UFC's parent company, TKO Group, settles $335 million lawsuit over fighter pay suppression.

UFC's parent company, TKO Group, has settled a $335 million lawsuit brought by mixed martial artists who accused the organization of suppressing fighter pay through abusing its market position. The settlement avoids a costly trial and removes the risk of a judge imposing remedies that could disrupt the industry's business model. Full details of the settlement, which requires court approval, have not yet been released.