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Because he's coming out of retirement at 48 years old to bail his company out because he ran it into the ground due to his own negligence again.
They are probably already close to a cash crunch without that Canelo revenue hitting the books.
A business that is worth a lot of money one day can be worth zero the next very easily. They shook things up in management and promoted whathisface the other day because if they don't find a favorable TV deal in the next 90 days, they could end up the size of a regional promoter like Main Events/DBE.
If DAZN is willing to offer De La Hoya a golden parachute for the stable, I'd say it would be wise to take it. Oscar's name and brand has value, but he would have been ruined if Canelo hadn't stuck by him after the Haymon/Schaeffer fallout. As it stands now, if Ryan Garcia bails, GBP will be worth pennies on the dollar compared to what it's worth now.
They are probably already close to a cash crunch without that Canelo revenue hitting the books.
A business that is worth a lot of money one day can be worth zero the next very easily. They shook things up in management and promoted whathisface the other day because if they don't find a favorable TV deal in the next 90 days, they could end up the size of a regional promoter like Main Events/DBE.
If DAZN is willing to offer De La Hoya a golden parachute for the stable, I'd say it would be wise to take it. Oscar's name and brand has value, but he would have been ruined if Canelo hadn't stuck by him after the Haymon/Schaeffer fallout. As it stands now, if Ryan Garcia bails, GBP will be worth pennies on the dollar compared to what it's worth now.
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