Comments Thread For: Derrick James Sues Errol Spence for Fraud, Breach of Contract

[Smash]

25 mil for that fight, i presume bud got the same, where is all this cash coming from anyway

[Smash]

derrick was his long term trainer put a lot of work into spence even after dumb ass spence sabotaged his career with his crash and lifestyle in a way, 2.5 mil is a lot of cash but errol also received a lot of cash for his nights work, even if he as very poor on the night, not sure how much that can be blamed on the trainer either, more down to spence i would say

spence is just very very lucky he has bud as the dance partner on that night & his fans thought spence would rise to the occasion but he disappointed bigtime, thats life, he still got paid for his big night & unless they changed the 10% thing then his trainer also deserves that cash, spence could have spoke to AL at some point before and AL could have said, well put a max cap of 1.5 mil for the trainer or something like that, not sure what derrick would think of that either, i have no idea how big earners dish the cash out to trainers etc really

[BustedKnuckles]

Boxing checks may be big but the get sliced and diced so much you might be lucky to bag half of what you earned. Trainers get a % cut, promoters get a %, managers get a %, Tax Man get a %, too many people dipping their hands into a fighter's purse for a % take.

These are all costs of doing business.

Other pro athletes are taught/mentored to consider themselves a business. And every businessn incurs costs in order to produce revenue.

A lot of costs are worth their weight because they add value, like a dietician, an agent for marketing deals, a good trainer and a good cutman (know what im saying Tszyu?). You can cut some costs within reason but if the check is $10mil, you aint getting $10mil.

[Oregonian]

If you ask me, 10% cut is just too much. I'd be moving from one trainer to another when I'm becoming a star and set a flat fee limit. No wonder Malik Scott don't have to train. He just waits for the ten percent cut. Just imagine a superstar making tons of money.

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So, someone like Andre Ward was not only trained by Hunter, he was adopted by Hunter and lived with him since he was 12 years old. Would you say 10% is too much?
If a boxer like Canelo left his coach today and went to anyone, I would agree 10% is too much because Canelo build himself into a superstar and only Reynoso deserves the 10%

[BlackRobb]

I do agree with you that Bud is a more gifted fighter than Spence but we all must also agree that the Spence Bud fought was a seriously damaged good.

If that was true, then why was everyone on Errol's dck like he was the second coming of Sugar Ray Leonard after he smashed Ugas's eye socket. Everyone called Crawford-Spence a 50/50 fight, but once Bud vaporized Errol, you all defaulted to the predictable "Errol was damaged goods" revisionist history. Why was he not damaged goods after destroying Ugas and leading up to the Crawford beat down.

The goalpost moving is shameful and sickening.

[juggernaut666]

How is it a breach of contract if it was a vocal agreement ? If the contract stated any guarantee amount anywhere James is wasting his time . If Haymon is stating 350K is generous he’s definitely not seeing anything near 5 million bc we know who drudged the contract for him ,you’d think in 2024 these guys would know by now verbally agreeing to anything dont work in any legal stuff behind closed doors . Lol

[hhh1200]

About 15-17 years ago James had a verbal agreement with the Spence family. 15-17 years later a grown Spence has 3 kid trust funds and 2 baby mommas who want their money. Which case is easier to win in court in Texas? Maybe Haymon convinces Spence to give James some step-a-side money but he isn't seeing that 5 million with a verbal agreement with a 14-15 yr old kid 15-17 years ago.

[Eff Pandas]

would also like to know if the trainer has to pay for everything for the camp out of his cut or if its only for his salary. Who pays sparring partners, gym rental time, travel for camp, food for camp, ect.


If he only got 350k but had to pay for the entire camp out of that then that isnt chit.

Interesting questions. I assume the gym time comes as part of the initial deal when a trainer owns his own gym. If a trainer doesn't own a gym I'd assume both are paying respective gym fees themselves & the boxer would more often be the one paying or dealing with a gym owner if they needed a closed gym for all or some training. I believe Caleb Plant had some drama with a gym owner over this sorta sh^t a few yrs ago.

The rest I'd suspect is on the fighter. A lot of guys making Errol money have nutritionists these days so thats likely a whole other person's job with the food stuff.

Sparring partners, as long as they aren't affiliated with the trainers gym in which case it could be a mutual benefit situation where the boxer gets free sparring & the trainers other fighter gets experience, I'd bet anything is from the boxers money typically although its likely he gives the trainer a budget & the money to recruit, hire & fly them out on his behalf.

The overall flight sh^t I've rarely heard spoken on. I'd imagine its often a whos doing better thing lol. If you are some barely known 10rd guy & you are fooking with a well known trainer you are gonna need to have him be invested enough in you to come where you are or fly you to where he us. If the boxer is the one doing well I'd imagine he'd fly out the trainer if need be. As to getting to the fight venue I believe any promoter worth a fook is giving the boxer x tickets for himself, family &/or team to fly there.

[Eff Pandas]

How much a verbal agreement would stand the test of judicial process

Thats the thing here. They clearly had a verbal agreement, but there is a dispute on what that agreement included, the guaranteed purse or the guaranteed purse + back end money.

The fact Errol had been paying Derrick as if it was the guaranteed purse only & Derrick never got or seemed to expect more checks past the one directly after the fight as the back end money started coming in says a lot to me. No one gets PPV $$$ the day after the PPV fight as far as I've ever heard. The fact Errol said he did owe him more in a text is a bad look & could complicate that narrative if there is no extra context with it. But I'll say the actions of both have more merit then words after the fact when things were likely going sideways with them.

[SUBZER0ED]

So if Spence owes James 2.5 million, what's with suing him for double? I could see suing for interest, but this punitive charge? And if it was a verbal agreement, can James prove it? If so, Spence could just say he has a drinking problem and was drunk when he said it.