Jorge Masvidal Wins Legal Victory Worth Millions 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.
The company promoted his boxing match in 2024 against Nate Diaz.
Judge Beatrice Butchko Sanchez approved Masvidal’s request, following the ruling of an arbitrator who awarded the former BMF champion $5,315,268.64, plus post-judgment interest.
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. 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 is resolved.
However, Fanmio still faces lawsuits from other fighters.
Nate Diaz filed a lawsuit against Fanmio two weeks after Masvidal’s, claiming a debt of over $9 million. An arbitrator awarded Diaz $6 million, plus attorney’s fees. That case is still awaiting final approval.
In March, Fanmio filed a lawsuit against Golden Boy Promotions and Ryan Garcia.
