Comments Thread For: Golden Boy Files Official Lawsuit Against Al Haymon

[Mitchell Kane]

Haymon isn't running around, venue to venue, negotiating deals. Haymon isn't dealing with the insurance questions that can differ, commission to commission. On near all of the nuts-and-bolts questions that come with actually staging the fight, Haymon seems to differ to the local promoter, covering the expenses and paying the fee at/after the event.

PBC is basically a unifying TV enterprise, to sell content to advertisers in a more straightforward package. PBC is only showing boxing cards, but the concept isn't much different from Sp1keTV's Friday Night Light Out series.

When Friday night comes, Sp1ke is working to have their audience turn to them for fights, be they boxing, mma or kickboxing.

PBC wants the general sports fan to connote premium boxing contests with the 'PBC' brand, whether the show is ostensibly put on by Goosen Promotions, DiBella Entertainment, Warriors Boxing, GYM, or any other promotional outfit.

If Haymon decides on the match-making, the TV, the presentation, the venue, and just hires a promoter for "nuts-and-bolts", then he certainly sounds like the following....

The term promoter; means the person primarily responsible for organizing, promoting, and producing a professional boxing match

[OnePunch]

This suit is going to fail miserably.

well if anyone is an expert about lawsuits failing miserably, its a Ward fan........

[Scipio2009]

Is Haymon really that smart?

I guess the outcome of this lawsuit will make that a little clearer, but you don't have to be terrribly smart to throw other people's money around, which is all Haymon has done up to now.

Even if he manages to beat GBP in court, he needs PBC to take off and start making a profit before the money runs out, and there's no sign of that happening yet.

He could turn out to be the smartest dude in boxing, or the biggest loser the sport has ever known. Only time will tell.

Personally, I don't think the situation is actually that make/break for Haymon. If the reports are true, he's got enough money backing him to comfortably cover three years of the project (likely longer if he's actually able to sell some of those commercial slots), and he's got backers ready to lose every penny on the experiment, if need be. Beyond that, even if the whole thing were to go belly up, he'd still be able to go back to Showtime/CBS with a roster of talented young fighters who'd spent the prior 2-3 years being featured on broadcasts in front of audiences that were three to four times what any of the other fighters were able to get on HBO.

Garcia vs Thurman (hope that the wait isn't actually this long) would be a bigger fight than anything that HBO could come forward with, and Errol Spence would've likely emerged as the new money fighter of the sport.

The pie would shrink, but it'd be a bigger pie than it was before the attempt, for the fighters that the general public got a chance to see.

[Scipio2009]

sorry, but Khan-Algeri, Guerrero-Martinez, and Cuellar-Darchinyan are garbage fights.....

Khan-Algieri isn't a barnburner; I'm not here to argue that point.

I'm just asking for folks to point to 10 fights, put on by anyone not affiliated with Haymon, that are better than even Khan-Algieri (which is openly acknowledged as not being all that great a fight).

Klitschko-Fury is likely a good matchup, as is Cotto-Canelo in late Fall. that's about it.

Golovkin-Monroe Jr and Kovalev-Mohammedi are junk fights, too; with the Stevenson fight not happening and Team Golovkin wanting no part of Andre Ward, the rest of their fights for the year are likely to be more of the same. Bradley-Vargas isn't a fight that anyone is excited for, either.

[Tay Roc]

Now, you know the resident NSB lawyer is Bobby Schmurda. You know, the guy who thinks Pac/Arum are in "big, big trouble" from all those fans crying/trolling about paying for PPVs, yet Haymon getting his ass sued by all these different en****** doesn't seem to raise the same concern in him

It's pretty obvious from his law-related posts that he has rudimentary understanding of law at best. Combined with his atrocious grammar and reasoning, I truly hope he is not a lawyer. I feel bad for anyone he represents.

[Scipio2009]

Because HBO is NOT preventing Stevenson from fighting Kovalev. It just has to happen on HBO because Kovalev has an exclusive contract. You cannot sue someone because they are following the terms of their legally signed contract. No one forced Kovalev to sign his contract, it was done of his own free will. HBO is a private business and they have the right to choose what programming they decide to show on their network. I cannot sue HBO because they will not broadcast my television series, I just have to make a series good enough for them to want to broadcast and pay for.

You really are brain dead, aren't you?

Kovalev was supposed to be a free agent after the Pascal fight; that position was why the WBC, seeing the politics of the situation as they were, made the decision that they did, pushing the process into a "best bid wins"-type situation.

How Kovalev went from being a free agent who could negotiate with whomever to being a fighter who could only fight on HBO (within weeks of the WBC move, that Kovalev's promoter pushed so hard for in the first place) makes HBO look like the very anti-competitive outside actor that Golden Boy is seemingly railing against, private business or not.

Again, unless Duva was openly lying about her situation with HBO, GYM/WBC/Stevenson would seem to have a rather straightforward case for damages by HBO, do to their meddling in the deal, if they were open to trying to sue.

[Scipio2009]

If Haymon decides on the match-making, the TV, the presentation, the venue, and just hires a promoter for "nuts-and-bolts", then he certainly sounds like the following....

'primarily responsible' is where the critique falls apart, for the simple fat that the primary person, unless my concept of the English language fails me, refers to the actor that is actually physically completing the task.

Floyd Mayweather Jr hired Golden Boy Promotions to promote his nine fights prior to the Maidana rematch; if anything were to have happened at the actual event (stampede at the venue, assault by security, emergency ambulances not being at the venue, etc), the injured party would sue Golden Boy Promotions, the entity primarily responsible for staging the fight) and not Floyd Mayweather Jr, even if he were the actual person who covered the incurred costs of the event.

If the New York State Athletic Commission discovered that something was improperly filed/addressed for the Garcia-Peterson fight, they'd go after DiBella Entertainment, even if PBC/Haymon Boxing was reimbursing costs.

[OnePunch]

'primarily responsible' is where the critique falls apart, for the simple fat that the primary person, unless my concept of the English language fails me, refers to the actor that is actually physically completing the task.

Floyd Mayweather Jr hired Golden Boy Promotions to promote his nine fights prior to the Maidana rematch; if anything were to have happened at the actual event (stampede at the venue, assault by security, emergency ambulances not being at the venue, etc), the injured party would sue Golden Boy Promotions, the entity primarily responsible for staging the fight) and not Floyd Mayweather Jr, even if he were the actual person who covered the incurred costs of the event.

If the New York State Athletic Commission discovered that something was improperly filed/addressed for the Garcia-Peterson fight, they'd go after DiBella Entertainment, even if PBC/Haymon Boxing was reimbursing costs.

none of that matters in the least. The Ali Act states that it is unlawful for a manager to have a financial interest in the promotion of a boxer. Period.

Haymon is a licensed manager. PBC (controlled by Haymon) has a financial interest in the promotions it controls. End of story.

this is not difficult to understand. Haymon is in violation of the Ali Act. Its not even debatable. Now whether or not the govt actually does anything about it is another matter alltogether......

[In Motion]

Oscar stays losing and wearing fishnets.

Haymon takeover is near.

[deanrw]

It does not matter. A case like this can be strung along for years. In that time PBC, if successful, will say sorry my bad, and pay a fee. If unsuccessful, which is a possibility also, due to the money they are shelling out compared to what they are taking in, they may no longer even exist.

PBC investors are taking a big risk here. They are paying out big money, in the hope that free network audiences grow to the point where the networks will want to pay millions per card. They will have to capture a very large and sustained viewership to make it work.

Ali act violation or not, I applaud them for actually investing back into the sport.