UFC's Owner Pays $335 Million to Settle Antitrust Lawsuits with Fighters

TKO Group Holdings, the parent company of the UFC, has agreed to pay $335 million to settle a lawsuit filed by fighters nearly a decade ago, just before a trial was scheduled to start. The fighters had claimed that the UFC violated the Sherman Antitrust Act by abusing its monopoly power to limit their pay. The settlement will be paid in installments over an agreed-upon period of time and is subject to judicial approval. This comes as TKO, which is 51% owned by Endeavor, faces legal challenges unrelated to the UFC suits, including a bombshell lawsuit against former WWE executive chairman Vince McMahon and a class-action suit alleging a "sham sales process" in the merger of the UFC and WWE.