Masvidal Wins Legal Million-Dollar Victory Against Fanmio
UFC veteran Jorge Masvidal has secured a significant legal victory. A Florida judge awarded him a default judgment of over $5 million in his lawsuit against the online platform Fanmio. This company was the promoter of his 2024 boxing match against Nate Diaz.
Judge Beatrice Butchko Sanchez approved Masvidal’s request, granting the sentence after an arbitrator 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 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, 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, claiming more than $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.
