Comments Thread For: Judge Rules Against Golden Boy in Its Lawsuit Against Al Haymon

[OnePunch]

No big mystery that Terry didn't post a shred of proof that Haymon is committing widespread fraud and ripping off all of his fighters.

Now he's harping on "profit sharing" as if main event HBO & UFC fighters aren't regularly paid above the guarantee filed with the commission . . .

"Post-event profit sharing. Just when you think you've heard it all LOLOL"

Guess Terry has never heard of a PPV upside . . .

"GREAT business model LOL"

Haymon's got a billion dollars to play with, Terry lives in his sister's basement because he lost so much money as a promoter.

Let's call a spade a spade. Terry is a failed promoter, who knew nothing about the business, and everybody here in Florida fleeced him and treated him like the money mark that he is. I used to go to his shows. Everybody would laugh at him behind his back.

But now that he's a broke money mark, nobody will give him the time of day. He's sad and lonely, so he lashes out. Terry is the boxing equivalent of a 9/11 truther.

Terry has publicly accused Haymon of skimming from his fighters, stealing the international broadcast license fees, the master rights, etc with no proof whatsoever.

He admits he's read several Haymon contracts, yet he still has zero proof and zero evidence that Haymon is violating the Ali act. Think about that. Hasn't been able to mention a single thing in the contract that supports his position.

Terry is the one making the claim that Haymon is double dipping and ripping off all of his fighters. The burden is on him to back up the claim in someway. Something. Anything. Anything to support his position.

But he's got nothing. Because he's a loser inventing conspiracy theories to make himself feel better about throwing away his life's savings financing failed boxing cards.

Hey genius, you only need to read YOUR OWN POSTS to see what you have already acknowledged.

Lets recap, shall we?

So far, you have acknowledged that:

1. Haymon, not the "promoter", negotiates all the commercial / advertising sales to Corona, Ford, etc, and then tells the "promoter" how much ad money the event generated

2. Haymon, not the "promoter", negotiates the broadcast rights fees with Showtime and Spike, and tells the "promoter" how much broadcast money the event generated.

3. Haymon tells the "promoter" what the "promoters" salary will be for the event.

4. After Haymon tells the "promoter" what his event budget is, he then "negotiates" each fighters purse with the "promoter" (who is actually his employee)

5. Haymon agrees to cover all losses the event might generate. This act alone establishes a "financial interest" in the event.

6. If the event ends up profitable, Haymon, out of the kindness of his heart (because he is NOT contractually obligated to), disburses every penny of said profit out to the fighters, despite not a shred of evidence in the depositions, or in media reports to back this statement up. But lets go with it anyways. The BIG problem with this is that if you acknowledge that he does this, then you are acknowledging that the profit is his in the first place, to disburse as he sees fit. Yeah, oops. You should have thought that one through a bit before running your mouth.

So you have already acknowledged all of these acts, yet you cannot grasp the idea that this model just might run afoul of the Ali Act.

Face it, your nothing but a shill. You try and take shots at me because I spent a couple of hundred grand over a DECADE? Dude thats like 20 grand a year, barely a little more than a car payment. So laugh it up. But I'm the guy who does pretty much whatever I feel like doing every day, and you're the guy who had to change his screen name for fear of a customer recognizing you, and you go around shilling for a guy hoping you can rattle your tin cup loud enough to get his attention (and maybe a shiny nickel or 2, and a pat on the head). I guess it hasnt worked yet. lol

It is mildly amusing though.

Carry on!

[original zero]

I know he's annoying guys, but I feel bad for Terry. He wasted HUNDREDS OF THOUSANDS OF DOLLARS so he could pretend to be a boxing promoter and now all he has to show for it is getting to act like a big shot on a message board. But he's so delusional that everybody is laughing at him and he doesn't get to act like a big shot anymore.

It doesn't even really matter what you write, because everything goes through his bizarro conspiracy nutjob filter and the words he ends up reading are not the words you actually wrote.

It's explained over and over that the hired promoters are reimbursed for expenses, but because Terry is a lunatic, his brain processes those words to mean that Haymon is responsible if an event loses money. Wrong. Nobody ever said that and that's not what the words mean.

Terry keeps ranting about Haymon giving away money out of the kindness of his heart even though nobody ever said that and that's not what the words mean.

Haymon is a manager. He negotiates the most revenue possible for his fighters and then he takes a cut of the money. The profit is not "his" and he's not "giving" it to anybody. He's a manager. The revenue belongs to the fighters and they pay him a commission. Very very simple stuff.

43 pages in and Terry still refuses to post any proof Haymon is violating the Ali act. He's a sad delusional man who wasted HUNDREDS OF THOUSANDS OF DOLLARS because he wanted people to like him, and instead, they thought he was a joke.

Because that's all he is. A joke. Posting like he's some business expert when he lost his ass and was a complete failure. The only thing he knows about the boxing biz is how to piss away a bunch of money and have nothing to show for it.

So if it helps him sleep at night to pretend Haymon is ripping off all of his fighters, secretly operating as a promoter and stealing money from all of them, so be it. I hope he sleeps well. But personally I'd sleep a lot better if I wasn't a ****ing idiot who wasted a ton of money so I could cosplay as a boxing promoter.

[OnePunch]

It's explained over and over that the hired promoters are reimbursed for expenses, but because Terry is a lunatic, his brain processes those words to mean that Haymon is responsible if an event loses money. Wrong. Nobody ever said that and that's not what the words mean.

Hey dummy, are you even reading what you are writing?

If the "promoter" is paid a flat fee from Haymon, and is reimbursed for any expenses (by Haymon), then if the event suffers a loss, uhmmm ,who actually is the one absorbing that loss? Wouldnt that be Haymon? Or does a genie pop out of a bottle and make the losses disappear?

this is just too funny. It really IS a good thing that none of your customers can recognize you now with your new screen name. Because if they could, I would suspect you would have an awful lot of free time on your hands in the near future........lol

[original zero]

If the "promoter" is paid a flat fee from Haymon, and is reimbursed for any expenses (by Haymon), then if the event suffers a loss, uhmmm ,who actually is the one absorbing that loss? Wouldnt that be Haymon? Or does a genie pop out of a bottle and make the losses disappear?

Already been explained over and over. Promoter has a cap on how much he can profit from the event. He is paid a fee up front to cover some expenses, like marketing costs, but his profit is not paid up front and depends on the success of the event. Which is why it's more complicated than simply saying the promoter gets a flat fee. If the event does as well as expected, it's essentially a flat fee as his profit is limited to ensure the bulk of revenue goes to the fighters.

If the event suffers a loss, the promoter is on the hook. Promoter is not reimbursed for a money losing promotion. He's reimbursed if certain expenses exceeded estimates.

Page after page, it becomes more and more clear that you have NO IDEA how Haymon operates. You have your personal conspiracy theory, which happens to be completely off base, but you choose to stick with it even though you have no proof and no evidence.

There are no facts to support your position. Period. But we do know that you lost HUNDREDS OF THOUSANDS OF DOLLARS and have absolutely nothing to show for it.

Hate hate hate, jealousy is a ***** ***** trait. You should be ashamed.

[OnePunch]

Already been explained over and over. Promoter has a cap on how much he can profit from the event. He is paid a fee up front to cover some expenses, like marketing costs, but his profit is not paid up front and depends on the success of the event. Which is why it's more complicated than simply saying the promoter gets a flat fee. If the event does as well as expected, it's essentially a flat fee as his profit is limited to ensure the bulk of revenue goes to the fighters.

If the event suffers a loss, the promoter is on the hook. Promoter is not reimbursed for a money losing promotion. He's reimbursed if certain expenses exceeded estimates.

Page after page, it becomes more and more clear that you have NO IDEA how Haymon operates. You have your personal conspiracy theory, which happens to be completely off base, but you choose to stick with it even though you have no proof and no evidence.

There are no facts to support your position. Period. But we do know that you lost HUNDREDS OF THOUSANDS OF DOLLARS and have absolutely nothing to show for it.

Hate hate hate, jealousy is a ***** ***** trait. You should be ashamed.

this is an absolute LIE. 10000% falsehood. Pulled right out of your arse.

You cannot name a SINGLE promotion where the so-called "promoter" personally took a loss.

[original zero]

You cannot name a SINGLE promotion where the so-called "promoter" personally took a loss.

And how often do promoters take a loss on HBO World Championship Boxing?

I'll wait.

Page after page goes by. Still no proof from you that Haymon is violating the Ali act. Only your imagined fantasy of what is going on because you're on the outside looking in and have no idea what's going on.

You've seen several Al Haymon managerial contracts. Tell us one thing that's in the contract that violates the Ali act. You can't.

[OnePunch]

And how often do promoters take a loss on HBO World Championship Boxing?

I'll wait.

Page after page goes by. Still no proof from you that Haymon is violating the Ali act. Only your imagined fantasy of what is going on because you're on the outside looking in and have no idea what's going on.

You've seen several Al Haymon managerial contracts. Tell us one thing that's in the contract that violates the Ali act. You can't.

WTF has THAT got to do with the price of eggs? PBC events arent on HBO World Championship Boxing. But no surprise at all that you couldnt name a SINGLE EVENT where a pbc promoter lost their own money. And thats because THERE ISNT ONE, because Haymon absorbs the losses. And if he didnt, then please explain where most of the Waddell money went, because the time buys themselves costed less than $50 million. But you cant. All you can do is make personal insults instead, which is fine.

And still more deflection from you, trying to insert Haymons fighter contracts into this discussion, as if they have anything to do with it. The issue here is not the fighter contracts (they are perfectly fine), the issue here is Haymon functioning in the role of the "promoter", and having a financial interest in the promotion. The law says a "manager" cant do that. THAT is the issue. That is the ONLY issue. And the only person here who has used words like "embezzling", "stealing", "skimming", etc, is YOU.

[original zero]

WTF has THAT got to do with the price of eggs? PBC events arent on HBO World Championship Boxing. But no surprise at all that you couldnt name a SINGLE EVENT where a pbc promoter lost their own money. And thats because THERE ISNT ONE, because Haymon absorbs the losses.

Promoters of Showtime events don't lose money because it's easy to figure out a rough estimate of revenue and plan accordingly. No different than HBO promoters. I pointed out that you couldn't name many HBO World Championship Boxing telecasts where the promoter lost money to show that it's very rare for promoters of top tier premium cable events to lose money. So promoter X not losing money is not proof that manager Y absorbed any losses. Correlation does not imply causation. If you weren't so insanely biased, you would have easily seen what it had to do with the price of eggs. You seriously need mental help. You're traumatized from losing hundreds of thousands of dollars and you're misdirecting your anger at Al Haymon.

And if he didnt, then please explain where most of the Waddell money went, because the time buys themselves costed less than $50 million. But you cant. All you can do is make personal insults instead, which is fine.

They don't want the W&R money to be found because they don't want to give it back. The losses have been grossly exaggerated. PBC has plenty of funding for years to come. It was only a few months ago that everybody was saying PBC is dead. You guys have absolutely no idea what you're talking about.

And still more deflection from you, trying to insert Haymons fighter contracts into this discussion, as if they have anything to do with it. The issue here is not the fighter contracts (they are perfectly fine), the issue here is Haymon functioning in the role of the "promoter", and having a financial interest in the promotion.

I'm not deflecting anything. You're just so insanely biased that you don't realize how silly you look when you're asked to put the shoe on the other foot. You've dropped incredible gems like "show proof or shut the **** up," and yet page after page, you continue to refuse to offer any proof that Haymon is violating the Ali act. So be a man, be honest, and admit it's just your personal conspiracy theory that you have no evidence to support.

The law says a "manager" cant do that. THAT is the issue. That is the ONLY issue. And the only person here who has used words like "embezzling", "stealing", "skimming", etc, is YOU.

You're just not intelligent enough to understand the meaning of the words you're using. You have no understanding of business and your own boxing endeavors, by your own admission, were colossal failures. You're a pretender who lost hundreds of thousands of dollars so you could play make believe promoter.

You admit Haymon's contracts are kosher. But what you're accusing him of is serious and blatant fraud. You're accusing him of keeping revenue for himself that as a manager it would be illegal for him to keep. Of course, you have no proof or evidence. It's just your tin foil hat conspiracy theory that you pulled out of your ass.

Just because you aren't using the words stealing/skimming/etc doesn't mean that isn't what you're accusing him of. Just shows how nuts you are. You make these incredibly serious false accusations and don't even fully understand what you're accusing him of.

[OnePunch]

Promoters of Showtime events don't lose money because it's easy to figure out a rough estimate of revenue and plan accordingly. No different than HBO promoters. I pointed out that you couldn't name many HBO World Championship Boxing telecasts where the promoter lost money to show that it's very rare for promoters of top tier premium cable events to lose money. So promoter X not losing money is not proof that manager Y absorbed any losses. Correlation does not imply causation. If you weren't so insanely biased, you would have easily seen what it had to do with the price of eggs. You seriously need mental help. You're traumatized from losing hundreds of thousands of dollars and you're misdirecting your anger at Al Haymon.




They don't want the W&R money to be found because they don't want to give it back. The losses have been grossly exaggerated. PBC has plenty of funding for years to come. It was only a few months ago that everybody was saying PBC is dead. You guys have absolutely no idea what you're talking about.




I'm not deflecting anything. You're just so insanely biased that you don't realize how silly you look when you're asked to put the shoe on the other foot. You've dropped incredible gems like "show proof or shut the **** up," and yet page after page, you continue to refuse to offer any proof that Haymon is violating the Ali act. So be a man, be honest, and admit it's just your personal conspiracy theory that you have no evidence to support.




You're just not intelligent enough to understand the meaning of the words you're using. You have no understanding of business and your own boxing endeavors, by your own admission, were colossal failures. You're a pretender who lost hundreds of thousands of dollars so you could play make believe promoter.

You admit Haymon's contracts are kosher. But what you're accusing him of is serious and blatant fraud. You're accusing him of keeping revenue for himself that as a manager it would be illegal for him to keep. Of course, you have no proof or evidence. It's just your tin foil hat conspiracy theory that you pulled out of your ass.

Just because you aren't using the words stealing/skimming/etc doesn't mean that isn't what you're accusing him of. Just shows how nuts you are. You make these incredibly serious false accusations and don't even fully understand what you're accusing him of.

whatever dude. Youre a nobody. You have always been a nobody. And you will always be a nobody in the future, because you think you are more accomplished than you actually are. "Original Zero" is probably a good name for you, as it is an accurate portrayal of your accomplishments in the industry. Mr. Internet Forum big shot. Has to hide in anonymity so nobody knows what a true loser you are. I have NEVER been ashamed of who I am. One day you might feel the same. Tell us all again about all your big time business deals. lol assclown.

Im retired, so I have plenty of time to sit here and talk smack. But I thought you were supposed to be some big shot busy making big time deals?

All your knob shining of Haymon and he still hasnt given you a shiny quarter or a staff position yet.

Keep at it though. You might get there one day clown......

[original zero]

notice folks that terry was forced to ignore all of my points. his argument has no merit. his wackadoodle conspiracy theory has no supporting proof or evidence.

terry is accusing haymon of the widespread massive defrauding of hundreds of fighters, based on nothing other than his self authored fan fiction. the facts do not support his position. he's just forced to live in this fantasy world to help cope with the fact that he lost hundreds of thousands of dollars pretending to be in the boxing business and now has to post his sob stories from his sister's basement.

very sad.