Nate cambell declares bankruptcy, don king contract void

Collapse
  • Time
  • Show
Clear All
new posts
  • OnePunch
    Undisputed Champion
    Super Champion - 5,000-10,000 posts
    • May 2008
    • 9081
    • 1,295
    • 748
    • 2,453,131

    #21
    Originally posted by texanballer
    How in the world is he already broke? He made around 300k against Diaz? Probably around the same for the Guzman debacle.

    He went through almost 3 quarters of a million dollars in a year??
    LOL. Not quite. He made $200k for Diaz, and did not get paid at all for Guzman. He hasnt fought since March, thanks to Casa and Guzman. But sometimes filings like this are about more than just money.

    Comment

    • ragingvic
      Undisputed Champion
      Platinum Champion - 1,000-5,000 posts
      • Mar 2008
      • 1341
      • 46
      • 20
      • 7,495

      #22
      Originally posted by OnePunch
      LOL. Not quite. He made $200k for Diaz, and did not get paid at all for Guzman. He hasnt fought since March, thanks to Casa and Guzman. But sometimes filings like this are about more than just money.
      Do you think this will speed up a diaz rematch or even help set up a fight with JMM.

      Comment

      • Texanballer
        -Texan For Life-
        Unified Champion - 10,00-20,000 posts
        • Apr 2007
        • 13562
        • 488
        • 681
        • 24,660

        #23
        Originally posted by OnePunch
        LOL. Not quite. He made $200k for Diaz, and did not get paid at all for Guzman. He hasnt fought since March, thanks to Casa and Guzman. But sometimes filings like this are about more than just money.
        My understanding is that he got around 200k for Diaz and won around 100k more on a bet he put on himself.

        Anyways i did not know he was not paid for Guzman. Now that is a shame he wasnt paid.

        Why wasnt he paid when he put up his end of the deal?

        Comment

        • roujinziro
          Interim Champion
          Gold Champion - 500-1,000 posts
          • Mar 2008
          • 598
          • 9
          • 0
          • 7,066

          #24
          Wow, I just read the article. I feel bad for Nate, but at least he's free to go to a promoter who will get him more regular fights. I still think his next fight is gonna be the mandatory with Funeka or else he could be stripped of one of the belts. After that I'd like to see him fight JMM for all the marbles.

          Comment

          • Zarco
            Undisputed Champion
            Platinum Champion - 1,000-5,000 posts
            • May 2006
            • 4760
            • 184
            • 133
            • 12,032

            #25
            Hey Terry Trekas from one punch, just wanted to let you know that its really cool that you interact with boxing fans on these forums. Do you think there is a chance that Nate Campbell vs Juan Manuel Marquez might happen soon? Because I would love to see that fight.

            Comment

            • Zocalo
              Undisputed Champion
              Platinum Champion - 1,000-5,000 posts
              • Mar 2008
              • 2169
              • 51
              • 144
              • 8,453

              #26
              Originally posted by OnePunch
              LOL. Not quite. He made $200k for Diaz, and did not get paid at all for Guzman. He hasnt fought since March, thanks to Casa and Guzman. But sometimes filings like this are about more than just money.
              Oh and lets not forget that he is a part of the 40% tax bracket with those earnings.

              It really bothered me when Guzman canceled the fight. People seem to forget, if you don't fight, you don't get paid. The contract was broken and all financial commitments were broken.

              Comment

              • Domain
                Banned
                Super Champion - 5,000-10,000 posts
                • May 2007
                • 6763
                • 177
                • 73
                • 7,559

                #27
                Originally posted by OnePunch
                This is what happens when people run their mouths when they dont know the facts. Nate does not own a home. He was scheduled to close on a home after the Guzman fight, but obviously that didnt happen.

                Maybe you should know what you are talking about before you open your mouth.
                my bad read on another board that he owed money for a home and some rent to own ****...thanks for clearing it up man.

                apologies mr trekas.

                Comment

                • Domain
                  Banned
                  Super Champion - 5,000-10,000 posts
                  • May 2007
                  • 6763
                  • 177
                  • 73
                  • 7,559

                  #28
                  Originally posted by OnePunch
                  LOL. Not quite. He made $200k for Diaz, and did not get paid at all for Guzman. He hasnt fought since March, thanks to Casa and Guzman. But sometimes filings like this are about more than just money.
                  Mr Trekas why dont you get nate to sign with top rank so we can see a pacquiao vs campbell fight after pacman loses to oscar?

                  that is the fight people wanted to see more then jmm vs pacman 3.

                  it was for all the marbles at lightweight.

                  Comment

                  • Bea5T
                    Undisputed Champion
                    • Sep 2007
                    • 1718
                    • 61
                    • 16
                    • 7,983

                    #29
                    just because he files for it...doesnt mean it is bankrupt


                    donald trump also filed for bankruptcy

                    Comment

                    • starjammer
                      Sheriff
                      Super Champion - 5,000-10,000 posts
                      • Aug 2006
                      • 8030
                      • 434
                      • 186
                      • 27,800

                      #30
                      Maybe he moved the money to an off-shore account and declared bankruptcy to exploit a loop-hole in the Don King contract.

                      I mean, people would go to extremes to get out of a King contract.

                      Comment

                      Working...
                      TOP