Should Canelo Buy Out Of His Golden Boy Contract

[Eff Pandas]

I'm asking why would you want to get that commitment from Golden Boy and in writing for their deal but not in writing with Canelo in his deal?

Because Golden Boy as the owner of his promotional rights are basically acting on behalf of Canelo & they likely aren't going to Canelo over every i thats dotted & t that gets crossed. I'd think Canelo's manager would be dealing with the specifics. Canelo isn't likely to be looking over some 63 page contract.

Either they are idiots or they did it as some legal way to get around Ali Act that might prevent a Network from putting a fighters name in a contract that you have to fight as part of a multi-year contract.

Again Canelo CAN'T sign to DAZN without Golden Boy's approval. This is the same sh^t like Tank & Golden Boy & KingRy & Floyd were going back n forth on. Tank can't just sign to Golden Boy & KingRy can't just sign with Floyd. Their promotional rights are owned already & their promoter has to sign off on any deal that is made for their content.

And again you've completely lost me on what aspect of the MAA DAZN would be violating exactly.

So what is the point of buying out a promoter contract when you still in the same boat with DAZN who will still want you to fight GGG and you still under contract with them lol

AGAIN its not even about the GGG thing. That could go either way at a later point. The problem is your promoter effed you over to get their own sexy DAZN deal is the reason you wanna cut the cord with them. Golden Boy is making money off of Canelo's name. Golden Boy is building their future off of Canelo's name. Canelo should be getting his own side deal to build his own promotional company for when he retires.

[bigdunny1]

Show me proof of these contracts specifically the Canelo one with DAZN that has no mention of GGG in it.



If Golden Boy owns Canelo's promotional rights & make his fights idk why this is such a crazy agreement between DAZN & Golden Boy. I do think Golden Boy would want to let Canelo in on it doe, but ultimately Golden Boy has the ability to make fights or not make fights to some degree for Canelo & has some measure of control with making Canelo vs GGG III.

Canelo himself has said the contract he signed with DAZN doesn't specify or mention anything about having to fight GGG. I don't see an speculation or even rumor that Canelo signed anything telling DAZN he will fight GGG. The reason they are at a standstill is specifically because they can't legally force him to fight GGG and DAZN wants that fight.

The only thing we don't know is if DAZN put something in Golden Boy's separate contract stating Canelo would fight GGG or if Golden Boy verbally assured them he would fight GGG. But getting a manager/promoter to agree to something means little in boxing you as a promoter/manager can't force a fighter to fight anyone they don't want to. DAZN needed to/needs to get Canelo to agree to sign a contract to say he will fight GGG. Canelo buying out a promoter contract with Golden Boy costs money but doesn't change the fact that he signed a contract with DAZN and owes them fights and they still want him to fight GGG so what does he really gain?

[Robi13]

Floyd signed a massive deal with Showtime that Golden Boy helped get him (his promoter at the time). Then left Golden Boy 2/3s in and it had no effect on his deal he signed with Showtime. Canelo signed with DAZN. Canelo has his own contract with Golden Boy to promote his fights regardless of the network. These are separate contracts. If he buys out Golden Boy he is still under the contract terms he signed with DAZN owing them fights. DAZN has a contract worth 350M and if Golden Boy has a contract worth 2M a fight like Eff Panda said that's 20M for 10 fights. You can't buy out a 20M contract and think DAZN would allow you to walk away from a 350M commitment you signed with them. lol

And his biggest problem is DAZN wants him to fight GGG they would still want him to fight GGG with or without Golden Boy present. So what's the point spending all that money to buy out Golden Boy when you still under contract with DAZN who still wants you to fight GGG?

Great points 👍. I don’t know, but I want all this to be resolved ASAP to get the division rolling, everyone is at a standstill at the moment

[bigdunny1]

Because Golden Boy as the owner of his promotional rights are basically acting on behalf of Canelo & they likely aren't going to Canelo over every i thats dotted & t that gets crossed. I'd think Canelo's manager would be dealing with the specifics. Canelo isn't likely to be looking over some 63 page contract.



Again Canelo CAN'T sign to DAZN without Golden Boy's approval. This is the same sh^t like Tank & Golden Boy & KingRy & Floyd were going back n forth on. Tank can't just sign to Golden Boy & KingRy can't just sign with Floyd. Their promotional rights are owned already & their promoter has to sign off on any deal that is made for their content.

And again you've completely lost me on what aspect of the MAA DAZN would be violating exactly.



AGAIN its not even about the GGG thing. That could go either way at a later point. The problem is your promoter effed you over to get their own sexy DAZN deal is the reason you wanna cut the cord with them. Golden Boy is making money off of Canelo's name. Golden Boy is building their future off of Canelo's name. Canelo should be getting his own side deal to build his own promotional company for when he retires.

Yes Canelo needed his promoter at the time to sign off and allow him to sign a contract with a network. They signed off and allowed Canelo to sign a contract with him promising fights to DAZN but he never signed or agreed to anything to fight GGG who by the way wasn't even on DAZN yet and no guarantee he would sign with the DAZN in the future. What Golden Boy later agrees verbally or even signs in a separate TV deal with DAZN outside of Canelo don't have shyt to do with Canelo's own contract he has with DAZN. If that could be legally enforced Canelo would be fighting GGG right now but he's not.

It's like a mom or dad of a star recruit verbally or actually signing something saying a kid will play at a school. Sure it might be nice to get that assurance because you think the mom or dad has influence on that decision. But ultimately it means nothing and finding out that kid doesn't want to go there so he picks another school instead. lol Golden Boy can't guarantee to a network who the fighter will fight no promoter can written or otherwise.

[Eff Pandas]

Canelo buying out a promoter contract with Golden Boy costs money but doesn't change the fact that he signed a contract with DAZN and owes them fights and they still want him to fight GGG so what does he really gain?

Not being in a contract with someone not acting in his best interest.

[Eff Pandas]

Golden Boy can't guarantee to a network who the fighter will fight no promoter can written or otherwise.

Idk how true that is or isn't. I think a network can require certain fights in a deal. I mean why wouldn't they if there is a fight of value or at least your money is based on who you fight cuz some fights are good fights & some fights aren't & that impacts things on all sides.

But again the problem to me isn't DAZN wanting the GGG fight, its Golden Boy okaying that without talking to Canelo. DAZN should be assuming Golden Boy is running by Canelo one would think & even if this seems super important there are surely a thousand other things in this contract that Golden Boy thumbs up'd that Canelo didn't get the memo on.

[xhiddenx87]

Seems like more of a Yes/No situation to me doe. If you care about it or not fair play on being indifferent, but for Canelo & the rest of his non-promotional team its a Yes/No situation.

it was like... F@ck your choices

[KTFOKING]

End of the day, GBP betrayed Canelo and went against his word. There may be no coming back from that and as mentioned in other articles, Canelo is ticked off at how DLH is often times a no show at the pressers because he is hung over or dealing with some issues. Canelo is the biggest entity in the game and at this point he doesn't need GBP. Now not needing GBP isn't really anything new from mega stars who out grow their promoter and go the solo route.

But yeah, if possible it does make sense for Canelo to get his contract bought out. If he doesn't trust them and isn't on speaking terms with ANY of the three top guys at GBP, what is the point of staying?

[!! Shawn]

Canelo seems surprised. Or are you suggesting Canelo is making up that this is the reason he's upset with Golden Boy.

I don't disagree Canelo is the only one surprised doe. I think virtually everyone was on board with Canelo vs GGG III happening once GGG signed to DAZN.

Just like Mayweathers beef, he wants GGG at the end of his contract, not towards the beginning.. Floyd fought Pacquiao, like he was suppose to, but not at the beginning of the contact like people wanted.

Canelo is trying to get it so he can fight other fights before that one. He wants to wait on GGG to age more, since the first two fights were very close.

Its a smart move for him, but its probably putting him afoul of the contract.

He is playing chicken with, do you want to wait it out a few years and settle it in court, or do it my way DAZN.

Its not like he cant afford to sit out a few years in a legal dispute.

But can DAZN? Probably not with GGG on contract, and having to pay him, and Joshua falling a apart, their whole boxing endeavor is about to flop hard.

[Sheikh]

While Canelo is the biggest cash cow today he is not as big of a star as he thinks. The GGG first fight did 1.3 million buys and rematch did 1.1 million. His fight with Khan did 600,000 buys and Liam Smith 300,000.

Those are good numbers but not super great. I dont think those numbers warrant 50 million a fight.