Advertisement
Advertisement

Arum Not Sold on Golden Contract For Donaire-Mares

by Ronnie Nathanielsz

Top Rank promoter Bob Arum has ripped the contract submitted by Golden Boy Promotions CEO Richard Schaefer, offering “Fighter of the Year” Nonito “The Filipino Flash” Donaire $3 million dollars to fight WBC super bantamweight champion Abner Mares in June. The signed contract was sent to Arum’s lawyer David Marroso [ Click Here To Read The Full Contract ].

Arum told BoxingScene.com/Manila Standard:

“Nonito knows –and he’s nice boy and realizes it – that because of HBO he has been able to fight four times on television last year and that enabled him to become ‘Fighter of the Year’. It would be the essence of disloyalty on his part and on my part if we allowed a fight with Nonito and Mares to be on Showtime.”

Arum also pointed that Schaefer knows that - “June is not a possible date for Nonito because (his wife) Rachel is scheduled to have a baby in June” and he made it very clear weeks ago that June-July were out.

The astute Top Rank promoter cited a provision in the contract which he said:

"[If the fight doesn’t push through] for any reason, there’s no liability and he walks away. Look what they snuck in there. In other words he promises $3 million [and] goes down that road and then he can’t get that from a network and he realizes the fight isn’t worth $4 or $5 million [and] he just walks away with no liability!”

In an earlier article on BoxingScene , Mares said he was willing to fight Donaire on April 13th and was also disappointing that Donaire and his promoter never sent a counter-offer to Golden Boy's contract.

The Top Rank promoter disclosed:

“We have a commitment on April 13 to HBO which we are going to honor and we are going to make an announcement on the fight shortly, probably by the end of the week.”

Several weeks ago Arum told us Donaire’s opponent would be WBA champion Guillermo Rigondeaux, the Olympic two-time gold medalist.

“[Donaire] is going to make his biggest purse in that fight and so we go on from there.”

Donaire received a $1 million dollar purse for his last fight in which he scored a 3rd round knockout of four division world champion, Jorge “Traviseo” Arce of Mexico last December 15 at the Toyota Center in Houston, Texas.

User Comments and Feedback (Register For Free To Comment) Comment by JustinFloyd on 01-31-2013

[QUOTE=WESS;12977650]danrafaelespn Dan Rafael RT @mingragazine: Schaeffer raises offer to 5 million for Donaire-Mares.[/QUOTE] hmmm... so now its media negotiations? then on the contract that if they cancel the fight, GBP will not pay TR/Donaire??? I thought Mares will move to…

Comment by WESS on 01-31-2013

danrafaelespn Dan Rafael RT @mingragazine: Schaeffer raises offer to 5 million for Donaire-Mares.

Comment by ShoulderRoll on 01-31-2013

[QUOTE=edgarg;12974400]If and when (a big "if") Arum made the original ( amount never revealed) offer, why didn't SCHAEFER make a "counter offer??? [/QUOTE] He did. Schaefer and Mares' manager said that Arum was lowballing Abner. So that's when Schaefer came…

Comment by elfag on 01-30-2013

donaire has been making like 1 million a fight and now he gets offered 3 million to fight the best guy at 122. A career high payday triple anything hes ever made and the chance to unify and prove hes…

Comment by devildg on 01-30-2013

From Arum's perspective: -he has to please Rigondeaux too, who is his client. Rigo has been demanding Donaire and was likely promised him when he signed a contract with TR -Rigo was supposed to be featured on the undercard of…

Post a Comment - View More User Comments (53)
Top Headlines Photos: Thurman vs. Porter Barclays War - MONSTER Gallery Keith Thurman Reiterates Desire To Fight Danny Garcia Video: Keith Thurman Talks Porter Win, Mayweather, The Future Photos: George Groves Shows Class in Win Over Martin Murray Photos: Eubank Sends Message To Golovkin by Crushing Doran Hearn: Canelo Lost Face, Eubank Ready To Face Golovkin! David Haye: Joshua is Not Anywhere Near Enough To Beat Me! Arum: Pacquiao's Options Are Broner, Danny Garcia, Crawford Joshua on Wilder: I'm On My Way To America, SHO Backing Me Porter: I Beat Thurman, We Need That Rematch - Fans Want It! Mike Alvarado Struggles in Win: Matt Korobov Decisions Vera Justin DeLoach Wins Big Over Junior Castillo Thurman Confident of Win: I Rocked Porter a Few Times Keith Thurman Edges Shawn Porter To Win a War at Barclays Keith Thurman vs. Shawn Porter LIVE BoxingScene Scorecard Jarrett Hurd Drops, Stops Oscar Molina in The Tenth Round DiBella: Thurman-Porter Will Determine Mayweather's Successor Daniel Jacobs Becomes The Face of Brooklyn Boxing K. Porter Doubts Impressive Win Will Secure Floyd Mayweather Video: Jarrett Hurd, Oscar Molina Discuss Their Showdown Anthony Joshua Beats Down, Knocks Breazeale Out in Seven Adam Kownacki, David Benavidez, Hardy Win at Barclays Jack Obermayer, Legendary Award Winning Scribe Passes Away Mikey Garcia-Elio Rojas Set For Santa-Frampton on 7/30 George Groves Powers Past Martin Murray For Decision Win Video: Bob Arum on Thurman vs. Porter, Crawford, More Eubank Jr. Warns Gennady Golovkin: - I'm Coming For You! Thurman vs. Porter on CBS: CompuBox Historical Review Eubank Jr. Drops Doran Four Times For TKO, Golovkin Next? Conor Benn With Brutal First Round Knockout of Lukas Radic Dillian Whyte Knocks Out Ivica Bacurin in Six Rounds Anthony Joshua: I Need To Break Dominic Breazeale Right Down Porter: Won’t Be a Brook Performance From Me; I Want Rematch Breazeale To Anthony Joshua: There is a New Lion in Town Photos: Jason Sosa Gets Off The Deck, Stops Javier Fortuna Joshua-Breazeale on Showtime: CompuBox Historical Review Felix Cash, Anthony Ogogo, Andrea Scarpa, Kal Yafai Win at O2 Eubank: Is Golovkin Ready To Step Up? Fight Someone Not Scared! Frank Warren Tabs Andre Ward To Overcome Sergey Kovalev Oscar Molina, Jarrett Hurd Aim to Make Most of Surprise CBS Slot
Advertisement

Latest Active Forum Threads
Advertisement
Advertisement