UFC’s £262m settlement for former fighters rejected

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

The UFC are the biggest MMA promotion in the world The UFC has criticised a judge who rejected a financial settlement it had reached with former fighters. In March the UFC’s parent company the TKO Group agreed a £262m ($335m) settlement in two lawsuits that represented about 1,200 former UFC athletes. The group of former fighters claimed the UFC’s contracts suppressed athletes’ abilities to negotiate other promotional options. However, earlier this week in Nevada Judge Richard Boulware refused to accept the settlement and set a tentative trial date for October. “We obviously disagree with this ruling,” the UFC said. “As we have said throughout this process, we believe strongly in the merits of our cases and are evaluating all our options, including, without limitation, an appeal, and 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 that represents fighters from 2017 to the present. The UFC had reached a joint settlement for both cases. The first lawsuit could begin on 28 October. Plaintiffs in both cases say are they open to “re-engaging” with the UFC over a new settlement or moving forward with the trial. The judge had previously said he felt the settlement number was too low. The UFC merged with World Wrestling Entertainment (WWE) in 2023 to form the TKO Group. MMA schedule and results 2024 Watch every Born to Brawl episode Olympics: GB’s Johnson-Thompson in heptathlon, plus Roberts & McArthur in climbing final Transfer news, Man City news conference & EFL build-up Why Spain’s teams are dominating football A crumbling mansion with a gaggle of ghouls Watch all episodes of the US version of the hit UK series Will jealousy and rash acts tear everything apart? VideoWill jealousy and rash acts tear everything apart? Dive into the adventure drama film directed by Danny Boyle and starring Leonardo DiCaprio The journey to becoming a sporting legend. VideoThe journey to becoming a sporting legend Over 20 years of behind-the-scenes footage exploring Andy Murray’s incredible career From Britain’s most haunted house to alien sightings Delve into other-worldly mysteries with Sian Eleri Lyles’ bid for Olympic sprint double wrecked by Covid Tebogo wins 200m gold as Covid-hit Lyles comes third VideoTebogo wins 200m gold as Covid-hit Lyles comes third USA’s McLaughlin-Levrone takes hurdles gold in world record. VideoUSA’s McLaughlin-Levrone takes hurdles gold in world record Nadeem wins historic javelin gold for Pakistan. VideoNadeem wins historic javelin gold for Pakistan Aldridge wins women’s kite sailing gold for GB. VideoAldridge wins women’s kite sailing gold for GB Oh no! Mexico’s Vazquez Montana scores no points after ‘disastrous dive’ VideoOh no! Mexico’s Vazquez Montana scores no points after ‘disastrous dive’ Van Rouwendaal dedicates marathon swim gold to pet dog An unwanted sale – so why have Man City let Alvarez leave? GB’s Hudson-Smith narrowly misses out on gold in men’s 400m. VideoGB’s Hudson-Smith narrowly misses out on gold in men’s 400m Prepare for ‘Carsball’ – what to expect from Carsley’s England Mills confronts Hay after falling in 5,000m heat. VideoMills confronts Hay after falling in 5,000m heat ‘Spiderwoman’ Miroslaw wins speed climbing gold. Video’Spiderwoman’ Miroslaw wins speed climbing gold ‘They destroyed each other!’ Kerr takes silver as Ingebrigtsen misses out. Video’They destroyed each other!’ Kerr takes silver as Ingebrigtsen misses out ‘No more mountains’ as Harrington goes out on top McLaren boss Brown on title fight, revival and Newey How Hodgkinson kept golden promise to win Olympic title ‘Gold for being brilliant!’ Hodgkinson storms to Olympic 800m title. Video’Gold for being brilliant!’ Hodgkinson storms to Olympic 800m title ‘Unbelievable!’ Lyles wins 100m thriller by just 0.005 seconds. Video’Unbelievable!’ Lyles wins 100m thriller by just 0.005 seconds How Lyles’ torso decided greatest Olympics 100m final ‘Unbelievable!’ – Duplantis wins gold and breaks his own world record. Video’Unbelievable!’ – Duplantis wins gold and breaks his own world record © 2024 BBC. The BBC is not responsible for the content of external sites. Read about our approach to external linking.

https://www.bbc.com/sport/mixed-martial-arts/articles/c6p2y13r0l4o

Aman Mehndiratta
Aman Mehndiratta
Aman Mehndiratta encourages the concept of corporate philanthropy due to the amazing advantages of practicing this. He is a philanthropist and an entrepreneur too. That is why exactly he knows the importance of corporate philanthropy for the betterment of society.

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