Originally posted by icha
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Comments Thread For: All-Star Awarded $8.5 Mill in Canelo Case; Golden Boy Exonerated
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The whole Extension after becoming champion probably did them in.....isn't that against the Ali act?...GBP wins, Canelo loses.
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Originally posted by Shadoww702 View PostWhy??? 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.
The jury didn't say that. Golden Boy's promoter said that. IF All--Star didn't have a contract with Alvarez, the jury would not have awarded All-Star a dime. They awarded them $8.5 million because Alvarez broke the contract and profited from the breaking of the contract.
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Originally posted by big_james10 View Post[/B]The jury didn't say that. Golden Boy's promoter said that. IF All--Star didn't have a contract with Alvarez, the jury would not have awarded All-Star a dime. They awarded them $8.5 million because Alvarez broke the contract and profited from the breaking of the contract.
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Originally posted by Redd Foxx View PostCanelo got off easy. If he broke contact, they certainly lost out on more than 8.5mill.
I'd actually consider this a victory.
That's what I thought.
It coulda been real bad for Canelo and Hoya.
How the hell did GBP get 5% of Pac's future earnings when they sued Arum ?
That's not even half what he got paid for the Khan fight.
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Originally posted by LOCOMEX89 View PostShocked 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.
Originally posted by OnePunch View Postwhat 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........
All-Star's lawyer: "Maybe there was not a dead-on contract between them, but there was clearly a relationship that existed between Canelo and Zabala and the jury felt it necessary to compensate Zabala for what he did for launching Canelo's career in the United States," Alex Brito, Zabala's attorney, told ESPN.com. "The jury made a determination of what the value was for what Tutico did for Canelo when he was starting off as a professional in the United States."
Zapata: "I'm very happy. This case was about dignity and to create a precedent in the sport. I did it for my father's legacy, for my son who is coming up in the business, and for all promoters. This is a very momentous moment in my company's and family's history, and bottom line: We won an $8.5 million dollar verdict against Canelo Alvarez."
This may have been the way the jury saw it, but IMO it's still b.s. The jury should have nullified (if they could) Zapata's lawsuit because of him intentionally trying to trick Canelo with the contract extension written in English, and Zapata likely told Canelo it was just a visa application. Canelo's only mistake IMO was not getting an outside lawyer to look over the contract before signing it.
One thing wrong in the article. It says the Hatton fight was a 6th round KO win, when actually Canelo won by UD over 12.
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