Comments Thread For: Things Not Going Well For Canelo, Golden Boy in Ongoing Trial

[Beercules]

it wasn't in English doeeeeeeeeeeeeeeeeeeeeeee

[DannYankee]

If their the defense is going to solely rely on "I no speaky englich" then of course it's not going well.

[GGG Gloveking]

I guess the thought never crossed Sauls mind to ask his manager that also signed the contract, "¿Que significa esto?". I guess it also never crossed Sauls mind as he fought nine times for All Star over the course of the next year roughly that 'Hey, maybe I need a contract'.

I think its foolish of GBP to assert they were unaware of his contract status with All Star considering Canelo appeared on fights promoted by GBP and All Star. It makes them look very amateurish to think they could just basically ignore a contract and enter into their own agreement. They should have sought to have the contract dissolved before proceeding with their own agreement. I think it will end up being quite costly for Oscar in the end.

[Da Boxer]

Karma is a moda***a Canelito.

You was thinking that you was going to get another gift, cherry pick another fight, fight another lightweight, another duck!

Pay up moda***a!

[1bad65]

Looks like Richard Schaefer abandoned ship at just the right time.

[Scipio2009]

Any chance this loses Oscar so much money that he's forced to put Canelo in with GGG later this year to make the money back? Or will him losing a bunch of money just motivate him to protect Canelo even more, because he's his only cash maker, and try to marinate the fight with GGG to make it bigger?

Too bad Oscar doesn't get it, GGG-Canelo is just a stepping stone for GGG to get name recognition and move on to bigger things. It's not actually the fight. It's no grudge match. It's no style mystery. Everyone knows GGG is better, and if he does lose when they fight, everyone will know it was either because he was drained or got old. No one is ever actually going to think that prime GGG is not as good as Canelo at middleweight, so there's no mystery. With Floyd-Manny there was actually mystery and debate about who the better fighter was in their prime, plus Floyd was so unlikeable and so hard to hit, everyone wanted to see him against someone who would both humble him and actually hit him with hard fast shots. And they were the two fastest fighters on the planet, a laser show in the ring like we'd never seen before.

At least, that's what it would have been in their primes. Canelo-GGG has NONE of that. None. Some people dislike Canelo now but mostly everyone realizes he's just going to lose so his promoters are scared to put him in the ring. Which goes back to my original point. This is a nice fight, two action fighters, one a good fighter, one a great fighter, and it's purpose is to give an entertaining fight where GGG beats a big name and can go on to hopefully more challenging fights at 168 before he's too old, which it's basically already too late because they waited too long (which was by design by all the opponents ducking him. Once again the strategy works and the boxing media puts no pressure on the fighters. If they're not going to get punished for using this strategy they're just going to keep wasting away the primes of the sport's most promising knockout punchers and we will never get to see what could have been).

So GGG-Canelo should get over a million buys because GGG is boxing's new sensation, Canelo is Mexico's Orange Boy and top current fighter, and they have action styles, and they will promote it as boxing's next big fight and GGG's first fight against a star name. But it will never be Floyd-Manny or even Floyd-Canelo. It will never get that big. It's about as big as it's going to get I think.

But Oscar won't take no for an answer, he's going to marinate this as long as possible even if it's just to get an extra 5k buys. I hope if he loses this lawsuit that it pushes him to make the fight immediately, but I think more likely it will just make him even more protective of his cash cow.

try again, lol.

folks need to get over this "OMG Golovkin rbings so much value" nonsense

[muslimer12]

The law states if you don't have a certified interpreter a contract can be toss out I got my mom out a Car like that . I got a lawyer told him my mom doesn't read English he got her down payment back and $5000 extra for her

I dont know the details of your mothers legal case. But the law states you have a right to a certified interpreter, its Canelos fault that he did not seek one and signed a contract he couldnt read, also made it worse thae his manager signed it too. You cant just sign contracts in a different language than yours and break them and then just blame it on the language of the contract and think you will get off without consequence. You have the obligation to know what you are signing before you sign it.

[BennyBlanco]

The law states if you don't have a certified interpreter a contract can be toss out I got my mom out a Car like that . I got a lawyer told him my mom doesn't read English he got her down payment back and $5000 extra for her

That's only the law in certain states for certain consumer contracts, like buying a car or a washing machine.

Those types of laws don't typically apply to something like a boxing promotion contract.

[Scipio2009]

Ignorance of the law is not an excuse Fraudverez, sounds like Zabala has them...I hope so...the among + punitive could b over $100 M...hope so...

$27m, at three times damages, gets you just over $80m (which is the seemingly max civil payout for the case), but that's beyond the point; with Oscar De La Hoya solely owning over 90% of the stake in Golden Boy (with Bernard Hopkins at about a 5% stake in the company), a company that doesn't do massive promotional business in it's own right any longer, having to pay out anywhere near that much money would basically lead to the liquidation of Golden Boy Promotions (and likely a significant hit to the personal assets of the Golden Boy, if the law allows for such things).

[Scipio2009]

If dude can't read English & signed a document is that binding? I mean sure okay its f#cked up he signed something he can't read, but isn't there ways out of contracts you signed under false pretenses? I mean if thats legit what happened who f#cking knows, but it would seem like thats the defense they are using & as a cat not THAT knowledgeable about legalities like this it seems like its something that could win you some cases.

And hopefully Oscar wins or loses minimal money here cuz you know if this is a big L we will be for sure seeing a Oscar comeback cuz what choice does he have? Oscar vs Tito II coming to Barclays in Sept. 2017 folks lol.

I'm pretty sure that Saul Alvarez and camp ("Chepo" Reynoso looking after him) had someone present to translate things from English to Spanish for them, as the terms were being ticked through; you dig up the contract that Alvarez signed with Oscar and I doubt that you see a document written in Spanish.

Oscar's looking like he's set to take a massive L, will lose out on a ton of money, but the final result, i think, will end up a touch different than you're projecting.

All Star Boxing seems to have just got themselves a ticket onto the mainstage of smaller promotions, with Oscar De La Hoya seemingly positioned to be the figurehead of a promotional company where Felix Zabala Jr would have massive sway.

Whether Oscar has to step back into camp for a couple fights, three times damages has All Star Boxing in line for winning an $80m settlement; with Zabala Jr, for argument's sake, getting $20m in cash, how much of Golden Boy Promotions could Zabala take to have the other $60m go away?