Comments Thread For: Golden Boy vs Top Rank Lawsuit: Documents Obtained
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your equation is flawed.Originally posted by Gino Rosgino ros.
top rank make a percent (y) of fight profit (x). right?
f(x) =y
the two cannot be separate, pare.
you can not say that y is important but x is not important.
can not separate the two
top rank only pays gbp from what they make on pacquiao's end NOT what top rank makes from the fight.
top rank doesn't need to lie about how much the fight made only what pacquiao's end is.Comment
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so floyd was right?Originally posted by Gino Rosthe racist in your avatar said that arum was taking 28 per cent and i thought floyd was lying because he lies and beat his woman.
but then i saw in the court document that arum take 27.5 per cent.Comment
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it's hard to cook the books on profits since the majority of the profits comes from gate receipts and ppv numbers.Originally posted by Gino Rosit is the same thing because pacquiao also gets his fee based on fight profits.
that is why fight profits are important here.
a percent is not a standalone number. you must have a percent of something.
so that something is important.
best way to cook the books is on pacquiao's end and his opponent's end.
all that sponsorship stuff is not that important. the most important and most money is on pacquiao's purse.
i think what they're doing is cooking the numbers on pac's percentage.
pacquiao has been allowing for less percentage on his end.
why would he do that?
my guess is they're showing less on pac's end (the only end gbp gets a cut of) and then passing it on to his opponent's end.Comment
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Top Rank..... that is what a real lawsuit looks likeOn Tuesday, Golden Boy Promotions filed a lawsuit in the U.S. District Court of Nevada against Top Rank Promotions, Top Rank CEO, Bob Arum, and Top Rank CFO David Lopez, accusing the duo of racketeering and fraud and seeking damages in the range of $3 to $5 million plus attorneys fees related to money generated from three Manny Pacquiao fights. BoxingScene.com has obtained a copy of Golden Boy's complaint, which can be found below.
[Click Here To Read More]
BTW Bob..... hows that defamation suit against Mayweather coming along?
You dirty **** Arum.
Arum deserves this for being a low-life skunk, when he stated that he had personally negotiated a deal with GBP for a Manny/May fight, even going to the trouble of putting a countdown "deadline" on his shi77y website..........
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But when Ross Greenburg made a public statement, Arum was forced to admit that neither him nor Greenburg had ever actually spoken with GBP.....
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And, just loving this bit at the end of every allegation.....
" Plaintiff does not know whether TR is also seeking to defraud Pacquiao and M-P, or whether they are participating in the fraud..... "Comment
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