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Boxingscene.com

Golovkin Sues Managers, Hermann Brothers, For $3.5 Milllion

By Keith Idec

Gennady Golovkin wants to be paid what he feels he deserves – and not just from DAZN or Al Haymon.

According to a story posted Thursday by theblast.com, Golovkin has filed a lawsuit against his former managers, brothers Maximilian and Oleg Hermann. The ex-middleweight champion from Kazakhstan claims in the suit that the Hermann brothers took advantage of him for many years by intentionally failing to account for revenue from his fights, taking higher percentages in commissions than they were entitled to accept and failing to work on his behalf for his most recent fights.

Golovkin seeks $3.5 million in damages from them. He also wants to terminate the professional partnership.

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The 36-year-old Golovkin (38-1-1, 34 KOs) is believed to have earned nearly $25 million from his middleweight championship rematch with Canelo Alvarez (51-1-2, 35 KOs). Golovkin lost a debatable majority decision in that 12-rounder September 15 at T-Mobile Arena in Las Vegas.

Golovkin could fight Alvarez a third time later this year if he opts to sign with DAZN, the fledgling streaming service that signed Alvarez in October to a five-year, 11-fight contract that could become worth $365 million.

Sources have informed BoxingScene.com that the deal offered by DAZN president John Skipper includes at least two fights.

The second fight of that deal would be a September bout against Alvarez, if the Mexican superstar can defeat Daniel Jacobs (35-2, 29 KOs) on May 4 in Las Vegas. If he chooses DAZN, Golovkin likely will partake in the equivalent of a tune-up fight at some point in the spring.

Haymon, the influential adviser that founded Premier Boxing Champions, also has tried hard to secure Golovkin’s services. He, too, has offered Golovkin a multi-fight deal that would begin with a nondescript fight against an undetermined opponent.

If Golovkin were to sign with Haymon’s PBC and win that fight, he would then face Jermall Charlo in the second bout of that agreement. Charlo (28-0, 21 KOs) owns the WBC’s interim middleweight title and once was Golovkin’s mandatory challenger for the WBC 160-pound title he lost to Alvarez.

Keith Idec is a senior writer/columnist for BoxingScene.com. He can be reached on Twitter @Idecboxing. 

User Comments and Feedback (Register For Free To Comment) Comment by The Big Dunn on 02-08-2019

I hope fans don't say the same things about GGG they said about Floyd, Ward and Mikey when they sued.

Comment by Sweet Scions on 02-08-2019

[QUOTE=Level37scythe;19496860]Obviously you don't know who Keith Idec is, yet here you are, ignorantly arguing against an already set precedent on what constitutes bias. I made no assumptions. I stated facts. It is not controversial no matter how much you want…

Comment by Koba-Grozny on 02-08-2019

[QUOTE=Level37scythe;19496875]"...in fact any close decision in boxing is by definition debatable." Tells me all I need to know. The Mayweather-Pacquiao fight alone destroys your "fact" as it was a close but clear win for May. This makes your opinions obsolete.[/QUOTE]…

Comment by Level37scythe on 02-08-2019

[QUOTE=Koba-Grozny;19496298]It's debatable if people who appear to be otherwise reasonable are debating it... in fact any close decision in boxing is by definition a debatable result, being as how the scoring has a subjective element. Hell the 3 judges didn't…

Comment by Level37scythe on 02-08-2019

[QUOTE=Sweet Scions;19496215]Oh that's cute. The simpering infant calling for a way to block all output from a particular journalist for merely describing the reception to a pair of consecutive fights accurately and objectively is telling me to a suck a…

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