Last month, TKO Group Holdings reached a $375 million settlement agreement with the plaintiffs in the Le vs. Zuffa case (which covered the fighters from 2010 to 2017). On Tuesday, Judge Richard Boulware issued preliminary approval for the settlement terms.
The attorneys released the following breakdown of how much fighters will receive:
“Under the Settlement, Le Class members would recover (on average), after all fees and costs are deducted, $250,000. Thirty-five Class members would net over $1 million; nearly 100 fighters would net over $500,000; more than 200 fighters would recover over $250,000; over 500 fighters would net in excess of $100,000; and nearly 800 would recover over $50,000.”
A spokesperson for UFC issued the following statement to MMA Fighting:
“Today’s decision is welcome news for both parties. We are pleased to be another step closer to bringing the Le case to a close.”
Johnson v. Zuffa (which covered the fighters from 2017 to the present) is scheduled for trial on February 3. However, the company is likely to reach a settlement agreement before the trial begins.