Discussion in 'Boxing Discussion' started by Lazy Man, Jul 10, 2010.
EXCLUSIVE: Golden Boy Promotions Suspended By NY Commission
Wow Some of these guys are just to damn greedy man
Good, bout time somebody brought GBP back down to earth. Withholding money from you lower tier fighters sounds like a pretty shitty thing to do, but for all we know Campbell and Ortiz might have been OK with it so i dnt know what to think. Glad the NY commision isn't turning the other cheek though.
I knew which card they were suspended for before I opened the link
honestly, that whole deal was real fishy, and I'm glad they didn't let it blow over
Not that the NYSAC is some pillar of boxing reform...
If that is the case why aren't the CASC and NSAC banning them.
Because the fight in question took place in NY.
Hah hah hah, Golden Boy De La Hoya following in Don King and Bob Arums's side-winding footsteps. Boy still has something to learn though about not getting caught!
To be serious, it's too bad that's the way business is being conducted by Golden Boy, with a former fighter short-changing other fighters especially when he knows firsthand about elite fighters sacrifice and dedication. Don't make excuses now, Oscar's the head, he's accountable. But hey, even when De La Hoya was an active fighter, he was short-changing other fighters then too wasn't he: his opponents!
When Oscar went up to Middleweight to challenge long-time Middle Champ Hopkins, it was the Champ Hopkins who got the short-end 40% and the challenger De La Hoya commanding the lion's share 60%.
That was Hopkins accepting reality and betraying some of those principles he's always harping on about.
The problem is the hyping of fighters who haven't proven anything yet. You have bidding wars on prospects who promoters bet on having the personality to draw fans in the future, but then they end up getting stuck with these grossly inflated guarantees. Guys like Berto, who can't draw flies to shit, are guaranteed $1M a fight, and it has to come from somewhere. A lot easier to jerk the fighters that they have less invested in. At least Khan seems to draw some fans, but Berto and Dawson, even as talented young fighters, have not proven themselves to be worth their salary based on their ability to put asses in seats.
Victor Ortiz is one of their best up and commers. WTF were they thinking?
De La Hoya will be ashamed of this garbage, I'm sure.
From a article in 2006.
Duva questioned Golden Boy's motives, saying, "When you're running your business with the intention of running your competitors out of business, it's a shame. Because when you succeed what do you have? You have Wal-Mart.
"Either Golden Boy, Oscar, becomes the single distributor of boxing to HBO, in which case HBO will have to pay whatever he tells them, or at some point the fighters will have nowhere to go and he'll tell them how much they're making, maybe both. If you want to get your fighter on HBO you're going to have to fight a Golden Boy fighter because they have all the dates. And HBO says no they don't, but they do."
Is Golden Boy's business bad for boxing? - Boxing - CBSSports.com
Glad the boxing commission stood up for the fighters. Oscar's and Schaeffer's heads were already inflated. They needed someone to put them in their place. Sucks for Ortiz and Campbell.
i think dawson has proven himself as an a elite fighter his problem is that gary shaw is a lazy promoter be interesting to see how the ring reports on this
1. Clearly the writer has a hate on for GDP as evidenced by his string of accusations at the beginning of the article (most of which were unrelated to the suspension).
2. Good for the NY Commission for standing up on this issue. I'll wait for the investigation before I say shame on GDP since it is all accusations right now. Promoters need to have a real governing body overseeing their conduct. Rare to see one of the commissions actually take that seriously.
3. Some of the other posts on this thread relate to GDP's overall strategy, including their close relationship with HBO. Some people might not like it but it seems like good business to me and in no way illegal. Their are pro's and con's to a UFC type model in boxing. Personally I think that a monopoly is highly, highly unlikely anyway. However, additional consolidation of the market might not be a bad thing.
He has proven himself as an elite fighter, but not as a guy who can sell tickets.
Salaries have to come from somewhere, and if you only draw a few thousand people in your hometown, it is tough to justify making a million a fight. It forces either horrible undercards to keep costs down, or guys get shorted like in the TS's article. Guys should not be making those guarantees until they are a proven commodity.
Yea, they rig fights all the time IMO
not to mention all the other greedy, illegal shit they do
im not a fan of theirs
NYSAC Lifts Suspension Of Golden Boy And Clears Its Name
Obviously it's a Golden Boy Press Release... or at least it reads like a Golden Boy Press Release but it looks like this was a bit of a storm in a tea cup.
Brooklyn arena positioned to host boxing events - ESPN
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