All-star Boxing Canelo/GBP lawsuit and GGG

Golden Boy is going to have to pay All-Star a ton of money in the likely settlement. Probably 10's of millions.

GBP wanted to pay All-star off with a settlement. All-star has refused and instead want this thing to go to court. That is extremely telling... They won't lose him. All Star just wants more money than is being offered. As for GGG how and why would he go to Pbc? he makes more than the fighters there and is locked in with his manager and promoter and who knows if pbc will even be around after this year.

I think you're underestimating the perceived value that Saul 'Canelo" Alvarez could've had to All-Star Boxing (or at least the value that they will argue for in court). http://www.boxingscene.com/all-star-boxing-vs-canelo-golden-boy-set-523-court-date--100613 To have All-Star Boxing state the facts of the case, they had rights to Canelo all the way through 2012, likely with some kind of option to negotiate on the back-end. That's basically from his US TV debut through the Josesito Lopez fight (where all the indicators, over $1.5m at the gate for the MGM Grand and his fight drawing a 2.6, were pointing to Alvarez being a star. With the Mayweather fight doing the numbers that it did, the Cotto fight doing the numbers that it did, and this Khan fight built to establish where Alvarez's starpower is going forward, All-Star Boxing now seemingly has the case that Oscar De La Hoya basically stole the sport's next superstar from them. The delay in the proceedings has drastically driven up the price that Golden Boy is now left to pay out. Good point...

Both GBP and Top Rank taking huge L's this year... Basically. People were taking the Chris Mannix talk, as if Arum somehow managed to blackmail his way into another Mayweather payday, but it would seem more as if, while Top Rank had their lawyers requesting documents from Haymon and the related parties (without really knowing what they were looking for), Haymon had his lawyers were likely starting to target specific documents, in the coming counter-punch to the Top Rank lawsuit (Pacquiao/Koncz documents, Mikey Garcia lawsuit documents, Chavez Jr documents, documents related to the freeze-out/collusion of HBO/Top Rank against DBE for the Cotto-Martinez fight, etc). Next year is going to be bad for a lot of folks

They probably shoulda took that. I can't imagine they'll get much more than that. I guess the best case would be they'd get some co-promoter % of x future fights of Canelo. I'm just not seeing any evidence that you're right that they have a chance in hell of getting Canelo back. But again I don't know nothing about this case & I don't really see any details online about specifically what Canelo's deal was with these guys only that it last 9 fights when Canelo was a teenager & they invested $180k into him. 8 digits seems like a nice lil ROI on that investment so I'm more leaning towards them being retarded with knowing how these cases usually end up going & the fact GBP has gotten this case pushed back 5.5 years lol. Canelo gonna have a receding hairline by the time this gets resolved. I think you're underestimating the perceived value that Saul 'Canelo" Alvarez could've had to All-Star Boxing (or at least the value that they will argue for in court). http://www.boxingscene.com/all-star-boxing-vs-canelo-golden-boy-set-523-court-date--100613 To have All-Star Boxing state the facts of the case, they had rights to Canelo all the way through 2012, likely with some kind of option to negotiate on the back-end. That's basically from his US TV debut through the Josesito Lopez fight (where all the indicators, over $1.5m at the gate for the MGM Grand and his fight drawing a 2.6, were pointing to Alvarez being a star. With the Mayweather fight doing the numbers that it did, the Cotto fight doing the numbers that it did, and this Khan fight built to establish where Alvarez's starpower is going forward, All-Star Boxing now seemingly has the case that Oscar De La Hoya basically stole the sport's next superstar from them. The delay in the proceedings has drastically driven up the price that Golden Boy is now left to pay out.

First of all, Golden Boy is unlikely to lose out on Alvarez; as All Star Boxing finally wins the lawsuit, Golden Boy will simply be left shelling out a massive settlement payment (would not be shocked if the settlement payment ends up being over $50m). How Golden Boy pays that off is on them. Both GBP and Top Rank taking huge L's this year...

The timing of all of this is intriguing as apparently after today (Khan-Canelo), the suit will hit the courts and GBP will likely lose Canelo. If GBP can't make any decisions over Canelo's career as they'll be tied up in courts, would it be surprising if GGG went to PBC/Showtime? First of all, Golden Boy is unlikely to lose out on Alvarez; as All Star Boxing finally wins the lawsuit, Golden Boy will simply be left shelling out a massive settlement payment (would not be shocked if the settlement payment ends up being over $50m). How Golden Boy pays that off is on them.

Interesting...

We will find out soon enough... http://www.boxingscene.com/all-star-boxing-vs-canelo-golden-boy-set-523-court-date--100613 It'd be hilarious if both GGG & Camel ended up on Showtime in 2017.

From what I understand, GBP already offered an 8 figure settlement and All-star declined. Sounds like they are slowly hanging themselves and wasting money going to court

It sounds like it, but I just don't see them getting a guy back who's not been with them for 5.5yrs. Possession is 9/10th of the law or whatever that saying is lol. I suspect they'll win x millions in damages as their best possible outcome. I mean GBP has done this **** before so its nothing new. Remember when Manny signed with GBP? Bob killed that **** real quick. It didn't take no 5.5yrs to get that sorted out. The fact this has taken so long makes me believe there is virtually zero chance they could get Canelo back. From what I understand, GBP already offered an 8 figure settlement and All-star declined.

Goldenboy aint losing Canelo to some no name promotional company man

Its also telling that this has been going on for almost 5.5yrs from what I can tell. I'd assume ASB would be more likely to get some money damages than they'd get Canelo back. I mean I'd assume that if the legitness of Canelo being with ASB instead of GBP was such a big issue it'd have been decided already cuz thats a pretty big issue & you don't just let a guy be with the wrong promoter for 5.5yrs. If they wanted money from GBP, they would have already gotten it. They want to go for the jugular...

What is making you think GBP is likely to lose Canelo? I don't know enough about this lawsuit, but f#ck man hasn't Canelo been with GBP a long ass time at this point? If these guys had some legit claim to Canelo how has this taken so long to claim or get to court? GBP wanted to pay All-star off with a settlement. All-star has refused and instead want this thing to go to court. That is extremely telling...

From what I heard GB's just going to lose a lot of money. Canelo will still be able to have his super fights with Pacquiao, Cotto, and Bradley.