Tratos: the lawsuit filed by Mayweather against Top Rank is now proceeding

[Gino Ros]

The same way Arum is ****ing Manny now, he had ****ed Floyd.

The difference is that Floyd saw it and pulled the Ice Cube move and bounced. Manny is MC Yella.

[MindBat]

Damn! Total and utter decapitation of Thunder Gatti.

Floyd claims that Arum ganked him out of dough from the "Thunder and Lightning" PPV's.

Ya know... the same thing Arum is doing to Manny as we speak.

[MrRolltide91]

Floyd Mayweather sues for purses
BY DAILY NEWS STAFF
DAILY NEWS STAFF WRITER
Sunday, March 16, 2008

Floyd Mayweather Jr. has sued his former promoter, Bob Arum of Top Rank, claiming Arum still owes him money from his matches against Arturo Gatti in 2005 and Zab Judah in 2006.

The lawsuit, which was filed in Clark County (Nev.) District Court on March 7, seeks an accounting from those two fights and also claims that Arum breached his contract and did not operate in good faith.

Mayweather said his contract for the Gatti fight called for him to receive 85% of Top Rank's net revenues and his contract for the Judah fight called for him to receive 80% of the net revenues. He claims that Top Rank did not provide him the complete and final accounting for either fight despite repeated demands. { sound familiar?}

Mayweather does not specify an amount that he believes he is owed, but stipulates the statutory minimum of $10,000 for each of the five claims in the lawsuit. It is clear that he believes Arum shortchanged him much more than that for those two fights, which both did around 350,000 Pay-Per-View buys. Mayweather and his reps would not comment on the lawsuit.

"Under the advice of Floyd's counsel I can't comment on the complaint," said Leonard Ellerbe, Mayweather's adviser. "The complaint speaks for itself."

so this case was never settled?

[Gino Ros]

Remember, Guys....

Haymon & HBO were instrumental in the demise of the Mayweather-Arum relationship. Floyd wanted to fight Oscar and Arum didn't want that. Arum felt it was a fight nobody would want to see.

HBO helped Floyd break the contract, and Floyd paid Arum $750K to buy out of the contract. Look how much FMJ has made since leaving Arum.

Floyd used Goossen to promote him for 1 or 2 fights, then he didn't need a promoter post-"The World Awaits"

So, that is PARTIALLY why Arum had a bad relationship with HBO for awhile.

...and Haymon got the sweet deal with HBO.

(all this stuff is why I'm confused when guys don't like the behind-the-scenes business aspect... that is what drives the fight game)

[Gino Ros]

so this case was never settled?

No... still languishing.

If you've ever been in a civil (even personal injury) case, you know that they can drag on if the attorneys want them to.

[MrRolltide91]

No... still languishing.

If you've ever been in a civil (even personal injury) case, you know that they can drag on if the attorneys want them to.

just like the floyd/manny lawsuit?

[skillswin]

so this case was never settled?

no and now we know why...

[Gino Ros]

But Arum's classical move is to have two separate books and not to show his fighters how many PPv's were really sold or what the real income and expenses are.

Do you remember that Oscar filed a lawsuit last year about that?

Arum will say "yeah, the travel cost $700K", when the travel only cost $200K. And he'll pocket the $500K difference.

Arum always fights the investigation of the accounting. Which is what he is doing to Manny by killing the VisionQwest deal.

[Gino Ros]

But Arum's classical move is to have two separate books and not to show his fighters how many PPv's were really sold or what the real income and expenses are.

l.

Anybody see a press release for the Pac-Mosley PPV's?

Exactly.

[edgarg]

Mayweather’s lawyer Mark G. Tratos
http://www.usnewslasvegas.com/sports...ather-alleges/

Floyd “Money” Mayweather, Jr. has suggested that Manny “Pacman” Pacquiao badly wants his deposition before he faces Victor Ortiz on Sept. 17 so as to “disrupt” his training “regimen” because Pacman’s Top Rank promoter “has financial interest” on Ortiz.


Tratos also disclosed that after being delayed for a period of time pending a motion to dismiss, the lawsuit filed by Mayweather against Pacquiao’s promoter, Top Rank, over Top Rank’s refusal to provide proper accounting from Top Rank’s previous promotion of Mayweather’s fight “is now proceeding.”

After Golden Boy’s Oscar de la Hoya and Richard Schaefer were discharged from the defamation suit filed by Pacquiao, Pacquiao “unilaterally set Mayweather’s deposition for a date only two weeks later” on the day it was announced that Mayweather had an upcoming fight with Ortiz, who is promoted by Golden Boy. Ortiz was formerly promoted by Top Rank.

In a 22-page opposition to Pacman’s motion for default and dismissal filed Aug. 22 before the U.S. District Court of Nevada in Las Vegas, Mayweather’s lawyer Mark G. Tratos offered to pay the costs of Mayweather’s non-appearance to deposition “to include reasonable attorneys’ fees” and “future deposition” but wants to Court to deny Pacman’s “motion for default and dismissal.”

These are just delaying tactics and meaningless in law. There are no legal grounds for Mayweather's "action" but he has the right to file it.