Advertisement
Advertisement
Boxingscene.com

Lawsuit Over Roy Jones-Dawid Kostecki Will Continue

By Rick Reeno

BoxingScene.com has obtained a recent order which indicates that a lawsuit filed by Square Ring Inc. against 12 Knockout Promotions in a Florida federal court - will continue. According to the complaint, Square Ring Inc. was not properly compensated for the failed cruiserweight fight between Jones and Dawid Kostecki - and Square Ring claims in their papers that 12 Knockout Promotions breached the agreement with their failure to deliver Kostecki as promised.

Square Ring is Jones' promotional company, although Jones is not named a direct plaintiff. Square Ring's CEO, respected boxing attorney John Wirt, is handling the lawsuit.

Veteran boxing attorney Leon Margules filed a motion to dismiss the action, but a Federal judge did not agree with his arguments and set down a decision on Friday to allow the legal battle to play.

The bout, scheduled to take place on June 30, 2012 in Poland, fell apart when Kostecki was arrested in order to begin serving a prison sentence for a prior conviction of running a prostitution ring.

When the two parties negotiated their deal, 12 Knockout Promotions had assured Square Ring that Kostecki would not begin serving the sentence until AFTER the planned June fight. Following Kostecki's arrest on June 19th, 12 Knockout Promotions advised Square Ring that Kostecki's attorney would secure a temporary five day release to make the fight happen - and said their chances were at "90%" to make that happen. Kostecki was never released and his final request was denied on the morning of the weigh-in.

Jones moved forward with the event, against late replacement Pawel Glazewski, who moved up from light heavyweight. Jones won a split decision.

According to contract, Jones was promised to be paid $45,000 United States dollars with Square Ring receiving 81.66% of the fight night profits. Square Ring is claiming a loss in excess of $1 million dollars due to 12 Knockout Promotions' failure to deliver Kostecki.

Tags: Roy Jones Jr image  
User Comments and Feedback (Register For Free To Comment) Comment by jray100k on 05-08-2013

This can be solved....as soon as Kostecki gets out of jail...there should be a mandatory bout between he and Jones. Jones gets 1.5 million for what supposed to have been his previous fight with Kostecki as soon as he does…

Comment by Klitschko2017 on 10-06-2012

Roy Jones is ****ing broke, i'm telling you. Up to his eyeballs in debt

Comment by pit on 10-06-2012

[QUOTE=liuj88;12581770]Jones himself may have been due "only" $45,000, but Square Ring, *his* company, was going to get the vast majority of the profits. He may have structured the deal this way for tax purposes. Besides, a million dollars is not…

Comment by larry x.. on 10-06-2012

Hold up Roy is fighting for 45,000 and his promotional company is taking 81 percent of that???wtf Roy?

Comment by liuj88 on 10-06-2012

[QUOTE=BIGLEX;12581351]Poor Jones, fighting for peanuts lol[/QUOTE] Jones himself may have been due "only" $45,000, but Square Ring, *his* company, was going to get the vast majority of the profits. He may have structured the deal this way for tax purposes.…

Post a Comment - View More User Comments (7)
Top Headlines Hairon Socarras Training Hard in Miami For February 3 Return Zab Judah Returns, Blasts Out Munguia in Two Rounds Jose Pedraza Confident That He Will Return Strong at Lightweight Javier Fortuna Ready - Targets Sosa, Corrales, Lomachenko Alvarez vs. Chavez Rematch is Being Planned For March 11 Miguel Cotto: Juan Manuel Marquez Fight is Very Viable Bradley Pryce Announces Retirement After Defeat Robbie Davies Jr. Crushes Zoltan Szabo, Retains WBA Regional Patrick Nielsen, Dina Thorslund Win Decisions, Khattab Shocked Bellew: 'Ego Maniac' David Haye Better Hope He Ends Me in Four Beterbiev: Barrera Proved To Be a Real Fighter, He Agreed To Fight Luis Cruz Admits He Was Close To Retirement Before Easter Shot Mundine: When I Beat Danny Green - Call Me Black Houdini! Frank Warren: Liam Walsh Ready, He Can Beat Gervonta Davis! Frampton Expects Another Fan Friendly Fight Against Santa Cruz Curtis Stevens Sure Hand Injury Fully Healed for Lemieux Fight Garcia, 2-1 Underdog vs. Thurman: 'I Guess Vegas Don’t Like Me' Frank Warren on The James DeGale vs. Badou Jack Outcome Early Results Are In: BoxingScene Ratings Update Linares vs. Crolla II Card - Tomi Tatham To Face Liam Conroy Lewis Crocker To Make Pro Debut on February 18th in Belfast Horn: Pacquiao Has Been Knocked Out Before, I Have The Power! Brook Frustrated By Khan, Admits a Lack of Motivation for Spence Conlan Expects Army of Irish Fans To Hit NY For Pro Debut Card Ricardo Mayorga Was Motivated By His Family To Resume Career De La Hoya: Chavez Will Not Be Easy For Canelo, It's a Big Concern Danny Roman Stops Adam Lopez in Ninth To Win WBA Eliminator De La Hoya: Donald Trump Refused To Come To Canelo's Fight Wilder Hopes The WBC Comes Down on Alexander Povetkin Stevenson Wants to Face Smith in NY; 4/29 Negotiations Ongoing Errol Spence Stays Ready in The Gym as IBF Scenario Plays Out WBC Reacts To Behavior, Controversial Comments By Angel Garcia Sullivan Barrera Accepts Artur Beterbiev IBF Eliminator WBA President Gives Status on Heavyweights, PED Testing, More Luis Ortiz vs. Jarrell Miller Could Top First Matchroom Card in U.S. Video: Michael Conlan Discusses His Pro Debut in March Joshua Coming To America, as Hearn Begins Build To Wilder Fight Felix Diaz Dares Crawford: Fight a Real Challenge, I'll Go To Omaha! Cotto vs. Kirkland, Lemieux vs. Stevens Land on BoxNation Photos: Anthony Mundine, Tim Tszyu Putting in Work
Advertisement
Latest Active Forum Threads
Advertisement
Advertisement