So Canelo and Golden Boy are basically done right?

[Toffee]

There is a legal term called Force Majeure, and I've mentioned it on this site before, just a couple of weeks ago.

It's a standard precaution in contracts, that releases one or both sides, from their legal obligations, due to items like strikes, wars, hurricanes, epidemics and such things which are also referred to as "acts of god"- which term is also often also included in contracts. I've seen many such. In fact I don't think I ever saw a contract without them. .

I believe, assuming that their contracts contain this common precaution, that the COVID-19 Virus Pandemic will be used by the defending party or parties. The defending party may use the clause to suspend "delivery":, in this case, until the Pandemic is over and crowds are allowed back into the stadiums.

I have read that Oscar did not present Alvarez with the contracts or proposals, which could be classed as negligent. If so then Oscar may be liable, but, if he is sued, he also may say that he didn't present it because the Pandemic made it a matter of Force Majeure..

A very interesting, unfolding legal matter. We'll see if Oscar's "head movements" and "foot-work" are up to his former expertise. If he was/is now on friendly terms with Arum, I'd ask Arum's advice, on a purely personal basis. I think he knows more about Contract Law than any handful of practicing lawyers.

Force Majeure typically gets used when a contract is impossible to fulfill. This contract can be fulfilled - it's just not the same commercial outcome.

Not saying Force Majeure couldn't apply. It would depend on the wording, but in my experience it's usually applied when an obligation can't be fulfilled.

You'd be surprised how often Force Majeure doesn't apply to COVID too, at least in my industry. Again, it depends on the wording.

[Thuglife Nelo]

Ummm. No. No, I just read whole thing again and I'm pretty sure it makes almost no sense... it's like the words and sentences are put together in a way that looks like they should be saying something reasonably sensible, but yet when you actually try to puzzle it out, they .... don't.

That’s because you don’t understand the politics. Then again, you TRY with the Canelo Clen thing. It’s usual from you.

[Thuglife Nelo]

I was lost at 'empathetic and secure'.

“If DAZN wasn’t empathetic and secure with legal terms they wouldn’t bother dealing with a resolution and proceed with the lawsuit.“

DAZN are empathetic because they are working out an issue. If they weren’t they’d take offense because their star is insinuating fraud... that’s why I said there’s a lot of inconsistency going around. DAZN are secure because their deal was with GBP whom represent Canelo? If DAZN didn’t care they’d say fook em all it’s not our problem and we’ll see all you mofos in court (knowing Oscar gone fooked up). But since that’s not the case, again:

“If DAZN wasn’t empathetic and secure with legal terms they wouldn’t bother dealing with a resolution and proceed with the lawsuit.“

If you continue reading what I wrote, I BELIEVE DAZN too has done some foul play. They are not secure. That’s why they are helping. Doesn’t that make sense?

[Motorcity Cobra]

There is a legal term called Force Majeure, and I've mentioned it on this site before, just a couple of weeks ago.

It's a standard precaution in contracts, that releases one or both sides, from their legal obligations, due to items like strikes, wars, hurricanes, epidemics and such things which are also referred to as "acts of god"- which term is also often also included in contracts. I've seen many such. In fact I don't think I ever saw a contract without them. .

I believe, assuming that their contracts contain this common precaution, that the COVID-19 Virus Pandemic will be used by the defending party or parties. The defending party may use the clause to suspend "delivery":, in this case, until the Pandemic is over and crowds are allowed back into the stadiums.

I have read that Oscar did not present Alvarez with the contracts or proposals, which could be classed as negligent. If so then Oscar may be liable, but, if he is sued, he also may say that he didn't present it because the Pandemic made it a matter of Force Majeure..

A very interesting, unfolding legal matter. We'll see if Oscar's "head movements" and "foot-work" are up to his former expertise. If he was/is now on friendly terms with Arum, I'd ask Arum's advice, on a purely personal basis. I think he knows more about Contract Law than any handful of practicing lawyers.

Your explanation of Force Majeure isn't correct. Force Majeure means ALL OPERATIONS HAVE CEASED. Golden Boy is still putting on cards. Force Majeure doesn't mean the economy isn't as good as it once was so now I can't pay you what we agreed to.

[Toffee]

“If DAZN wasn’t empathetic and secure with legal terms they wouldn’t bother dealing with a resolution and proceed with the lawsuit.“

If you continue reading what I wrote, I BELIEVE DAZN too has done some foul play. They are not secure. That’s why they are helping. Doesn’t that make sense?

You might as well be hitting a wok with a spoon.

That collection of words doesn't go together. Well, grammatically they kind of do but they don't create any point. Which is the most confusing bit.

[Motorcity Cobra]

Cmon guys, Cobra, you’re better than this... the comprehension seems lacking even you had had it in bold.

The major concern, as in the bold about approval rights, is that GBP would do as Canelo says, always, in getting the fights he wanted. Difference is that GBP had more flexibility with HBO and Showtime before to PRESENT options that benefitted everyone.

Therefore, the problem is that GBP COULDNT proceed with Canelo’s demands because GBP RELIES on DAZN funding/approval. From Canelo’s point of view, that’s not his problem of course. The Mexican was promised, and GBP couldn’t reciprocate, so GBP has been pointing the finger at DAZN.

So enough with the “breach of contract.” That’s a soft way to view it. What’s WORSE is it’s VERY HARD for us as fans to know if GBp and DAZN colluded behind the scenes. That’s what the “Fraud” is based on. Telling boxing fans to buy things based on their GBp and DAZN’s agenda without Canelo knowing guarantees or him not having the final say.

The ONLY WAY Canelo can get to DAZN is to technically file against GBP. It’s the only bridge, and I’ve said before, regardless of Canelo and Oscar’s relationship - which I believe Canelo knew about this deal mishap back in 2019 - the final straw was his missed dates and no backup funding for Canelo’s fights. Unfortunately, Canelo has to side with GBP atm but it doesn’t mean he is for them.

By now DAZN has seen that Canelo is flexible having acknowledged a 30% cut.

Realistically, if Canelo wasn’t tied to GBP, I truly believe DAZN would give Canelo more. This is what’s happening now. DAZN are trying to help both GBP and Canelo by redoing all contracts. That takes time to do, evaluation for GBP. Because King Ry and Vergil rely on Canelo’s cards imo. Ryan can now do solo headers, but it’s not good business should GBp lose Canelo or how Ryan would resonate with that.

What GBP should’ve done is get ONE Q4 fight out of the way with Canelo’s 30% cut and GBP pay for it out of pocket, the difference. At this point we don’t care about GBp’s assets or Oscar’s assets. If it means to sell a property or ownership worth $10mil then do it. In the end, GBP or Oscar can make up for that. There’s just too much insecurity from GBP they need to bite the bullet and be humbled because at this rate Canelo doesn’t care anymore for excuses from either parties the dude just wants to fight.

Regarding PBC or Top Rank and even Matchroom... I’m not sure Canelo would take those either. Though Matchroom would be the wisest. Call me crazy but I think Hearn would shift gears more than ever to make Canelo fights happen. It means he’d changed out of character not being cheap, knowing Canelo can win under your investment.

The problem is Golden Boy signed two separate contracts with conflicting wording and had each party believing they were all on the same page. And it's not a minor issue. It's the most important issue, who has final say over his opponents and the money tied to each opponent.

Why would he stick with DAZN who has reneged on not only his deal but many other sports rights deals they had? This is a company that has shown itself to be deadbeats

[Thuglife Nelo]

You might as well be hitting a wok with a spoon.

That collection of words doesn't go together. Well, grammatically they kind of do but they don't create any point. Which is the most confusing bit.

That’s because most of us are assuming we know what’s going on behind the scenes. Much of what I write insinuates benefit of doubt that it will all be resolved and not pessimistic. Context is everything. We know DAZN are helping to resolve all matters. They need a product ASAP. GBP will have to comply at least just so that Canelo can continue doing his thing.

[2ndroundko]

I'm reading lots of words but not really grasping much coherent meaning, man. Is that you or me?

it’s him. sounds like he’s grasping at straws.

[2ndroundko]

That’s because most of us are assuming we know what’s going on behind the scenes. Much of what I write insinuates benefit of doubt that it will all be resolved and not pessimistic. Context is everything. We know DAZN are helping to resolve all matters. They need a product ASAP. GBP will have to comply at least just so that Canelo can continue doing his thing.

the best they could offer canelo is pretty much the same thing that made him decide to go to court. he’s not sticking around

[Thuglife Nelo]

The problem is Golden Boy signed two separate contracts with conflicting wording and had each party believing they were all on the same page. And it's not a minor issue. It's the most important issue, who has final say over his opponents and the money tied to each opponent.

Why would he stick with DAZN who has reneged on not only his deal but many other sports rights deals they had? This is a company that has shown itself to be deadbeats

DAZN wasn’t going to pay premium for no football products when the pandemic skyrocketed.