Comments Thread For: Povetkin's Promoter Eyes New Wilder Date Before Year's End
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Is there any reason not to believe this isn't the same case with the Wilder-Povotkin contract? Is something like this not standard? I would think Wilder's team wouldn't threaten to sue if they didn't have a provision like that.Comment
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A little bit different of a legal argument as it pertains to the King deal. In that instance, King was sued for breaching a "provision of services" agreement, which has a different legal structure. In this case (depending on the WBC ruling) it is simply a "postponement", which may or may not constitute a breach depending on the bout contract language......
But should the bout ultimately not be rescheduled, Wilder should certainly be entitled to recoup some of the promoter deposit that Rybinski deposited with the WBC if they cancel the fight and declare Rybinski in default
2.19 Promoter’s Deposit after Winning Purse Offer. Unless otherwise permitted by the WBC in its sole discretion, the promoter who wins a purse offer must, within ten (10) calendar days after the purse offer ceremony or as otherwise ordered by the WBC, deposit with the WBC ten percent (10%) of the total amount of the winning offer. If such 10% deposit is not made by the winning promoter as required, the WBC may in its discretion deem that the promoter has forfeited his right to promote the bout, which the WBC may then grant to the second highest bidder.
The balance of the deposit will be returned or credited to the promoter upon or following the payment and/or deduction of all applicable sanction fees at the time of the title bout. In the event after paying the deposit the promoter does not promote the bout according to the terms of the winning bid, the WBC may, in its sole discretion, order that the promoter has forfeited such deposit, which the WBC may in its discretion then distribute to the boxers in accordance with the purse split, and/or retain as a penalty.
As much as I disagree with Povetkin not being suspended, Team Wilder should be happy that a $5m payday is still an option to him... and they have the leverage now to demand very strict testing.Comment
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And I'm sure that after King got sued, everyone that uses "Provision of Services" agreements updated theirs to insulate themselves in situations like a failed blood test. The issue had never really came up before in that manner, so unfortunately for Don he was the first one lolLast edited by OnePunch; 05-21-2016, 12:53 PM.Comment
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1)Alexander Povetkin should be suspended from boxing.
2)No one should fault Wilder if he decided not to fight Povetkin at ALL/EVER. He is clearly taking illegal substances.
3)Alexander Povetkin should be suspended from boxing but his manager is attempting to push for a fight later this year?
4)If Wilder was caught using illegal substances, he would be fined, stripped and suspended from the sport. The entire sport of boxing would discredit all of his prior wins as well. I guess Alexander Povetkin gets a pass.Comment
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Both good points. That would speed up the investigation. And they could also release the results proving it was on .070 nanowioehfasnsipamssss since no one has confirmed if that's true or not. The only person saying that is his promoter.Comment
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The promoter can be trusted doe.... His word for his fighter is concrete evidence was only .0000070 nanogramsComment
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