GGG sends DAZN letter to enforce contract. Canelo lawyers up

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  • Scipio2009
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    #121
    Originally posted by Motorcity Cobra
    No way in hell they did any market research for boxing. When they launched Canelo wasn't available. If it weren't for HBO dropping boxing who would they have now? They got lucky as hell.
    They believed Hearn's bull**** story that giving him a billion dollars would be enough to buy up the US boxing scene in a one-fell-swoop, not understanding the money already on the table.

    They got sold a bill of goods, and had it not been for HBO Boxing closing shop, Hearn's deal would've ended at the end of the year, with the whole effort dead.

    Now, Hearn's deal is likely still dead, but at least the whole thing won't just fold up.

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    • Motorcity Cobra
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      #122
      Originally posted by Scipio2009
      They believed Hearn's bull**** story that giving him a billion dollars would be enough to buy up the US boxing scene in a one-fell-swoop, not understanding the money already on the table.

      They got sold a bill of goods, and had it not been for HBO Boxing closing shop, Hearn's deal would've ended at the end of the year, with the whole effort dead.

      Now, Hearn's deal is likely still dead, but at least the whole thing won't just fold up.
      That have to keep throwing more and more money at the problem trying to spend their way to success. But it's not going to work. All their moves spell disaster

      Canelo fights and loses to GGG: Disaster

      Canelo beats GGG again: That's the end of GGG yet they're still paying him $15 per fight

      AJ loses again to Ruiz: Disaster

      They're just like HBO in it's final days. The focus is on two fighters. Once this final WBSS is over everything after that is sub 140. The same model that killed HBO boxing

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      • !! Shawn
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        #123
        Originally posted by KTFOKING
        The thing is, DAZN knows they can't force Canelo to fight anyone. That is not legal. They signed the agreement through GBP. I don't see any legal way GBP can force Canelo to the trilogy here. Simply put, they just thought they would be able to convince Canelo to take this fight and it backfired. GBP were desperate and needed this to probably get their own deal so they went for it despite Canelo telling them not to do it.
        They have exclusive rights to televise his fights, that means that they can refuse to air fights, which means he would have to fight non-televised, which means they for all intents and purposes do get to choose who he fights.

        Not sure why thats a hard concept to grasp. Its been how boxing has worked for a long time.

        He either fights who they want, or he has to fight untelevised, or not at all.

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        • jas
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          #124
          golden boy are an unprofessional outfit

          eric gomez looks drunk in all the events

          delahoya is coked up

          so it comes as no surprise this mess has occured

          canelo thinks delahoya is loyal to him. nah , he is loyal to the dollar bill.

          i am starting to think every fighter should sign with al haymon, seems the least problems with him. but pbc is still very poorly run. i respect lewis a lot but he can barely string a coherent sentence together

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          • Shape up
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            #125
            Originally posted by richardt
            The issue with GBP and DAZN is obvious but just another layer to the constellation of connected tissues in this tangled-up situation - because from Canelo's perspective, if it isnt in his contract, then GBP/DAZN/GGG can duke it out in court while Canelo kicks back on the sidelines and waits to see what the casualties are from the fallout. Canelo can laugh at anyone who assumed he would fight GGG for the third time without getting his approval first.
            Not nessasarially, if GBP contract with canelo states they are his agents, canelo could be bound by GBP decision. Oscar May have many faults but I think you will find he will have canelo bound by every conceivable Manner possible
            Last edited by Shape up; 08-07-2019, 06:24 AM.

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            • KTFOKING
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              #126
              Originally posted by jas
              golden boy are an unprofessional outfit

              eric gomez looks drunk in all the events

              delahoya is coked up

              so it comes as no surprise this mess has occured

              canelo thinks delahoya is loyal to him. nah , he is loyal to the dollar bill.

              i am starting to think every fighter should sign with al haymon, seems the least problems with him. but pbc is still very poorly run. i respect lewis a lot but he can barely string a coherent sentence together
              Oscar is what he is, but Gomez is legit.

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              • richardt
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                #127
                Originally posted by Shape up
                Not nessasarially, if GBP contract with canelo states they are his agents, canelo could be bound by GBP decision. Oscar May have many faults but I think you will find he will have canelo bound by every conceivable Manner possible
                The fact that Canelo is at odds with Oscar tells a different story and that Oscar overstepped his boundaries and committed to something that was never fully agreed on. Unless GBP has it in the contract that they get 100% choice in opponents, which I seriously doubt, then it looks like Oscar made assumptions that Canelo would take the third fight. Thats why Canelo and Oscar are at odds right now.

                Canelo told Oscar during negotiations last year not to promise DAZN a third fight with Golovkin.

                Oscar promised DAZN a third fight which he had no right to do.

                DAZN is in breach of the GGG contract and as the result GGG is is bringing his lawyers into the situation.

                Now Oscar will have to kiss up to Canelo and beg him for the third fight to save himself from being sued. Canelo is not responsible for anything unless he told Oscar he would take the third fight and even telling Oscar this doesnt carry the weight of a written agreement because anyone can change their mind if it isn't a signature on paper. Canelo could have easily in a passing conversation said he would consider a third fight but considering - and promising with a signature are two entirely different things.
                Last edited by richardt; 08-07-2019, 10:26 AM.

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                • richardt
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                  #128
                  If Canelo as it has been mentioned is retaining independent lawyers, he may be looking at at buyout from GBP, and the costs may not be as high if it is found that Oscar didnt fulfill his obligations as a promoter such as when he missed pressers due to being hungover and drunk or committing to deals that were not agreed on.
                  Last edited by richardt; 08-07-2019, 10:24 AM.

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                  • jimisawesome
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                    #129
                    Originally posted by Motorcity Cobra
                    DAZN is in deeper trouble than I originally thought if they're depending on one fight to carry their app. Say they fight a 3rd time. And then what happens after? Do they fight again? Do they keep fighting each other until their contract runs out?
                    Originally posted by Motorcity Cobra
                    That have to keep throwing more and more money at the problem trying to spend their way to success. But it's not going to work. All their moves spell disaster

                    Canelo fights and loses to GGG: Disaster

                    Canelo beats GGG again: That's the end of GGG yet they're still paying him $15 per fight

                    AJ loses again to Ruiz: Disaster

                    They're just like HBO in it's final days. The focus is on two fighters. Once this final WBSS is over everything after that is sub 140. The same model that killed HBO boxing
                    You nailed it. DAZN never understood the market. You can get 2 to 3 million and trending down to watch on HBO because that is in 45 million homes and 44.8 million of the people with HBO subscribe for reasons other than just boxing.

                    The person that is going to pay for a service specifically for boxing does not care about the price. There is no secret boxing fan base that refuses to pay 85 for a PPV but will pay 20. If they will pay 20 they will pay 85. So even this puts a cap on the number of viewers. 4 fights ever did over 2 million PPV. Hell just 2 fighters are responsible for all 9 PPV over 1.5 million buys with Tyson and May.

                    If they could get 1.5 million subscribers on a year package that is 150,000,000 a year with a more realistic number at 800k buying for a year and 700 doing one-off months dropping the number closer to 100 million. They are paying Canelo 70 million a year (assuming 2 fights). They are paying ggg 30 million a year. They have 50 million towards GBP shows that they need to fill out the schedule. What ever they are paying Hearn for his shows and content. We have not got to opponents yet for Canelo and ggg. So far they have paid Jacobs 12 million when he is worth 3 million for that fight. They are paying Dervy 5 million when he is worth 500k for the fight.

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                    • xhiddenx87
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                      #130
                      Originally posted by Motorcity Cobra
                      That have to keep throwing more and more money at the problem trying to spend their way to success. But it's not going to work. All their moves spell disaster

                      Canelo fights and loses to GGG: Disaster

                      Canelo beats GGG again: That's the end of GGG yet they're still paying him $15 per fight

                      AJ loses again to Ruiz: Disaster

                      They're just like HBO in it's final days. The focus is on two fighters. Once this final WBSS is over everything after that is sub 140. The same model that killed HBO boxing
                      good to know that for you any loss is a END ALL type of thing... LOL

                      well no. A loss for Joshua who is still young is just that...the guy can make it back and still bring Subs...
                      Same happens with a Canelo defeat.

                      with GGG you will always have a show, so even in defeat he can make good fights and brings subs(way less than Joshua or Canelo)

                      with the WBSS I dont know...for now they have a name, but I dont see too much buzz about it other than hardcores.

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