Stephen Espinoza says no contract even exist LMAO

[Box3r]

Then Arum needs to show whatever was agreed upon becausen Koncz just said Manny agreed in principal to the "contract" or else STFU.

Same goes for Mayweathers side.

Split, gloves, venue and date this has been mentiond in a few article by uncle Bob and Pacquiao himself.

So you smelly little **** needs to stfu!

[billeau2]

A lot of people who haven't studied law, often think that you need a contract in writing for it to be legally binding.

Although in this situation, the Statute of Frauds would require the final contract to be in writing to be legally binding.

However, it doesn't work like you think. A contract isn't written just like that, all at once. Usually there are base contracts that cover all the points that require no negotation,and then the points of negotiations are added as talkks continue, and terms are agreed on. When I did my contract I had to write, I went to the library, and found a base example, and then just added what i needed to add. Without these "base forms" it would take FOR-EVV-UH to write and draw up.

So what probably is happening - is a contract is having terms added to it as they are agreed on, and Pacquiao has probablt verbally committed to the fight, and agreed on all terms presented.

Some one gets it!

Exactly. This would be a bilateral contract vis a vis both parties are to perform. Most of the written jargon you refer to is called biolerplate because it is a template. The most important aspects of a contract are a meeting of the minds, consideration (from both sides in a bilateral contract) and whether the contract is legally eforcable.

[DeadLikeMe]

Absolutely true.

People here don't seem to understand contracts! They think a contract is a piece of paper that makes its way around the room like some whore at a bachelor party....

Contracts can be oral, in this case if Pac agreed to all Floyd's demands and held a date up for the event this can be considered consideration, vis a vis this is an oral contract. It does not mean others don't have to sign off and details hammered out but when Pac says he agreed to the provisions and gave something of value in exchange (a venue his participation, etc) then this is an oral contract.

Many people here make the same mistake as Floyd who thinks of a contract as an agreement signed off on that is admissable in a court of law etc. Make no mistakes about it people, Pac can't sue Floyd, he can't hold him to provisions but a verbal contract vis a vis an agreement was made when Floyd gave his consent verbally.

So it is correct that Pac has not lied when he states the nature of the agreement between Floyd and himself. Just because something is not legal grade does not mean it is not a contract. It just means that SOME contracts have to be written. SOME contracts to be legally ENFORCABLE need the signatory of other parties involved. And SOME contracts need to be enforced through the actions of one or more parties....For example it would be very interesting if Pac had a tape of Floyd agreeing to terms and Pac then proceeded to pay a deposit for the venue....This contract might even be enforcable...I don't know.

A lot of people who haven't studied law, often think that you need a contract in writing for it to be legally binding.

Although in this situation, the Statute of Frauds would require the final contract to be in writing to be legally binding.

However, it doesn't work like you think. A contract isn't written just like that, all at once. Usually there are base contracts that cover all the points that require no negotation,and then the points of negotiations are added as talkks continue, and terms are agreed on. When I did my contract I had to write, I went to the library, and found a base example, and then just added what i needed to add. Without these "base forms" it would take FOR-EVV-UH to write and draw up.

So what probably is happening - is a contract is having terms added to it as they are agreed on, and Pacquiao has probablt verbally committed to the fight, and agreed on all terms presented.

Each new draft of the contract sent would be legally considered as an offer or counteroffer, even if previous ones were agreed to in principle (this being a contract required to be in writing by the statute of frauds) would make the previous drafts (offers) void. So no, there is no contract for anyone to sign and Arum is lying. We can be buttboys for him and be like, "well, maybe Pacquiao agreed with arum in a contract between them" but that isn't what the **** Arum is saying. He is clearly implying to the simple-minded folk that there is some finalized contract for them to sign (that Pacquiao has already signed) which from what I can tell is complete and utter garbage.

[Porter's Dad]

What many of the tards here seem to readily dismiss, is that Manny is relying totally on Arum\Kontz to be on the up & up .... and that can often lead to several misunderstandings and misstatements

Of course! Arum and Koncz put a fake contract in front of Pacquaio.

Arum also continuously brings up the name of Les Moonves to give credibility to his lie. Arum has been lying all along, but Les Moonves is too busy with other TV stuff to call him out on his lie.

It's all one big elaborate lie so they can spin their way into a Jesse Vargas fight

[billeau2]

Each new draft of the contract sent would be legally considered as an offer or counteroffer, even if previous ones were agreed to in principle (this being a contract required to be in writing by the statute of frauds) would make the previous drafts (offers) void. So no, there is no contract for anyone to sign and Arum is lying. We can be buttboys for him and be like, "well, maybe Pacquiao agreed with arum in a contract between them" but that isn't what the **** Arum is saying. He is clearly implying to the simple-minded folk that there is some finalized contract for them to sign (that Pacquiao has already signed) which from what I can tell is complete and utter garbage.

You are thinking of real estate contracts....I did them for years, offers and counter offers are just a procedure they are not necessarily part of making a contract. Certainly people can make offers and counter them but this is just a procedure...it has nothing to do with whether something is a contact or not.

One thing: I am not defending Arum. Its just important to understand when a contract is made. One can say they agreed to all provisions in a contract. Even in real estate many times the provisions are agreed to before hand. Counter offers and such usually come into play when there are multiple offers on a property and the seller is trying to create a bidding war.

[DeadLikeMe]

You are thinking of real estate contracts....I did them for years, offers and counter offers are just a procedure they are not necessarily part of making a contract. Certainly people can make offers and counter them but this is just a procedure...it has nothing to do with whether something is a contact or not.

One thing: I am not defending Arum. Its just important to understand when a contract is made. One can say they agreed to all provisions in a contract. Even in real estate many times the provisions are agreed to before hand. Counter offers and such usually come into play when there are multiple offers on a property and the seller is trying to create a bidding war.

Yes, but again. Agreeing to what should go into a contract that is required to be in writing by the statute of frauds is obviously a step in forming a contract. However, that isn't what Arum is saying at all. He is clearly implying there is some finalized contract that has already been signed. While I certainly hope this is true, the other side is saying no such document exists. So obviously someone is stretching the truth.

[jio999]

If the fight does not happen regardless of who's fault it is both pac and Floyd next fight should be boycotted for this nonsense

[jas]

Of course! Arum and Koncz put a fake contract in front of Pacquaio.

Arum also continuously brings up the name of Les Moonves to give credibility to his lie. Arum has been lying all along, but Les Moonves is too busy with other TV stuff to call him out on his lie.

It's all one big elaborate lie so they can spin their way into a Jesse Vargas fight

Let's have a 6 months avi bet pacquaio doesn't fight Vargas next

[Porter's Dad]

Let's have a 6 months avi bet pacquaio doesn't fight Vargas next

I think you mis-read by post. It was laced with sarcasm.

[man-of-war]

one thing that doesnt change about this whole semantics argument, is that both arum and pac have publicly stated that they agreed to all the terms presented to them by mayweathers representatives. so they are orally bound to a contract, all mayweather has to do is produce those documents they presented to pacs team and procede with the formalities of getting all the required signatures. so really, its a contract if floyd wants it to be a contract.