UFC was able to avoid going to court over the class-action lawsuit brought forth by a large group of former fighters over lost wages.

Per an SEC filing, TKO Group Holdings reached an agreement to settle the lawsuit for $335 million on Wednesday.

John S. Nash @heynottheface

It's official. $335m. Tax deductible for the UFC. No mention of contract changes here. <a href=""> <a href="">

The initial lawsuit was filed in December 2014 by former UFC fighters Cung Le, Nate Quarry and Jon Fitch. It eventually grew to include more than 1,200 fighters who worked for UFC between December 2010 and June 2017.

C.B. Dollaway and Kajan Johnson filed a separate lawsuit against UFC and parent company Endeavor in June 2021. That lawsuit was similar to the original filing, except it was filed on behalf of "of those like themselves who fought in a bout promoted by the UFC on or after July 1, 2017."

Wednesday's settlement brings an end to both lawsuits that were filed.

A trial in the case was scheduled to begin on April 15 after U.S. District Judge Richard Boulware denied UFC's request to dismiss the lawsuit in January.

At the center of the lawsuit were allegations that UFC "used improper strategies to dominate the market for MMA fighter services, allowing it to pay its MMA fighters less than half as much as they otherwise would have received."

The alleged improper strategies include signing fighters to long-term, exclusive contracts that would substantially delay, or potentially totally prevent a competitor from hitting free agency and giving them the ability to negotiate a new deal for more money.

UFC was also alleged to have coerced fighters into re-signing deals and creating a monopoly on the sport by either acquiring or shutting down multiple competing promotions in violation of antitrust laws.

The $335 million settlement will be paid out in installments over an agreed-upon period of time.