Hyde: Rigo Destroyed Own Career..."Turned Down Many Multi-Million Dollar Offers"

[Marcov]

Rigo wasted his career IMO. The only name I remember he fought was Nonito. The rest are unrecognizable by boximng fans.

[hectari]

lol, do you really believe that?

Yeah, and some of Don Kings fighters used to have Carl King as their manager. Same thing.........

Also, have you ever read a Haymon contract? He decides EVERYTHING. What role would an additional "manager" have? He wouldnt even have the authority to order lunch

Haymon is a slick willy, swindler fellow, he hides in the shadows, and never does interviews.

He lets the fighters keep their managers, and uses the term ADVISOR, when its clear he acts as both manager and promoter. But he found a loophole that lets him get away with it.

In 2011 Haymon tired to defraud Beyonce:

The documents, which are available to the public, claim that Live Nation executive Faisel Duranni is serving as the president of Beyonce's management company, Parkwood Entertainment; that Live Nation has been successful in its effort to procure rights to a Beyonce world tour and recently paid her $4 million for unspecified reasons; and that "representatives of Live Nation suggested to Beyonce or her representatives that [Mathew Knowles] had conspired with one Al Haymon to defraud Beyonce."


Finally, the allegation that Knowles conspired with Haymon to defraud Beyonce is striking, to say the least. One of the most successful R&B promoters of all time, Haymon has a relationship with Live Nation dating back to the early days of concert-promoter consolidation. Under the SFX banner, Live Nation's previous incarnation acquired 51% of Al Haymon Enterprises in 1999, then made it a controlling interest in 2008, and in April of 2010 acquired the remaining 49% interest, according to SEC filings. Haymon has been active as a promoter within the Live Nation family, listed as co-promoter on Jay-Z tours and recently on Lil Wayne's "I Am Still Music" tour. The reclusive promoter rarely gives interviews and has always operated away from the spotlight, but according to sources, Haymon is still actively part of the Live Nation network of promoters. Thus, in effect, Knowles is saying Live Nation accused one of its own promoters of conspiring with Knowles in the alleged misdealings.

http://www.billboard.com/biz/article...-shed-light-on

[Vasyl’s dad]

Bernard Hopkins was quoted as saying, that out of $1million dollars to split in total for the Roy Jones Jr fight (1993), he saw $85,000 net. So yeah, it's important to point out what the fighter is actually going to get to understand why is he saying no to a certain purse.

You can't just say, oh $1.8 million for 3 fights, that's $1.8 million, that's a lot of money, why is he turning it down? Well i'm telling you one reason he's turning it down, because he's not actually going to see that much, he's going to see less than half of that. I'm sure if Rigo was getting $1.8 million dollars after taxes, manager fee, promoter fee, he'd take it. But that's not how it works, I think people have in there mind what $1.8 million dollar would be for them, what they'd do with it. But ignore that first you gotta some people and you gotta pay uncle sam and now suddenly you are not a millionaire, and if you have $500k of that consider yourself lucky.

So its just better to sit on the sidelines and not fight at all.
Smart move Rigo. Its really helped your case.

[OnePunch]

Haymon is a slick willy, swindler fellow, he hides in the shadows, and never does interviews.

He lets the fighters keep their managers, and uses the term ADVISOR, when its clear he acts as both manager and promoter. But he found a loophole that lets him get away with it.

In 2011 Haymon tired to defraud Beyonce:

The documents, which are available to the public, claim that Live Nation executive Faisel Duranni is serving as the president of Beyonce's management company, Parkwood Entertainment; that Live Nation has been successful in its effort to procure rights to a Beyonce world tour and recently paid her $4 million for unspecified reasons; and that "representatives of Live Nation suggested to Beyonce or her representatives that [Mathew Knowles] had conspired with one Al Haymon to defraud Beyonce."


Finally, the allegation that Knowles conspired with Haymon to defraud Beyonce is striking, to say the least. One of the most successful R&B promoters of all time, Haymon has a relationship with Live Nation dating back to the early days of concert-promoter consolidation. Under the SFX banner, Live Nation's previous incarnation acquired 51% of Al Haymon Enterprises in 1999, then made it a controlling interest in 2008, and in April of 2010 acquired the remaining 49% interest, according to SEC filings. Haymon has been active as a promoter within the Live Nation family, listed as co-promoter on Jay-Z tours and recently on Lil Wayne's "I Am Still Music" tour. The reclusive promoter rarely gives interviews and has always operated away from the spotlight, but according to sources, Haymon is still actively part of the Live Nation network of promoters. Thus, in effect, Knowles is saying Live Nation accused one of its own promoters of conspiring with Knowles in the alleged misdealings.

http://www.billboard.com/biz/article...-shed-light-on

Sooner or later its going to catch up with him. He can call himself a snake-charmer if he wants to, but the bottom line is that he is licensed as a "manager", and is bound by the laws that regulate "managers"

[hectari]

Not really. Maidana was financially compensated for those disadvantages. What would you advise him to do instead? Walk way from the biggest payday of his career?

Canelo isn't a Haymon guy and he dropped 2 pounds for Floyd because the incentive was worth it. Which is why GGG will go to 154 for Floyd only.

Everybody will ********** themselves to fight Mayweather Haymon or not and a competent manager would advise them to do so.

According to Robert Garcia you actually get paid more fighting Manny Pacquiao than Floyd, he said you have to take less because of how much Floyd is guaranteed apparently.

[i'm a fun haver]

Because they think they're too good to have to travel to Japan

That Amagasa fight was entertaining because Amagasa actually came to fight.
Thought Rigo might've been onto something good over there.

[killakali]

Bernard Hopkins was quoted as saying, that out of $1million dollars to split in total for the Roy Jones Jr fight (1993), he saw $85,000 net. So yeah, it's important to point out what the fighter is actually going to get to understand why is he saying no to a certain purse.

You can't just say, oh $1.8 million for 3 fights, that's $1.8 million, that's a lot of money, why is he turning it down? Well i'm telling you one reason he's turning it down, because he's not actually going to see that much, he's going to see less than half of that. I'm sure if Rigo was getting $1.8 million dollars after taxes, manager fee, promoter fee, he'd take it. But that's not how it works, I think people have in there mind what $1.8 million dollar would be for them, what they'd do with it. But ignore that first you gotta some people and you gotta pay uncle sam and now suddenly you are not a millionaire, and if you have $500k of that consider yourself lucky.

I hear what you are saying but again if your job pays you 50K a year and says you get 150k for three years. Taxes aren't even brought into it. It is something you have to pay.

As for Bernard, remember a lot of these guys take advances and thats why their checks are short.

Rigo's main problem is too many people with their hands in the cookie jar

[otrocubiche]

10% of something is a whole lot more than 100% of nothing, but rigo doesn't seem to be particular smart in his business decisions or the company he keeps.

[jqSide]

I'm just curious. Why is Fighthype not interested in Rigondeaux's case? They usually spend vast amounts of time interviewing everyone connected to such topic, ie, promoter vs boxer... Fans are wondering why Rigo can't get out of this situation he's in. Where is Fighthype?

[THE REED]

7 fights for 2 million is a multi million dollar offer... just for the record.

Statement is too vague.