Comments Thread For: Canelo Sues DAZN, Golden Boy, De La Hoya For Breach of Contract
Collapse
-
Of course, Canelo should take less money because DAZN is losing money! Doesn't DAZN every other business voluntarily return money to their contractors and the public when they make more profits than anticipated? Oh, I guess they don't!Comment
-
I remember loeffler saying that GGG was promised a Canelo fight. Was that in the GGG's contract, or was it just verbal musings? I also recall that half of the compensation that Golovking receives from the DAZN is in the form of shares of stock. I suspect that DAZN shares are worth about as much as a bucket of spit.Comment
-
Lol. I think industry like Dan Rafael and Coppinger could foreshadow a 100 hints and you wouldn’t get it.. the subtext, more articles for the points they made across that doesn’t necessarily reflect the burden from Covid. Keywords such as “Premier” And approving names like Masvidal or Khabib show that DAZN would pay the full premium during Covid... lol “but Covid doe”Last edited by Thuglife Nelo; 09-09-2020, 07:05 AM.Comment
-
I remember loeffler saying that GGG was promised a Canelo fight. Was that in the GGG's contract, or was it just verbal musings? I also recall that half of the compensation that Golovking receives from the DAZN is in the form of shares of stock. I suspect that DAZN shares are worth about as much as a bucket of spit.Comment
-
Comment
-
GGG doesn’t have “stock” just a promised reserve (savings account) for the amount promised. That’s the equity. GGG takes half cash and the rest to his reserve each fight to be paid in full when his contract ends... as The assumption was that DAZN would be bigger by the time GGG ends his contract.Comment
-
I remember loeffler saying that GGG was promised a Canelo fight. Was that in the GGG's contract, or was it just verbal musings? I also recall that half of the compensation that Golovking receives from the DAZN is in the form of shares of stock. I suspect that DAZN shares are worth about as much as a bucket of spit.
When they were negotiating with GGG in early 2019, Oscar said he could get Canelo do a GGG trilogy fight despite Canelo having no obligation to do so.
He did this to get his own DAZN deal for his GBP fighters.
This was news to Canelo who was done with GGG eating off his name.
This caused DAZN to try and force the GGG fight by not approving any other fighters and not paying up for opponents. It was confirmed by both sides that Canelo and Andrade were in talks to fight last September but DAZN wouldn’t do the fight. This would have been a unification fight that trumps any mandatories and allowed Canelo to hold all the MW titles which was his stated goal.
Then Haymon pulled some bs forcing the IBO mandatory despite Canelo just winning the title in his previous fight. Derevenchenko priced himself out then took the same amount offered to fight GGG.
All in all GBP is supposed to represent Canelo’s interests and they weren’t doing that. DAZN offered a contract they weren’t holding up their end of.
I think this ends with a settlement and Canelo not working with a single promoter. Doing each fight as a single deal to max out his earnings.Comment
-
GGG Promotins has had Rolls and Szeremeta. $7mil cash for each fight. GGG doesn’t have stock. Just a savings reserve.Comment
Comment