“As boxing’s major antitrust case gears up for trial, more financial figures, emails and documents were released to the public.”
Especially interesting is Golden Boy’s absolute financial reliance on Canelo, who “accounted for 94% of Golden Boy’s income from boxing operations in 2015”.
Any wonder why he’s fighting Khan, Smith & Chavez Jr., all on PPV, instead of Golovkin?
Also interesting are emails between the Golden Boy PR director & a journalist, discussing ways in which critical articles on Haymon can be penned. The discussions include the journalist, Hesiquio Balderas labelling Haymon “black hitler”, as well as further racist language.
“Golden Boy’s antitrust lawsuit against boxing’s power manager Al Haymon is, for the moment, in the hands of U.S. Federal Judge John F. Walter. On Oct. 31, Haymon and his corporate entities filed motions for summary judgment, leading to a barrage of public disclosures including deposition excerpts and declarations from some of boxing’s key figures: Al Haymon, Oscar De La Hoya, Bernard Hopkins, Roberto Diaz, Eric Gomez, Michael Ring, Kathy Duva, Kery Davis, and Gary Shaw.
Judge Walter will soon decide whether there are any genuine disputes of material fact in Golden Boy’s case that should proceed to trial on Mar. 14 in Los Angeles. If he rules that no reasonable jury could ever side with Golden Boy, the case will be over.
From the bombardment of public filings over the past month, the strategies and arguments that each side is currently making and will make in the event of a trial are starting to take shape. At the most basic level, Golden Boy claims Al Haymon is attempting to monopolize the boxing promotion market and will use his power to harm broadcasters, sponsors, fans, and boxers. Haymon argues he is not a boxing promoter and is only looking out for his clients’ best interest as their manager by advising them to avoid “one-sided, long-term promotional agreements” from Golden Boy and other promoters.”