Get the latest gossip
Endeavor-Run TKO Group Pays $335 Million To Settle Antitrust Suit By UFC Fighters
TKO Group Holdings, the Endeavor-run parent of the UFC, has agreed to pay $335 million to settle a lawsuit filed nearly a decade ago by fighters in the mixed-martial-arts organization.
During its short run as a public company, TKO has been confronting a nest of legal challenges unrelated to the UFC suits due to a bombshell lawsuit filed by a former WWE employee against former chief Vince McMahon. McMahon, who had previously acknowledged paying other women millions of dollars in hush money in response to their claims of sexual misconducts, exited as TKO executive chairman shortly after the suit was filed. In a separate case, TKO shareholders filed a class-action suit in November 2023, alleging that the $21 billion merger of the UFC and WWE resulted from a “sham sales process.”
Or read this on Deadline