GBP preparing to file suit against Haymon

[Weebler I]

I didn't know about Imam, but he fought on the Wilder-Stiverne and Chavez-Fonfara undercard last times and both of those events were strongly connected to Haymon. And for the other fighters, maybe you're right but tell me from TR stable who has a "lots of fans"? Wlaters and Loma haven't got yet and probably they are in a too little weightclass for the taste of the masses, Bradley was never that popular but I can give you that because he has a name by now, Mikey Garcia and Crawford are on the way to become stars but neither of them is an established star yet and Mikey's long lay off certainly didn't help him to that. So they have only 2-3 more well known guys. Oscar has one or arguably two with Matthysse.

Lemieux too. Are you a Brit Hend? I struggle to see where all this Haymon love stems from. He's had the DeGale-Dirrell fight moved to Boston when it could have been an event in the UK. He's having Khan fight Algieri, with no Brook fight. He pretty much scuppered Froch-Chavez Jr when TR were willing to put it on. All he does is get in the way of good match-ups trying to create a personal financial angle for himself, US fans have known this for a long time.

[Sugar Adam Ali]

Boxing is different as compared with MMA (which is "young") or other U.S. team sports which are organised in "leagues"... A PBC "league" will prove to be a too difficult task to undertake. Time will tell.

Why is that? What makes boxing so unique that it can't possible have a central organziation..

If Haymon keeps signing up fighters and getting on network TV, i see no problem.

The key will be landing the TV deal in a few years.

[Mitchell Kane]

Unless Goldenboy can produce checks signed by Haymon paying promoters then they don't have a case...

It was laid out pretty clearly in the article that they are paying promoters...

"It was a shift in the economic model brought on by Haymon, who negotiated deals that put the revenue from an event in the hands of the fighters, paying promoters a fee rather than giving them a cut."

"Because federal law prohibits managers of fighters to also promote fights, the PBC will work with a handful of promoters, most of them tied regionally, paying them a fee to operate the shows."

"While they will execute the events, there is no question of who will make most of the decisions with regard to matters such as ticket prices and presentation."

http://m.sportsbusinessdaily.com/Jou...pth/Main.aspx?

Did Haymon ever pay GBP to promote a show?

[removed]

Go on Oscar!

Haymon is a cancer on the sport.

[Skip Bayless]

very interesting.

[Build That Wall]

Ultimately I think this suit should fail, but I think some settlement in court will probably be reached.

[KnockoutKings]

Lmao, Yeah cause the UFC has a monopoly and it's so bad for the sport.. They don't ever quickly give the fans the fights they want in each division all the time..
Aldo-mccgregor would have taken years to make in boxing, ufc makes it in less than 6 months.. I honestly can't think of one major fight in any division in ufc that didn't get made ASAP

The PGA monopoly is horrible for golf,,,, how dare they have all the best golfers compete against each other? Lmao.. Sports is one of the few areas that it's good to have a monoply, as in theory all players/fighters are under one banner and any game/match/fight can happen....

The biggest MMA fight that should have been made, never happened (Fedor v Brock). And you are under the assumption that Golden Boy and Top Rank and everybody else are going to go broke, die out, leave boxing and everybody goes to PBC because there is no choice. That will never happen. Nobody will lie down for anybody.

Is it even a good model for the fighters, themselves? Look how underpaid UFC fighters are compared to boxers. And notice how WWE, being the only big league, hurts their own product by taking out the competition, and another platform for wrestlers to earn a living.

In a perfect fantasy, of course all fighters under one banner would be great for the sport. But this is reality. And in reality, this can cause as much problems as the Top Rank/Golden Boy cold war did.

[tredh]

He as a manager is not allowed to receive money for promotion, nor is he allowed to have a vested interest in the promoters, or pay the promoters. The manager is to be paid by the fighter, from purses paid by the promoter.

He is bringing the money to the table, that is a violation of the Ali Act.

You can go read the act, it is very very short by legal standards, and is very clear.

‘(1) IN GENERAL- It is unlawful for--

‘(A) a promoter to have a direct or indirect financial interest in the management of a boxer; or

‘(B) a manager--

‘(i) to have a direct or indirect financial interest in the promotion of a boxer; or

‘(ii) to be employed by or receive compensation or other benefits from a promoter, except for amounts received as consideration under the manager’s contract with the boxer.

I dont think its disputable that Al Haymon has a direct, or indirect financial interest in the promotion of a boxer.

He has a $400+ Million dollar financial interest in the promotion of boxers now.

Could all of that be the reason none of Haymon's fighters have a contract with promoters?

Meaning each and every fight is negoiated with a possible different promoter being that way the manager and promoter never get to chummy with each other to rob the boxer.

Also in one of the articles it says Haymon's investors are putting up the money but Haymon is still paid by the boxers he manages.

I have no idea how it will play out but this some good theatre!!!

[Mitchell Kane]

I didn't know about Imam, but he fought on the Wilder-Stiverne and Chavez-Fonfara undercard last times and both of those events were strongly connected to Haymon. And for the other fighters, maybe you're right but tell me from TR stable who has a "lots of fans"? Wlaters and Loma haven't got yet and probably they are in a too little weightclass for the taste of the masses, Bradley was never that popular but I can give you that because he has a name by now, Mikey Garcia and Crawford are on the way to become stars but neither of them is an established star yet and Mikey's long lay off certainly didn't help him to that. So they have only 2-3 more well known guys. Oscar has one or arguably two with Matthysse.

A few...

Felix Verdejo, 21, just fought in front of roughly 6,000 fans in PR. Makes his HBO debut in June on the weekend of the Puerto Rican Day Parade.

Jose Ramirez, 22, former US Olympian, drew roughly 10,000 fans in Fresno last year.

Vasyl Lomachenko, 27, who looks like a future star, has already fought on HBO and SHO, and will have a huge audience watching him on the Pacquiao-Mayweather PPV.

Oscar Valdez, 24, is a former Mexican Olympian and he'll start getting a very strong push in the next year or so.

[The Big Dunn]

ODH lost his stable because he didn't know how to stop sniffing coke and sucking ****. This f@g had to go into rehab the week of the Canelo fight FFS. If I'm a fighter, ODH is surely not someone I would trust.

Lawsuit seems to have merit as Haymon IMO has found a loophole in the Ali Act. My guess is the loopholes may get closed as a result of this suit.