Comments Thread For: Golden Boy, ABC, WBO Join In Pending Haymon Lawsuit

[Scipio2009]

The thing that you ignore is that neither Haymon nor his corporation have any business cutting a cheque to a fighter. Chavez Jr. posted a picture of the cheque that Haymon paid him with. Advisors and managers earn their living by being paid a percentage by the fighter, they do not pay the fighter. Haymon works for the fighter, the fighter does not work for Haymon. At least that is how it is supposed to work.

Haymon Boxing gets a $3m for the fight proceeds, before cutting a $2.7m check to Chavez Promotions. Not sure what the hangup is.

Haymon Boxing is the entity that business related to Premier Boxing Champions is run through; if he'd just called it PBC, maybe there'd be less confusion. Doubt it, but whatever.

Haymon runs his business different from Top Rank, or any other outfit for that matter. Haymon still walks away with a share of the fighter's take, the fighter gets paid his full purse no BS, and the world goes on.

Rather than having Showtime pay some promoter, who pays Chavez Jr, who then pays Haymon his share, the money get's cleared through Haymon's company, of which the fighter takes their full purse (sans Haymon's own fee). style over substance if you ask me.

[SchoolTheseCats]

IF fighters are getting screwed over by promoters, then that means that the advisors and managers are not doing the job they are being paid for. Advisors and managers are paid by the fighter, the promoter pays the fighter. The advisors and managers are there to make sure the fighter is getting his just share. If a fighter is getting shafted by a promoter, he needs a new manager or advisor or both.

And your argument is exactly why a lot of fighters are now not signing with promotional companies less headaches less people your paying and don't have to worry about them shady contracts that comes with extensions and such like ward and Chavez went through and what mikey Garcia still going through and sitting on shelf for now

[SugarRaRobinson]

Duva not a major promoter she has Krusher keeping her company floating that's it and they was willing to work together just couple weeks ago but she pulled out of purse bid and only wants Stevenson vs kov fight to happen on HBO because she don't wanna mess up her ties with them roc nation just got into boxing and only match that they was going do was quillen vs korbov fight but quillen pulled out to be with family dying uncle and birth of child some people say it was because roc nation won bid golden boy doesn't have nobody on they roster to warrant a fight with besides canelo and Lemieux and he also ran back to HBO that pretty much banned haymon fighters so again don't try and put all the blame on haymon when all the other promoters are also throwing monkey wrenches in making fights haymon no saint but neither is them other companies

Nice post !!!

[Barcham]

Haymon Boxing gets a $3m for the fight proceeds, before cutting a $2.7m check to Chavez Promotions. Not sure what the hangup is.

Haymon Boxing is the entity that business related to Premier Boxing Champions is run through; if he'd just called it PBC, maybe there'd be less confusion. Doubt it, but whatever.

Haymon runs his business different from Top Rank, or any other outfit for that matter. Haymon still walks away with a share of the fighter's take, the fighter gets paid his full purse no BS, and the world goes on.

Rather than having Showtime pay some promoter, who pays Chavez Jr, who then pays Haymon his share, the money get's cleared through Haymon's company, of which the fighter takes their full purse (sans Haymon's own fee). style over substance if you ask me.

And how do you not see that this is in violation of the Ali Act? Haymon is paying the fighter, which means that the fighter is working for Haymon. But the fighter is also paying Haymon, which means Haymon is working for the fighter. Can't have it both ways. It's like paying a lawyer to represent you when you are suing a company but your lawyer is also the head of the company you are suing. It.just.don't.work.

[SchoolTheseCats]

And how do you not see that this is in violation of the Ali Act? Haymon is paying the fighter, which means that the fighter is working for Haymon. But the fighter is also paying Haymon, which means Haymon is working for the fighter. Can't have it both ways. It's like paying a lawyer to represent you when you are suing a company but your lawyer is also the head of the company you are suing. It.just.don't.work.

He would only be violating the ali act if he taking money for promoting and advising that's something the plaintiffs will have to prove in court by the fighters being free agents then the money won't be coming from a promotional company his llc is basically the bank that the hedge funders invested they money in

[Eff Pandas]

He would only be violating the ali act if he taking money for promoting and advising that's something the plaintiffs will have to prove in court by the fighters being free agents then the money won't be coming from a promotional company his llc is basically the bank that the hedge funders invested they money in

Yep. Alot of people need to read the Ali Act before they suggest Al is doing something wrong in relation to it.

[Ravens Fan]

Yes , everyone knew Chavez was gonna eventually get exposed as he's a hyped up sloth , but what everyone didnt know was that it was gonna happen that night . Secondly , whether PBC boxing survives or not , won't put a new nickel in my pocket or take one away so it doesn't really matter cause I pay for the full cable package anyway , so let the chips fall where they may . Thirdly , I can care less where Dirrell fights as long as its on TV

Eventually? It was a terrible match for Chavez and even senior, like most of us, realized early on that Fonfara was going to expose Junior. I also have to ask why do you keep rambling on and on and on about something that you supposedly don't care about??

[Eff Pandas]

And your argument is exactly why a lot of fighters are now not signing with promotional companies less headaches less people your paying and don't have to worry about them shady contracts that comes with extensions and such like ward and Chavez went through and what mikey Garcia still going through and sitting on shelf for now

Exactly. The reason people are going with Al now is because of shady promoters & all the leverage they have. In the past you could pretty much get with some rinky dink promotion that couldn't really do anything with you or sign the sketchy big promoter contract who could keep you active, get you better & better opposition & in the past (& maybe still idk) pay off the ranking groups to get you ranked, but they'll also make you sit for a year if you don't resign that extension when the time comes around.

Meanwhile Lucas & Andre Dirrell wanted to leave Haymon....and they left.

I suspect we will see more guys like Al in the future regardless of PBC being successful or not as there is zero reason for promoters to wield the power they do. There is no reason for the stars of the sport to be nailed down to any promoter.

[SchoolTheseCats]

Exactly. The reason people are going with Al now is because of shady promoters & all the leverage they have. In the past you could pretty much get with some rinky dink promotion that couldn't really do anything with you or sign the sketchy big promoter contract who could keep you active, get you better & better opposition & in the past (& maybe still idk) pay off the ranking groups to get you ranked, but they'll also make you sit for a year if you don't resign that extension when the time comes around.

Meanwhile Lucas & Andre Dirrell wanted to leave Haymon....and they left.

I suspect we will see more guys like Al in the future regardless of PBC being successful or not as there is zero reason for promoters to wield the power they do. There is no reason for the stars of the sport to be nailed down to any promoter.

yea dirrell went back with haymon wasn't green on other side lol

[iniduoh]

First it was the Muhammad Ali act which means they would have to show that Haymon is really a promoter which is something they can't possibly prove and obviously they've realized this. And now, it's the Sherman Anti-Trust Act, talking about grasping for straws.