Comments Thread For: Canelo, Golden Boy Dig in For Lengthy Court Battle With All-Star

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  • GGG Gloveking
    replied
    Originally posted by Shadoww702

    Plus how does it work going over other borders??? If he was a resident of Mexico and all that? Also if he didn't have an attorney could he get out of signing a 4 year contract when you barely turn 18?? Seems a little harsh with all the sharks out there ...I had a buddy get a 2nd DUI turned into a first because he didn't have legal council on the 1st.

    In the end it going to probably go down to who has better attorneys then who's right.
    It really doesnt matter so much where Alvarez was a resident or citizen as much as where the contract was originated. I believe All Star boxing is based out of FL, and therefore FL law would have jurisdiction. Canelo could possibly argue Mexican jurisdiction if (hypothetically) the contract was faxed to Mexico and signed in Mexico (or some other location).

    As far as your friend and his DUI, the issue there is the Constitutional provision of council. This protection only applies when jeopardy is attached (Baldwin v NY) Such protection is not afforded in contract law.

    Canelo and GBP need to show some compelling reason for termination of contract, such as an aggregious breach of contract. I would ask anyone that thinks this will be easy for Canelo to just look at how long Andre Ward had to battle in court to be released from Goosen

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  • Shadoww702
    replied
    Originally posted by Eff Pandas
    Honestly the more I actually think about this the less far fetched 180k sounds. I mean work out the math just with the likely purses along with this time in Canelo's career. They definitely had him fighting some solid opponents around this time if you look at Canelo's record. He was headlining or co-headlining all these club fights to TV caliber cards.

    I could easily see those purses in the $10k+ region per fight that could end up being $180k total for 9 fights. And there could have been other expenses like I mentioned with some monthly stipend that isn't unusual for prospects. Do the math. If we assume the purse average was ~$17k for those 9 fights + they gave him a 2k monthly stipend that covers the 180k over those 13 months.
    Yeah, I guess the math does check out?? I figured the most he was getting Was 2k a fight. But if he was headlining them and TV caliber cards I could see that much being spent? But if he was worth that much why wait two years to sue and get your money back? Isn't there like a statue of limitations on that?

    Plus how does it work going over other borders??? If he was a resident of Mexico and all that? Also if he didn't have an attorney could he get out of signing a 4 year contract when you barely turn 18?? Seems a little harsh with all the sharks out there ...I had a buddy get a 2nd DUI turned into a first because he didn't have legal council on the 1st.

    In the end it going to probably go down to who has better attorneys then who's right.

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  • Nightfall
    replied
    this will be used as another excuse to not fight lil g

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  • Eff Pandas
    replied
    Originally posted by Shadoww702
    180K in Mexico???? Good LORD!!! They could hire the best EVERYTHING...Cook's, trainers, women, anything.
    Originally posted by Shadoww702
    Thats like $14,000 a month!!! BS!! For an UNKNOWN up and comer. That right there would make me question their entire argument.
    Honestly the more I actually think about this the less far fetched 180k sounds. I mean work out the math just with the likely purses along with this time in Canelo's career. They definitely had him fighting some solid opponents around this time if you look at Canelo's record. He was headlining or co-headlining all these club fights to TV caliber cards.

    I could easily see those purses in the $10k+ region per fight that could end up being $180k total for 9 fights. And there could have been other expenses like I mentioned with some monthly stipend that isn't unusual for prospects. Do the math. If we assume the purse average was ~$17k for those 9 fights + they gave him a 2k monthly stipend that covers the 180k over those 13 months.

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  • sicko
    replied
    Will just have to wait and see how this plays out but wow they really have been dragging this thing for a couple of years

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  • ChiCityExtractz
    replied
    So my father's a very succesful attorney, worked along side Gloria alred and many other attornies. He looked into this one himself, he said and I quote "Good luck oscar". This one should really make the fight with GGG catch the mayweather pacquiao 6 year syndrome. It aint happenin.

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  • Shadoww702
    replied
    Thats like $14,000 a month!!! BS!! For an UNKNOWN up and comer. That right there would make me question their entire argument.

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  • Shadoww702
    replied
    Originally posted by Eff Pandas
    LOL yea I haven't even touched on that 180K thing it seems so outlandish.

    I guess I could speculate purses for 9 fights in Mexico(?) + a monthly stipend (assuming Canelo had one, which he may or may not have had) + paying for some training expenses, supplements or various expenses along these lines (assuming they covered that sorta stuff) + a new car or apt/house or some other big purchase(s) (that they may or may not have been made on Canelo's behalf) could add up to 180K in that period, but if that was the case do they just walk away for 2 years til they make a move on getting back their fighter + sizable investment in that fighter? I have a hard time buying that to be what most reasonable people would do.
    180K in Mexico???? Good LORD!!! They could hire the best EVERYTHING...Cook's, trainers, women, anything.

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  • otrocubiche
    replied
    if gb had settled this years ago, they would have paid just peanuts, now going to court-in Florida-they may get a shattering verdict if someone wants to make an example of them in respect to the validity of contracts in boxing

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  • The Problem Child
    replied
    I hope Oscar loses it and that he ends up with nothing and in jail. *crosses fingers*

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