Conor McGregor has settled a lawsuit in Ireland filed by former teammate Artem Lobov over profits from the sale of Proper No. 12 whiskey.
Lobov had claimed he was owed 5% of the sale of Proper No. 12 based on a verbal agreement with McGregor and said he was "muscled out" of the business after it became profitable. On Wednesday, Lobov’s attorney Andrew Walker told the court that a settlement had been reached and the case would not go to trial. Terms of the agreement were not disclosed.
McGregor and his business partners sold Proper No. 12 to Proximo Spirits for $600 million in 2021, with McGregor reportedly earning over $100 million. Proximo Spirits later cut ties with McGregor after a court in Ireland found him liable in a civil lawsuit over an alleged 2018 sexual assault.
Following the settlement, Lobov said he was "happy with the resolution" and McGregor stated, "I want to thank him for his hard work for my whiskey business," while also referencing that the situation had been resolved "this summer." McGregor and Lobov were formerly close friends and training partners on the same team in Ireland, but their relationship deteriorated after the lawsuit was filed.
The settlement brings an end to a high-profile dispute between the two fighters before it could reach trial.
