Advertisement
Advertisement
Boxingscene.com

Report: Stiverne and Don King Settle Ali Act Lawsuit

by David P. Greisman

A legal battle between heavyweight contender Bermane Stiverne and promoter Don King has come to an end, according to what Stiverne told Lem Satterfield of RingTV.com.

“It's been maybe in the last 24 to 48 hours that we sat down like two grown men and we talked it out, so everything's good now. We worked it out,” Stiverne told Satterfield. “We're good right now, so, we settled, and everything is perfect. We didn't see eye-to-eye for a couple of months, and we decided to sit down and go over certain things. We're back together.”

This removes any legal obstacles for a rematch between Chris Arreola and Stiverne, which the World Boxing Council has ordered to be contested for the heavyweight title vacated by Vitali Klitschko.

Stiverne’s lawsuit was filed in early November over what Stiverne alleged were violations of the Muhammad Ali Boxing Reform Act, according to reports by Courthouse News Service and Zach Arnold of FightOpinion.com.

The allegations date back to when Stiverne was meeting with King to sign for a June 2011 fight with Ray Austin, a bout that had been mandated by the World Boxing Council.

“When he arrived at the meeting, however, Stiverne was informed that he would not be permitted to sign the bout agreement with Austin unless he first signed an exclusive promotional agreement with DKP [Don King Productions],” Arnold quoted the lawsuit as saying.

“In fact, before they would present to Stiverne the bout agreement with Austin, Don King and DKP required that Stiverne sign three contracts at that meeting which related to either promoter or management services with Don King, DKP, Don King’s step-son Carl King, and Carl King’s company Elite Sports and Entertainment Management Inc.”

The lawsuit also claimed that the contracts granted Don King Productions 25 percent of the money he earned, and granted King and Don King Productions “an irrevocable power of attorney for up to 8 years” on matters such as agreements, receiving money, and the hiring and firing of Stiverne’s business managers.

Another 16 percent of his income would go to Carl King’s company.

Stiverne’s attorney argued that his client signed with King so as to get the bout with Austin, which could then lead to further bouts, including a fight with WBC titleholder Vitali Klitschko.

King’s legal team disputed numerous allegations, and also filed a counterclaim against Stiverne and manager Camille Estephan for “breach of contract and tortious interference with a contract,” according to a copy of the legal filing obtained by BoxingScene.

King argued that Stiverne had long been under promotional agreements with him, the first one dating back to May 2005, the second from August 2007, and the third in April 2011, the latter a contract King argued is still valid. Stiverne and Estephan were accused of negotiating for a fight with Vitali Klitschko and without the involvement of Don King.

King’s counterclaim also noted that any claims were to be resolved with arbitration and not through litigation.

Online court files from last week indicate that Stiverne and King were to have a mediation session “held before the World Boxing Council.”

Pick up a copy of David’s new book, “Fighting Words: The Heart and Heartbreak of Boxing,” at http://bit.ly/fightingwordsamazon or internationally at http://bit.ly/fightingwordsworldwide. Send questions/comments via email at [email protected]

User Comments and Feedback (Register For Free To Comment) Comment by Thurman on 12-20-2013

Now that the lawsuit is over with, it's time for Stiverne to get KTFO. Bombsquad :boxing: [IMG]http://static.guim.co.uk/sys-images/Sport/Pix/pictures/2013/4/27/1367103436936/Deontay-Wilder-right-knoc-008.jpg[/IMG]

Comment by Jack Napier on 12-19-2013

King's days of prominence are over Stiverne never shoulda bothered with him in the 1st place if he was smart he'd stay far clear of King he's about to go for a title, he doesn't need to sit on the…

Comment by turnedup on 12-19-2013

Don King makes Arum, Dibella,Duva, and Schaeffer look like saints.

Comment by gito7127 on 12-19-2013

if they're stupid enough to sign with King then they deserve to get ripped off :buttkick:

Comment by PunchyPotorff on 12-19-2013

The tragedy of all this is, why is King even still in business? Doesn't word get out... eventually? Every biz has it's snakes... but the word gets out. Oh well, at least we get to see a good fight with…

Post a Comment - View More User Comments (16)
Top Headlines Golovkin's Coach on The Canelo vs. Chavez Jr. Catch-Weight Randy Caballero To Return on March 23 on ESPN Card "Fighting Words" - Angel Garcia to Blame, Though We Enabled Him Abel Sanchez: Maybe It Could Be Golovkin-Chavez, Canelo-Jacobs Puerto Rico Commission To Investigate Vazquez Jr. Pay Claims Shawn Porter Tabs Santa Cruz To Beat Frampton in Rematch Chocolatito: All Rungvisai Has is a Punch, It Won't Be That Difficult Klitschko Coach Says Everyone Will Be Shocked After Joshua Fight Nacho: Juan Manuel Marquez Has Not Retired, Wants To Fight Memo: Chavez Jr. Will Be Stronger, No Weight Issues For Canelo Thurman-Garcia: Narvaez vs. Rodriguez Clash is Eyed For Card Rob Brant Stops Alexis Hloros in First at Grand Casino in Hinckley Canelo vs. Chavez is a Fight Boxing Needed, Says De La Hoya David Haye: Chris Eubank Jr. is a Force, He Will Go All The Way Canelo vs. Chavez: Positive Talks Ongoing With MGM, Jerry Jones Conlan Hopes For 'Dream Fight' With Carl Frampton in The Future Top Rank Prez Eyes Deontay Wilder vs. Joseph Parker Unification Jacobs: Most Guys are Beaten Mentally When They Face Golovkin Frampton Expects Rematch With Leo Santa Cruz To Be Easier Tomoki Kameda Returns To Japan on March 10, Faces Tawatchai Carl Greaves Looks Back On 2016, Is Excited About 2017 Jermell Charlo, Gary Russell Mandatory Double Eyed For March 11 De La Hoya: Canelo Beating Chavez Jr. Will Not Satisfy The Critics Cedric Vitu Retains EBU Title, Decisions Isaac Real in Levallois Horn Warns Pacquiao, Top Rank Not To Look Beyond April Fight Angel Garcia, Mayweather Tarnished What Should've Been Good Week for Boxing WBA Champ Ortiz Wins Decision Over Ramos in Mexico City Robert Garcia: Canelo Has A lot More To Lose in Chavez Jr. Bout 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
Advertisement
Latest Active Forum Threads
Advertisement
Advertisement