Comments Thread For: Haymon Legal Team Statement on Win in Golden Boy Lawsuit

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  • Motorcity Cobra
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    #11
    Judge Walter noted that Golden Boy produced successful cards as the lawsuit was pending, including the lucrative Canelo Alvarez-Amir Khan fight in 2016 and the agreement this year with Haymon to stage an Alvarez bout against Haymon’s Julio Cesar Chavez Jr. in May, a bout hyped as “the biggest all-Mexican fight in boxing history.”

    The judge additionally found that neither Fox nor ABC were precluded from broadcasting fights from other promoters despite their connections to PBC, and he noted Golden Boy and ESPN have entered into a new broadcast deal.

    He also addressed the Ali Act violation claims and Golden Boy claims that Haymon manipulated “sham promoters.”

    “Notwithstanding plaintiffs’ pejorative label, the promoters that work with the PBC vehemently disagree that they are ‘sham’ promoters,” Walter wrote.

    A federal judge in Los Angeles Thursday dismissed the lawsuit by Oscar De La Hoya’s Golden Boy Promotions claiming that rival manager Al Haymon had engaged in monopolistic practices with his Premier Boxing Champions operation.

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    • Motorcity Cobra
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      #12
      Walter wrote, “The court concludes that [Golden Boy has] failed to properly define the market, or show that there are significant barriers to entry in that market.”

      While the PBC stable remains strong, Haymon has been required to assist on some premium-cable license fees to fighters to help stage fights like Saturday’s Carl Frampton-Leo Santa Cruz, Dejan Zlaticanin-Mikey Garcia doubleheader of title fights on Showtime too.

      Judge Walter summarized his decision by writing, “It can’t be said often enough that the antitrust laws protect competition, not competitors. … [C]ompetition is essential to the effective operation of the free market because it encourages efficiency, promotes consumer satisfaction and prevents the accumulation of monopoly profits.

      “When a producer is shielded from competition, he is likely to provide lesser service at a higher price; the victim is the consumer who gets a raw deal. This is the evil the antitrust laws are meant to avert. But when a producer deters competitors by supplying a better product at a lower price, when he eschews monopoly profits, when he operates his business so as to meet consumer demand and increase consumer satisfaction, the goals of competition are served. … While the successful competitor should not be raised above the law, neither should he be held down by the law.”

      GAME. SET. MATCH.

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      • sicko
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        #13
        Probably why Oscar drove Drunk he probably got the News Early

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        • Motorcity Cobra
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          #14
          Judge basically said Golden Boy is wasting everybody time


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          • LOCOMEX89
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            #15
            Originally posted by sicko
            Haymon walked out the Courtroom Like:

            [IMG]http://gif-finder.com/wp-content/uploads/2016/05/*****-Drops-the-Mic.gif[/IMG]

            But Haymon doesn't seem like a spiteful man, I think he would STILL work with Oscar to make big fights. All of a sudden all that money they "BLEW" will reappear and it will be back to business. Probably was hiding money JUST IN CASE things went bad in this case like a lot of Businesses do. Let that man run his business in peace, if you don't like what he is doing then don't watch :dunno"

            As a Boxing fan I will Support ALL PLATFORMS OF BOXING! If it is a good match up I WILL WATCH I don't care who is the Promoter of it!

            Then GBP PLAYED THEMSELVES because you did a fight with Khan represented by Haymon and then recently do this fight with Chavez who is represented by Haymon that is ****** when you have a ON GOING LAWSUIT. I'm sure Judge looked at that as well like "OK THEN WTF ARE THEY SUING FOR WHEN THEY JUST MADE 2 FIGHTS BACK TO BACK WITH EACH OTHER"
            That was something that stood out after skimming through the article in the L.A. Times.
            The judge used that against Golden Boy Promotions. He mentioned Khan vs Canelo, and Chavez Jr vs Canelo.

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            • Shadoww702
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              #16
              Originally posted by Motorcity Cobra




              If Al Haymon didn't give a SHT about his fighters and ONLY about the $$$$??? Why did he have SO many fighters without a promoter STILL working with GB??? He KNOWS it's in their BEST interest to stay a FA. He got Khan a fight with Canelo not even signing ANY extensions? Bob Arum would of had at LEAST a 3 fight extension for Khan to fight Pac...

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              • Shadoww702
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                #17
                Originally posted by LOCOMEX89
                That was something that stood out after skimming through the article in the L.A. Times.
                The judge used that against Golden Boy Promotions. He mentioned Khan vs Canelo, and Chavez Jr vs Canelo.
                And that just PROVES Haymon is that professional and even when your SUING him he'll make fights with you. Name anyone else who would do that???

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                • mrlopez
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                  #18
                  Now that this bs is over with

                  Let's hope Haymon makes exciting/competitive fights within his stable and with other promoters as he's been doing, including Top Rank and GB (Khan/CONelo) & now for the CONelo/Jr fight.

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                  • Shadoww702
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                    #19
                    Originally posted by Motorcity Cobra
                    Judge basically said Golden Boy is wasting everybody time


                    Bob Arum and GB only did that to try and look at his books. They're were trying to blackball him and look at his dealing to use that against him. It failed.

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                    • sicko
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                      #20
                      Originally posted by LOCOMEX89
                      That was something that stood out after skimming through the article in the L.A. Times.
                      The judge used that against Golden Boy Promotions. He mentioned Khan vs Canelo, and Chavez Jr vs Canelo.
                      Yeah GBP being Money Hungry may have BACKFIRED!

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