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What will be the total amount paid by TKO Group Holdings in the Le v. Zuffa settlement by December 31, 2024?
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Resolution / Starting Odds
Less than $300 million • 25%
$300 million to $375 million • 25%
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No payment made by deadline • 25%
Financial reports and official announcements from TKO Group Holdings
Story
TKO Group Reaches $375 Million Settlement in UFC Antitrust Lawsuit, $75M Increase Awaits Court Approval
Sep 26, 2024, 02:06 PM
TKO Group Holdings, the parent company of UFC, has reached a revised settlement agreement in the Le v. Zuffa antitrust lawsuit. The new settlement amount is $375 million, which is $75 million more than the original settlement that was rejected by Judge Richard Boulware in July. The settlement will be paid in installments and is subject to court approval. The agreement addresses concerns raised by the judge, but it remains to be seen whether he will approve it. The settlement will be tax deductible. Approximately 1,200 former fighters are expected to benefit from this agreement. The Johnson v. Zuffa lawsuit remains ongoing, with a motion to dismiss still pending. The agreement was reached on September 26, 2024.
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Less than $375 million • 25%
$375 million • 25%
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Approved without changes • 33%
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