Earlier today, it was announced that the Plaintiffs (the fighters) in both UFC antitrust cases have reached a settlement with the Defendant (UFC/Zuffa) in the amount of $335M—a figure that will end up being tax deductible for the UFC. No further details were released other than a 50 day suspension of the case (to approve the settlement) and an order for both parties to file a status report on or before May 1, 2024.
We break down some important factors that will come into play as the final stages of this case get resolved. The episode is brief, but answers the following questions:
How many fighters are represented in the Le v Zuffa case?
How many fighters are represented in the Johnson v Zuffa case?
How many fighters from each of the cases will be eligible for settlements?
How the $335M amount may have been reached
How the amount falls in line with recent National Association of Realtors antitrust case
Method fighters will likely get paid
Method attorneys will likely get paid
Possibility of contractual changes
Why class waivers are such a big deal
Would other promoters be able to pick up the mantle and file suit against the UFC?
Would there be reasons why they shouldn’t?
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