[Breaking News]GBP in DEEP ****..

Collapse
Collapse
  • Time
  • Show
Clear All
new posts
  • Bierstadt
    Undisputed Champion
    Platinum Champion - 1,000-5,000 posts
    • Mar 2010
    • 1209
    • 75
    • 111
    • 7,476

    #61
    Originally posted by mathed
    No, they weren't told that. They were told they were getting what they were paid but the accountants put down in the books that they paid the fighters 700,000 dollars and pocketed the other 500K. The fighters got paid what they were supposed to but for accounting purposes GBP said they paid the fighters a whole lot more when the did not do so
    aha makes sense. Need to read over the article again more attentively.

    There are too many parties involved, everybody gets a cut, everybody wants to cheat the other. At some point it gets so complicated that I can see how a boxer will just be contempt with whatever they give him instead of trying to figure out what's going on with the money his fists earned. I hope these fighters have some good accountants and a lawyer, cause they surely need them.

    Comment

    • deanrw
      Mayor Ford's dealer...
      Unified Champion - 10,00-20,000 posts
      • Feb 2008
      • 13096
      • 1,047
      • 1,007
      • 1,860,285

      #62
      Originally posted by Benavidez Mafia
      A fighter should never give a promoter 27% of his money especially when he's a star and doesn't need a promoter like Arum.

      65% of my purse money would've never been "unaccounted" for because I would've handled my business before I even step in the ring and I would've made sure I got the money I deserve. Blame the fighters for not handling their **** and knowing the business. Do you see promoters take advantage of the vets boxers who have been in business for a long time? People take advantage of boxers who don't know **** about the business.

      Why didn't they make a big deal about this a few weeks ago? You're telling me the boxers, the trainers, the managers, etc. didn't know about GBP's deal with HBO for the fight purse?
      I'll leave your own bolded Paragraph and laugh at your obvious inability to comprehend. Read the damn article again more carefully. The fighters never knew how much HBO was paying them. Golden Boy kept that from them. They never knew.

      Comment

      • Pacdbest
        Undisputed Champion
        Platinum Champion - 1,000-5,000 posts
        • Oct 2008
        • 4344
        • 169
        • 0
        • 10,794

        #63
        So Schaefer did the Murad Muhammad-Nazario act on it's own fighters?? DLH needs to clean his house!!! He needs to get rid of Schaefer and start a new Promotions!!!

        The Pac Blunder and now the Ortiz-Campbell fiasco!! And the Mayweather-Pac Contoversy. Pac case against them were getting stronger because of this. They can easily paint GBP as Crooked Manage Promotions.

        Comment

        • Silencers
          Undisputed Champion
          Franchise Champion - 20,000+ posts
          • May 2006
          • 21957
          • 505
          • 235
          • 32,983

          #64
          Thomas Hauser isn't going to get a Christmas card from Schaefer or DLH anytime soon.

          Comment

          • War Dinamita
            Canelo Mafia
            • May 2009
            • 6188
            • 342
            • 129
            • 14,690

            #65
            Originally posted by Saucy Jacky
            A: that doesn't make it right.

            B: this story came out a few weeks ago, but it was in the speculative phase. Now it seems more facts are coming out.
            I never said it makes it right.

            When are fighters going to start realizing promoters are always going to take advantage of them if they don't know the business? Promoters will always exploit young fighters if they don't know the business. Get a better manager, team, and lawyer.

            You're going to sign a contract without knowing how much HBO paid for the fight?
            GTFO

            Comment

            • Cherry Picker
              Banned
              Platinum Champion - 1,000-5,000 posts
              • Jun 2010
              • 2827
              • 179
              • 204
              • 3,355

              #66
              Originally posted by Benavidez Mafia
              I never said it makes it right.

              When are fighters going to start realizing promoters are always going to take advantage of them if they don't know the business? Promoters will always exploit young fighters if they don't know the business. Get a better manager, team, and lawyer.

              You're going to sign a contract without knowing how much HBO paid for the fight?
              GTFO

              Comment

              • War Dinamita
                Canelo Mafia
                • May 2009
                • 6188
                • 342
                • 129
                • 14,690

                #67
                Originally posted by deanrw
                I'll leave your own bolded Paragraph and laugh at your obvious inability to comprehend. Read the damn article again more carefully. The fighters never knew how much HBO was paying them. Golden Boy kept that from them. They never knew.
                So? It's their fault also for signing a contract without knowing how much HBO paid for the fight. A real smart fighter would've known for the start before signing the contract about the purse and how much HBO paid for the fight.

                Would you sign a job offer without your future employer not telling you how much they were going to pay you for your services?

                Comment

                • johncods
                  Undisputed Champion
                  Super Champion - 5,000-10,000 posts
                  • May 2009
                  • 7761
                  • 421
                  • 58
                  • 14,300

                  #68
                  Originally posted by Benavidez Mafia
                  GBP paid the judges like Arum?
                  You tell me.

                  Juan diaz-Malignaggi I was one of the worst robberies ever.
                  Juan Diaz=GBP

                  Guzman-Funeka I was right up there too
                  Guzman=GBP

                  Comment

                  • JmH Reborn
                    Undisputed Champion
                    Platinum Champion - 1,000-5,000 posts
                    • Feb 2009
                    • 4874
                    • 238
                    • 127
                    • 12,377

                    #69
                    Originally posted by Benavidez Mafia
                    A fighter should never give a promoter 27% of his money especially when he's a star and doesn't need a promoter like Arum.

                    65% of my purse money would've never been "unaccounted" for because I would've handled my business before I even step in the ring and I would've made sure I got the money I deserve. Blame the fighters for not handling their **** and knowing the business. Do you see promoters take advantage of the vets boxers who have been in business for a long time? People take advantage of boxers who don't know **** about the business.

                    Why didn't they make a big deal about this a few weeks ago? You're telling me the boxers, the trainers, the managers, etc. didn't know about GBP's deal with HBO for the fight purse?
                    First of all...nobody has the connections and financial backing that Bob Arum has...most of these boxers aren't "stars", just a handful. Arum jumps through hoops to maneuver his guys into the best possible position. If Arum wants you to be a champ, you will be a champ. If Arum wants you a #1 contender...you will be a #1 contender. These guys need Arum and that's how he can justify his price tag...I'm not saying it makes it wrong or right, all I'm saying, is when Arum identifies talent, he will get you from point Z to A. He's shady as ****, but I think its pretty undeniable that he looks out for his stable (until they leave). Arum is the biggest power player in boxing. I think its naive to say an overwhelming majority of C, B and some A class boxers don't need Arum (or other promoters like GBP). That 27% covers more than just Arum...he's got to fill other pockets too that allow him to run the way he does.

                    As for you...you have no idea what they guys were either promised or advised of. We have no idea what Campbell or Ortiz were aware of...these guys are mid-tier, they aren't privy to any behind the doors conversations with people like Ross Greenburg. We can't make an informed conclusion about what these boxers were told. The only thing we now know is that the NYSC found something dirty in the books and have taken action

                    Comment

                    • War Dinamita
                      Canelo Mafia
                      • May 2009
                      • 6188
                      • 342
                      • 129
                      • 14,690

                      #70
                      Originally posted by johncods
                      You tell me.

                      Juan diaz-Malignaggi I was one of the worst robberies ever.
                      Juan Diaz=GBP

                      Guzman-Funeka I was right up there too
                      Guzman=GBP
                      Do you have proof GBP or someone in their camp paid the judges? I sure you can find proof Arum was under investigation with the FBI for what he did.

                      I think Paulie won the first fight, but you don't have proof GBP paid the judges like Arum.

                      Comment

                      Working...
                      TOP