Comments Thread For: DiBella Defends Haymon/PBC Against Lawsuit Troubles

[bigdunny1]

You are waaayyy off ...first and foremost of he was handling his business i stad of cris addressing and doing drugs he would been ok...Al came to him first with the idea ...most of golden boy fighters were already with Al ...so is he shady for doing business him before the so called takeover ...oscar miss the boat so now he's mad he didn't hop on...dumb ass shouldnt have been only showing canelo or only spanish fighters special attention and treated all his fighters right ....thanks Al for giving the sport back to the guys who actually take the abuse in the ring

Whether Oscar was foolish for falling asleep at the wheel and trusting his company to a snake like Richard is a fair argument. But you are wrong about the fighters almost all were originally signed to GB. Then at some point shady stuff was going on and contracts were expiring and not being renewed without Oscar's knowledge. Fighters were signing exclusively with Haymon and continuning to work with GB under a hand shake agreement with Richard. Also contracts the year before Richard left were written with a clause that if Richard left they could void the contract. Basically Richard and Haymon were trying to screw Oscar over raid his talent pool. When he found out he raised hell and got Richard the hell out and sued both them clowns.

Fact is saying GB wasn't complaining when they were working with Haymon is a lie. Richard was fine with it, Oscar was not and when he found out what was going on there was a major clean up in his company with mass firings and lawsuits.

[The Big Dunn]

Dibella knows what most on NSB do but will not admit-Haymon working with him and other smaller promoters gives them a chance to compete with TR.

Dibella's ability to work with both PBC and HBO gives him far more options, which should help him attract better quality fighters and grow his business.

What is wrong with that?

[PK3434]

I wonder why GBP didn't file this lawsuit when Haymon was working with them.

C'mon. you know that was Richard Shaeffer's Golden Boy. This is Oscar's Golden Boy. There is a big difference. Shaeffer and Al Haymon were a team that were actually going against GB's interests. It was definitely Oscar's own fault for not realizing this earlier, but thats what it is.

[IMDAZED]

C'mon. you know that was Richard Shaeffer's Golden Boy. This is Oscar's Golden Boy. There is a big difference. Shaeffer and Al Haymon were a team that were actually going against GB's interests. It was definitely Oscar's own fault for not realizing this earlier, but thats what it is.

Oh I see. So Oscar was OK with it then.

[Barcham]

I wonder why GBP didn't file this lawsuit when Haymon was working with them.

Difficult to file a lawsuit based on the PBC and it's investors when the PBC did not exist at the time and the investors were not yes involved with Haymon. That is just about the ******est question I have ever seen posed on this board, and that is saying a LOT!

[IMDAZED]

Difficult to file a lawsuit based on the PBC and it's investors when the PBC did not exist at the time and the investors were not yes involved with Haymon. That is just about the ******est question I have ever seen posed on this board, and that is saying a LOT!

Based on the PBC or its practices? Because that's about the dumbest answer to a rhetorical question I've seen. Based on your prior posts, that's not saying much.

[RSBonos]

I kinda feel for Haymon in this situation. He needs to work with real promoters.

[baddog]

DiBella is working with Haymon. What else is there to understand?
He's been in and around the scene a long legit time. NOW TAKE WARRIORS, damn is that a sham.

[bigdunny1]

C'mon. you know that was Richard Shaeffer's Golden Boy. This is Oscar's Golden Boy. There is a big difference. Shaeffer and Al Haymon were a team that were actually going against GB's interests. It was definitely Oscar's own fault for not realizing this earlier, but thats what it is.

Exactly. People using that defense have no clue about what went on. Oscar hired Richard who was a family friend to run his company. That was his main qualification because he was a banker did not have a boxing or promoter background. So he trusted him thats how he got the job and was in the dark with the contracts and what was going on. and it's clear Richard wasn't working in Oscar's or the company's best interest. Once Oscar found out the lawsuits came and Richard and all his cronies got the boot.

The answer to why Oscar did not file lawsuits against Haymon a year or 2 earlier is simple...he didn't know what was going on. All the shady stuff was done with Richard running the company.

[Mitchell Kane]

Based on the PBC or its practices? Because that's about the dumbest answer to a rhetorical question I've seen. Based on your prior posts, that's not saying much.

It's dumb to point out that the PBC wasn't even announced when GBP reached their settlement?

That the PBC tv deals hadn't even been reported or announced yet?

The Sports Business Journal article detailing the relationship between Haymon and Waddell & Reed didn't even come out until April, and it was followed shortly by the reports of the GBP lawsuit.

1/14/2015:

Oscar De La Hoya gets settlement

As part of the deal, multiple sources said De La Hoya also cut ties with the numerous top fighters he had been promoting from the stable of powerful adviser/manager Al Haymon. Schaefer resigned in June after a decade in charge as the only chief executive in company history, after which De La Hoya filed the arbitration accusing him of breach of fiduciary duty to the company, which Schaefer has denied.

The central issue was that under Schaefer's watch many of the promotional contracts Golden Boy had with Haymon's fighters expired and were not renewed, leaving Golden Boy in a vulnerable position. Golden Boy continued to put Haymon's fighters on high-profile cards but without having nearly as much say-so over opponents or financial details had they had contracts.

1/16/2015:

NBC enters fight game with Haymon

NBC Sports made official the news that has swirled around the sport for months, announcing Wednesday at a news conference in New York that it has entered into a multiyear agreement with Haymon Boxing, the company headed by powerful adviser and manager Al Haymon, and will televise the first 20 cards this year.

The series, titled "Premier Boxing Champions" -- "PBC on NBC" as executives are calling it -- will include five cards on NBC on Saturday nights, six on NBC on Saturday afternoons and the remaining nine in prime time on NBC Sports Network.

http://espn.go.com/boxing/story/_/id...-haymon-boxing


4/20/2015:

Boxings grand new stage

http://www.sportsbusinessdaily.com/Journal/Issues/2015/04/20/In-Depth/Main.aspx

4/27/2015:

Golden Boy preparing lawsuit against manager Haymon, his company, more

In its anti-trust argument, Golden Boy is expected to contend that Haymon is using his monopoly as a boxing manager Haymon represents more than 150 fighters, legally creating a vastly larger market share than any other manager to create another monopoly for promoting TV fights.

http://espn.go.com/boxing/story/_/id...ach-settlement