A group of former UFC fighters are suing the promotion for a huge sum of money

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