The Ninth Circuit denied permission for Zuffa to appeal Judge Richard Boulware’s decision to grant class certification to the ’bout class’ of plaintiffs bringing claims alleging the promotion’s anti-competive conduct. In a mundane, one page ruling on Tuesday, the Court granted the motion of the Chamber of Commerce to file an amicus brief in support […]
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UFC moves for summary judgment in antitrust lawsuit
The UFC has renewed its summary judgment motion in the Le antitrust lawsuit. Among the issues is the claim that it does not have monopsony power, its competitors claimed that the UFC did not use anti-competitive means to obtain market power and that some of the class members lack standing since they cannot prove they […]
Khabib’s contract included in an exhibit in UFC Antitrust Lawsuit
Last week, the UFC renewed its Motion for Summary Judgment against the plaintiffs in the antitrust lawsuit brought by Cung Le. After Judge Boulware’s order which unsealed many of the previous contracts of fighters, the UFC attached several, including Khabib Nurmogomedov’s to its motion. One of its arguments is that the contracts Zuffa gave its […]
Silver Lake looking to take Endeavor private
The private equity firm with 71% of the voting power of Endeavor is exploring options to take the company private including purchasing the company per Sportico. However, it is not looking to sell TKO Holdings, the new property which includes the WWE and UFC. Endeavor, which is valued at $8.4 billion, indicates that it believes […]