Did Golden Boy and DAZN violate the Ali Act?

[OnePunch]

1. A promoter has NO fiduciary duty to a fighter.

2. Obviously Golden Boy "nudged" Canelo towards the DAZN deal, because they got a separate content deal from DAZN as part of the package. Definitely unethical, but not illegal. Canelo should have had independant management reviewing the deal before signing off on it

3. DAZN (depending on the wording of their contract) likely has the right to approve or deny ANY opponent they choose. Obviously they cannot FORCE Canelo to fight a specific opponent (indentured servitude), but they can certainly refuse to air (or pay for) any fight they dont want.

4. Option deals, or forced signings to get a specific fight are not prohibited by the Ali Act. It happens all the time. And if you want the fight bad enough, you sign the deal. Just happened with Joshua and Ruiz. For Ruiz to get the fight, he had to give Hearn options on his next 3 fights.

Where the lines get blurred is when fighters already under a promotional contract are forced to sign extensions in order to get fights they were already owed.

[Thuglife Nelo]

1. A promoter has NO fiduciary duty to a fighter.

2. Obviously Golden Boy "nudged" Canelo towards the DAZN deal, because they got a separate content deal from DAZN as part of the package. Definitely unethical, but not illegal. Canelo should have had independant management reviewing the deal before signing off on it

3. DAZN (depending on the wording of their contract) likely has the right to approve or deny ANY opponent they choose. Obviously they cannot FORCE Canelo to fight a specific opponent (indentured servitude), but they can certainly refuse to air (or pay for) any fight they dont want.

4. Option deals, or forced signings to get a specific fight are not prohibited by the Ali Act. It happens all the time. And if you want the fight bad enough, you sign the deal. Just happened with Joshua and Ruiz. For Ruiz to get the fight, he had to give Hearn options on his next 3 fights.

Where the lines get blurred is when fighters already under a promotional contract are forced to sign extensions in order to get fights they were already owed.

There’s definitely a conflict of interest going on. Fischer being the scope of boxing narratives for Ring and always hanging out with Loeffler, I wouldn’t be surprised if Oscar acknowledged GGG to join DAZN. Makes Oscar looks good in bringing special business to Skipper and ensuring that Canelo would eventually agree to what benefits DAZN.

The $100 million deal offered to GGG Promotions must have gambled that Canelo would provide them the fight sooner than later since the scope of boxing and its market watches other network competitors.

In other words, what I’m trying to say, is Loeffler a betch!

[TonyGe]

1. A promoter has NO fiduciary duty to a fighter.

2. Obviously Golden Boy "nudged" Canelo towards the DAZN deal, because they got a separate content deal from DAZN as part of the package. Definitely unethical, but not illegal. Canelo should have had independant management reviewing the deal before signing off on it

3. DAZN (depending on the wording of their contract) likely has the right to approve or deny ANY opponent they choose. Obviously they cannot FORCE Canelo to fight a specific opponent (indentured servitude), but they can certainly refuse to air (or pay for) any fight they dont want.

4. Option deals, or forced signings to get a specific fight are not prohibited by the Ali Act. It happens all the time. And if you want the fight bad enough, you sign the deal. Just happened with Joshua and Ruiz. For Ruiz to get the fight, he had to give Hearn options on his next 3 fights.

Where the lines get blurred is when fighters already under a promotional contract are forced to sign extensions in order to get fights they were already owed.

To me this means you can't restrict your fighters to rival promotors fighters unless they sign with you.



coercive provision described in this subparagraph is a contract provision that grants any rights between a boxer and a promoter, or between promoters with respect to a boxer, if the boxer is required to grant such rights, or a boxer’s promoter is required to grant such rights with respect to a boxer to another promoter, as a condition precedent to the boxer’s participation in a professional boxing match against another boxer who is under contract to the promoter.

[Motorcity Cobra]

1. A promoter has NO fiduciary duty to a fighter.

2. Obviously Golden Boy "nudged" Canelo towards the DAZN deal, because they got a separate content deal from DAZN as part of the package. Definitely unethical, but not illegal. Canelo should have had independant management reviewing the deal before signing off on it

3. DAZN (depending on the wording of their contract) likely has the right to approve or deny ANY opponent they choose. Obviously they cannot FORCE Canelo to fight a specific opponent (indentured servitude), but they can certainly refuse to air (or pay for) any fight they dont want.

4. Option deals, or forced signings to get a specific fight are not prohibited by the Ali Act. It happens all the time. And if you want the fight bad enough, you sign the deal. Just happened with Joshua and Ruiz. For Ruiz to get the fight, he had to give Hearn options on his next 3 fights.

Where the lines get blurred is when fighters already under a promotional contract are forced to sign extensions in order to get fights they were already owed.

I was just about to mention your name to get your input on this

[saintpat]

So what you're saying is I'm discussing this with someone who isn't paying attention to what being discussed. Go back and read what's written and when you catch up to the discussion send me a response.

I was responding to your replies to me.

You said dazn was betting on Canelo-GGG III. Sometimes when you bet you lose. Alvarez has no obligation to cover those bets if they aren’t spelled out in his contract.

[Motorcity Cobra]

the way Canelo and GBP could have controlled everything was to do PPV. But that came with no guarantee, also, where does the rest of their stable fight?

Everything in life comes with a certain price - even $365 million https://t.co/AKYjwm5i3O

— Steve Kim (@StevESPNKim) August 3, 2019

[jimisawesome]

I was responding to your replies to me.

You said dazn was betting on Canelo-GGG III. Sometimes when you bet you lose. Alvarez has no obligation to cover those bets if they aren’t spelled out in his contract.

And it was a bad bet in the first place. Canelo versus anything resembling a name will do the same numbers as Canelo-GGG 3. PPV sequels with just a couple of exceptions (and this is not those exceptions) do smaller numbers including Canelo GGG 2.

GGG is a nice piece for a network that has multiple stars and needs depth so customers are happy to pay every month. What he is not doing is bringing in new subscribers yet they are paying him as if he is a major driver of new subscriptions.

This whole DAZN, GDP, Canelo and GGG saga has been just strange.

[Blond Beast]

Stop it

I bet It’s really not Complicated , GB made assurances that there’d be a Trilogy fight because Canelo has always been the type of fighter who will fight whoever ( Never a fan of his But always respected that aspect of him) so they probably didn’t
Think it Be a issue

How is anyone going to guess that for the first time in his career Canelo is openly avoiding a fighter( The Biggest fight available for The Company that Cuts his cheque’s and a fight that gives them their biggest chance of success) . People need to call it what it is and not try and say Oh Canelos a boss

A boss doesn’t doesn’t only look out for himself while f.ucking his business partners because he has no interest in their success. A Boss doesn’t move off his date or be willing to take less $ so he doesn’t have to take a fight that’s in everyone’s best interest

Those aren’t boss moves , Those are selfish co.ck sucker moves. Mayweather moved like a boss because everyone associated with him in business won. Espinoza was able to bring Showtime record PPV sales and prove the initial investment was well worth it / Haymon was able to convince investors off Mayweathers success that There’s still obscene $ to be made in boxing and was able to launch the PBC.Mayweather could have fought 6 straight Bertos/Guerrero’s and only looked out for himself if he wanted and just banked however many 100s of millions and let Espinoza sink at Showtime , But his moves made everyone he had a business relationship with win , That’s real Boss sh.it

Right. I think Nelo is trying to show that he is “The Boss” as in the original definition. Nobody can make him do anything for better or worse. I agree it makes me appreciate how most of Floyd’s fight weren’t impossible to make or even an issue. Also Oscar for that same reason, he fought everyone and it never seemed to be a struggle. They were the cash cows but they knew it takes two. Two top guys fighting are “gestalt” worth more than the sum of their parts. Offering flat rates is how the A side takes advantage of it. To offer a low percentage as an option would look like ur belittling the magnitude of the fight. Offering someone “the biggest pay day of their career” still might not be as much as even %15-%20. Nobody is trying to do anyone any favours even though they pretend they are.

[AKAcronym]

And it was a bad bet in the first place. Canelo versus anything resembling a name will do the same numbers as Canelo-GGG 3. PPV sequels with just a couple of exceptions (and this is not those exceptions) do smaller numbers including Canelo GGG 2.

GGG is a nice piece for a network that has multiple stars and needs depth so customers are happy to pay every month. What he is not doing is bringing in new subscribers yet they are paying him as if he is a major driver of new subscriptions.

This whole DAZN, GDP, Canelo and GGG saga has been just strange.

What name(s) do you think will get him around a million?

[jimisawesome]

What name(s) do you think will get him around a million?

With a traditional PPV I think he would have hit 900 to a million with Jacobs. I think he pulls these types of numbers with Kovalev, Ramirez, Charlo, Spence, and Manny at the very least.

For all the lolz at the 2 Kovalev Ward PPV the 2 non Canelo GGG PPV where in the same ballpark with buys. And the second Ward fight had Ward doing 0 to promote it. Canelo was able to do 600k with Jacobs on a platform with crap marketing and without the edge programing or at least programing anyone watches.

But, the most important part of all of this. Is all of those fights are cheaper than what DAZN is paying GGG. GGG against someone not named Canelo is worth a couple of million at most. So in effect, they are paying him 70-80 million to fight Canelo it just happens to be paid out in installments. GGG purse alone is getting close to any realistic total revenue from a third fight.