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Comments Thread For: All-Star Awarded $8.5 Mill in Canelo Case; Golden Boy Exonerated

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  • #11
    Canelo/GBP got off easy.

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    • #12
      HAHA! They thought they were gonna get a Hulk Hogan CRAZY number.

      $8.5 is VERY fair.

      Oscar did it again...He's now 40-6 with 31 KO's

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      • #13
        Originally posted by Redd Foxx View Post
        I dunno, they got less than 1/3 of what they were asking for so I don't think he would have done any better settling. Plus, settling sets a bad precedent, invites more litigation.
        About 95-98% of cases settle. Mad men go to trial or if your back is against the wall. That's my experience. The risk of the unknown is too great. Jury's are usually all over the place.

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        • #14
          I kinda hoped that AllStar would win this for over $30Mil to force Canelo into the GGG fight so GoldenBoy could recoup their loss. I guess we'll have to wait til next year.

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          • #15
            Originally posted by Kagami Taiga View Post
            Should have settled. Oscar...smh.
            Why??? Oscar won! Canelo is the one who has to pay the $8.5 million. The jury even said All Star and Canelo did not have a contract.

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            • #16
              Shocked that is was only 8.5. Canelo/Oscar got off easy.

              Now it's back to business for Golden Boy Promotions and Canelo. Let's get some cards scheduled and fights made.

              Don't appeal just pay the money and move on. This was just a blimp on the radar.

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              • #17
                what a bizarre ruling.

                If they are letting GBP off the hook because "there was no contract", then why does Canelo owe $8.5 million for breaching a contract that supposedly doesnt exist?

                And if the found Canelo did in fact breach a contract and had to pay $8.5 million, then how is it that Golden Boy didnt "interfere" with said contract?


                The 2 rulings seem to be in conflict with each other........

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                • #18
                  Originally posted by Mr.Fantastic View Post
                  Canelo/GBP got off easy.
                  I agree! They should just pay the $$ and move on.

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                  • #19
                    Originally posted by OnePunch View Post
                    what a bizarre ruling.

                    If they are letting GBP off the hook because "there was no contract", then why does Canelo owe $8.5 million for breaching a contract that supposedly doesnt exist?

                    And if the found Canelo did in fact breach a contract and had to pay $8.5 million, then how is it that Golden Boy didnt "interfere" with said contract?


                    The 2 rulings seem to be in conflict with each other........
                    I don't understand that all??? I guess they said All-Star "Laid the ground work" for Canelo to be a star and deserve a "Finders" fee I guess??? Very confusing.

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                    • #20
                      So now we know why they actually took it to court. Jury decides that GBP isn't liable for the situation and that the contract was bogus. What they did rule was that Allstar put Alvarez in position to earn the big bucks as a result of the bogus contract. Alvarez will now appeal and get the dollar amount to a lower amount.

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