The Ali Act prohibits any agent from acting as both a promoter and a manager as I understand it. The manger is supposed to act in the fighter's interest in negotiations with the promoter. When those two parties are on the same side the fighter inevitably gets screwed.
That's why the question of additional investors is so important in the context of a GBP/Haymon split. Haymon can't just walk away unless he has somewhere to walk away to. Someone has to put the cash up.
That's why the question of additional investors is so important in the context of a GBP/Haymon split. Haymon can't just walk away unless he has somewhere to walk away to. Someone has to put the cash up.
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