Originally posted by willieb24
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Comments Thread For: Andy Cruz Files Lawsuit Against New Champions Promotions, Cites Breach Of Contract, Violation Of Ali Act
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Originally posted by Eff Pandas View PostWho the fook is "New Champions Promotion"?
Is this one of those sketchy deals where some folks helped Andy get outta Cuba IF he signed to their or their peoples promption who don't actually promote & were just gonna get 33% of his money when they aligned him with a legit promoter, in this case Eddie?
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Originally posted by rudy View PostWlow Cuban boxers always in legal dispute what makes it worse he got 6 figures for two bouts and moaning does he forgot he 300 times for freeDClefthook likes this.
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Rodriguez acted as both a manager and promoter—a violation of the Ali Act, though sadly commonplace for people in that same position to exploit loopholes to double dip into a fighter’s purse.OnePunch likes this.
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Originally posted by OnePunch View Post
Sounds like they did a co-promotional deal with Matchroom, which would have been fine. Happens all the time. Problem for them is that a "promoter" is not permitted to take percentages of a fighters purse, only a manager is allowed to do that. And if the allegation that they were not a licensed manager is correct, then this will be a slam dunk for Cruz. It also creates a problem for Matchroom because if these NCP clowns are not licensed promoters either, then the CA commission could potentially kill the Matchroom contract as well, and then Matchroom would have to do a new deal with Cruz.......
The funny part of the story was where it said that acting as a promoter and manager at the same time is a violation of the Ali Act. Well that hasn't stopped Haymon from doing that exact thing for the last 8 or 9 years. But nobody cares lol
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Originally posted by OnePunch View Post
Sounds like they did a co-promotional deal with Matchroom, which would have been fine. Happens all the time. Problem for them is that a "promoter" is not permitted to take percentages of a fighters purse, only a manager is allowed to do that. And if the allegation that they were not a licensed manager is correct, then this will be a slam dunk for Cruz. It also creates a problem for Matchroom because if these NCP clowns are not licensed promoters either, then the CA commission could potentially kill the Matchroom contract as well, and then Matchroom would have to do a new deal with Cruz.......
The funny part of the story was where it said that acting as a promoter and manager at the same time is a violation of the Ali Act. Well that hasn't stopped Haymon from doing that exact thing for the last 8 or 9 years. But nobody cares lol
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Originally posted by Teetotaler69 View Post
Didn't Arum take a cut from Lopez when he lost to kambosos on dazn?
And for the second paragraph didn't Kathy duva and Arum sue haymon for violating the Ali act yet all Kathy did was exposed his slave contracts and Arum forced him to work with him?
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