Jorge Masvidal Wins Million-Dollar Lawsuit 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 was the promoter of the Masvidal vs. Nate Diaz boxing match in 2024.
Judge Beatrice Butchko Sanchez approved Masvidal’s request, granting the sentence after an arbitration ruling that awarded the former BMF champion $5,315,268.64, plus post-judgment interest related to the fight.
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 claimed to have received only a $150,000 advance and a $1 million payment.
A referee ruled in favor of Masvidal, and with the final approval, this matter has been resolved.
However, Fanmio still faces litigation with other fighters.
Nate Diaz filed a lawsuit against Fanmio two weeks later, claiming that he was owed more than $9 million. An arbitrator awarded Diaz $6 million, in addition to attorney’s fees. This case is still awaiting final approval.
In March, Fanmio filed a lawsuit against Golden Boy Promotions and Ryan Garcia.
