Comments Thread For: Top Rank vs. Gamboa: The Fine Points of The Lawsuit

[hhs661]

Did not know that about Boozer.

One other thing, Todd had an interview with BS where he said Gamboa just signed an extension with TopRank, but people on here are saying that's false, I wonder who's telling the truth.

Shit's about to get very non-fictional up in here

But yeah, Boozer was supposed to take the Mid-Level Exception then bounced once he became an unrestricted FA lol

[edgarg]

gamboa is the frontrunner for " the idiot of the year award"... GBP couldn't even beat uncle bob in court over pacquiao's contract...he just commited career suicide. arum will make him pay financially, he will make him wait out his contract, HBO will be hesitant to pick up his fights in the future. maybe he should have learned from kelly pavlik. he got bad advice from someone & his career will be on hold until further notice...

I think the "idiots of the year" award could go to the posters who preceded you in this thread.
For idiocy they are supremely oblivious to the fact that they're defending someone who has reneged on a lawful contract properly executed.

It seems that everyone who has any dealings with Mayweather becomes tainted in some way.
It also loos as if Top Rank could be awarded large consequential/special damages, which could be deducted from any purse he earns for the next years, until paid in full with interest added. He really seems to be in a mess. If he has smart and not self-serving lawyers, they will advise him to come to an agreement with Top Rank either to work out his contract and recmpense them, or buy his contract out, finding a guarantor for the full amount owing. This latter will not be easy to find.

As an interesting matter, from the published details of the Top Rank specifics, it looks as if Top Rank has become senior to Arena Box, since the Top Rank agreement has to be observed irrespective of anything contained in the Arena agreement.

[jbp23]

A contract does not necessarily need a signature to be valid. It seems to me that performance of the contract is happening, by performance I mean payments, press conference requested by Gamboa, etc., etc. So "set in stone" is not necessary here as long as performance is happening.

[CubanGuyNYC]

Sure looks ugly when you read it spelled out like that, in black & white, don't it? I'm not saying Gamboa is right, nor am I saying Top Rank is right. All I'm saying is that there are two sides to every story. What are we to expect a lawsuit to read like? "Well, we kinda-sorta had an agreement"? Of course the "evidence" sounds damning! I'm going to go out on a limb on this one, but I'll bet that Yuri's law team is going to counter with some "evidence" of their own that Gamboa is in the right.

Let the courts sort it out, that's what they're for. If Yuri messed up, he needs to pay. The sad part is that, even if he's right, he might pay anyway....

[PACnPBFsuck]

I think the "idiots of the year" award could go to the posters who preceded you in this thread.
For idiocy they are supremely oblivious to the fact that they're defending someone who has reneged on a lawful contract properly executed.

It seems that everyone who has any dealings with Mayweather becomes tainted in some way.
It also loos as if Top Rank could be awarded large consequential/special damages, which could be deducted from any purse he earns for the next years, until paid in full with interest added. He really seems to be in a mess. If he has smart and not self-serving lawyers, they will advise him to come to an agreement with Top Rank either to work out his contract and recmpense them, or buy his contract out, finding a guarantor for the full amount owing. This latter will not be easy to find.

As an interesting matter, from the published details of the Top Rank specifics, it looks as if Top Rank has become senior to Arena Box, since the Top Rank agreement has to be observed irrespective of anything contained in the Arena agreement.

Has Top Rank won any legal battles against a fighter who was willing to fight another fighter but didn't?

[Lineal Champ]

A contract does not necessarily need a signature to be valid. It seems to me that performance of the contract is happening, by performance I mean payments, press conference requested by Gamboa, etc., etc. So "set in stone" is not necessary here as long as performance is happening.

Ive been saying this from day one. Check my posts. But hell what do you expect from boxing fans. They never listen and they keep throwing up pages upon pages of garbage posts without knowing one ioda of contract law.

YOU DONT NEED A SIGNATURE TO HAVE A VALID CONTRACT



Come on guys. We're talking about Bob Arum Harvard Law degree. You don't think he has all of his fighters tied up in air tight contracts before he goes an starts promoting a fight. Seriously? Bob is undefeated in the courtroom

[check hook]

If these poionts are true,it's not looking good for Yuri. Don't need to sign a paper contract for a contract to have been deemed created. If it's true that he took an advance he's screwed.

[acidity]

I think the "idiots of the year" award could go to the posters who preceded you in this thread.
For idiocy they are supremely oblivious to the fact that they're defending someone who has reneged on a lawful contract properly executed.

It seems that everyone who has any dealings with Mayweather becomes tainted in some way.
It also loos as if Top Rank could be awarded large consequential/special damages, which could be deducted from any purse he earns for the next years, until paid in full with interest added. He really seems to be in a mess. If he has smart and not self-serving lawyers, they will advise him to come to an agreement with Top Rank either to work out his contract and recmpense them, or buy his contract out, finding a guarantor for the full amount owing. This latter will not be easy to find.

As an interesting matter, from the published details of the Top Rank specifics, it looks as if Top Rank has become senior to Arena Box, since the Top Rank agreement has to be observed irrespective of anything contained in the Arena agreement.

I agree. It is going to be very hard for yuri to find someone willing to buy out his contract with TR. Boxing is business and with the recent developments and yuri's career moves, he is most certainly regarded now as very risky investment.

Granting that he can con someone to invest on him, Arum won't be that easy to appease after that bad stunt. Arum will most likely pursue asking for $$$$$$ damages to send warning signals to boxers and other promoters not to f**ck with him. Gamboa is getting broke and most likely wont be able to fight for years to come.

Even if gamboa thinks he is getting a bad deal from TR, what he did is simply not the right way out. Very bad move for Gamboa. Another talent wasted with dumb career decision.

[Lineal Champ]

All I read was agreements, agreements, but nothing was signed, I think they're gonna make gamboa pay the money back and that's it. What can they really do if nothing was set in stone.

Top Rank is claiming anticipatory breach and remedies to anticipatory breach are monetary damages. They are claiming monetary damages of $1,000,000 (probably the cost of promoting the fight up until breach, contracts made with arena, contracts with HBO).

[HUGOBOX]

Gamboa has fuccked himself big time,with this ****** move, I'll bet greed got the better of him and hanging out with Floyd hasn't helped one bit.... now he may not fight for who knows how long while legally tied up trying to resove this mess....