Comments Thread For: Golovkin: If I KO'd Jacobs, I Would Not Be Getting Canelo Fight!

[Robbie Barrett]

The article says the fight was mandated, not the 55/45 purse split.

Time for another name change, coward?

The article also says this deal was negotiated in Feb 2016. Are you saying it took Canelo and Oscar over a year to decide they'd been stiffed?

Part of the deal set forth, and agreed to by everyone involved, stipulated that if no agreement was reached, then a purse bid would be set. And instead of the standard 75/25 split in favor of the defending champion, in this case, it was set at 55/45 because of Golovkin’s standing as the WBC interim champion (a distinction he earned by walloping Marco Antonio Rubio back in Oct. of 2014).



And right here may have been the biggest problem.



While De La Hoya had stated that perhaps a 90-10 split would be offered to Golovkin beforehand – which was nothing more than posturing on his end – there was no way Alvarez going to agree to that WBC-mandated financial split"
http://ucnlive.com/canelo-golden-boy...-on-the-clock/

It was set at 55-45 because Golovkin was interim. Not negotiated. Who set it? ******.

You're honestly trying to argue that the purse split is 75/25 mandatory but GBP offered 55/45.

[kafkod]

Part of the deal set forth, and agreed to by everyone involved, stipulated that if no agreement was reached, then a purse bid would be set. And instead of the standard 75/25 split in favor of the defending champion, in this case, it was set at 55/45 because of Golovkin’s standing as the WBC interim champion (a distinction he earned by walloping Marco Antonio Rubio back in Oct. of 2014).



And right here may have been the biggest problem.



While De La Hoya had stated that perhaps a 90-10 split would be offered to Golovkin beforehand – which was nothing more than posturing on his end – there was no way Alvarez going to agree to that WBC-mandated financial split"

"While De La Hoya had stated that perhaps a 90-10 split would be offered to Golovkin beforehand – which was nothing more than posturing on his end – there was no way Alvarez going to agree to that WBC-mandated financial split. Even Tom Loeffler, the managing director of K2 Promotions, understood that. There was no argument as to who was the A and B-sides here in these negotiations."

Whether the purse split was set by the WBC or not is irrelevant. It was not forced on Canelo. He accepted it as part of the deal he negotiated with GGG allowing him to defend his title against Amir Khan before fighting GGG next.

GGG wasn't trying to force a purse bid. As the article says, even Tom Loeffler understood that Canelo wouldn't accept a purse bid with a 55/45 split, and he was trying to make the fight. Otherwise, why would Golovkin have agreed to step aside for Khan?

If he was trying to force Canelo to either vacate or give him a 55/45 split, all GGG had to do was say "No step aside, no negotiations, I want a purse bid right now"

'What’s dubious is Alvarez said he would not be held to any “artificial deadlines,” given he agreed to every stipulation months ago, could have dropped the WBC middleweight title right after winning it and campaigned at junior middleweight (which he hasn’t technically done in over two years). Beyond that, aren’t deadlines necessary at certain points? The phrase, “shit or get off the pot” comes to mind. The WBC didn’t just impose this right after May 7; this was agreed upon by everybody back in February.'

http://ucnlive.com/canelo-golden-boy...-on-the-clock/

Couldn't have put it any better than that myself.

[Robbie Barrett]

Whether the purse split was set by the WBC or not is irrelevant

You've been arguing for the past year there was no 55/45 split and Interim vs champ is the same as mandatory. But now you've been proven wrong it's irrelevant?

[kafkod]

You've been arguing for the past year there was no 55/45 split and Interim vs champ is the same as mandatory. But now you've been proven wrong it's irrelevant?

I didn't say there was no 55/45 split. I said the 55/45 split for champion vs interim was no longer part of the WBC rules and would only apply if the council decided it was merited.

I also asked that if anybody had any info about whether it applied to GGG/Canelo they should post a link and let us know about it.

If you're so fucking clever why couldn't you do that, Sparky?

[Robbie Barrett]

I didn't say there was no 55/45 split. I said the 55/45 split for champion vs interim was no longer part of the WBC rules and would only apply if the council decided it was merited.

I also asked that if anybody had any info about whether it applied to GGG/Canelo they should post a link and let us know about it.

If you're so fucking clever why couldn't you do that, Sparky?

Everytime someone mentioned it you kept telling them it was 75/25 same as a mandatory. Always trying to spin ****. Why's it so hard for you to stop lying? Just admit you were wrong you tard.

[kafkod]

Everytime someone mentioned it you kept telling them it was 75/25 same as a mandatory. Always trying to spin ****. Why's it so hard for you to stop lying? Just admit you were wrong you tard.

I said the 55/45 split is no longer an automatic entitlement for an interim champ - which is true.

I also said that, so far as I was aware, it didn't apply to GGG/Canelo, but if anybody had info that it did, I would accept that, which is what I'm doing.

[yankees7448]

Ok, we've established that if it had gone to a purse bid GGG would not have been entitled to a 45% share of the PPV income.

So why would Canelo/Oscar have been worrried about a possible puse bid? GBP would have outbid Loeffler for sure. Financially, they have a lot more clout than K2.

Exactly. The problem wasn't the money or the splits but the fact that GGG wasn't budging on weight. They themselves were saying they needed more time for Canelo to become a real middleweight.

[Ake-Dawg]

Canelo/Oscar negotiated the 45/55 split themseves, and it would only have applied to the purse, not the PPV income.

[QUOTE=kafkod;18035226]

Canelo/Oscar negotiated the 55/45 split themselves, and it would only have applied to the purse, not the PPV income.

Because the bids would have to be huge, which would be a huge financial risk if the PPV didn't turn out as big as expected.

Golovkin would be getting overpaid. If someone bid 100 mil, does Golovkin deserve 45 mil and Canelo 55? Canelo would be ******ed (kinda like you) to agree to that.

This is the same misconception Yankee had. There is no requirement to negotiate ppv split after winning a bid. The rules state that the fighters MUST sign the contracts sent to them by the winning promoter. Either fighter has the option not to sign, but if they don't they are either stripped or removed from the rankings. Sure you can say it's in the best interest to sweeten the pot to get fighters to sign, but the winning promoter has all the leverage. Simply put, going to purse bid and then facing 55-45 solit presented to big of a revenue risk for GBP so they had Alvarez drop the belt.

[kafkod]

This is the same misconception Yankee had. There is no requirement to negotiate ppv split after winning a bid. The rules state that the fighters MUST sign the contracts sent to them by the winning promoter. Either fighter has the option not to sign, but if they don't they are either stripped or removed from the rankings. Sure you can say it's in the best interest to sweeten the pot to get fighters to sign, but the winning promoter has all the leverage. Simply put, going to purse bid and then facing 55-45 solit presented to big of a revenue risk for GBP so they had Alvarez drop the belt.

So Canelo vacated his title to avoid a purse bid ... because he didn't want to run the risk of maybe, possibly, having to vacate his title after a purse bid?

Mmmm .. there's something a little bit off about that to me!

Think about it .. Loeffler and GGG were trying to make the fight, otherwise they would never have agreed to allow Canelo a voluntary in the first place. So why would they have tried to force a purse bid, knowing that Oscar and Canelo would never accept one?

[kafkod]

Exactly. The problem wasn't the money or the splits but the fact that GGG wasn't budging on weight. They themselves were saying they needed more time for Canelo to become a real middleweight.

They never offered a catchweight .. it looks like they offered to sign for a fight this September, if Canelo could stay in place as WBC champion until then.

Remember how, after the Canelo/Khan fight, Jose Sulaiman put out a statement saying the WBC would not order a Canelo/GGG title fight immediately, if both sides agreed to more interim fights?

It must have been Oscar's offer to sign for a Sept 2017 fight - giving Canelo time to "grow" into a MW - which prompted Sulaiman to release that statement.

After GGG responded to it by saying "no more step asides" ... that was when Canelo vacated.