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Don King Not Sure if He Will File a Lawsuit Over Povetkin Fallout

By Vadim Pushkin

Veteran promoter Don King has not yet made up his mind about filing a lawsuit against his promotional rival Andrei Ryabinsky of Russia - over the recent mess involving Olympic gold medal winner Alexander Povetkin.

Back in April of 2014, King's fighter Guillermo Jones was scheduled to face Ryabinsky's fighter, Denis Lebedev, in a rematch.

Just a few short hours before the fighters were scheduled to enter the ring in Moscow, the promoters received information that Jones had tested positive for a banned weight-cutting agent. Lebedev refused to go forward with the fight and their main event was canceled.

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It was the second time that Jones had tested positive for the same banned substance. He was popped the first time after his 2013 knockout win over Lebedev.

In May of 2014, Ryabinsky filed a lawsuit against King to recover monetary damages from the canceled main event - as Ryabinsky was forced to issue refunds to the entire sold-out venue .

A Manhattan federal judge sided with Ryabinsky and awarded him $1.6 million. The amount issued was for arranging the fight, fees, advertising, equipment installation and $800,000 that King was paid as a guarantee of Jones’ participation.

Under the agreement, $250,000 was paid in advance, and King was supposed to receive the remaining $550,000 after the fight. Otherwise, the money would have to be returned to Ryabinsky. However, after the fight was canceled, King still sought the $550,000, insisting that the fight was canceled “for questionable reasons.”

On December 17th, the shoe was on the other foot.

Also in Russia, King's fighter Bermane Stiverne was scheduled to face Povetkin, who is promoted by Ryabinksy, in a WBC final eliminator. A few hours before the event was scheduled to start, the World Boxing Council announced that Povetkin had tested positive for banned substance osterine - which has the same effects as anabolic steroids.

Stiverne refused to go forward with the fight after the WBC refused to sanction the contest due to Povetkin's positive test. The event was not canceled, as Johann Duhaupas stepped in as a late-replacement and was brutally knocked out in six rounds.

This marked the second time in the last seven months that Povetkin tested positive for a banned substance. Back in May, Povetkin failed a drug test just a few days before his scheduled bout with WBC heavyweight champion Deontay Wilder. The fight was ultimately canceled.

A few weeks after the canceled fight, Wilder and his promoter Lou DiBella filed a multi-million dollar lawsuit against Povetkin and Rybinsky in Manhattan federal court. Ryabinsky filed a counter-suit for defamation.

King, however, is still mulling the possibility of going after Ryabinsky in a similar manner.

"I do not know [if I will file a lawsuit].  I want to say that I really like Ryabinsky. You know, he listened to what they said to do by his lawyers and tried to shift the blame on me (in the case of Jones). And now my lawyers are telling me the same thing that his lawyers had told him. I do not know what to do," King told Elena Sobol.

"I have a great respect for Ryabinsky, but he made a mistake by listening to his lawyers. And now, we are in the same situation. With all due respect to him, I do not know what I should do. I have a dilemma, because we lost money. It's a disaster. I just do not know how to deal with this situation with Andrei."

"We are very saddened by what happened. My heart is broken. I was so disappointed. We were so seriously preparing, there was a lot of work on the organization of the match, we settled all the details. We signed a contract, the bout was sanctioned by the WBC. But Povetkin did it (caught doping) twice in a row, thereby compromising (his promoter) World of Boxing." The WBC, his management and in particular Ryabinsky are responsible for the actions of Povetkin." 

User Comments and Feedback (Register For Free To Comment) Comment by K Man on 12-25-2016

Its TIME to retire ..

Comment by Clegg on 12-25-2016

Translation: Rather than spend money to go through the courts and then share the money awarded with my fighter, I'll just accept a briefcase full of cash in private so I can keep it all to myself and never tell…

Comment by Teetotaler on 12-25-2016

Lol wheres that piece of **** bigpoppapump? Dey dindu nuffin

Comment by Lou Cipher on 12-25-2016

Waste of money and he knows it. Pedtakin's sugar daddy has too much cash to throw around for the courts to be able to touch him.

Post a Comment - View More User Comments (4)
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