General Professional Boxing Discussion Thread
Goto page Previous  1, 2, 3 ... 385, 386, 387 ... 512, 513, 514  Next
 
Post new topic    LakersGround.net Forum Index -> Off Topic Reply to topic
View previous topic :: View next topic  
Author Message
In_your_Eye
Star Player
Star Player


Joined: 21 Aug 2009
Posts: 1047

PostPosted: Sat Jun 27, 2015 2:33 pm    Post subject:

doughboy90650 wrote:
Provo vs Matthysse gotta be the club house leader.


Yeah no doubt, nothing else has really come close yet. Gotta love the amount of boxing on the tube, thx you Al Haymon.
Back to top
View user's profile Send private message Reply with quote
doughboy90650
Franchise Player
Franchise Player


Joined: 20 Apr 2006
Posts: 15294
Location: Southern California

PostPosted: Sat Jun 27, 2015 6:11 pm    Post subject:

In_your_Eye wrote:
doughboy90650 wrote:
Provo vs Matthysse gotta be the club house leader.


Yeah no doubt, nothing else has really come close yet. Gotta love the amount of boxing on the tube, thx you Al Haymon.


Kovalev Pascal was nice too
Back to top
View user's profile Send private message Reply with quote
doughboy90650
Franchise Player
Franchise Player


Joined: 20 Apr 2006
Posts: 15294
Location: Southern California

PostPosted: Sat Jun 27, 2015 6:13 pm    Post subject:

Oscar Valdez looks really nice. Killing Tamayo with that lead right.
Back to top
View user's profile Send private message Reply with quote
In_your_Eye
Star Player
Star Player


Joined: 21 Aug 2009
Posts: 1047

PostPosted: Sat Jun 27, 2015 6:19 pm    Post subject:

doughboy90650 wrote:
In_your_Eye wrote:
doughboy90650 wrote:
Provo vs Matthysse gotta be the club house leader.


Yeah no doubt, nothing else has really come close yet. Gotta love the amount of boxing on the tube, thx you Al Haymon.


Kovalev Pascal was nice too


Agreed, I never felt personally that Pascal had a punchers chance to turn it around. Prov had Lucas in trouble at the end there.
Valdez just needs to land some body shots and Tamayo will fold.
Back to top
View user's profile Send private message Reply with quote
jodeke
Retired Number
Retired Number


Joined: 17 Nov 2007
Posts: 67317
Location: In a world where admitting to not knowing something is considered a great way to learn.

PostPosted: Sat Jun 27, 2015 6:38 pm    Post subject:

Oscar Valdez looked very good against Ruben Tamayo. Tamayo has a chin like a rock of granite. Oscar sets his feet so he has power behind most of his punches. Five punch combs were all night long.
_________________
Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.

America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves.
Back to top
View user's profile Send private message Reply with quote
doughboy90650
Franchise Player
Franchise Player


Joined: 20 Apr 2006
Posts: 15294
Location: Southern California

PostPosted: Sat Jun 27, 2015 7:22 pm    Post subject:

In_your_Eye wrote:
doughboy90650 wrote:
In_your_Eye wrote:
doughboy90650 wrote:
Provo vs Matthysse gotta be the club house leader.


Yeah no doubt, nothing else has really come close yet. Gotta love the amount of boxing on the tube, thx you Al Haymon.


Kovalev Pascal was nice too


Agreed, I never felt personally that Pascal had a punchers chance to turn it around. Prov had Lucas in trouble at the end there.
Valdez just needs to land some body shots and Tamayo will fold.


Just thought Tamayo was born with that Mexican beard. Gotta hit him in the chin with a truck before he feels anything.
Back to top
View user's profile Send private message Reply with quote
doughboy90650
Franchise Player
Franchise Player


Joined: 20 Apr 2006
Posts: 15294
Location: Southern California

PostPosted: Sat Jun 27, 2015 7:25 pm    Post subject:

jodeke wrote:
Oscar Valdez looked very good against Ruben Tamayo. Tamayo has a chin like a rock of granite. Oscar sets his feet so he has power behind most of his punches. Five punch combs were all night long.


Just thought he looked really nice. Won't put too much on it until he gets in there against top comp but good showing against a vet.
Back to top
View user's profile Send private message Reply with quote
doughboy90650
Franchise Player
Franchise Player


Joined: 20 Apr 2006
Posts: 15294
Location: Southern California

PostPosted: Sat Jun 27, 2015 7:25 pm    Post subject:

If Bradley had longer arms, he'd be deadly.
Back to top
View user's profile Send private message Reply with quote
jodeke
Retired Number
Retired Number


Joined: 17 Nov 2007
Posts: 67317
Location: In a world where admitting to not knowing something is considered a great way to learn.

PostPosted: Sat Jun 27, 2015 7:49 pm    Post subject:

Bradley almost got knocked out. I believe he could have held on to weather the storm, there were only 10 left. Russell thought he heard the bell.
_________________
Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.

America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves.
Back to top
View user's profile Send private message Reply with quote
doughboy90650
Franchise Player
Franchise Player


Joined: 20 Apr 2006
Posts: 15294
Location: Southern California

PostPosted: Sat Jun 27, 2015 11:37 pm    Post subject:

Yeah. He got caught with a great shot. But I think he woulda made it out. Vargas didn't do that in 35 minutes and 45 seconds. Don't wait until the last 15 to finish him off. Bradley's chin is serious.
Back to top
View user's profile Send private message Reply with quote
WindyCityLakerFan
Star Player
Star Player


Joined: 18 Jul 2002
Posts: 1537
Location: Chicago

PostPosted: Sun Jun 28, 2015 6:27 am    Post subject:

Bradley might need to stop that triple g talk right now
Back to top
View user's profile Send private message Reply with quote
jodeke
Retired Number
Retired Number


Joined: 17 Nov 2007
Posts: 67317
Location: In a world where admitting to not knowing something is considered a great way to learn.

PostPosted: Sun Jun 28, 2015 9:39 am    Post subject:

LAST 39 SECONDS

If Russell hadn't stopped the fight there were on 4 seconds left. Bradley would have made it through. You may have to FF 45:08.

If Bradley had gone down I think he would have beat the 10 count and the fight would have been over.
_________________
Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.

America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves.


Last edited by jodeke on Sun Jun 28, 2015 3:26 pm; edited 1 time in total
Back to top
View user's profile Send private message Reply with quote
In_your_Eye
Star Player
Star Player


Joined: 21 Aug 2009
Posts: 1047

PostPosted: Sun Jun 28, 2015 9:48 am    Post subject:

Also Bradley is a veteran, I'll give him the benefit of the doubt that if he was in awful trouble he would simply just take a knee. They do need to make that 10 second sound distinctly different from the final bell.
Back to top
View user's profile Send private message Reply with quote
doughboy90650
Franchise Player
Franchise Player


Joined: 20 Apr 2006
Posts: 15294
Location: Southern California

PostPosted: Sun Jun 28, 2015 10:43 pm    Post subject:

^

Basically. Don't think Vargas shpd get a rematch in a fight he was clearly out worked and dominated in. Bradley and his d lady needs to look towards the either Thurman, Garcia or Khan (Might not work because Haymon vs. Arum) or move up to 54. Arum's stable at 47 is pretty wack.

Maybe even have a Bradley-Provodnikov 2.
Back to top
View user's profile Send private message Reply with quote
doughboy90650
Franchise Player
Franchise Player


Joined: 20 Apr 2006
Posts: 15294
Location: Southern California

PostPosted: Sun Jun 28, 2015 10:48 pm    Post subject:

Bradley's purse: 1.5M

Vargas: 600K

Not bad for two guys with no titles, even though they were fighting for an interim belt aka WBO bribe, errrrrrrrrrrrrr, sanctioning fee.
Back to top
View user's profile Send private message Reply with quote
Laker_Dynasty
Franchise Player
Franchise Player


Joined: 21 May 2001
Posts: 11831
Location: West LA

PostPosted: Mon Jun 29, 2015 9:36 am    Post subject:

doughboy90650 wrote:
Provo vs Matthysse gotta be the club house leader.


I like that choice.
_________________
Just chill and watch the new Dynasty evolve...

Time for the Lakers to create a whole new legacy! We want 10 more trophies boys!
Back to top
View user's profile Send private message AIM Address Reply with quote
Laker_Dynasty
Franchise Player
Franchise Player


Joined: 21 May 2001
Posts: 11831
Location: West LA

PostPosted: Mon Jun 29, 2015 9:47 am    Post subject:

So many cards on Friday, then the Bradley vs. Vargas fight on Saturday. So little time to recap my thoughts.

I will say, I've become more and more of a Bradley supporter, after he fought Provodnikov. The guy is proving, even without the power, that he has the heart of a champion and is a tough outting for anybody. And he completely outclassed Vargas, which I figured he'd do anyway, since I think Vargas has been blown out of proportion with his talent level. Tim Bradley has truly earned most of his victories (except for the "win" against Pacquiao). In the long run, I think his getting gifted the Pacquiao decision has set a path for him to be even better for the remainder of his career. I'd absolutely love to see him finally face Amir Khan! That fight can have the same type of hype it had, prior to Amir "losing" against Lamont. Did any of you notice that Tim actually adapted some of Pacquiao's techniques, when it comes to his feet? He did some double feints that had Vargas holding back punches. I'd never seen Tim use double feints so much in his past fights.

I can't even see Vargas really beating any of the top tier guys and only being competitive with the mid-tier guys at either 140 or 147.
_________________
Just chill and watch the new Dynasty evolve...

Time for the Lakers to create a whole new legacy! We want 10 more trophies boys!
Back to top
View user's profile Send private message AIM Address Reply with quote
jodeke
Retired Number
Retired Number


Joined: 17 Nov 2007
Posts: 67317
Location: In a world where admitting to not knowing something is considered a great way to learn.

PostPosted: Mon Jun 29, 2015 11:47 am    Post subject:

In this fight Bradley showed me skills I didn't believe he had. Maybe Vargas was overrated, was outclassed and showed Bradley in a light overblown by his lack of talent.
_________________
Be who you are and say what you feel because those who mind don't matter and those who matter don't mind.

America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves.
Back to top
View user's profile Send private message Reply with quote
doughboy90650
Franchise Player
Franchise Player


Joined: 20 Apr 2006
Posts: 15294
Location: Southern California

PostPosted: Thu Jul 02, 2015 5:05 pm    Post subject:

THROWBACK THURSDAY




Kendall Holt vs Ricardo Torres. Rematch from a controversial fight in Columbia where Holt was leading on the cards and was cheated, while being hit in the head with a beer.

In 61 seconds, two knockdowns, a cut, a twitching leg and a devastating KO.
Back to top
View user's profile Send private message Reply with quote
Laker_Dynasty
Franchise Player
Franchise Player


Joined: 21 May 2001
Posts: 11831
Location: West LA

PostPosted: Thu Jul 02, 2015 9:45 pm    Post subject:

Did any of you watch the gbp card on boxeo. At some point someone has to put it on youtube. Fight between Gonzalez vs. Herrera. No name guys, but Gonzalez gets my fighter of the year vote for what he did. Freaking dislocated his kneecap during the fight. Kept fighting and knocked Herrera out!
_________________
Just chill and watch the new Dynasty evolve...

Time for the Lakers to create a whole new legacy! We want 10 more trophies boys!
Back to top
View user's profile Send private message AIM Address Reply with quote
doughboy90650
Franchise Player
Franchise Player


Joined: 20 Apr 2006
Posts: 15294
Location: Southern California

PostPosted: Thu Jul 02, 2015 10:01 pm    Post subject:

That was tonight at Belasco Theater. It'll be put on soon. Has to be.
Back to top
View user's profile Send private message Reply with quote
doughboy90650
Franchise Player
Franchise Player


Joined: 20 Apr 2006
Posts: 15294
Location: Southern California

PostPosted: Thu Jul 02, 2015 10:36 pm    Post subject:

De La Hoya supports Top Rank lawsuit


Quote:

Oscar De La Hoya has come out in support of Top Rank's lawsuit.

De La Hoya's Golden Boy Promotions filed suit on May 6 against Al Haymon and his Premier Boxing Champions financial backer, Wadell & Reed, in federal court seeking $300 million in damages and alleging that Haymon and his related companies repeatedly violated antitrust laws and the Muhammad Ali Boxing Reform Act. Top Rank filed a similar suit on Wednesday, seeking $100 million and an injunction to prevent future PBC cards.

"I applaud Bob Arum and Top Rank Boxing for stepping up on behalf of fighters not only in their own stable, but all across the sport," De La Hoya said in a statement. "Those like Bob and myself who have spent the bulk of their lives around boxing understand that the Muhammad Ali Boxing Reform Act is a crucial piece of legislation that serves to protect boxers and enhance the sport.

"Golden Boy Promotions will continue to push forward with our own lawsuit to ensure our wonderful sport continues to grow in a competitive, just manner."


Per Dan Rafael






Top Rank lawsuit seeks $100M, stoppage of Al Haymon's PBC series




Quote:
When Floyd Mayweather adviser Al Haymon and Manny Pacquiao promoter Bob Arum of Top Rank spearheaded the deal to make the May 2 megafight, it was merely a ceasefire between the bitter rivals.

Their decade-long battle hit full-blast mode again Wednesday as Top Rank filed a 50-page lawsuit against Haymon in U.S. District Court in Los Angeles seeking $100 million in damages and an injunction preventing Haymon from continuing to put on his Premier Boxing Champions series, claiming he has violated federal antitrust laws and the federal Muhammad Ali Boxing Reform Act, which makes it illegal to act as both a manager (who has a fiduciary duty to a boxer) and a promoter (who does not).

Top Rank alleges that Haymon serves in both capacities for most of the nearly 200 fighters in his stable.

Top Rank also sued Waddell & Reed, a Kansas City, Missouri-based investment group that has invested more than $400 million from its $40 billion hedge fund to bankroll Haymon's PBC, which has purchased time on multiple television networks, including ESPN, NBC, CBS, Spike TV and Bounce TV, to put on cards featuring his fighters.

Top Rank has filed a lawsuit against Al Haymon, the latest battle between Bob Arum, above, and Haymon. Al Bello/Getty Images
"With the financial backing, complicity, and material assistance of Waddell & Reed and other financiers, Haymon is rigging the boxing industry so they can act as manager, promoter, sponsor, and ticket broker for nearly every major professional boxer competing in the United States, all in violation of the Muhammad Ali Boxing Reform Act, the Sherman (antitrust) Act, and a host of other state and federal laws," the suit said. "Openly defying the statutorily-mandated 'firewall' between manager and promoter -- two distinct professional roles that, as described at length below, serve fundamentally different purposes in the boxing industry -- Haymon has leveraged his dominance in the boxing management business to injure and exclude competitors in the business of promoting professional boxing matches in the United States."

The lawsuit comes two months after Oscar De La Hoya's Golden Boy Promotions filed a similar lawsuit seeking $300 million in damages from Haymon and Waddell & Reed.

"Al Haymon and Waddell & Reed are engaged in a sophisticated scheme to gain control of the boxing industry," Top Rank attorney Daniel Petrocelli of O'Melveny & Myers said. "As the lawsuit explains in detail, they are violating federal law, defying state regulators and absorbing significant short-term losses to drive legitimate operators out of the business."

Haymon attorneys Kramer Levin Naftalis and Frankel provided ESPN.com with a statement on behalf of Haymon: "The lawsuit filed today by Bob Arum and Top Rank is entirely without merit and is a cynical attempt by boxing's old guard to use the courts to undermine the accessibility, credibility and exposure of boxing that the sport so desperately needs.

"The Premier Boxing Champions series makes boxing free again, by bringing championship boxing to free TV, with a fighter-first promise and a commitment to the fans to restore boxing to the luster of its heyday. The continued success of this effort will far outlast this baseless lawsuit."

The suit claims that Haymon uses "sham" promoters -- namely Lou DiBella, Tom Brown's TGB Promotions and Leon Margules' Warriors Boxing -- to follow his orders in putting on events in order to hide his direct involvement in the promotion.

"In at least some instances, Haymon falsely and fraudulently conceals his role in promoting his clients' bouts by employing 'sham' promoters or 'frontmen' -- nominal promoters who are in fact controlled or dominated by Haymon," the suit said, adding that "for a fee" they "rent their promoters' licenses to Haymon and Waddell & Reed, and function in a perfunctory role under the instruction of Haymon. Ultimately, however, the money passes through Haymon's accounts, and Haymon makes all material decisions."


The suit points out Haymon's "brazen illegal activities" as it relates to the April 15 fight between Julio Cesar Chavez Jr. and Andrzej Fonfara, both Haymon clients. After the fight, Chavez posted on Instagram a photo of his $1.75 million check made out to his company, Chavez Jr. Promotions, LLC, from Haymon Sports, with the notation in the memo line that it was his "purse."

"Paying the purse is a classic promoter responsibility, not the job of a true manager," the suit said. "Tellingly, Chavez Jr.'s Instagram post was removed minutes after it appeared.

"While Haymon's sham promoters may formally execute contracts with venues, sponsors, broadcasters, and other stakeholders, and may submit those contracts to state athletic commissions, they do not control the negotiations. Rather, Haymon directs everything himself ... The façade of Haymon's frontmen is underscored by the fact that, more often than not, they do not have promotion contracts with the boxers themselves, as a legitimate promoter normally would."

With regard to the alleged Muhammad Ali act violations, the suit contends that Haymon has skirted the firewall that is supposed to exist between manager and promoter.

"Haymon is essentially sitting on both sides of the bargaining table," the suit said. "While purporting to act in his clients' best interests, Haymon has obtained direct and indirect financial interests in promoting his boxers -- thereby creating the very conflict of interest the Ali Act sought to remedy."

The suit contends that Haymon's interest in purchasing time on various networks with Waddell & Reed's money is in part to close as many broadcast avenues as he can to his competitors, including Top Rank.

"In order to stifle legitimate promoters from competing against PBC, Haymon has obtained exclusivity commitments from broadcasters," the suit said. "Between these predatory 'payola' payments and the expenses of promoting each televised match, Haymon and Waddell & Reed are operating at a significant short-term loss in the millions of dollars. This 'loss leader' strategy -- which Waddell & Reed has bankrolled and actively participated in -- has allowed Haymon to gain unfair advantage in the promoter market to the severe detriment of legitimate competitors like Top Rank.

"Once Haymon obtains monopoly power in the market for promoting professional boxing matches, he will recoup the losses by charging exorbitant prices to broadcasters, sponsors, and consumers. Haymon and Waddell & Reed will be the sole competitor."

The suit claims that PBC losses could surpass $200 million in the first two years. The suit also alleges that Haymon prevented Top Rank and other promoters from access to major venues, including prime Southern California boxing venues such as the Staples Center, the Forum and the StubHub Center.


"Haymon reserved prime locations such as Staples Center and The Forum so that they could not be booked by the competition, and then canceled after the competitors were forced to seek other locations," the suit said. "The tactic unfairly injured his competitors and deprived consumers of access to events with no legitimate business purpose other than to unfairly harm competition."

The suit specifically sites the March 28 featherweight title bout between Jhonny Gonzalez and Gary Russell Jr., saying Haymon booked the StubHub Center for the fight but as soon as Golden Boy and Banner Promotions, co-promoting the Lucas Matthysse-Ruslan Provodnikov bout, moved that fight to a new date and venue because StubHub was booked, Haymon moved Gonzalez-Russell to The Palms in Las Vegas.

The suit said, "Haymon's purpose in locking up the StubHub Center and alternative Southern California venues (through his network of frontmen) was unmistakable: to lock out the Provodnikov-Matthysse fight and prevent any possible cannibalization of tickets sales in the same local area" for Chavez-Fonfara, which was scheduled for three weeks later.

The suit further alleges that Haymon forbids boxers under contract to him from being promoted by Top Rank and other promoters.


"Haymon is exploiting his dominance in the management market to harm and exclude legitimate promoters from the promotion market," the suit said. "If this conduct continues unabated, and Haymon becomes the de facto sole promoter of Championship-Caliber Boxers, it will become increasingly difficult for any remaining non-Haymon boxers to gain exposure and quality opponents. In order to salvage their careers, non-Haymon boxers will have no choice but to sign up with Haymon -- on both the management and promotion sides. As Haymon's power and influence in both markets grow, he will be able to exert even more control over the entire boxing industry."

The suit points out that in April, the Association of Boxing Commissions asked U.S. Attorney General Loretta Lynch to have the Department of Justice investigate the business practices of Haymon and the PBC, and that Francisco "Paco'' Valcarcel, president of the WBO, applauded the request.

The suit also alleges that Haymon has paid boxers to refuse to spar with fighters promoted by Top Rank and refuses to permit boxers to fight others not controlled by Haymon.

"For decades, the boxing business earned a poor reputation because of some unsavory characters," Petrocelli said. "Congress stepped in and enacted laws to clean up the industry. Top Rank is trying to ensure that Al Haymon and Waddell play by the same rules as everyone else.

Back to top
View user's profile Send private message Reply with quote
Laker_Dynasty
Franchise Player
Franchise Player


Joined: 21 May 2001
Posts: 11831
Location: West LA

PostPosted: Fri Jul 03, 2015 8:37 am    Post subject:

doughboy90650 wrote:
That was tonight at Belasco Theater. It'll be put on soon. Has to be.


Yup. I watched the Spanish boxeo performance. Even though I didn't really understand any of the commentary, that fight was worth watching.
_________________
Just chill and watch the new Dynasty evolve...

Time for the Lakers to create a whole new legacy! We want 10 more trophies boys!
Back to top
View user's profile Send private message AIM Address Reply with quote
Laker_Dynasty
Franchise Player
Franchise Player


Joined: 21 May 2001
Posts: 11831
Location: West LA

PostPosted: Fri Jul 03, 2015 8:51 am    Post subject:

doughboy90650 wrote:
De La Hoya supports Top Rank lawsuit


Quote:

Oscar De La Hoya has come out in support of Top Rank's lawsuit.

De La Hoya's Golden Boy Promotions filed suit on May 6 against Al Haymon and his Premier Boxing Champions financial backer, Wadell & Reed, in federal court seeking $300 million in damages and alleging that Haymon and his related companies repeatedly violated antitrust laws and the Muhammad Ali Boxing Reform Act. Top Rank filed a similar suit on Wednesday, seeking $100 million and an injunction to prevent future PBC cards.

"I applaud Bob Arum and Top Rank Boxing for stepping up on behalf of fighters not only in their own stable, but all across the sport," De La Hoya said in a statement. "Those like Bob and myself who have spent the bulk of their lives around boxing understand that the Muhammad Ali Boxing Reform Act is a crucial piece of legislation that serves to protect boxers and enhance the sport.

"Golden Boy Promotions will continue to push forward with our own lawsuit to ensure our wonderful sport continues to grow in a competitive, just manner."


Per Dan Rafael






Top Rank lawsuit seeks $100M, stoppage of Al Haymon's PBC series




Quote:
When Floyd Mayweather adviser Al Haymon and Manny Pacquiao promoter Bob Arum of Top Rank spearheaded the deal to make the May 2 megafight, it was merely a ceasefire between the bitter rivals.

Their decade-long battle hit full-blast mode again Wednesday as Top Rank filed a 50-page lawsuit against Haymon in U.S. District Court in Los Angeles seeking $100 million in damages and an injunction preventing Haymon from continuing to put on his Premier Boxing Champions series, claiming he has violated federal antitrust laws and the federal Muhammad Ali Boxing Reform Act, which makes it illegal to act as both a manager (who has a fiduciary duty to a boxer) and a promoter (who does not).

Top Rank alleges that Haymon serves in both capacities for most of the nearly 200 fighters in his stable.

Top Rank also sued Waddell & Reed, a Kansas City, Missouri-based investment group that has invested more than $400 million from its $40 billion hedge fund to bankroll Haymon's PBC, which has purchased time on multiple television networks, including ESPN, NBC, CBS, Spike TV and Bounce TV, to put on cards featuring his fighters.

Top Rank has filed a lawsuit against Al Haymon, the latest battle between Bob Arum, above, and Haymon. Al Bello/Getty Images
"With the financial backing, complicity, and material assistance of Waddell & Reed and other financiers, Haymon is rigging the boxing industry so they can act as manager, promoter, sponsor, and ticket broker for nearly every major professional boxer competing in the United States, all in violation of the Muhammad Ali Boxing Reform Act, the Sherman (antitrust) Act, and a host of other state and federal laws," the suit said. "Openly defying the statutorily-mandated 'firewall' between manager and promoter -- two distinct professional roles that, as described at length below, serve fundamentally different purposes in the boxing industry -- Haymon has leveraged his dominance in the boxing management business to injure and exclude competitors in the business of promoting professional boxing matches in the United States."

The lawsuit comes two months after Oscar De La Hoya's Golden Boy Promotions filed a similar lawsuit seeking $300 million in damages from Haymon and Waddell & Reed.

"Al Haymon and Waddell & Reed are engaged in a sophisticated scheme to gain control of the boxing industry," Top Rank attorney Daniel Petrocelli of O'Melveny & Myers said. "As the lawsuit explains in detail, they are violating federal law, defying state regulators and absorbing significant short-term losses to drive legitimate operators out of the business."

Haymon attorneys Kramer Levin Naftalis and Frankel provided ESPN.com with a statement on behalf of Haymon: "The lawsuit filed today by Bob Arum and Top Rank is entirely without merit and is a cynical attempt by boxing's old guard to use the courts to undermine the accessibility, credibility and exposure of boxing that the sport so desperately needs.

"The Premier Boxing Champions series makes boxing free again, by bringing championship boxing to free TV, with a fighter-first promise and a commitment to the fans to restore boxing to the luster of its heyday. The continued success of this effort will far outlast this baseless lawsuit."

The suit claims that Haymon uses "sham" promoters -- namely Lou DiBella, Tom Brown's TGB Promotions and Leon Margules' Warriors Boxing -- to follow his orders in putting on events in order to hide his direct involvement in the promotion.

"In at least some instances, Haymon falsely and fraudulently conceals his role in promoting his clients' bouts by employing 'sham' promoters or 'frontmen' -- nominal promoters who are in fact controlled or dominated by Haymon," the suit said, adding that "for a fee" they "rent their promoters' licenses to Haymon and Waddell & Reed, and function in a perfunctory role under the instruction of Haymon. Ultimately, however, the money passes through Haymon's accounts, and Haymon makes all material decisions."


The suit points out Haymon's "brazen illegal activities" as it relates to the April 15 fight between Julio Cesar Chavez Jr. and Andrzej Fonfara, both Haymon clients. After the fight, Chavez posted on Instagram a photo of his $1.75 million check made out to his company, Chavez Jr. Promotions, LLC, from Haymon Sports, with the notation in the memo line that it was his "purse."

"Paying the purse is a classic promoter responsibility, not the job of a true manager," the suit said. "Tellingly, Chavez Jr.'s Instagram post was removed minutes after it appeared.

"While Haymon's sham promoters may formally execute contracts with venues, sponsors, broadcasters, and other stakeholders, and may submit those contracts to state athletic commissions, they do not control the negotiations. Rather, Haymon directs everything himself ... The façade of Haymon's frontmen is underscored by the fact that, more often than not, they do not have promotion contracts with the boxers themselves, as a legitimate promoter normally would."

With regard to the alleged Muhammad Ali act violations, the suit contends that Haymon has skirted the firewall that is supposed to exist between manager and promoter.

"Haymon is essentially sitting on both sides of the bargaining table," the suit said. "While purporting to act in his clients' best interests, Haymon has obtained direct and indirect financial interests in promoting his boxers -- thereby creating the very conflict of interest the Ali Act sought to remedy."

The suit contends that Haymon's interest in purchasing time on various networks with Waddell & Reed's money is in part to close as many broadcast avenues as he can to his competitors, including Top Rank.

"In order to stifle legitimate promoters from competing against PBC, Haymon has obtained exclusivity commitments from broadcasters," the suit said. "Between these predatory 'payola' payments and the expenses of promoting each televised match, Haymon and Waddell & Reed are operating at a significant short-term loss in the millions of dollars. This 'loss leader' strategy -- which Waddell & Reed has bankrolled and actively participated in -- has allowed Haymon to gain unfair advantage in the promoter market to the severe detriment of legitimate competitors like Top Rank.

"Once Haymon obtains monopoly power in the market for promoting professional boxing matches, he will recoup the losses by charging exorbitant prices to broadcasters, sponsors, and consumers. Haymon and Waddell & Reed will be the sole competitor."

The suit claims that PBC losses could surpass $200 million in the first two years. The suit also alleges that Haymon prevented Top Rank and other promoters from access to major venues, including prime Southern California boxing venues such as the Staples Center, the Forum and the StubHub Center.


"Haymon reserved prime locations such as Staples Center and The Forum so that they could not be booked by the competition, and then canceled after the competitors were forced to seek other locations," the suit said. "The tactic unfairly injured his competitors and deprived consumers of access to events with no legitimate business purpose other than to unfairly harm competition."

The suit specifically sites the March 28 featherweight title bout between Jhonny Gonzalez and Gary Russell Jr., saying Haymon booked the StubHub Center for the fight but as soon as Golden Boy and Banner Promotions, co-promoting the Lucas Matthysse-Ruslan Provodnikov bout, moved that fight to a new date and venue because StubHub was booked, Haymon moved Gonzalez-Russell to The Palms in Las Vegas.

The suit said, "Haymon's purpose in locking up the StubHub Center and alternative Southern California venues (through his network of frontmen) was unmistakable: to lock out the Provodnikov-Matthysse fight and prevent any possible cannibalization of tickets sales in the same local area" for Chavez-Fonfara, which was scheduled for three weeks later.

The suit further alleges that Haymon forbids boxers under contract to him from being promoted by Top Rank and other promoters.


"Haymon is exploiting his dominance in the management market to harm and exclude legitimate promoters from the promotion market," the suit said. "If this conduct continues unabated, and Haymon becomes the de facto sole promoter of Championship-Caliber Boxers, it will become increasingly difficult for any remaining non-Haymon boxers to gain exposure and quality opponents. In order to salvage their careers, non-Haymon boxers will have no choice but to sign up with Haymon -- on both the management and promotion sides. As Haymon's power and influence in both markets grow, he will be able to exert even more control over the entire boxing industry."

The suit points out that in April, the Association of Boxing Commissions asked U.S. Attorney General Loretta Lynch to have the Department of Justice investigate the business practices of Haymon and the PBC, and that Francisco "Paco'' Valcarcel, president of the WBO, applauded the request.

The suit also alleges that Haymon has paid boxers to refuse to spar with fighters promoted by Top Rank and refuses to permit boxers to fight others not controlled by Haymon.

"For decades, the boxing business earned a poor reputation because of some unsavory characters," Petrocelli said. "Congress stepped in and enacted laws to clean up the industry. Top Rank is trying to ensure that Al Haymon and Waddell play by the same rules as everyone else.



I understand the lawsuit, but I also won't be turned completely blind to the fact that Uncle Bob and GBP contributed to where Haymon ended up with the PBC series. If they had made the fights that fans truly wanted to see before, rather than going into a cold war with each other, then Haymon wouldn't have had enough ammo to pull fighters in...especially considering how much money he had made Floyd Mayweather, acting purely as an advisor. The end game is that, the fighters just want to get paid fairly and Haymon was getting his guys paid much more than TR or GBP had ever reported to get their lower level fighters paid.

In the end, I think that Top Rank actually has a good case, but I doubt they net the full amount mentioned in the lawsuit.
_________________
Just chill and watch the new Dynasty evolve...

Time for the Lakers to create a whole new legacy! We want 10 more trophies boys!
Back to top
View user's profile Send private message AIM Address Reply with quote
doughboy90650
Franchise Player
Franchise Player


Joined: 20 Apr 2006
Posts: 15294
Location: Southern California

PostPosted: Sat Jul 04, 2015 12:04 pm    Post subject:

I also see the sole reason for GBP's suit is because all those top fighters are no longer on his cards. When Oscar had those guys on GBP cards, it was fine and everything is good but now there's an issue after at least a seven year relationship with Haymon.

And one of the godfathers of corrupt boxing, Bob Arum, is now trying to get others to play by the rules. Lol.
Back to top
View user's profile Send private message Reply with quote
Display posts from previous:   
Post new topic    LakersGround.net Forum Index -> Off Topic All times are GMT - 8 Hours
Goto page Previous  1, 2, 3 ... 385, 386, 387 ... 512, 513, 514  Next
Page 386 of 514
Jump to:  

 
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum






Graphics by uberzev
© 1995-2018 LakersGround.net. All Rights Reserved. Privacy Policy. Terms of Use.
LakersGround is an unofficial news source serving the fan community since 1995.
We are in no way associated with the Los Angeles Lakers or the National Basketball Association.


Powered by phpBB