Connect with us

Nevada

Nevada district court judge denies settlement between the UFC and former fighters

Published

on

Nevada district court judge denies settlement between the UFC and former fighters


LAS VEGAS (AP) — A Nevada district judge denied a $335 million settlement Tuesday in two UFC antitrust lawsuits brought by former fighters, potentially sending both sides back to the negotiating table.

Judge Richard Boulware set Aug. 19 for a status update for both cases with a tentative trial date for the one involving former MMA athlete Cung Le on Oct. 28. A firm trial date will be scheduled at the conference.

The UFC issued a statement saying it disagreed with the ruling and already was in contact with the opposing counsel, “who have expressed a willingness to engage in separate settlement discussions.”

Boulware did not explain his decision, but an opinion will be forthcoming, according to the court document.

Advertisement

The settlement was agreed to in March.

The two class-action lawsuits by former UFC fighters were led by Le, filed in 2014, and Kajan Johnson, filed in 2021. Several other fighters also were mentioned in the suits.

They alleged the UFC attempted to act as a monopoly and thus limited the fighters’ ability to maximize their earnings.

The UFC’s statement said the judge’s decision also was harmful to the athletes who agreed to the settlement.

“(By) taking the unusual step of denying the settlement at this preliminary approval stage, the Judge is also denying the athletes their right to be heard during this pivotal moment in the case,” the organization’s statement read.

Advertisement

Mixed Martial Arts Fighters Association, led by one of the athletes’ attorneys, posted on X, “We have a story to tell about the monopolization of MMA.”

___

AP sports: https://apnews.com/sports





Source link

Advertisement

Nevada

Mansion on the Nevada Side of Lake Tahoe Swiftly Sells for $46 Million

Published

on

Mansion on the Nevada Side of Lake Tahoe Swiftly Sells for  Million


A waterfront mansion on the Nevada side of Lake Tahoe just sold for $46 million, less than three weeks after hitting the market. 

The speedy deal marks a departure from the typical U.S. market.

Nationwide, homes took a median 78 days to land a buyer in January, five more than the same time last year and the 22nd straight month of homes taking longer to sell on a year-over-year basis, according to data from Realtor.com. 

Mansion Global Boutique: Book Lovers Rejoice: 8 Must-Haves To Build Your Perfect Reading Nook

Advertisement

The lavish log cabin-like residence, in Incline Village, listed on Jan. 24 for $47.5 million. It sold 20 days later, on Feb. 13, listing records show. 

The more than 7,000-square-foot residence was built in 2014, and has double-height living spaces, walls of windows, beamed ceilings, fireplaces, and plenty of rustic exposed stone and wood, listing images show. 

Advertisement – Scroll to Continue

There’s also a gym, a wet bar, a spa, a wine room, an office, two separate game rooms, seven bedrooms and dramatic Lake Tahoe views. Outside, there’s a private sandy beach, multiple decks, a heated driveway and two exterior fireplaces, according to listing information. 

MORE: Visited by Kings and Larger Than Manhattan, Giant Scottish Estate Asks £67 Million

Advertisement

The seller and the buyer are both limited liability companies, according to property records. Both parties were represented by Jeff Brown of Tahoe Mountain Realty, who declined to comment on the deal. 

The median home price in Incline Village was $1.595 million as of December, a fall of 3.3% from a year earlier, according to data from Realtor.com. Listings, meanwhile, spent an average of 130 days on the market. 



Source link

Continue Reading

Nevada

Green Valley edges Liberty in Class 5A softball — PHOTOS

Published

on

Green Valley edges Liberty in Class 5A softball — PHOTOS