DAZN is looking to cut Canelo's money dramatically

Canelo isnt gonna fold on this lol. Of course DAZN is gonna say this hes suing

DAZN spent money it didn't have and is now passing the blame off on Nelo.....

How many local businesses do you know of that have taken hits during the pandemic? Even the companies we work for, mine has taken a hit, colleagues made redundant, people still furloughed, the industry has taken a massive hit. People think the economy in the UK is slowly recovering, but the real effects won't become apparent for another 6-12 months. The whole world is going to be feeling the effects for a number of years. So nobody should be surprised by these ridiculous, overpaid sports "stars" are going to take a big hit. It isn't a bad thing. People on here arguing Canelo's case, like earning $35M per fight wasn't ridiculous from the outset.

No doubt. Especially fooking Andrade lol. At least AJ & GGG got fans. As to GGG specifically I would say he should be more inclined to work with DAZN since hes got some small ownership in the company. GGG needs DAZN to succeed or he's pissed some of his DAZN deal money away that in theory could be a 8 or 9 figure retirement fund payday at some future date. Only a few get them dollars... chit is so un fair Peace be upon you my friend

Respect to Canelo holding his ground. Whatever DAZN is trying to drop his pay down to Canelo could probably make more than it via PPV so if DAZN renegs on the deal Canelo makes more money perhaps. So it's likely win win for Canelo to not agree to less money & just dispute the contract/get DAZN to opt out of the agreed deal if they won't pay him what's in the contract. Not so sure about that Pandas. For Nelo to make decent ppv money he needs the right opponent. So in the end it comes down to if Nelo is willing to fight the fights the public wants. Im not sure anyone wants to see Canelo knock out this Turk guy for another belt. Well maybe just his fanboys.

What Makes a Contract Void? The object of the agreement is illegal or against public policy (unlawful consideration or subject matter) The terms of the agreement are impossible to fulfill or too vague to understand. There was a lack of consideration. Fraud (namely false representation of facts) has been committed. DAZN has hope. It has to fold in order to save itself. What a disgrace.

Yea but that's future money isn't it so it's not like he'll definitely see it? If DAZN can't fulfill the rest of the agreed to contract by all parties & let's assume Canelo can make better money elsewhere than this new restructuring pay why would he wanna stick with DAZN? How could DAZN keep him for less than market value? That doesn't compute to me. Granted in this situation its not as easy as the above since it sounds like GBP is a middleman between DAZN & Canelo, but the basic premise seems to stand. There is no future money guaranteed depending on how the company is restructured. If the adjudicator determines that continuing the contract will cause the company to go under they may declare it null and void. This is assuming that DAZN is on the verge of bankruptcy and they apply to have an adjudicator determine how the company can be saved. It happened here in Canada at a company I worked for. The US laws are probably very similar.

How about cutting ggg's money and not giving him equity? At least canelo has fought tough fights in DAZN, but ggg only fought steve rolls and got demolished by derevyanchenko. Canelo's $$$ is somewhat justified, but ggg? He is not even worth 1/4 of what he is currently getting. Equity is worth nothing if the company folds. Equity to give out also costs the company very little.

A contract can be modified in whole or in part, depending on the needs of the parties. Also, a contract can be modified either before signing or after the contract is formally agreed to. ... If any party does not agree to a contract modification, the changes are not likely to be enforceable.

Why would Canelo agree to do that doe? Because if it goes to an ajudicator under a corporate restructuring he could get nothing.

Unless it's in the contract OR DAZN was forced into making that contract, those MFers are on the hook.

wat...:thinkerg::thinkerg::thinkerg: My losses are making my wife think why did I marry this poor Jew. In two weeks she will call me master

No doubt. Especially fooking Andrade lol. At least AJ & GGG got fans. As to GGG specifically I would say he should be more inclined to work with DAZN since hes got some small ownership in the company. GGG needs DAZN to succeed or he's pissed some of his DAZN deal money away that in theory could be a 8 or 9 figure retirement fund payday at some future date. Early guys get money .... new guys don’t get paid what they deserve..

Again, what were the games from March-June. Those 4 months. Cite the games. That really doesn't make a difference though. Those players are paid weekly and they took the pay cut because the clubs were not making as much revenue. Their pot was smaller. Boxers are paid as and when they fight, and here the revenue pot will be smaller. It doesn't have to be the exact same to a T. Apologies for the late response. Not been online.

Footballers agreed to reduction of salaries from March to June based off the revenue from those months. That’s what was reported. Not really a loss at all. How does that relate to boxing? We’re already heading to September Of course it is a loss. They were contracted to be paid and they waived it.

Lol. 4 months March to June. The Wage cut is based on the revenue from those 4 months. That’s not a loss at all when there weren’t any games from the jump! Lol wat...:thinkerg::thinkerg::thinkerg:

Canelo won’t be fighting for years now. Anyone signed to Dazn is screwed and won’t be released from contracts until bankruptcy is over. As their contracts are assets that can be sold by the bankruptcy court. Wow Widler is a genius for not signing with these bums. it looked like he was ducking but in reality he knew the pandemic would hit and change everything, i mean look how much wilder has made since the pandemic! genius!

Send me articles, links. $4.5 million from Ronaldo is like him making a shampoo commercial. https://www.bbc.co.uk/sport/football/52092809 https://bleacherreport.com/articles/2883722-lionel-messi-barcelona-players-to-cut-pay-70-donate-to-workers-amid-covid-19 https://www.forbes.com/sites/christinasettimi/2020/03/29/cristiano-ronaldo-agrees-to-juventus-wage-cut-but-still-on-track-to-become-first-1-billion-footballer-this-season/ https://www.bloomberg.com/news/articles/2020-03-28/ronaldo-s-juventus-cuts-salary-of-players-as-virus-halts-games Ronaldo actually gave up 20 million. Messi gave up more. Literally every top club did the same.

Zaroku claims he works there so maybe he can provide some info. However, he is a lying piece of sh.it so I wouldn’t believe anything he says. lol owned

So basically if no one is buying PPV’s then Pacquiao is out of luck while no attendance is there as well? Where will PAC’s guarantee come from? What will PAC’s manager think about PPV sales and the MINIMUM because of the new circumstances? Not sure why you really had to bring up Pac other than I'm a fan. Either way, yes, everything I said applies to him as well.