Jorge Masvidal Wins Legal Million-Dollar 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, after an arbitrator awarded the former BMF champion $5,315,268.64, plus post-judgment interest, related to the fight.
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 claimed to have received only 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, alleging that 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, scheduled for December 31, 2024. Garcia chose to fight Rolando Romero in May.