Wbc sets agreement for winner of cotto/canelo to fight ggg in 2016

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  • aldo5408
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    #71
    Originally posted by jorgepichardojr
    Not from vacating but from refusing to fight yes. Can't make cotto/Canelo fight but u can make them pay dearly in $$$$$$ for failure to fight. Us attorneys call that liquidated damages for breach of contract. Whether the wbc was wise enough to include such a term remains to be seen.
    Can't cotto just retire? Imo it's like a rematch clause there have been many times were a fighter was legally obligated to do a rematch and they choose not too

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    • mathed
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      #72
      Canelo beats em both.

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      • .:: JSFD26 ::.
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        #73
        Originally posted by jorgepichardojr
        Not from vacating but from refusing to fight yes. Can't make cotto/Canelo fight but u can make them pay dearly in $$$$$$ for failure to fight. Us attorneys call that liquidated damages for breach of contract. Whether the wbc was wise enough to include such a term remains to be seen.
        I think it would have to be HBO or promoter to have such contract. Only reason the WBC is involved in this is cause Cotto has the belt. The WBC cant make a contract saying "you have to such and such even if you dont have our belt." That'd be going against their promoters and network.

        This is just my opinion tho. Since Idk all the ins and outs.

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        • Don Pichardo
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          #74
          Originally posted by aldo5408
          Can't cotto just retire? Imo it's like a rematch clause there have been many times were a fighter was legally obligated to do a rematch and they choose not too
          Can't compare Apples to oranges. We mucst look at the actual language of the terms agreed to. lets say cotto signed a deal that he promises to fight ggg after he fights Canelo and pays ggg for that privilege. Failure to fight ggg after he fights Canelo results in breach of contract. Depending on the contract the courts could force cotto to fight or, more likely, make him pay for his breach. The only way cotto gets out of having to fight or pay for his breach if it becomes impossible for cotto to fight ggg. Retirement does not constitute impossibility. If cotto losses both legs In an accident then it becomes Impossble for him to perform the contract. So it's hard to legally get out of the contract unless there is a new and different agreement to rescind or modify the contract. Which as well all know here Happens in boxing everyday. Usually it involves payment of step aside money.

          Rematch clauses are ususally elective clauses whereby one fighter has the option to enforce a Rematch if they lose. But we must see the actual language of the clause. We really see the fighter contracts so it's hard to analyze these situations.

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          • Don Pichardo
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            #75
            Originally posted by .:: JSFD26 ::.
            I think it would have to be HBO or promoter to have such contract. Only reason the WBC is involved in this is cause Cotto has the belt. The WBC cant make a contract saying "you have to such and such even if you dont have our belt." That'd be going against their promoters and network.

            This is just my opinion tho. Since Idk all the ins and outs.
            That's the difficulty in talking about all these agreements. All they do is talk. We never see all the contracts involved. So we can't know all the in and outs.

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            • aldo5408
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              #76
              Originally posted by jorgepichardojr
              Can't compare Apples to oranges. We mucst look at the actual language of the terms agreed to. lets say cotto signed a deal that he promises to fight ggg after he fights Canelo and pays ggg for that privilege. Failure to fight ggg after he fights Canelo results in breach of contract. Depending on the contract the courts could force cotto to fight or, more likely, make him pay for his breach. The only way cotto gets out of having to fight or pay for his breach if it becomes impossible for cotto to fight ggg. Retirement does not constitute impossibility. If cotto losses both legs In an accident then it becomes Impossble for him to perform the contract. So it's hard to legally get out of the contract unless there is a new and different agreement to rescind or modify the contract. Which as well all know here Happens in boxing everyday. Usually it involves payment of step aside money.

              Rematch clauses are ususally elective clauses whereby one fighter has the option to enforce a Rematch if they lose. But we must see the actual language of the clause. We really see the fighter contracts so it's hard to analyze these situations.
              I think the deal is probably going to say he mus face ggg next or be stripped

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              • Barcham
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                #77
                Originally posted by aldo5408
                I think the deal is probably going to say he mus face ggg next or be stripped
                I think the agreement must be a little more involved than that. Both Cotto and Canelo have refused to sign it so far and to me that indicates that it is more than a simple 'Winner must fight or be stripped' kind of deal. There must be significant penalties involved for not going through with the fight. If not, why would either fighter refuse to sign it since they both claim that they would be willing to fight GGG next?

                There is no logical reason that a step aside deal has not already been taken care of at this point other than neither fighter really intends to fight GGG next and wants a way out that costs them very little. But if they really do intend to fight him, they should have no problems signing the agreement - no matter what the terms may be.

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                • Don Pichardo
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                  #78
                  Originally posted by aldo5408
                  I think the deal is probably going to say he mus face ggg next or be stripped
                  Probably. I wish this was public record. So that we don't drive ourselves crazy with speculation

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                  • icha
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                    #79
                    Originally posted by Barcham
                    I think the agreement must be a little more involved than that. Both Cotto and Canelo have refused to sign it so far and to me that indicates that it is more than a simple 'Winner must fight or be stripped' kind of deal. There must be significant penalties involved for not going through with the fight. If not, why would either fighter refuse to sign it since they both claim that they would be willing to fight GGG next?

                    There is no logical reason that a step aside deal has not already been taken care of at this point other than neither fighter really intends to fight GGG next and wants a way out that costs them very little. But if they really do intend to fight him, they should have no problems signing the agreement - no matter what the terms may be.
                    this is where i see the problem, i really doubt both fighters(cotto-canelo) will allow anybody to dictate terms on their future (unless you are floyd)...
                    depending on what ggg demands, he might end up getting nothing but a belt, but no ppv fight or big name on his resume... if he is only about the belts then good for him, he could actually make demands, but if he is after a big fight he will have to be careful on what he demands...
                    its going to be fun to see what the wbc does after cotto-canelo finalize the deal...
                    by the way it will be nice to know if gggs team actually sent the agreement to both fighters already, and to find out also what are the main stipulations ...

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                    • Bardock
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                      #80
                      Originally posted by mathed
                      Canelo beats em both.
                      That's right son!

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