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

[BoxingJunkie]

If James has any self respect he should call off the dogs. He may have got it right with Garcia but he was so ineffective against Crawford that it should be him paying Spence for the beating he let his fighter take

Your comment isn't logical at all. Regardless of how bad Errol looked that night, if Errol had a contractual obligation then he must honor it... PERIOD.

You or no one else would except 350k, if you were contractually owed 2.5M

[LG Motel 22]

I guess we will be seeing Spence back in the ring then

[boxing IQ]

What an a******.

Drove drunk putting lives at risk, ducked Bud and Ennis for years, held up Bud for 6 months knowing they wouldn't rematch and tried to steal his shot at Fundora. Now this.

Spence, James is responsible for a lot more than 10% of your success. He molded you into a unified world champion and PPV star. The least you can do is keep your word and pay the man like you said.

[thack]

Verbal agreements are't binding , $350,000 is a big number ...I These guys loose their brain cells not the couches, it's the end of their friendship nothing else. Derrick couldn't dream of earning that figure in his own fighting career.Go by what's on paper! Derrick should have known he was dealing with a IF'y guy.

[crisantonio917]

James is a 2 faced, punch drunk, trash, bum trainer, and that's his good points....

[Knuckle sandwich]

I wouldn't be happy to pay 10% but if that was the agreement I'd have to honor it

[observer]

This is a tough one.

From what we read, the case is clear-cut. Spence admitted how much he intends to pay, and the contract is in writing.

On a more general note, ideally, trainer fee should be agreed from the very start and include a sliding scale, where percentage goes down as earnings increase. It's human nature to discount future earnings. When you start working with a 16-year-old, you don't care much about the millions you, as a trainer, might earn in 10 year's time.

Unfortunately, the same phenomenon of discounting future earnings makes fighters agree to 10% of all future earnings. This is why, ideally, the contract with a trainer should be hanlded by a manager and not a fighter himself.

Paying 10% to a trainer when you are free to leave as an established fighter is definitely not a viable arrangement; otherwise, fighters wouldn't be able to switch trainers and pay a lot less. So, a framework for future percentages agreed at the start of the relationship would help both parties and avoid a lot of unnecessary drama.

[Eff Pandas]

Floyd probably told Errol not to pay him.

Errol went jogging with Floyd & suddenly Derrick's trainer check bounced lol.

[Hotsauce91]

Here we go...

[Liondw]

Actually very sad, that the relationship ends like this after eleven years or so together.

Also does show though, without blaming either, that the trainer is a hired hand, and is there to do a job and then be paid.

The trainer may say all nice things, publically, about the fighter when with them, and vice versa. Behind the scenes, we don't know everything going on.