Comments Thread For: Andy Cruz Files Lawsuit Against New Champions Promotions, Cites Breach Of Contract, Violation Of Ali Act

Collapse
  • Time
  • Show
Clear All
new posts

  • OnePunch
    replied
    Originally posted by Teetotaler69

    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?
    I dont know the specifics of that transaction, but the only time a promoter can take a percentage of a fighters purse is in a purse bid situation, where they made a good faith effort but did not win the bid. Most promotional contracts in that situation call for 20% or so to go to the promoter. THAT specific scenario is permissible under the Ali Act, because the promoter was not involved with the promotion. Provision of services agreements are another way a promoter can get paid when its not his show. For example, I co-promoted the Winky Wright vs Ike Quartey fight years ago. Golden Boy was the lead promoter and had the HBO date. Quartey was with Dibella, Golden Boy paid Dibella a "provision of services" fee (xxxx) for the services of Quartey, and then Dibella had his own contract with Quartey for say (xxxy), These are made up numbers because I cant disclose the actual numbers, but for example you could say Golden Boy paid Dibella $500k for Quartey, and then Dibella paid Quartey say $425k. Again, made up numbers, but you get the idea.

    on the other matter, I didnt read the full decision in Kathy and Bob's case, but I did read it in the Golden boy case. And what the judge said in the Golden Boy case was that it didnt matter whether or not Haymon was violating the Act, and the judge did not rule on that. What he said was that even if Haymon WAS violating the Act, Golden Boy did not prove how they were damaged by that violation, therefore the case was dismissed. I thought the way the judge worded it pretty much proved that Haymon was violating the Act, but there was nothing that judge could do about it. Golden boy didnt prove damages, and enforcement of the Ali Act is for the Justice Dept or state commissions to pursue, and they are simply not interested

    Leave a comment:


  • OnePunch
    replied
    Originally posted by DClefthook

    Damn you did well in the first paragraph but just had to go off the deep end in the second one. It's funny how all you key lawyers are privy to more info than a United States District Court. Remember Bob and Oscar sued Al for violation of the Ali Act and not only did the case get thrown out of court it got laughed out of court as well. But whatever suits your narrative have at it loser. Hahahaha
    You should go back and re-read the court decision and educate yourself. The judge SPECIFICALLY said he was NOT saying that Haymon did not violate the Ali Act. What he said was that even if Haymon was violating the Act, that Golden Boy could not prove specific damages, therefore the case was dismissed. Any action regarding Ali Act violations would need to be brought by a State Commission, or the Justice Dept, none of whom seem to give a %$^# about it.......

    Leave a comment:


  • Loque-san
    replied
    Originally posted by YGriffith

    Basically the same thing with : Why would or how dare black people/women want more than the bottom of the barrel rights after slavery/not having rights.
    Basically. Like telling a woman who's being beaten by her husband twice a week that she shouldn't complain because her ex used to beat her everyday.

    Leave a comment:


  • Loque-san
    replied
    Originally posted by rudy
    Already did what’s the problem he got paid
    Not in full as the article clearly states. He's filing a lawsuit against his "co-promoter" claiming, amongst other wrongdoings, that he's been stealing money from him and violating the Ali Act.

    Leave a comment:


  • YGriffith
    replied
    Originally posted by GBP4LIFE
    When Ryan is gone from GBP he will lose a significant portion of his market share.. pay attention, Mexican fans were already booing him at the Duarte fight in Houston. Oscar is idolized and respected, Ryan is viewed as a bytch by Mexicans.
    Most of his fanbase arent Mexicans, he literally cashed out his influencer niche before it was late and it paid.

    Leave a comment:


  • YGriffith
    replied
    Originally posted by rudy
    Wlow 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 free
    Basically the same thing with : Why would or how dare black people/women want more than the bottom of the barrel rights after slavery/not having rights.

    Leave a comment:


  • GBP4LIFE
    replied
    When Ryan is gone from GBP he will lose a significant portion of his market share.. pay attention, Mexican fans were already booing him at the Duarte fight in Houston. Oscar is idolized and respected, Ryan is viewed as a bytch by Mexicans.

    Leave a comment:


  • Eff Pandas
    replied
    Originally posted by DClefthook

    Haha. This is how bad the other companies are compared to PBC. Eddie and Oscar were so giddy when Showtime went out of biz because they just knew that all of Al"s fighters were going to have to cross the street and sign with them because they had no network. But much to their chagrin not one fighter crossed over, instead they opted to stick with Al to get the Amazon deal and are now waiting for the second network deal to drop. Thanks Al Haymon! Hahahaha
    Lol yea no doubt. The mere reality that Al is the major power broker in boxing dealing with the least legal situations with boxers should be telling more than all these theories ppl sitting on their couch all day have about how effed up what he is doing is. Bob gets sued every couple yrs. Oscar lost the biggest name in the game somehow with his sketchy deals & is currently in a fickle situation with the biggest name on his current roster.

    I think the biggest problem some ppl have with Al is the disruption to the status quo he brought. He showed the lack of value promoters bring to a fighters career esp when you have a name. Absolutely zero ticket sellers let alone PPV level guys need long term promotional agreements.

    Hell these days with social media a boxer even does most of the heavy lifting with making themselves bigger off of TV. Promoters just got the TV deals so you get seen & can usually get you better opps on the way up to let you show how good you are sooner.

    Leave a comment:


  • Nightfall
    replied
    Originally posted by DClefthook

    Or even worse, he'll sign with PBC, a real company that doesn't screw over their fighters with shady backroom deals
    Haymon doing great business. It's Showtimes loss. The subscriptions are falling

    Leave a comment:


  • rudy
    replied
    Originally posted by Loque-san

    Read the article maybe.
    Already did what’s the problem he got paid

    Leave a comment:

Working...
TOP