Comments Thread For: Top Rank Sues Al Haymon For Over $100 Million
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Which is why Bob Arum will not win.
Al Haymon is a manager. The promotional companies of the fighters are beating Top Rank in bidding wars.
Essentially what Arum is trying to do is piece the veil and prove that Al Haymon is behind the management and promotion of the fighters.Comment
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Haymon is not a promoter. Haymon is an advisor. Advisors do not pay fighters, fighters pay advisors. Promoters pay fighters. Haymon paid Chavez. Haymon was acting as a promoter in violation of the Ali Act.
Advisors and managers are prohibited by the Ali Act from acting as promoters at the same time as it would be a major conflict of interest.Comment
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actually hes not fighters are allowed to have managers and not promoters people thinking things dont really mean anythinghttp://documents.latimes.com/top-ran...nst-al-haymon/
Haymon is not only violating the Ali act, but also the sherman trade law and some other law having to do with business practices. Hes breaking the law, they just have to prove it in court.Comment
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Dan Rafael ***8207;@danrafaelespn · 2h2 hours ago
Suit claims a manager paying "purse" is against Ali Act (which it is). #boxingComment
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Regarding the check photo in the Top Rank lawsuit vs. Haymon, CSAC reported @jcchavezjr1 purse at $2.5 million in April.
— Lance Pugmire (@latimespugmire) July 1, 2015
So concerning the picture of the check. The bottom one was for the fight and the top one was an additional 1.7 from Haymon Sports LLC to Chavez Jnr PromotionsComment
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