In the latest announcement of TKO Group (the parent company that owns UFC), they said the tournament has reached an agreement to compensate for Cung Le and many other former boxers. Instead of bringing the incident to court, Cung Le's group agreed to receive a compensation of $ 375 million before tax.
The dispute between the group of boxers (led by Cung Le) and UFC broke out many years ago. Initially, the Palace group wanted to bring the case to court, and required the compensation amount of up to 1.6 billion USD. Therefore, reaching an individual compensation agreement (at a much lower level) is the success of UFC.
Currently, UFC is the largest market share in the MMA format. Bonuses for boxers participating in UFC are also higher than the common ground in many other tournaments. But from the perspective of experts, UFC pays the martial artists much lower than the money they earn.
The world's leading sports tournaments such as NBA (basketball) and NFL (rugby) have a salary fund that accounts for nearly 50% of the revenue of the tournament. Meanwhile, the UFC budget is used to pay for the boxer in only 16-20%, much lower than the common ground.
On the side of Le, this boxer joined UFC in 2011, after winning the MMA Strikeforce championship. However, the achievement of the palace at UFC is not too impressive. This boxer played 4 matches, won 2 and lost 2. The defeat of Cung Le took place against Wanderlei Silva and Michael Bisping.