A legal battle between a fighter and a promotion company has resulted in a substantial payout! Jorge Masvidal, a UFC veteran, has been awarded over $5 million in a lawsuit against Fanmio, the platform that organized his 2024 boxing match with Nate Diaz. But here's the catch: Masvidal claimed he was owed $6 million plus a potential bonus, but only received a fraction of that amount.
The case, presided over by Judge Beatrice Butchko Sanchez, ruled in Masvidal's favor, granting him the full amount plus interest. This decision came after an arbitrator's award of $5,315,268.64, ensuring Masvidal's financial victory.
This isn't the only lawsuit Fanmio is entangled in. Nate Diaz, Masvidal's opponent, also sued the company, alleging he was owed over $9 million. The arbitrator awarded Diaz $6 million plus legal fees, but the case is still pending final approval. And it doesn't stop there—Fanmio is also in legal disputes with Golden Boy Promotions and Ryan Garcia over a canceled exhibition match.
The question remains: Are these legal battles a sign of a troubled promotion company, or simply the nature of the combat sports industry?