Jorge Masvidal Wins Million-Dollar Legal Victory Against Fanmio
UFC veteran Jorge Masvidal has secured a significant legal victory. A Florida judge awarded Masvidal a default judgment for over $5 million in his lawsuit against the online platform Fanmio.
The company Fanmio was the promoter of the boxing match between Masvidal and Nate Diaz in 2024.
Judge Beatrice Butchko Sanchez approved Masvidal’s request to grant the sentence after an arbitrator awarded the former BMF champion $5,315,268.64, plus post-judgment interest.
Masvidal sued Fanmio in January, alleging that his agreement for the fight with Diaz included a $6 million purse, plus an additional $1 million if he won the fight. Masvidal lost the fight by decision and stated that he only received an advance of $150,000 and a payment of $1 million.
The referee ruled in favor of Masvidal, and with final approval, this matter has been resolved. However, Fanmio still faces lawsuits from other fighters.
Nate Diaz filed a lawsuit against Fanmio two weeks after Masvidal’s, claiming that he was owed more than $9 million. An arbitrator awarded Diaz $6 million, in addition to attorney’s fees. That case is still awaiting final approval.
In March, Fanmio filed a lawsuit against Golden Boy Promotions and Ryan Garcia.
