This could be the biggest story of the year
A number of former UFC fighters have banded together to launch a class action lawsuit against the promotion. The lawsuit accuses the UFC of being a monopoly that forces out competition from rival promotions and limits fighter earnings. Hundreds of fighters are reportedly involved with the case and the sum of money the group are seeking from the UFC is estimated to be in the nine-figure range.
The lawsuit against ZUFFA LLC, the parent company of the UFC, has been in the works for a long time, according to the lawyers involved. After several months of rumours, they officially announced they would be filing the lawsuit at a press conference in San Jose today. The suit has named three plaintiffs: current UFC middleweight Cung Le, and former UFC title contenders Jon Fitch and Nathan Quarry.
UPDATE:
https://twitter.com/TheJivemaster/status/544989205496356866
MMA journalist Ariel Helwani was at the press conference today and he livetweeted the event, which you can see below.
https://twitter.com/arielhelwani/status/544957421861748736
https://twitter.com/arielhelwani/status/544966294680788992
https://twitter.com/arielhelwani/status/544966422447665152
https://twitter.com/arielhelwani/status/544966783095304192
https://twitter.com/arielhelwani/status/544966945477763072
https://twitter.com/arielhelwani/status/544967243793051648
https://twitter.com/arielhelwani/status/544967801887531008
https://twitter.com/arielhelwani/status/544968218343784449
https://twitter.com/arielhelwani/status/544971356639481858
https://twitter.com/arielhelwani/status/544972487771971584
https://twitter.com/arielhelwani/status/544972696665092096
https://twitter.com/arielhelwani/status/544973359625543680
Hat-tip to ESPN
