Dazn is done.
NFL is buying the platform to move Sunday Ticket to it, as well as a rebrand of the platform.
Dazn will be claiming bankruptcy and all fighters and leagues under contract, those contracts will be dissolved.
NFL is only buying the actually platform and the new server farm Dazn created. This keeps Sunday ticket in house.
Interesting twist: Hearn and Oscar also may be claiming bankruptcy as they are on the hook for their fighters guarantees in the Dazn contract. The bankruptcy will only remove Dazn liability off of the contracts for Canelo, GGG etc. but the promoters are still liable for those guaranteed paydays.
NFL is buying the platform to move Sunday Ticket to it, as well as a rebrand of the platform.
Dazn will be claiming bankruptcy and all fighters and leagues under contract, those contracts will be dissolved.
NFL is only buying the actually platform and the new server farm Dazn created. This keeps Sunday ticket in house.
Interesting twist: Hearn and Oscar also may be claiming bankruptcy as they are on the hook for their fighters guarantees in the Dazn contract. The bankruptcy will only remove Dazn liability off of the contracts for Canelo, GGG etc. but the promoters are still liable for those guaranteed paydays.
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