Comments Thread For: Salgado No Longer Facing Gamboa, Seeks New Opponent

[CubanGuyNYC]

Of course not having seen the actual contract, I am making certain assumptions based on industry standards. In settling the Top Rank lawsuit, 50 paid Arum the money and the Top Rank contract was voided. In exchange for that, Gamboa would have signed a new contract with TMT. If TMT then breaches that contract, then its dead on its face, regardless of whatever took place between 50 and TR.

Bottom line I believe is that if 50 breaches, then Gamboa is free and clear......

Edit: And I'm assuming 50 would be in breach because every promotional contract I have ever seen requires the promoter to provide x number of fights per year, at $x minimum purses....

Wow. Thanks for the input. If it's as you assume, Gamboa might make out to a certain degree. He would've gotten released from his contract with Top Rank and wouldn't owe TMT anything. He'd be a clear free agent. Of course, the downside is the inactivity. In the end, it would've been better for Yuri to have signed with a solid promoter and just fight. But being free and clear isn't bad consolation.

[4Corners]

God damn. What the f**k?

[OnePunch]

Wow. Thanks for the input. If it's as you assume, Gamboa might make out to a certain degree. He would've gotten released from his contract with Top Rank and wouldn't owe TMT anything. He'd be a clear free agent. Of course, the downside is the inactivity. In the end, it would've been better for Yuri to have signed with a solid promoter and just fight. But being free and clear isn't bad consolation.

not to mention possibly being able to pocket a $500k or better signing fee from his new promoter........lol


Edit: one other consideration would be if the contract between Gamboa and TMT had a clause saying the contract was assignable on TMT's end. If it did, then technically TMT could sell the contract to Golden Boy or whoever to try and recoup their investment......