Show Money 58 discusses the UFC antitrust settlement. Its the end of an era as the UFC antitrust lawsuit has settled for $335 million. We break down the lawsuit and discuss winners, losers and what’s next.
Zuffa
Parties in the Le antitrust lawsuit posture over Joe Silva testimony
The plaintiffs for Cung Le, et al. filed a letter with the Court hedging their bets on the testimony of Joe Silva. The longtime matchmaker of the UFC during the Fertitta era may be a key witness and Zuffa claims that he will voluntarily testify in person. The plaintiffs and defendants have been at odds […]
The Legal Submission 78
Endeavor files Motion to Dismiss in Johnson Antitrust Lawsuit
While the Le Antitrust lawsuit is gaining headlines since it is likely going to trial, the Kajan Johnson antitrust lawsuit against UFC –>Zuffa –> TKO Group Holdings, Inc. –>Endeavor is trailing and Endeavor filed a Motion to Dismiss the lawsuit on Monday. While its likely that this Motion will be denied like the motion that […]
Concerned over antitrust lawsuits, TKO Group stock gets ‘market perform’ rating
Since opening on Wall Street TKO Group Holdings, Inc. has been ascending based on the profits of the UFC and WWE. However, an investment bank, TD Cowen, has given the stock a “market perform” recommendation. Market perform is a neutral assessment that does not imply a strong recommendation to buy or sell. This is in […]