Rick Reeno
09-14-2005, 03:23 AM
After losing to Shane Mosley in June of 2000, Oscar De La Hoya severed his promotional ties with Bob Arum and signed with Jerry Perenchio, the owner of Univision and the man who promoted the only true fight of the century, the first Ali-Frazier fight.
You see it was rumored that De La Hoya was upset with Arum for a couple of reasons. First, De La Hoya was disturbed by the amount of money that Top Rank earned from the Trinidad-De La Hoya fight. Arum had asked Oscar if he wanted a flat guarantee or if he preferred to share in the risk and agree to a profit sharing type of agreement. [details (http://www.boxingscene.com/?m=show&id=1962)]
You see it was rumored that De La Hoya was upset with Arum for a couple of reasons. First, De La Hoya was disturbed by the amount of money that Top Rank earned from the Trinidad-De La Hoya fight. Arum had asked Oscar if he wanted a flat guarantee or if he preferred to share in the risk and agree to a profit sharing type of agreement. [details (http://www.boxingscene.com/?m=show&id=1962)]