Comments Thread For: Canelo Sues DAZN, Golden Boy, De La Hoya For Breach of Contract
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FYI. DAZN has a contract with GB to pay $40 million to stream Canelo's fights. Golden Boy, in turn, has a contract with Canelo that guarantees Canelo $35 million per fight, plus a percentage of the sponsorship and gate revenues. And it gets more complicated from there.Comment
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DAZN was forcing Canelo to fight the best fighters out there but Canelo rejected, the boxing public is tired of these so called top fighters fighting nobodies. People want to see the best fighting the best but Canelo just wants to fight the least risks fights and still get paid.Comment
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There are some executive changes coming to DAZN. As Martin Ross reports at SportBusiness.com, Simon Denyer is leaving his CEO role. Denyer (seen at left above) is a long-time figure with what’s now DAZN, as he co-founded former parent Perform Group with Oli Slipper in 2007 and then became CEO of the DAZN side in Read more...
Blavatnik actually promoted Simon Denyer. Denyer no longer runs dazn, James Rushton does. Denyer's in a different department for Access.
this is james rushton
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eddie doesnt deal with canelo, oscar does. that had nothing to do with eddie.
when hbo backed out of it..dazn had the chance to sign Canelo, they took it..and got goldenboy and their archives with it.Comment
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Honestly, I'm not sure where Canelo's head is at. Could he be thinking, maybe it's good to get out with a massive pay check considering these times, it's going to be hard to demand a huge purse? Doing that and not getting hit in the process.
OR, somehow force these greedy promoters to come up with funds from who knows where at this point, to pay a guy for a fight against a jobber and charge PPV prices. PPV prices that nobody wants to pay these days in our current economic condition.
At this point, can you make a real solid top 10 guys you want to see Canelo face right this minuite and you will pay good money for?Comment
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I think those characterising this as a mess describe it well.
From what is being reported, I think Canelo didn't have much choice in taking this to litigation. I think that all parties probably understood that the spirit of the contract was that DAZN wanted big fights, but it's what is specified in the contract that counts.
I disagree that the contract will end up frustrated. That DAZN has other boxing events going on suggests the pandemic has not frustrated DAZN's purpose for entering into the contract. They still want to do big boxing shows. They just don't want to pay as much unless they get matches against specific opponents. Who knows if that is in the contract, but Canelo's actions suggest it isn't.
To my mind, the big loser in this will be Golden Boy.Comment
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According to fat Dan the contract wording stipulates that it's negotiable who Canelo fights. So it sounds like a slam dunk that Canelo wins this lawsuit. I imagine that DAZN will settle out of court and everything will get ironed out regarding Canelos next fight.Comment
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