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Comments Thread For: Errol Spence Sues Derrick James, Too: Argues Pay Was Consistent

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  • #21
    So if I'm understanding the issue Derrick was paid over 2M but wants 5M based on loose verbal agreements established many years ago with the amount he has been paid varying greatly?

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    • #22
      I have to wonder about the forthcoming Tank Davis vs Frank Martin fight, though.
      Will they sit beside each other in the press conference?

      (Martin is promoted by Spence, and trained by James)
      pacfan tomhawq likes this.

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      • #23
        Originally posted by Smash View Post
        imagine a team of well paid lawyers laying into spence on the witness stand, it would be carnage

        errol are u telling the truth? yes thats me what do u want to know
        "We want the Truth, and nothing but the Truth!"
        "what, I'm right here though?"
        Smash Smash likes this.

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        • #24
          So now trainers want part of the PPV revenue too?

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          • #25
            I am sure that Derrick James gave Spence good advice and advised him to live the lifestyle of a dedicated boxer. Spence's car accident being intoxicated is a good example of this. I agree with above comments stating that everything fell apart for Spence once he lost to Bud. Spence seems to be cleaning house and blaming his former trainer for his loss. Too bad their business has to be made public. Oral agreements will not hold up in court. I see Derrick James getting screwed in the end. Spence will be on the long list of boxers blaming their trainers for losses in their fights.

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            • #26
              Did not know that the trainers were entitled to 10% of the ppv sales. How about if the ppv flops, does he pay the difference?

              Regardless verbal agreement won't stand and the history of him paying 10% with a bonus won't make it that is what is expected. It is like getting a tip, he got more than the 2.5 million dollar purse.

              This is something they should have clarified even if they have been together so long when they were heading to that huge fight against Crawford.

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              • #27
                Roach got a cut of ppv, mayweather sr got a cut of ppv, the Garcia clan has always gotten a cut from the ppv. This is why golovkin and others tried to switch to a flat rate fee. You can argue in each case for which side is right but it’s a complicated situation. You want that trainer only focused on you it has to come with some sacrifices for both sides.

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                • #28
                  Always , always, always , handle money matters in writing with legal contracts. That's the only way to do it , no matter how close you are. Money makes people do things that you would never suspect. Be professional about it.

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                  • #29
                    Originally posted by crimsonfalcon07 View Post
                    Well, it appears Spence is going to be in the courts for his next fight.

                    Might make it harder to find a new trainer if you have demonstrated you aren't willing to pay the one that built you up through the Olympics and unified champ and honor your agreements. It's a shame this is ending so ugly.
                    What's a shame is greed from any party, if he's my trainer with nothing but hopes in a fighter that's a choice rather I'm an Olympian or not as a trainer you are stepping out on faith in hopes that we can get to the next level and nothing is guaranteed, but what's sad which occurs more often than not is the break down and disagreement after a setback. I believe like with this situation if I'm your fighter and I lose stay loyal don't discuss me with the media, you work with and for me even if I fire you don't go out like a disloyal sucker behind my back.

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                    • #30
                      Unless there's something more to this it just seems really shady by Spence imo. You made $25m (on top of all the millions you've already made), how much money do you need? Do the right thing and pay the man his $2.5m. He was right there with you putting in the work day-in, day-out, grinding in the gym for a measly $250 when you turned pro, now you finally reach the culmination of it all and get the big payoff and you want to take his big payoff away from him? I doubt the Spence family would even notice that $2.5m, but I'm pretty sure the James family would.

                      Al Haymon saying $350k is "generous" actually pisses me off. Is that how much Al made from the whole event? Because that would be generous, but something tells me his slice of the pie was a little bit larger. All these managers, promoters and "advisers" make sure they get their cut, but the guy who's been putting in the work with Errol for fifteen years since he was a nobody gets stiffed on his big payoff? Even if Spence feels like James didn't do enough in the Crawford fight, you pay him that money unquestioningly out of sheer loyalty if nothing else.

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