Comments Thread For: Mikey Garcia: I Fought Top Rank To The End - They Surrendered

[The Big Dunn]

LOL he beat the dog **** out of Salido get the fck out

We live in a world where a guy can get his ass beat round after round but his fans think he won because he landed the hardest punch of the fight.

[Irony123]

What do you do professionally?

Have you ever signed a contract and wanted to re negotiate terms or get a better deal i.e have you ever redone your mortgage?

Why aren't fighters allowed to seek the best deal for themselves?

I am a compliance officer (professionally)

of course i would want to renegotiate, that the other party does and if they don't then i finish my contract or i pay the price/penalty just like you do with a mortgage.

Usually contract renegotiation work if both sides benefit...it isn't 1 side giving up more because you think you deserve it. I would understand if promotion companies didn't invest in their fighters, but they do and it costs them money so a multi fight contract is just as risky to the fighter as it is to the promoter. Would a promoter renegotiate their contract on fight 2 if they feel that the fighter is no longer worth what they agreed to pay them over a 5 fight deal? probably not, and if they tried they would get sued for it.

don't get me wrong promoters are in the wrong a lot of the time and i am not taking their side i just find that fighters can change their mind on a whim if someone whispers in their ear where they think they might be worth more than they get etc... you signed a contract... finish it up its not the end of the world if you make 1.5 million vs. 2.5 million

[Irony123]

Never heard of any fight offered to Mikey without extension. Big or small

Dont know about pay and dont care but he didnt like contract and wanted out. Offered to fight it out to finish it off and they said no and shelved him.

Thats what i know about it.

I am pretty sure that is illegal (as far as contrasts go), however i don't know the specifics and what was talked about behind closed doors. And if a contract was set up that poorly then i am surprised the court system didn't null and void the contract... i am almost sure it is against the Ali act but i don't know enough about the Ali act to pin point a clause that would say that.

[The Big Dunn]

I am a compliance officer (professionally)

of course i would want to renegotiate, that the other party does and if they don't then i finish my contract or i pay the price/penalty just like you do with a mortgage.

Usually contract renegotiation work if both sides benefit...it isn't 1 side giving up more because you think you deserve it. I would understand if promotion companies didn't invest in their fighters, but they do and it costs them money so a multi fight contract is just as risky to the fighter as it is to the promoter. Would a promoter renegotiate their contract on fight 2 if they feel that the fighter is no longer worth what they agreed to pay them over a 5 fight deal? probably not, and if they tried they would get sued for it.

don't get me wrong promoters are in the wrong a lot of the time and i am not taking their side i just find that fighters can change their mind on a whim if someone whispers in their ear where they think they might be worth more than they get etc... you signed a contract... finish it up its not the end of the world if you make 1.5 million vs. 2.5 million

ok.

I see it differently. Promoters can drop a boxer any time they want (see rigo). Promoters only ride a boxer until he can no longer make money. I don't think it's wrong if a boxer wants to finish out his deal and then go out on his own.

Arum however makes getting the most lucrative fight a condition of signing an extension. If you work hard and fulfill all your contract requirements and then you want out, there isn't anything wrrong with that.

[Fetta]

I am pretty sure that is illegal (as far as contrasts go), however i don't know the specifics and what was talked about behind closed doors. And if a contract was set up that poorly then i am surprised the court system didn't null and void the contract... i am almost sure it is against the Ali act but i don't know enough about the Ali act to pin point a clause that would say that.

Hence the lawsuit.

How many fighters have tried to leave Arum claiming the contract was up but for some reason TR finds something in that contract to keep them.

Arum is a snake but a very smart snake

[Irony123]

ok.

I see it differently. Promoters can drop a boxer any time they want (see rigo). Promoters only ride a boxer until he can no longer make money. I don't think it's wrong if a boxer wants to finish out his deal and then go out on his own.

Arum however makes getting the most lucrative fight a condition of signing an extension. If you work hard and fulfill all your contract requirements and then you want out, there isn't anything wrrong with that.

In that case the contract is too one sided and fighters would need to try and negotiate the contract better. Promotors can drop fighters but only if contract allows, if not then they would get sued i'd imagine. Though i do feel for the fighters because they get into the contract when they are the little guy and unknown and thus have a disadvantage at the signing table but as they become more known they do have a lot more wiggle room and when a contract is up for renewal they can negotiate better terms...

Rigo is a damn good fighter but at the end of the day it isn't about how good you are... it is about how profitable you are. Rigo wasn't profitable, as a business owner i probably wouldn't want to sign him up if i am losing money and even though you can blame me for not keeping one of the best p4p fighters i ultimately have to think about the bottom line.

[Irony123]

Hence the lawsuit.

How many fighters have tried to leave Arum claiming the contract was up but for some reason TR finds something in that contract to keep them.

Arum is a snake but a very smart snake

i don't doubt it, but i am sure his contracts are in compliance with the Ali act or otherwise he wouldn't have been in business for so long or be considered one of the most successful promoters of all time.

A lot of guys successfully left him... though i am sure it wasn't as easy as saying "I quit". At least he isn't as bad as Don King... or a few other promoters who I've heard horror stories about.

[brettWall]

I take it from his own brother Robert. I remember an article saying he's pissed at Ariza for screwing up his kid brother's career. Ariza hates Arum like he's the devil reincarnate. Go figure.

[Bardock]

We live in a world where a guy can get his ass beat round after round but his fans think he won because he landed the hardest punch of the fight.

lol I hate NSB sometimes

[elgu]

Mikey has even less of an argument because he's not a young poor kid who got duped into a bad contract and knew nothing about the business. He comes from a famous family full of professional boxers and world class trainers who have all been around the park and back with contracts had access to top lawyers to read over the contract because of his family. They knew what was in the contract and at the time it was great for Mikey he was one of the highest and most overpaid young fighters/prospect in the game. His purses were bigger then most fighters his exposure on big undercards and prime cable dates was almost unmatched in boxing. He was not being paid peanuts far from it and for the first 5 years of his career he was actually grossly overpaid based on the revenue he brought in as a fighter. This is not about him being tricked into a bad contract because he was poor and couldn't read. lol

he saw the money shift that was going on with haymon fighters and what they were getting for fighting cab drivers and he wanted that money too as he was out the door trying to sign with haymon. Over 2 years ago rumors swirl he and Chavez are signing with Haymon all a sudden both have beef over money with Arum and this saga all started. Haymon made a power move to steal away Chavez and Mikey I think both ended up backfiring. Chavez is ruined and Mikey lost over 2 years of his prime.

They want the big bucks fighting cab drivers, the Haymon way. It's pathetic. In all other sports the best face the best and thnaks to Haymon we need to deal with these divas.