMA promotion violated antitrust laws.
This amount exceeds the proposed $335 million settlement that Judge Richard Franklin Boulware II of the U.S. District Court of Nevada rejected in July.
Following the filing to the Securities and Exchange Commission, the UFC released a statement about the settlement in the Le case.