Comments Thread For: Canelo Opens Up About Contract, Relationship With Al Haymon: 'I Think PBC Is One Of The Best'
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Explained: The legal battle between Ryan Garcia, Golden Boy
Mike Coppinger, ESPNSep 13, 2023, 07:44 AM ET
For the second time in four years, Oscar De La Hoya's Golden Boy Promotions finds itself in a legal battle with its top star. Canelo Alvarez, boxing's No. 1 attraction, was released from his 11-fight, $365 million deal with Golden Boy in November 2020 after he sued the promotion...
What are the possible outcomes?
Once mediation is underway, the person appointed to hear arguments from both sides will have much to weigh.
The mediator could decide that Garcia's contract is valid and Golden Boy did no wrong. In that case, Garcia might have to reimburse his promoter for legal fees while they continue to work together for the remainder of the deal.
The mediator could also decide that Garcia's PPV carve-out clause wasn't honored and force Golden Boy to amend agreements with DAZN to say Garcia isn't exclusive to the streaming service. In that instance, the mediator could rule that Golden Boy must reimburse Garcia the $120,000 he paid DAZN in addition to legal fees.
The mediator also could deem that the seven-year rule was violated and rule the contract invalid, making Garcia a promotional and network free agent.
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He sounds like the jaded girlfriend who posts that her new man is so much better than her ex to try and make him jealous. Deep down she still hasn't gotten over her ex.Comment
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I seriously doubt Haymon would say that up front, but one can only assume he will try to find a way to sway Canelo in that direction. Haymon is going to want to get his moneys worth out of this deal and Canelo doesn’t do great Ppv Numbers with just anyone.
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