Masvidal Wins Lawsuit Against Fanmio: Will Collect $5M for Fight with Nate Diaz

2 Min Read

UFC veteran Jorge Masvidal has secured a significant legal victory. A Florida judge ruled in his favor, awarding him a judgment for breach of contract amounting to over $5 million.

Masvidal’s lawsuit was filed against the online platform Fanmio, which promoted his 2024 boxing match against Nate Diaz.

Judge Beatrice Butchko Sanchez approved Masvidal’s request, confirming the arbitrator’s ruling that awarded him $5,315,268.64, plus post-judgment interest.

Masvidal initiated the lawsuit in January, alleging that his agreement for the fight with Diaz included a purse of 6 million dollars, plus an additional million if he won. Masvidal lost the fight by decision and claimed to have received only an advance of 150,000 dollars and a payment of one million.

The referee backed Masvidal, ending this case with final approval. However, Fanmio still faces litigation with other fighters.

Nate Diaz also sued Fanmio, two weeks after Masvidal’s lawsuit, claiming over $9 million. An arbitrator awarded Diaz $6 million, plus attorney’s fees. This case is still awaiting final approval.

In March, Fanmio filed a lawsuit against Golden Boy Promotions and Ryan Garcia due to a canceled exhibition match with Rukiya Anpo, scheduled for December 31, 2024. Garcia chose to fight Rolando Romero in May.

Share This Article
Hola, estoy aquí para ayudarte con esta noticia!
Exit mobile version