Comments Thread For: Golden Boy vs. Al Haymon - Full Summary Judgement Decision

[Butch.McRae]

Very strange that the case was dismissed at the same time Oscar faces a DUI. Seems like the DUI was made up to distract Oscar from presenting his case properly.

I am not sure if you are being serious, but reading would go a long way in understanding what's going on here buddy. That DUI has nothing to do with why this case was dismissed. This judgment shows that the case was frivolous, meaning "no reasonable jury could side with the plaintiff" on any of the claims as alleged.

[Butch.McRae]

As a current law and business(finance) student, I find this case fascinating. I'll go back to see who was representing Oscar here but it appears his representation had an uphill battle trying to put a solid case together, with only pure su****ion to work with and a client who was constantly engaged actions that was circumventing the effectiveness of its case. (TV deals, Ortiz fiasco, Porter's attempt at working together, Gomez's emails, etc.) (I would've love to see what came up in discovery)

What's more telling (but obvious to those of us who are true fans of the sport) is the revelation, in the case, that GoldenBoy, not Haymon appears to be the one who has been acting in noncompetitive ways and really harming fighters.

Notice the mention of the 33% of the boxer's cut going to managers, while the manager was serving as a "defacto employee" of the company. The judgement didn't unpack the details there, but its clear that discovery revealed GoldenBoy (and likely Top Rank) are the companies who were engaged in such practices. Meanwhile, it appears that Al Haymon has actually been waiving his management fee. That's the biggest red flag in this judgement, that I would love someone to investigate. I believe this practice is what Mayweather was referring to at the Jack/DeGale press conference last week.

Another point, that wasn't unpacked, was the mention of Haymon's "losses". It appears that they either (1) are not as severe as assumed, or (2) can potentially be recovered in some way. Although there was no burden on Haymon to reveal his model (the burden was on GoldenBoy to show that it is a flawed business model), maybe there was something found in discovery showing some promise.

I'm also surprised Spike is paying a licensing fee to PBC.

These are just a few highlights I found interesting.

[Kagami Taiga]

Very strange that the case was dismissed at the same time Oscar faces a DUI. Seems like the DUI was made up to distract Oscar from presenting his case properly.

There was nothing for Oscar to present. It is his Lawyers' job to motion on his behalf. Haynon filed a Motion for summary Judgment. Oscar's attys were supposed to answer. The court usually sets a date for oral arguments and the judge ruled based on the motions/answers, oral arguments and what evidence has been provided so far. There was no trial. It didn't even get to that point.

[slimPickings]

Why Golden Boy lost (Cliff notes)

Haymon Sports waived the exclusivity provisions in all of its television contracts, Golden Boy entered into negotiations with ESPN for a multi-year deal.

(Daniel Jacobs, John Molina, Oyewale Omotoso, Shawn Porter, Julian Williams, and Leo Santa Cruz) have submitted declarations that unequivocally state, “[n]either Mr. Alan Haymon, Haymon Sports, nor anyone acting on their behalf has ever pressured or coerced me to either (i) work with any particular promoter (including Golden Boy), or (ii) not work with any particular promoter (including Golden Boy).

Haymon Sports and boxers promoted by Golden Boy and Top Rank, including the Canelo Alvarez v. Amir Khan fight on May 7, 2016 (Golden Boy) and the Floyd Mayweather, Jr. v. Manny Pacquiao fight on May 2, 2015 (Top Rank).

Golden Boy has not submitted a single proposal to Haymon, Haymon Sports, or any of the other Haymon En****** for the promotion of any Haymon Sports’ boxers during the Covered Period.

Indeed, in May 2015, Robert Diaz (Golden Boy’s matchmaker) received a suggestion from the manager of then Golden Boy-promoted heavyweight, Luis Ortiz, to try to place Mr. Ortiz in a bout that is featured within a PBC show. Mr. Diaz responded, “Are you serious? You do know we have sued Haymon right?”.

The father of Haymon-managed boxer Shawn Porter reached out to Eric Gomez about a potential fight with Golden Boy-promoted boxer Canelo Alvarez.

Thanks for breaking this stuff down.!!!

[snoopymiller]

As a current law and business(finance) student, I find this case fascinating. I'll go back to see who was representing Oscar here but it appears his representation had an uphill battle trying to put a solid case together, with only pure su****ion to work with and a client who was constantly engaged actions that was circumventing the effectiveness of its case. (TV deals, Ortiz fiasco, Porter's attempt at working together, Gomez's emails, etc.) (I would've love to see what came up in discovery)

What's more telling (but obvious to those of us who are true fans of the sport) is the revelation, in the case, that GoldenBoy, not Haymon appears to be the one who has been acting in noncompetitive ways and really harming fighters.

Notice the mention of the 33% of the boxer's cut going to managers, while the manager was serving as a "defacto employee" of the company. The judgement didn't unpack the details there, but its clear that discovery revealed GoldenBoy (and likely Top Rank) are the companies who were engaged in such practices. Meanwhile, it appears that Al Haymon has actually been waiving his management fee. That's the biggest red flag in this judgement, that I would love someone to investigate. I believe this practice is what Mayweather was referring to at the Jack/DeGale press conference last week.

Another point, that wasn't unpacked, was the mention of Haymon's "losses". It appears that they either (1) are not as severe as assumed, or (2) can potentially be recovered in some way. Although there was no burden on Haymon to reveal his model (the burden was on GoldenBoy to show that it is a flawed business model), maybe there was something found in discovery showing some promise.

I'm also surprised Spike is paying a licensing fee to PBC.

These are just a few highlights I found interesting.

GBP never had a case to start with... so easy to see.

[Kigali]

GBP never had a case to start with... so easy to see.

Oscar should have jumped off the boat with Arum...

[baddog]

The focus should be on the obvious, PBC is a PROMOTER, MANAGER and "ADVISER" that's the VIOLATION.

[snoopymiller]

The focus should be on the obvious, PBC is a PROMOTER, MANAGER and "ADVISER" that's the VIOLATION.

Uhhh... judge and jury would NEVER care about that unless it showed that fighters were getting less than optimal purses.

[dc3383]

Anybody with a brain seen this coming.

[Motorcity Cobra]

The focus should be on the obvious, PBC is a PROMOTER, MANAGER and "ADVISER" that's the VIOLATION.

Well you should present the evidence you have to Golden Boy's lawyers because the judge said they never presented evidence to prove that claim true. Contact Golden Boy ASAP, Scoop