Remember Haymon & Schaefer supposedly tried to steal GBP from Oscar?
Collapse
-
-
THAT single point, if someone is really up to pushing things, is grounds for Oscar De La Hoya's whole company going under.This is no secret they wanted to buy him out because remember it was around the time he was checking into rehab yet again and yes that was BAD FOR BUSINESS so yes that is what Partners do they buy other Partners OUT if they're not holding up their end! But it was Oscar's name so can't blame him for refuse either!
But that provision of terminating contracts if a fighter loses a single match? WTF? That is TERRIBLE on GBP Part WTF is that?
Also them having to APPROVE who fighters pick as Representation as far as Managers or whoever? How is that not against the Ali Act?Comment
-
still, odd to hear Eric Gomez (Oscar's right hand, but a guy who seems to keep things pretty square) try to argue that the provision is in place to "protect the health of the fighter".Every promotional contract has that, and there's nothing wrong with it. The reality is that after a fighter takes a loss, depending on the nature of that loss, the economics of their fights changes, and their previous contract needs to be scrapped and re-negotiated.
Or do you think for example that Nicholas Walters purse minimums should stay the same as they were before the Lomo fight?
Then again, admitting that would make Golden Boy look real predatory (in a case where that's the charge that they're hoping to cast on Haymon)Comment
-
An arbitrator ruled that Golden boy needed to be fairly compensated for the fighters that were about to leave. Looking at it most of the fighters weren't even technically under his company at that point. The settlement was aimed at HOW Haymon had acquired the fighters. There's no way you can argue it was in the best interest of GB to have all their fighters on a fight by fight basis.Comment
-
No he couldn't... He was told by someone familiar with what was going on in his company, that Schaefer was NOT acting in his best interests, or the best interests in the company. If he had not stuck his nose in when he did, his whole company would have been stolen from right under him, and he would have received nothing.Yea he did, he could have kept letting Schaeffer run the show and not stuck his nose in, that was totally an option for him. They only offered to buy him out once he started wanting to run things his way and was interfering with plans they had already put in motion while Oscar was off doing god knows what.
Oscar ****ed them bad, and PBC would be years ahead of where they are now if Oscar has just played ball either way and he would have been in better position.
Once Oscar ****ed them they had to be done with Oscar because he could no longer be trusted, so they paid to have their guys released. That isn't stealing that is paying a fair rate also~ stealing would imply Haymon took them for nothing or at least pilfered them at a low rate that certainly was not the case.
This is a free country if you want to reject an offer for anything you have that right. Stealing is taking something that doesn't belong to you, whatever offer was made is completely irrelevant. A promotional companies value is in the fighters it has under contract. Haymon and Schaefer tried to literally steal all GB's fighters, in essence steal the whole company.Comment
-
It was Gomez, his childhood friend, whispering in his ear because he wanted Schaefer's job. And he got it.No he couldn't... He was told by someone familiar with what was going on in his company, that Schaefer was NOT acting in his best interests, or the best interests in the company. If he had not stuck his nose in when he did, his whole company would have been stolen from right under him, and he would have received nothing.
This is a free country if you want to reject an offer for anything you have that right. Stealing is taking something that doesn't belong to you, whatever offer was made is completely irrelevant. A promotional companies value is in the fighters it has under contract. Haymon and Schaefer tried to literally steal all GB's fighters, in essence steal the whole company.Comment
-
Comment
-
To me that all sounds like hearsay and something that Oscar would say when he wants to take over something that he put essentially no work in building up in many years. To me it sounds like the paranoid delusions of a ******* addict~No he couldn't... He was told by someone familiar with what was going on in his company, that Schaefer was NOT acting in his best interests, or the best interests in the company. If he had not stuck his nose in when he did, his whole company would have been stolen from right under him, and he would have received nothing.
This is a free country if you want to reject an offer for anything you have that right. Stealing is taking something that doesn't belong to you, whatever offer was made is completely irrelevant. A promotional companies value is in the fighters it has under contract. Haymon and Schaefer tried to literally steal all GB's fighters, in essence steal the whole company.
Stealing is taking not paying fair value for, and a promotional company is value is the shows it makes if it can make big shows that turn a profit it doesn't matter who is under contract as long as they are making money. Having contracts is a means to an end, not the means.
Here is the timeline
Oscar starts GBP when he is a fighter
Schaeffer brings in GBP to run day to day opperations
Oscar fights less and GBP has to diversify
Scheffer connects with Haymon when Floyd and Oscar fight
Haymon steers Floyd to GBP which benefits both parties
Oscar falls off
Schaeffer continues to build GBP using Floyd Haymon's main guy.
Haymon pushes more and more of his guys to GBP
Haymon and HBO have a falling out after Floyd dips on them
GBP shifts to Showtime
Oscar still nowhere to be found
GBP is becoming the predominate force in boxing
Oscar shows up and decides these guys are doing a bad job
Haymon and Schaeffer try to buy GBP which they put in a ton of time and effort
Oscar refuses and runs Schaeffer off
Haymon takes away the guys he steered there because Oscar was no longer to be trusted but pays fair value.
So my question is how can you say Oscar didn't **** over Schaeffer and Haymon? Or that he wasn't the cause of this whole situation.Comment
Comment