Spending On the Past With No Investment in the Future

[niceguy45]

I think it's pretty obvious that DLH never learned the business right. I don't like Arum that much but even I have to say that he at least if in charge puts together solid cards (like Tony-Cotto). DLH knows about the money aspect... marketing... but he does it with old ones... I guess the saying is true... There are no young or old ones... there are only good and bad ones... if money is on the table... you can bet that DLH is going to be involved... but don't blame it takes a lot to build a young prospect up... a lot of time... and time is money...

The Gamboa kid that is mentioned in the article is dynamite... he's unbelievable... I just hope he stays straight and doesn't get ****ed up like so many Cubans... he has some serious talent and punching power... I would love to see him down the road against Vitali Tajbert... this could be a classic...

Yeah... but what do you want to do... I mean a Roy Jones makes still more money for HBO then a young up and coming fighter... also HBO did throw out all the real boxing folks a long time ago... now business men running the ship... and money doesn't stinks... I hope it changes a bit when DLH retires... because he then doesn't fight anymore so they couldn't care less about his GBP... with the exception of some fighters. But I doubt it... they will believe in DLH (he probably will buy HBO or become the president of HBO)

gamboa reminds me of a young mayorga
dlh does understand more than arum what a boxer goes through to get a paycheck,

[v.cassiusali@ya]

ohhh... olden boy... if you want a grand exit, choose a worthy opponent.

you're not getting any younger.

[edgarg]

Why doesn't this clown leave and just promote.

At this point its obviously not about the money for him.

I personally wish he would leave.

I never thought I'd get tired of hearing one of my fav fighters name.

You couldn't be MORE WRONG. Of course it's all about the money, it always has been. Ever since Arum taught Golden Balls how to make money promoting, he has gone for it, hook, line, and sinker. He does nothing, except PR, which doesn't have wads of money dangling in there somewhere. Oscar is wll known for his greed. He tries to disguise it, tries to con the poor fighters, by representing himself as coming along to "clean up boxing, and give the fighter a fair shake"...etc.etc.

Look at the way he met Manny P. at the airport, straight off a long flight from the Phillipines,falling asleep on his feet, dragged him to dinner,and talked him into signing with him, (with Manny yawning in his face), although he still had a valid contract with Arum. He showed him, and gave him, hundreds of thousands in CASH to snare him.

In this, he took a lesson from Don King, who enticed Hasim Rachman away from Cedric Kushnir, who had made him the heavyweight Champ. Their contract was up, and Rahman was re-signing with Kushnir. Don King got to him in his hotel room before he set out to meet Kushnir, He had a suitcase with $500,000 in CASH notes.

Kushnir waited the whole day and half the night, but Rahman didn't show up. That's how Cedric lost his Heavyweight Champion. Oscar did the same trick with Manny, (with a little less money, I think). But Arum was too smart for him, Probably profiting from Kushnir's experience, he had a clause in Manny's contract, which forbade him even discussing anything with anybody about a new contract until Manny had finished Arum's contract. He still had to fight Morales. And Oscar got hold of him when he came over to begin training for Morales. So Oscar had to bugger off, especially after Manny sent him back his money.

At least I think this is how it happened.


Yet every now and then, some fighter has a public row with Golden Balls, and wanting to get out of their contract.

[edgarg]

An addendum

I meant to add that with Rahman, the $500,000 in cash meant more to him that the far, far larger amount that Kushnir was going to pay him on signing. I think it was $5 mill but not certain. Rahman's concept of money was thrown completely off, by the sight of all the actual notes, money that he could feel, not just read in a contract.

King was very smart, and knew his ignorant customers pretty well.