GGG sends DAZN letter to enforce contract. Canelo lawyers up

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  • Shape up
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    #141
    Originally posted by 12thRd
    That’s absurd. Canelo has only made $50mil so far in his two fights. DAnz would a difficult time explaining supposed lost revenue or damages if a fighter had no prior knowledge about specific fights, and industry seems to be on this page as well as Golden Boy.

    Canelo would have been advised long ago to not make such statements if he actually he knew that GGG was in his contract.

    DAnz would also open up a can of worms and possible conflict of interest with Matchroom as to why Andrade was not approved and even moreso if these rumors are true why is GGG upset over not fighting Canelo? That would mean that Tom Loeffler is a bit insecure with the contracts or else such a thing wouldn’t be public knowledge. That’s of course if it’s true that GGG’s lawyers are in this now? Doesn’t make sense other than many conspired or are taking advantage of Canelo’s situation.

    It is very weird why GGG would be involved in complaining to not get a Canelo fight this year? Surely that’s a rumor and joke. Perhaps it’s more about GGG’s contract and perimeter that in order to get $100mil if he must have fought Canelo by now? Only a contract would motivate these actions, which, seems like everyone involved at DAZN have been taking advantage of Canelo Alvarez.

    Canelo, without prior knowledge of this sting for matchmaking, could probably and easily win a case against DAZN. Probably make money out of it as well.
    Canelo has a 10 fight contract, danz would have projections on how much they will make for the 10 fights, they didn't contract him to lose money, it doesn't matter how much he has earned so far, if he doesn't front up for the rest of the contract he will be liable for loses and damages

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    • andocom
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      #142
      Originally posted by jimisawesome
      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.
      You may want to sit down for what I am about to tell you, but apparently there are actual people that live outside the United States, and not only that, they have the internet, crazy I know.

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      • 12thRd
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        #143
        Originally posted by Shape up
        Canelo has a 10 fight contract, danz would have projections on how much they will make for the 10 fights, they didn't contract him to lose money, it doesn't matter how much he has earned so far, if he doesn't front up for the rest of the contract he will be liable for loses and damages
        Thats not an easy case for DAZN at all. It gets a lot more complicated when GGG too, if true, is having a fit about not facing Canelo this year. Why would GGG and his team complain about not fighting Canelo? The only logical sense is that Canelo is somewhat worded in GgG’s contract and I don’t know why GGG’s team would feel insecure about the situation. Are they afraid GGG could lose to Devranchanko, and if so, does that affect the outcome of GGG getting his $100mil while GGG isn’t in Canelo’s contract?

        It’s an easy case for Canelo. Canelo publicly stated that GGG needed to get a belt first. Where is it in Canelo’s contract that GGG needed to happen in 2019? If it’s not stipulated at all dAnz is out of luck. And again, from what it seems, others contracted with danz might have a conflict of interest having affected Canelo, like GGG promotions and Matchroom.

        Canelo is in a very good seat. Other parties (GGG and Matchroom) at Danz have to deny or acknowledge any part of DAnz matchmaking revolving Canelo.

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        • Shape up
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          #144
          Originally posted by 12thRd
          Thats not an easy case for DAZN at all. It gets a lot more complicated when GGG too, if true, is having a fit about not facing Canelo this year. Why would GGG and his team complain about not fighting Canelo? The only logical sense is that Canelo is somewhat worded in GgG’s contract and I don’t know why GGG’s team would feel insecure about the situation. Are they afraid GGG could lose to Devranchanko, and if so, does that affect the outcome of GGG getting his $100mil while GGG isn’t in Canelo’s contract?

          It’s an easy case for Canelo. Canelo publicly stated that GGG needed to get a belt first. Where is it in Canelo’s contract that GGG needed to happen in 2019? If it’s not stipulated at all dAnz is out of luck. And again, from what it seems, others contracted with danz might have a conflict of interest having affected Canelo, like GGG promotions and Matchroom.

          Canelo is in a very good seat. Other parties (GGG and Matchroom) at Danz have to deny or acknowledge any part of DAnz matchmaking revolving Canelo.
          What don’t you understand, GBP represents canelo, his, manager, agent, if canelo has signed a contract with GBP saying they have control, which most promoters do, then canelo won’t have a leg to stand on, as for buying out his contract, GBP has to be willing to sell it

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          • BoloShot
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            #145
            Canelo didn't clearly win the second and he definitely lost the first. A third fight should be a given, what a loser mindset for the supposed best around. Pathetic.

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            • j.razor
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              #146
              Originally posted by Longhaul
              The facts are you are a trolling idiot so I thought I’d repay the favor.
              I troll trollers so troll at your own risk, sucka.

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              • 12thRd
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                #147
                Originally posted by Shape up
                What don’t you understand, GBP represents canelo, his, manager, agent, if canelo has signed a contract with GBP saying they have control, which most promoters do, then canelo won’t have a leg to stand on, as for buying out his contract, GBP has to be willing to sell it
                Misrepresentation exists, not the first time. All parties are held accountable if proof is shown. DAZN marketed Canelo seeking Undisputed against Andrade. Everyone knows this. So how does DAZN in a court of law justify why Andrade wasn’t approved? Andrade said he was good to go.

                In fact aren’t Andrade vs Canelo negotiations still going now?

                The real problem exists because Canelo was stripped his IBF. As you say, GBP represents him. They’re supposed to handle his career. I find it hard for DAZN, in a court of law, say, “well you got stripped the IBF because of GBP, not us, and that has nothing to do why we didn’t approve Andrade even though we marketed it.”

                Like I said, Canelo has no fault.

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                • jimisawesome
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                  #148
                  Originally posted by andocom
                  You may want to sit down for what I am about to tell you, but apparently there are actual people that live outside the United States, and not only that, they have the internet, crazy I know.
                  You better do the same. Because let me tell you something DAZN paid Canelo 350 million for his ability to drive US subscribers not because 3 people in Italy are die hard fans. They paid Canelo 350 million knowing it would be a loss leader but a way to drive US subscribers in the hope of landing the NFL Sunday Ticket package.

                  And there is no secret country with this huge boxing fan base outside of Mexico where DAZN does not have broadcast rights for Canelo.

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                  • 12thRd
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                    #149
                    Originally posted by jimisawesome
                    You better do the same. Because let me tell you something DAZN paid Canelo 350 million for his ability to drive US subscribers not because 3 people in Italy are die hard fans. They paid Canelo 350 million knowing it would be a loss leader but a way to drive US subscribers in the hope of landing the NFL Sunday Ticket package.

                    And there is no secret country with this huge boxing fan base outside of Mexico where DAZN does not have broadcast rights for Canelo.
                    DAZN did not pay Canelo $350million. His contract is performance based. That’s why he got $15mil for Fielding since the fight values vary. He signed a contract that in all his fights he would earn $350 million, not a complete payment to Canelo’s bank account.

                    The only thing DAZN can do is approve fights not mandate who he can fight. So it’s 50/50 with Canelo vs DAZN.

                    Joshua knew DAZN would offer Wilder a total of $100mil for Breazeale and AJ x2 fights? At least that was a public offering for all sides to know. Wilder rejected the offer and stayed with Showtime, with many Wilder fans saying Deontay did good and was worth more.

                    With Canelo vs GGG, Canelo never signed up for DAZN with stipulations in fighting GGG. That is fact. What is worth is that Canelo knew as GBP that DAZN was pushing for the trilogy while giving GGG $100mil. In other words, Canelo knows he’s the commodity and without him GGG doesn’t get his pay.

                    So you must wonder, why is GGG upset with that? Is Canelo written in GGG’s contract. Did Loeffler know that Oscar promised Skipper (off the record) in making the Trilogy? There’s a big problem in that this has affected Canelo’s Sept. schedule. Seems like he was disciplined for approved fights because he didn’t want GGG in September.

                    I guess DAZN didn’t like Canelo telling GGG to go and get a belt as well. With Matchroom’s recent scandal, GGG’s Multi-deal vs a non Canelo opponent.. DAZN, as Iole stated, messed up in 2019 for Q3-Q4.

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                    • richardt
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                      #150
                      Originally posted by Shape up
                      He signed a 10 fight contract, he has to fight, if he doesn’t then danz will sue him for lost revenue and damages, that will be far more than his 300 million dollar contract, do the maths, do you think danz wouldn’t have lawyers crawling all over that contract, do you think danz would take oscars word or want to look over GBP contract with canelo, this garbage about clout means nothing in a court of law, canelo is bound by contract to GBP and danz, I can’t see any light at the end of the tunnel for canelo, as they say, be careful what you wish for
                      Again, its is very doubtful that a contract exists that states that Canelo agreed to fight GGG or that he gives all control to Oscar for opponent choice or none of the latest situation would have even made the media news. That's the reason why Canelo is at odds with Oscar because Oscar committed to something that Canelo did not agree to and this has now blown up in the media because of that discord.

                      IF Canelo signed an agreement with GBP that they have full control over who he fights, then that puts Canelo in a position where he has to comply and takes the weight off of Oscar and none of us would be hearing about this situation. That is a big IF. Again, huge stars have more control. Floyd and Vital K were the ones who chose who they fought and recently Pac. I'd bet some money that Canelo has the final word on who he fights and if he accepts a third fight that is his choice and if he doesn't, that is his choice.
                      Last edited by richardt; 08-08-2019, 10:23 AM.

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