$375M UFC Antitrust Class Action Settlement
Unsplash | Published: September 28, 2024
Claim Form Deadline: Pending
Settlement Amount: $375 Million
Proof required: Yes
What's the UFC Antitrust Settlement?
A $375 million UFC class action lawsuit has been settled. The UFC class action lawsuit alleged that the UFC (also known as "Ultimate Fighting Championship", and owned by parent company "TKO") violated antitrust laws by paying its contracted professional UFC fighters less than they were entitled to by market standards and engaging in anti-competitive practices that harmed other MMA promoters. The UFC, and its parent company TKO have not admitted to any wrongdoing and have denied the allegations made in the $375M class action lawsuit.The MMA class action lawsuit alleged that the UFC's contract structure and business practices suppressed fighters' abilities to negotiate and explore other promotional options, creating a monopoly in the market for elite professional MMA fighter services. The class action settlement has been agreed to but must receive final approval from the court and judge in the case. The initial goal of the class action was to seek compensation for nearly 1,200 UFC professional fighters.
The UFC (through its parent company, called the TKO Group) agreed to the $375 million settlement in the UFC class action lawsuit. This new settlement amount is higher than the previously proposed $335 million settlement that was rejected by Judge Richard Boulware in July of 2024.
What Antitrust Laws Were Allegedly Violated by the UFC?
The laws allegedly violated were antitrust laws, specifically the Sherman Act. The lawsuit claimed that UFC violated antitrust laws by:• Paying UFC fighters less than they were entitled to receive.
• Hurting other MMA promoters through anti-competitive practices.
• Gaining an unfair advantage in the MMA industry through years of anticompetitive tactics.
What is the Total Settlement Amount?
The total UFC settlement amount agreed is $375 million, according to legal documents.How Do I Qualify For a Payout?
In order to qualify for a potential payout, if the MMA class action receives approval with the terms reported, you must be a former UFC fighter who competed during the specified period covered by the lawsuit.How Much Can I Get Paid?
The amount each individual can receive is not specified but will be determined from the $375 million settlement.How Do I File a Claim?
Further instructions on how to file a claim if there is a claim form or settlement website may be made available once the settlement is approved by the court if there is a class action settlement administration website stay tuned to OpenClassActions.com for further updates and details on this case, and for updates for when any claim form may become available.How Do I Find Class Action Settlements?
Find all the latest class actions you can qualify for by getting notified of new lawsuits as soon as they are open to claims:Claim Form Website: UFCClassAction.com
Filing Class Action Settlement Claims
Please note that your claim form will be rejected if you submit a settlement claim for payout with any fraudulent information. By providing this information and your sworn statement of its veracity, you agree to do so under the penalty of perjury. You would also be harming others that actually qualify for the class action settlement. If you are not sure whether or not you qualify for this class action settlement, visit the class action administrator's website below. OpenClassActions.com is only providing information and is not a class action administrator or a law firm. OpenClassActions is a participant in the Amazon affiliate advertising program and this post may contain affiliate links, which means we may earn a commission or fees if you make a purchase via those links.
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