Why postponement is not a viable option.
If plants get injured and the fight get postponed than the 40 million dollar purse is to low of an offer. Canelo fights 3 times in a 6 months period with an logical assumption of 2 regular fights at a 15 million guarantee and a big fight at a 30 million dollar guarantee + his sponsorship, gate and all of Latin America TV right's Canelo is ball-parked to earn about 90 million in these 6 months. Now if he has to wait around beholden to a PBC contract over a injury postponement he is losing 6 months worth of earning potential which as I just explained is roughly valued at 90 million.
Why 40 million for a replacement is fair.
Canelo conceded to PBC/Haymon to come to their network to make the fight happen on the basis that he fights on his date which is Mexican Independence day (September 15 weekend). So if plant cant fight on that date due to injury/sickness than the show must go on as to Canelo stipulation that he must fight on that date. To fulfill this stipulation you must supply a replacement and the 40 million price tag remains because you are paying for the superstar Canelo to leave his preferred network (Dazn) and possibly lose some favor over this choice to come to your network where you are able to re-negotiate sponsorship, money, network options etc all because of Canelo involvement. Also because the alternative is you can let Plant go to Dazn where they will foot the bill for the purse of the fighters and take you off the hook from this money commitment and replacement commitment. You send plant over and if he gets injured the fight is off and Canelo show goes on at Dazn and they will supply him with the replacement and pay his fee and you are off the hook. However they WANT Canelo on their network this is why they are and should pay that premium.
Why the 40 million is insurance against shady business
Also why $40 million for a replacement clause is important to keep in place is to encourage no funny business and that everything goes as promised. Its akin to fighters putting expensive "penalty" for being overweight, they do it to make sure the fighter comes in on weight and does not try to "take advantage". Canelo is using the $40 million dollar price tag for replacements in this way aswell. He is making sure that the "penalty" (40 million) is to harsh for PBC to try and "take advantage" (miss weight or in this case plant getting "Hurt/Sick" to post pone the fight). PBC knows Canelo is dead set to fight on September 18, without the clause aka "penalty" to ensure no funny business Caleb Plant can essentially get "Hurt/Sick" the week of the fight and get his postponement and PBC can substitute a replacement for Canelo to fight on the 18th which will essentially turn a 1 fight deal into a 2 fight deal. This clause is a penalty to make sure they dont do that and encourages that everything goes to plan.
Why if Plant gets injured/sick fight cant just be called off.
You cannot ask a fighter to forfeit a paycheck if the original fight cant be had. If plant gets injured/sick and the fight is called off Canelo is robbed of the opportunity to capitalize on his fight date and self promotion this is why replacement opponents are factored in (think Ruiz replacement over Miller) alot of money, time and effort goes into making a fight and you can not expect them to treat this as if its spilled milk and lost out on the time and potential $.
EDIT UPDATE: Fight officially off however is possible to pick up negations at a later date.
look at the entire picture and realize why this fight really fell apart.
Caleb Plant have already finalized and signed off on his portion of the contract weeks ago, this is a dispute between PBC (Haymon) and Canelo. Haymon has PBC interest above any one fighter so when he negotiates its for the betterment of his outfit "PBC" rather than the fighter (Caleb Plant). Please understand that. If Haymon was only just Caleb Plant's manager/advisor the fight would have been made already, accept Canelo/Dazn/Matchroom deal and fight over at Dazn for the one off and make your career high payday. However Haymon isn't just only the manager but also is more importantly the owner of the PBC "entity" and this entity's betterment takes priority over the fighter. Its the reason Caleb Plant cant go over and fight at Dazn, its the reason for the high guarantee to get Canelo to come to PBC (so PBC can benefit through the residual effects of Canelo's brand featured in your outfit). This is one main reason the Ali act exist to prevent these conflict of interest from exploiting the fighter for the "manger's/promoter's" gain.
Mind you in real PPV non covid times a fighter will just fight on if sick so this issue wasn't really an issue, just now in covid times you cannot just 'fight on' if you have covid the fight must be cancelled or postpone. Canelo's main and hard stipulation prior to even opening up negations was that he MUST fight on September 18th... so this is not new or a last minute request this is letting the other party know what is your hard terms so that both parties can decide if they can come to a deal or not its called "negotiating in good faith". This stipulation is something PBC knew about from the start but wanted to strategically omit it till the closing of negations as a strong-arm tactic to force Canelo's hand into accepting the deal as they wrote it up and not how Canelo originally presented it on this particaly hard term. Now Canelo only has 50 days to secure an opponent for his date so he strategically decided to call off this fight and leave it possible to pick up negations for a later date however for right now he has to secure a fighter for his hard date.
Dumbest thread I've read in a while. If Plant gets injured PBC is going to give Canelo 40 million to fight who? One of the fucking Dirrells? :lol1: :lol1:
I'm a big fan of Canelo, I just love his style of boxing, but I agree, this is a joke. Nash out.
The joke is... Caleb Plant turned down the fight first. Eddie Hearn offered Caleb Plant a Deal rumored to be the 10 million he asked for and Caleb Plant still turned it down because it was on Dazn. The deal you hearing about right now that fell apart is the one Canelo conceded to Caleb Plant demands of having the fight on PBC FOX.
Why is it a joke?
On the PBC sponsored deal Caleb Plant conceded every request to Canelo and rumored to get the 10 million Plant was asking for, however that same deal was offered to Caleb Plant by Eddie Hearn to have that fight on Dazn earlier this month and also rumored Plant was to get 10 million aswell but Caleb Plant did not entertain that offer. Mind you, Had plant said yes to that offer he would get the money he asked for and all the other money issues would have not been a concern to his team (PBC/Haymon) as it will be Hearn/Dazn footing the bill. So that 40 million for a replacement his team (PBC/Haymon) has an issue with would have been a non-issue because they will not be paying that request it would be Hearn and Dazn paying that request. Caleb Plant the free agent turned down the Dazn/Hearn sponsored deal and elected to have PBC/Haymon sponsor a deal instead, Caleb Plant finalized his portion of that PBC/Haymon sponsor deal weeks ago (all the same concessions he would have expected to make to canelo on the Dazn/Hearn sponsored deal) the fall out was between PBC/Haymon and Canelo over issues that do not pertain to Caleb Plant directly as he has no say so in those matters (paying 40 million for a replacement) which again would have been a non issue on the Dazn/Hearn Sponsored deal.
Demanding 40 mil if the fight doesn't happen is one of the most outrageous things I've heard of in a boxing contract, and he clearly doesn't want the fight. Either that, or he's just buying more time away from drug testing.
I'm a big fan of Canelo, I just love his style of boxing, but I agree, this is a joke. Nash out.
:lol1:
I don't think even Rexy himself buys that one.
Nobody does, No one even really wanted this fight is akin to getting a Mandatory out of the way, we know why Canelo is fighting this fight but we rather see him fight someone else. Only people I see upset really arent even upset the fight is called off they are upset PBC couldnt sign Canelo and they are assigning that hate to Canelo because if it was really about the fight than they would really be upset at Plant who turned down the Deal first.
I said he didn't want the fight. I didn't say he was scared of anyone.
I don't want to go to the grocery store right now. Doesn't mean I'm afraid of it.
:lol1: Which grocery store chain are you duckin bro!?
Damn….Politics have made boxing a much more difficult sport than it should have to be!
Alot of it is politics but alot of it is also just business, boxers today are WAY more knowledgeable about the business side of the sport.
He's a free agent. He didn't give up lead promoter, he doesn't have one. That's the point.
So the "Concessions" are what? Fox made a better deal? :lol1:
First off; Canelo is his own promoter with a promoters license, however he conceded lead promotions to PBC, He also has a preferred network he works with (Dazn) and also a fight by fight deal with a co-promoter he prefers to work with (Eddie Hearn/Matchroom). This is why Eddie Hearn sent Caleb Plant a deal that Plant turned down and would not entertain. Canelo wanting to make this fight happen conceded his preference of being on his preferred network (Dazn) to go to Caleb Plant preferred network (PBC/FOX) mind you Caleb Plant is also a free agent just like Canelo but unlike Canelo Caleb Plant can not/will not go to Dazn because he prefers his own network(FOX) and he prefers his own promotional outfit (PBC).
You see how that works, Both Free Agents mind you...
He's a free agent. He didn't give up lead promoter, he doesn't have one. That's the point.
So the "Concessions" are what? Fox made a better deal? :lol1:
How do you know Fox made a better deal? What did they offer, what did dazn offer? I'm not saying they didn't, I just don't know and wonder how anyone does without knowing the details. Canelo can fight anywhere he wants, can Plant?
You might be right and PBC put together the highest offer, or maybe PBC wouldn't let Plant fight anywhere except Fox.
Concession are Canelo gave up Lead promoter, gave up network, and is attempting for the 3rd time to fight plant. This is the A-Side who is leaving his preferred platform (Dazn) to make this fight happen, This is the A-Side giving up Lead Promoter control to Caleb Plant's Promoter PBC, This is the A-Side Canelo attempting for the 3rd time to make this fight happen with Caleb Plant.
Also mind you, the only "Issue" at hand that is threatening to have this entire event fall apart can all be resolved if Plant will be allowed to go to Dazn to fight but Plant and PBC will not make that concession... that's how important that concession is... however Canelo Is willing to make that concession to make this fight happen.
He's a free agent. He didn't give up lead promoter, he doesn't have one. That's the point.
So the "Concessions" are what? Fox made a better deal? :lol1:
Speaking strictly from a business standpoint, nobody would ever accept that demand. Not Al Haymon. Not Eddie Hearn. DEFINITELY not Bob Arum. You are delusional if you think that demand is reasonable.
I know Arum's exact words to Canelo: Screw you.
Speaking strictly from a business standpoint, nobody would ever accept that demand. Not Al Haymon. Not Eddie Hearn. DEFINITELY not Bob Arum. You are delusional if you think that demand is reasonable.
Nobody have time for this BULLSH%T!
More UFC for me and the NFL Season is about 8 Weeks or so away as well as NCAA Football so soon so yeah I'm tired of Boxing Politics and Todays Boxing Fans are even more Pathetic just a bunch of Male Groupie B!tches
Step Back! Pull your Heads out of Canelo or Plant Asses and just look at the reason why they're not fighting lol Really?...SO STUPID!
Happens all the time. Nothing to really get worked up about.
look at the entire picture and realized why this fight really fell apart.
Caleb Plant have already finalized and signed off on his portion of the contract weeks ago, this is a dispute between PBC (Haymon) and Canelo. Haymon has PBC interest above any one fighter so when he negotiates its for the betterment of his outfit "PBC" rather than the fighter (Caleb Plant). Please understand that. If Haymon was only just Caleb Plant's manager/advisor the fight would have been made already, accept Canelo/Dazn/Matchroom deal and fight over at Dazn for the one off and make your career high payday. However Haymon isn't just only the manager but also is more importantly the owner of the PBC "entity" and this entity's betterment takes priority over the fighter. Its the reason Caleb Plant cant go over and fight at Dazn, its the reason for the high guarantee to get Canelo to come to PBC (so PBC can benefit through the residual effects of Canelo's brand featured in your outfit). This is one main reason the Ali act exist to prevent these conflict of interest from exploiting the fighter for the "manger's/promoter's" gain.
Mind you in real PPV non covid times a fighter will just fight on if sick so this issue wasn't really an issue, just now in covid times you cannot just 'fight on' if you have covid the fight must be cancelled or postpone. Canelo's main and hard stipulation prior to even opening up negations was that he MUST fight on September 18th... so this is not new or a last minute request this is letting the other party know what is your hard terms so that both parties can decide if they can come to a deal or not its called "negotiating in good faith". This stipulation is something PBC knew about from the start but wanted to strategically omit it till the closing of negotiations as a strong-arm tactic to force Canelo's hand into accepting the deal as they wrote it up and not how Canelo originally presented it to them for this particular hard term. Now Canelo only has 50 days to secure an opponent for his date so he strategically decided to call off this fight and leave it possible to pick up negotiations for a later date however for right now he has to secure a fighter for his hard date.
So yeah you can just vent and be mad and not try to understand whats happening or why its happening but till us fans really truly know how this business works we will never grasp the truth. We will just continue to be lied to and fed BS and funny enough we will whole heartily accept it cause to our unenlightened minds it will appear to be the truth.
Nobody have time for this BULLSH%T!
More UFC for me and the NFL Season is about 8 Weeks or so away as well as NCAA Football so soon so yeah I'm tired of Boxing Politics and Todays Boxing Fans are even more Pathetic just a bunch of Male Groupie B!tches
Step Back! Pull your Heads out of Canelo or Plant Asses and just look at the reason why they're not fighting lol Really?...SO STUPID!
Why postponement is not a viable option.
If plants get injured and the fight get postponed than the 40 million dollar purse is to low of an offer. Canelo fights 3 times in a 6 months period with an logical assumption of 2 regular fights at a 15 million guarantee and a big fight at a 30 million dollar guarantee + his sponsorship, gate and all of Latin America TV right's Canelo is ball-parked to earn about 90 million in these 6 months. Now if he has to wait around beholden to a PBC contract over a injury postponement he is losing 6 months worth of earning potential which as I just explained is roughly valued at 90 million.
Why 40 million for a replacement is fair.
Canelo conceded to PBC/Haymon to come to their network to make the fight happen on the basis that he fights on his date which is Mexican Independence day (September 15 weekend). So if plant cant fight on that date due to injury/sickness than the show must go on as to Canelo stipulation that he must fight on that date. To fulfill this stipulation you must supply a replacement and the 40 million price tag remains because you are paying for the superstar Canelo to leave his preferred network (Dazn) and possibly lose some favor over this choice to come to your network where you are able to re-negotiate sponsorship, money, network options etc all because of Canelo involvement. Also because the alternative is you can let Plant go to Dazn where they will foot the bill for the purse of the fighters and take you off the hook from this money commitment and replacement commitment. You send plant over and if he gets injured the fight is off and Canelo show goes on at Dazn and they will supply him with the replacement and pay his fee and you are off the hook. However they WANT Canelo on their network this is why they are and should pay that premium.
Why if Plant gets injured/sick fight cant just be called off.
You cannot ask a fighter to forfeit a paycheck if the original fight cant be had. If plant gets injured/sick and the fight is called off Canelo is robbed of the opportunity to capitalize on his fight date and self promotion this is why replacement opponents are factored in (think Ruiz replacement over Miller) alot of money, time and effort goes into making a fight and you can not expect them to treat this as if its spilled milk and lost out on the time and potential $.
This is a reasonable, sound assessment. I agree that Canelo should have a clause like this and also think Plant is delusional thinking he deserves same clause, even though he needs the payday far more than Canelo.
Hard to know though, PBC's offer might have been $40M or whatever to fight Plant on their platform, or no fight at all. Canelo could be taking a pay cut just to get the undisputed, pretty sure he would make more with the GGG trilogy if money was the only concern.
The ideal situation is an agreed split between fighters, then highest platform bidder gets the fight, like a purse bid. One can dream.
In regards to Canelo's demands, if this is true, it does seem a little over the top to demand full fare, I can see where he is coming from though, after the issues with GBP screwing his schedule, watching the ongoing Fury v Wilder debacle I can see the rationale for wanting a damages clause of some type personally.
The damage clause is only for him. If plant is injured, he can fight any bum, making the same money. If he gets hurt, everyone have to wait for him. Not fair.
lol this is crazy
look i like canelo. i think plant is an untalented tard
but how the fuck can the promoters and networks meet canelo's demand here? how can they front up the same purse money regardless of the opponent and in the event its not plant but some last minute scrub or someone from the undercard? The only realistic way to do that is have a top notch guy from the undercard that could fill in.
And especially with this covid bullchit and even vaccinated testing positive, there is no way they cant guarantee that plant doesnt get covid before the fight.
The ginger is a free agent. Doesn't have a set network. He goes where the money is. And looks to me pbc offered more.
Hard to know though, PBC's offer might have been $40M or whatever to fight Plant on their platform, or no fight at all. Canelo could be taking a pay cut just to get the undisputed, pretty sure he would make more with the GGG trilogy if money was the only concern.
The ideal situation is an agreed split between fighters, then highest platform bidder gets the fight, like a purse bid. One can dream.
In regards to Canelo's demands, if this is true, it does seem a little over the top to demand full fare, I can see where he is coming from though, after the issues with GBP screwing his schedule, watching the ongoing Fury v Wilder debacle I can see the rationale for wanting a damages clause of some type personally.