DAZN is looking to cut Canelo's money dramatically

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  • Fanofreason
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    #71
    Originally posted by bballchump11
    Might as well sell this failed experiment now.
    They have been trying....no one wants it because they have now over $5 Billion in guaranteed contracts owed. It’s going bankrupt.

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    • Fanofreason
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      #72
      Canelo won’t be fighting for years now. Anyone signed to Dazn is screwed and won’t be released from contracts until bankruptcy is over. As their contracts are assets that can be sold by the bankruptcy court.

      Wow Widler is a genius for not signing with these bums.

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      • Mammoth
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        #73
        Originally posted by Fanofreason
        Canelo won’t be fighting for years now. Anyone signed to Dazn is screwed and won’t be released from contracts until bankruptcy is over. As their contracts are assets that can be sold by the bankruptcy court.

        Wow Widler is a genius for not signing with these bums.

        Get your dumb ass out of my thread, troll

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        • BoxingIsGreat
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          #74
          Canelo can fight on any network. He doesn't need DAZN or a promoter. Oscar and his small gang can stay there.

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          • ELPacman
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            #75
            I'm sorry, but if any fighter things he's making the same pay checks pre-covid, they're out of their damn minds. Do they not realize, THERE IS NO CROWD. That is immediately a negative on gate. People are unemployed! That is an immediate loss on PPV sales. Not to mention, they can't go charging no ****** 75-100 dollar PPVs when people are lacking funds. Of course they need a pay cut, just like the majority of the country.

            Listen, I know boxing is a tough sport, but EVERYONE is affected by the pandemic in some way. Whether they got furloughed or took pay cuts, the entire world was affected. No time to get greedy now just because now you can't afford to put premium in your Bugatti Veyron. Can't say I feel sorry for them.

            Some people should learn to live comfortable even if they earn millions or billions. When you live with the fact that if you lose even a quarter of what you make, it's a struggle, that's not the smart way to be living.

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            • AKAcronym
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              #76
              I think we need to realize that maybe Canelo's star isn't as bright as we think it is or what it used to be.

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              • BoxingIsGreat
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                #77
                Originally posted by champion4ever
                He doesn't. He has the option to sue for breach of contract but that would put DAZN out of business indefinitely.

                They will be forced to file for some type of bankruptcy relief because they are in debt and cannot afford to pay off all their bills.

                If they just so happen to go that route or option then chances are that Canelo won't see another red cent because they would no longer be in business.
                Then he at east ran them out of business. I thought people said DAZN had deeper pockets. Canelo also has other options.

                The bold: I'd say good riddance. As long as I don't see Hearn's face again, EVER, I'm all good. They can start their experiment all over in the UK. The leadership style might fit better there.
                Last edited by BoxingIsGreat; 08-15-2020, 12:05 AM.

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                • Lance98
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                  #78
                  How about cutting ggg's money and not giving him equity? At least canelo has fought tough fights in DAZN, but ggg only fought steve rolls and got demolished by derevyanchenko. Canelo's $$$ is somewhat justified, but ggg? He is not even worth 1/4 of what he is currently getting.

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                  • jaded
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                    #79
                    A contract is a contract...sounds like DAZN is going out if business and good riddance to them if they do.

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                    • Southpawology
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                      #80
                      #BringBackHBOBoxing

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