Jorge Masvidal Wins Legal Victory Worth Millions 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 2024 boxing match between Masvidal and Nate Diaz.
Judge Beatrice Butchko Sanchez approved Masvidal’s request, after an arbitrator awarded the former BMF champion $5,315,268.64, plus post-judgment interest.
Masvidal filed the lawsuit against Fanmio in January. In it, he alleged 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 a $150,000 advance and a $1 million payment.
The referee ruled in favor of Masvidal, and with final approval, the matter has been resolved.
However, Fanmio still faces lawsuits from other fighters.
Nate Diaz filed a lawsuit against Fanmio two weeks after Masvidal’s case, claiming he was owed more than $9 million. An arbitrator awarded Diaz $6 million, along with attorney’s fees. That case is still awaiting final approval.
In March, Fanmio filed a lawsuit against Golden Boy Promotions and Ryan Garcia for a canceled exhibition match with Rukiya Anpo, which was scheduled for December 31, 2024. Garcia chose to fight Rolando Romero in May.
