Comments Thread For: Black Hitler - Boxing And The Anti-PBC Effect
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It was great for Oscar De La Hoya, and that's without much doubt (likely not so great for his ego, but that's business)
Oscar was the 65% owner of a promotional company that had near-exclusive access to the deepest stable of top-flight boxers on the planet, on a largely as-needed basis (without the promotional costs of guaranteeing fights).
You add that the talent situation also gave Oscar's company leverage in negotiating venue deals, while also giving them the in with Fox Sports, and it's beyond doubt that Golden Boy made out like bandits.
Oscar put his face on the imprint, put a trusted operator in place to run the operations, was only called upon to schmooze and smile for the final press obligations, and was then free to ruin his life while his money was put to work on his behalf.Comment
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Oscar continuing with his lawsuit has now exposed his company (of which he personally owns 95%) to a likely existential threat (namely, imo, the seemingly documentable proof that Golden Boy Promotions deliberately violated the Ali Act, specifically in their effort to dictate management options to fighters that they promoted).why would he? he already got between 10 and 15 mill from Haymon, in the first anti-trust lawsuit, now the review that came later states that the the second part of the lawsuit have all the merits to proceed, so I don't think Oscar is dropping Sh**t since Scumbag Schaefer and dirt bag Haymon kicked him while on the ground is more pay back good for Oscar.
The lawsuit is clearly showing itself to not really have any merit (GBP's new deal with ESPN2 openly countering Golden Boy's assertions that Haymon is freezing them out of TV opportunities), but this discovery phase is showing a lot of the shiestiness in the way that Oscar has run his business since taking over.
If you are a fighter who, after signing an exclusive deal with Golden Boy, saw your contract voided after a fight (with written documents that the basis for Golden Boy's decisions to void such deals being bull****), you've now got standing to take Golden Boy to court over your own deal.Comment
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Oscar continuing with his lawsuit has now exposed his company (of which he personally owns 95%) to a likely existential threat (namely, imo, the seemingly documentable proof that Golden Boy Promotions deliberately violated the Ali Act, specifically in their effort to dictate management options to fighters that they promoted).
The lawsuit is clearly showing itself to not really have any merit (GBP's new deal with ESPN2 openly countering Golden Boy's assertions that Haymon is freezing them out of TV opportunities), but this discovery phase is showing a lot of the shiestiness in the way that Oscar has run his business since taking over.
If you are a fighter who, after signing an exclusive deal with Golden Boy, saw your contract voided after a fight (with written documents that the basis for Golden Boy's decisions to void such deals being bull****), you've now got standing to take Golden Boy to court over your own deal.

Dropping hard knowledge as usual.Comment
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lol.
Showtime had 6 fights and 30 months with Floyd to make back ~$250m, and they blew that number out of the water; on just the Pacquiao fight alone, their share of the take was at least $150m. The Alvarez fight cleared $75m on PPV, the Maidana fights and the Guerrero fights likely cleared $100m, and the Berto fight likely ended up clearing $15m (and that's without counting the HD fee on the PPVs that Showtime had rights to keep).
Showtime needed to cover $250m on the deal, and they ended up with at least $350m. Nice tryComment
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Thread should have ended here.The racism is de****able and condemnation for it has not been anywhere near as heavy as it should have been.
On the broader point, a lot of people still refuse to accept that with the stable comes the responsibility. They have been happy to celebrate Haymon's takeover, but not acknowledge that with such control came the bulk of the responsibility for the boxing schedule.
A myth that must be dispelled; other promoters never received criticism for shi*ty matchmaking. This utterly untrue. If you want to criticise individual journalists for bias, that's one thing. But amongst the general fanbase Bob Arum was savaged for killing/delaying fights like JuanMa-Gamboa.
You can't criticise industry people for not making fights they can't make. You criticise them for what they could do but don't. Haymon is the sport's most powerful figure. 2014, 2015, and 2016 were three of the worst years for boxing that anyone can remember. Blame will fall at his door. That's how it works.Comment
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And where was elsewhere at the time?
And if Haymon withheld Mayweather from GBP cards, that also means no Canelo Alvarez on some of those Cinco De Mayo/Mexican Independence day cards....or the potential for an Alvarez fight and the 2.2 million PPV buys that would come with it.Comment
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lol
The deal is a two-year time buy on ESPN2, paid for by Alvarez's/Golden Boy's beer sponsor.
If you honestly think that ESPN has any plans with doing longterm business with an owner who has clearly destructive personal habits and a drug problem, you're a foolComment
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I completely understand what you're saying, and you are right. Both deserve blame. However, PBC fighters were getting wayyy overpaid for the quality of opponents they were up against. Maybe they didn't have much or maybe they did. but in the beginning they did not use it wisely... I think 2017 is going to be awesome for PBC and Showtime though. It's already off to a great start.How much money is available? Numbers have been thrown out but the fact of the matter is nobody knows. Even the writer who has been following the court case admitted he's not sure how much money they were given. If you want to talk about tons of money and networks available look at HBO's parent company, Time Warner. PBC doesn't have more money and channels than Time Warner. And this is an issue the writer talks about. HBO is given a pass while PBC is highly scrutinized.Comment
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