Schaefer offers 3 million to Arum for Donaire's services

[XCuTioNeR]

Article Link - http://www.boxingscene.com/?m=show&opt=printable&id=61674#ixzz2Ipunrjsg


By Rick Reeno

Golden Boy Promotions CEO Richard Schaefer is rolling out the big guns. Schaefer saw a recent article on BoxingScene.com, where Top Rank's CEO Bob Arum had mentioned that conversations were taking place for a potential super bantamweight unification between Nonito Donaire (31-1, 20KOs) and Abner Mares (25-0, 13KOs) on an HBO televised date of April 13th.

Schaefer, who promotes Mares, denies that his company is having any discussions with Top Rank. According to Schaefer, the only conversations taking place are between Top Rank and Frank Espinoza, who manages Mares. Schaefer, who is well aware of the conversations, says Top Rank is offering Espinoza a "lowball" figure.

Arum has expressed his interest in making the fight, but he doesn't want to do a straight co-promotion with Golden Boy. He wants to pay Golden Boy a fee for the services of Mares. However, the Golden CEO does not believe Top Rank has any intention of matching Donaire against Mares.


To prove his theory is correct - Schaefer is putting his money where his mouth is. He is publicly offering a whopping $3 million dollars to Top Rank for the services of Donaire. He doesn't care how Top Rank and Donaire split the money, but even at a 50-50 ratio it would give the boxer his biggest payday to date.


"Basically, I've read these comments about Arum wanting to do a fight between Donaire and Mares, and it is the same bullsh*t that we went through with a potential Mayweather-Pacquiao fight. He has no intention to do it. There have been conversations going on between him and Mares' manager, Frank Espinoza, and Arum has been lowballing us for a potential fight, to provide the services of Abner Mares. This is one of the most anticipated fights in the sport, with two great, young champions fighting each other and we are not going to be disrespected by Bob Arum with a lowball offer," Schaefer told BoxingScene.com.

"Contrary, I think both fighters, Abner Mares and Nonito Donaire, deserve to make the most money in this fight. And I am willing to put up an offer, to Bob Arum, to provide the services of Nonito Donaire. I am willing to offer them $3 million dollars. I will pay Top Rank $3 million dollars, and I don't know what kind of deal they have with Donaire...probably a 50-50, so [Arum] can pay Donaire $1.5 million and he can make $1.5 million, but I don't care how they split up the $3 million."

"I obviously value this fight a little different than Bob Arum does. Maybe Bob Arum doesn't have the kind of revenue sources that we have available to him to maximize the revenues for the fighters. That's why we are the leading promoter in boxing and that's why we are offering them $3 million dollars to provide Donaire."

 

[Iceferg]

To be honest I think they should spend that 3 mil on the judges n ref if they fought.

 

[cuban23]

I appreciate fighters like Mares who just want to fight the best guys out there, and he is a great fighter but I don't know where the confidence is coming from, I really have no idea how they can be confident in this matchup. Golden Boy has to know that this is HUGE mismatch. I'm not giving Mares 7 rounds in this fight, he's getting knocked out.

It's not like Mares is a technician like Rigondeaux. He's a dumb fighter who eats punches.

We are talking about a guy who went a hard 12 rounds with Darchinyan, where some people thought he may have lost. Remember Darchinyan lost every round against Donaire and got KTFO.

So for me, I don't see where the confidence is coming from. Only one guy can beat Donaire and that's Rigo.

The only guys I want to see Donaire fight, guys that can really challenge him are Rigo, Chris John, GRJ, and perhaps Gamboa if he moves up.

 

[XCuTioNeR]

ABNER MARES ‏@abnermares00

"El contrato que le ofreci

 

[XCuTioNeR]

Nonito Donaire Jr. ‏@filipinoflash

"Hmm Todd didn't receive anything, Dunkin hasn't either. Shd I check with the water boy? Maybe he has it. GAMES! SEND A COPY IF ITS REAL"

"TODD DEBEOUFF HAS NOT RECEIVED ANYTHING AND HES SITTING AT HIS DESK ....DId ya'll send it to the water boy at Top Rank or what????"

"@abnermares00 @filipinoflash @espinozaboxing @goldenboyboxing that's not an excuse he wants to see a copy
Retweeted by Nonito Donaire Jr."

"LMAO IM trying to get this fight done and all ya'll r doing is STALLING. SEND DUNKIN a copy. What? Can't do that do prove its legit?"

"Dunkin jst left TR and theres nothing at TR so STOP the games and send DUNKIN a COPY at the very least. Or else ya'll are still talk"


Love a good cat fight.

 

[XCuTioNeR]

Steve Kim ‏@stevemaxboxing

"The sticking point in GBP's offer to TR/Donaire Im told is the fact that the offer has no set date or venue and June is a no-go for NDonaire"

 

[5acrossYOeye]

I appreciate fighters like Mares who just want to fight the best guys out there, and he is a great fighter but I don't know where the confidence is coming from,

Other than Ward, it's tough to find a better resume than Mares since his first fight with Perez in 2010.

Yhonny, Vic, Agbeko x2 (or once if you want to disregard nutsgate) Morel, and Moreno.

Better than any resume of the fighters you listed. Earned this fight more than Rigs did, that's for sure. Whether you think it's a mismatch or not doesn't mean he didn't earn the fight with Donaire. They both have been talking about fighting each other for awhile now as they've both called out their promoters.

Personally, I feel the best way to beat Nonito is to turn him into a slugger. he's shown he takes way too much punishment when drawn into a war where he becomes a one punch puncher. Mares will get an inside fight with Donaire at times but I'll still take Donaire.

Arum won't take this fight because he doesn't care about boxing fans nor does he want to lose one of his best guys to a fighter from another promotion.

One more thing...i see you mentioned the ease at which Donaire beat Vic. Remember that Tommy Hearns obliterated Robert Duran and Marvin Hagler needed the later rounds to win a decision over Duran, so obviously that meant Hearns was going to obliterate Hagler, right?

 

[BLITZD]

A lot of back and forth on twitter, Donaire is saying all he got was a letter with no venue date ect, not a contract

I'll file the whole thing under I'll believe it when I see it but at least there's effort from GB to reach out to TR, we'll see how all this plays out

 

[XCuTioNeR]

Article Link - http://www.boxingscene.com/?m=show&opt=printable&id=61876#ixzz2JOWnwzZM

by Rick Reeno

BoxingScene.com has obtained a copy of the contract that Golden Boy Promotions issued last Friday to Top Rank - offering $3 million dollars for the services of WBO super bantamweight champion Nonito Donaire (31-1, 20KOs). Last week, Golden Boy CEO Richard Schaefer created a wave of headlines when he exclusively advised BoxingScene that he was willing to offer Top Rank a sum of $3 million dollars to secure Donaire for a mega-super bantamweight unification with WBO king Abner Mares (25-0, 13KOs), who Golden Boy promotes.

Golden Boy issued the contract to Top Rank's legal counsel David Moroso, a senior attorney with the Los Angeles-based O'Melveny and Myers.

There have been ongoing discussions between Top Rank's CEO Bob Arum, and Mares' manager Frank Espinoza, but Schaefer wasn't happy with the financial offers being presented for the services of Mares. Arum wants to do the fight, but he doesn't want to take part in a straight co-promotion with Golden Boy.

On Tuesday morning, a report on BoxingScene indicating that a deal was nearly complete for a super bantamweight unification between Donaire and WBA champion Guillermo Rigondeaux. Top Rank promotes both champions and intends to stage the fight on an HBO televised date of April 13th.

Schaefer has no problem with Top Rank's decision to make Donaire vs. Rigondeaux, but he does take offense to some of the information being circulated - which claims Golden Boy never sent a legitimate contract which outlined the details of a Donaire vs. Mares promotion. Schaefer/Mares had already reached an agreement on the terms and the contract issued to Top Rank was fully executed by Golden Boy's side, which in turn binds them to the agreement.

"Donaire stating that this is not a contract is wrong. If he does not want to fight Mares then just say it, if Arum does not want to work with Golden Boy then just say it, if Donaire is not his own boss and can not fight who he wants then just say it. But they should stop making excuses," Schaefer told BoxingScene.com.

FULL CONTRACT AND TERMS -- continue long

 

[BLITZD]

Arum calls Golden Boy offer 'bull,' Schaefer says he's 'making excuses'
by Lem Satterfield
Jan 29th, 2013



On Friday afternoon, Golden Boy Promotions issued a contract offering rival Top Rank $3 million for the services of RING junior featherweight champion Nonito Donaire, one which already had secured WBC counterpart Abner Mares for a potential match on April 13.

Golden Boy CEO Richard Schaefer said the contract was sent to Top Rank lawyer David Marroso, a senior attorney with the Los Angeles-based O'Melveny and Myers law firm.

The 13-page offer, obtained by RingTV.com, would make Golden Boy the lead promoter "in association with Top Rank."

Maxboxing.com reported that Top Rank President Todd duBoef and Donaire's manager, Cameron Dunkin, acknowledged receipt of the contract and apparently turned down the prospect without having shown it to either the fighter or his wife, Rachel Donaire.

Schaefer believes that the reason neither Donaire nor Arum has accepted his offer comes down a bottom line.

"I don’t have a problem with Donaire not wanting to fight Mares or Top Rank not wanting to do business with Golden Boy," said Schaefer. "But then they should just say so and stop making excuses. Don’t ask for a contract, and then when they have it, they come up with other excuses."

Chief among the reasons for rejecting the offer, according to Top Rank CEO Bob Arum, is the fact that Golden Boy's offer proposes a June bout between Mares and Donaire, the latter of whom wants to return to an HBO-televised clash on April 13 against either WBA 122-pound beltholder Guillermo Rigondeaux or two-division beltholder Vic Darchinyan.

"It's a bulls--- offer," said Arum. "The lawyers are handling it. There is no possible way because we have a commitment to HBO. We're going ahead with that commitment on April 13 on HBO. After that, we'll revisit the situation. So he's going to fight on April 13, and he's going to fight either Rigondeaux or Darchinyan, period, end of story.

"Donaire last year was Fighter of The Year. Part of that was his efforts. But, secondly, a lot of the credit has to go to HBO, which afforded him the opportunity to fight four times last year. Four times so that he's Fighter of The Year because of his efforts, and because of Top Rank's efforts, and very importantly, because of HBO. It was HBO and the opportunities that they created and the publicity that they created that helped make Nonito the Fighter of The Year, and you don't turn your back on that, period."

Arum said he made a similar offer to Golden Boy for a Donaire-Mares clash on HBO on April 13.

"We offered a reasonable amount to them to fight, and I'm not going to negotiate in the media, but we offered them a reasonable amount to fight Mares on HBO on April 13, and they rejected that," said Arum.

"We're happy to do it. We're happy to pay Mares and Golden Boy enough to where he's going to get double what he's ever gotten before in a fight. If they want to make a fight, they negotiate on what I will pay them, because the fight has to be on HBO."

During their first public interviews regarding the situation on Monday, the Donaires told RingTV.com that they would not have signed the contract as is, largely due to the amount of time he would be out of the ring.

"From what I'm hearing, there is really no proper venue, no proper date, no later than this, no later than that, that's not good enough. And then a 90-day postponement? I mean, come on. I'm in this phase where if I can fight four times a year, then I'll fight four times a year. That's why I've given the names to Cameron of who I want to fight this year," said Donaire (31-1, 20 KOs), who was 4-0 with two knockouts over the course of 2012, and is coming off December's third-round stoppage of Jorge Arce.

"That was Rigondeaux, that was Darchynian, and that was (WBA featherweight titleholder) Chris John at the end of the year. Those are the names I gave to Cameron. But I said that I would want Mares first if Golden Boy is willing to work with us. Abner Mares is the priority from among all of those guys if they can make it happen, and they can make it legitimate. As of now, from what I'm hearing, there is no set contract as to all of that stuff, which is maybe why Cameron hasn't given me anything."

Rachel Donaire agreed with her husband, and specifically referring to a three-month postponement provision in the contract which gives Golden Boy the right to "resehedule the bout to a date not later than ninety days after the originally scheduled date."



"If Arum signs off on this, which I don't think that he would, because it's stupid, it could potentially put Nonito out of action for, at the maximum, nine months. That would mean that Arum didn't do his job as a promoter, because that would bring down Nonito's likeability down and his viewership down for sitting out for nine months," said Rachel Donaire.

Full article http://ringtv.craveonline.com/blog/177035-donaire

 

[soggyfist]

Just get it done you assholes.

 

[XCuTioNeR]

Article Link - http://www.boxingscene.com/?m=show&opt=printable&id=61898#ixzz2JTZBqB2l


"Nonito is complaining about the details on the contract and making excuses. Okay, Nonito could've easily counter offered in writing. It got me to the point of frustration and mad too and that was the only reason I was responding on Twitter because he is making it seem like we weren't doing anything. Like we were all bluff. And we weren't

 

[emcee]

If what they're saying about a Rigondeaux contract is true, I don't care about this fight atm. Rigo is the tougher opponent for Donaire.

 

[BLITZD]

more back and forth:




ARUM RIPS GOLDEN BOY CONTRACT FOR DONAIRE-MARES

By Ronnie Nathanielsz
PhilBoxing.com
Wed, 30 Jan 2013



Top Rank promoter Bob Arum has ripped the contract submitted by Golden Boy Promotions CEO Richard Schaefer offering “Fighter of the Year” Nonito “The Filipino Flassh” Donaire $3 million to fight WBC champion Abner Mares in June in a signed contract sent to Arum’s lawyer David Marroso.

Arum told the Manila Standard that “Nonito knows – and he’s nice boy and realizes it – that because of HBO he has been able to fight four times on television last year and that enabled him to become ‘Fighter of the Year’. It would be the essence of disloyalty on his part and on my part if we allowed a fight with Nonito and Mares to be on Showtime” which is considered the much smaller network on which Mares’ fights are telecast.

Arum also pointed that Schaefer knows that “June is not a possible date for Nonito because (his wife) Rachel is scheduled to have a baby in June” and he made it very clear weeks ago that June-July were out.

The astute Top Rank promoter cited a provision in the contract which he said states if the fight doesn’t push through “for any reason, there’s no liability and he walks away. Look what they snuck in there.”

Arum added, “in other words he promises $3 million go down that road and then he can’t get that from a network and he realizes the fight isn’t worth $4 or $5 million he just walks away with no liability!”

The Top Rank promoter disclosed “we have a commitment on April 13 to HBO which we are going to honor and we are going to make an announcement on the fight shortly, probably by the end of the week.” Several weeks ago Arum told us Donaire’s opponent would be WBA champion Guillermo Rigondeaux. The former Cuban Olympic gold medalist.


Full article
http://philboxing.com/news/story-79961.html





Mares To Donaire: I'll Fight on 4/13, Send Your Counter!
Posted by: Luis Sandoval on 1/30/2013 .


Things have got very interesting in the last couple days in negotiations between Golden Boy Promotions and Top Rank over a possible Nonito Donaire-Abner Mares fight. Golden Boy made both a verbal and written offer of 3 million dollars to Top Rank for the services of Nonito Donaire for a fight to take place no later than June 30, 2013. Rick Reeno has since posted a copy of the 13 page contract on BoxingScene: http://www.boxingscene.com/donaire-vs-mares-full-contract-details-revealed--61876

Top Rank and Donaire’s manager Cameron Dunkin have acknowledged receipt of Golden Boy’s contract but turned down the offer and will continue with a proposed April 13th fight with possible opponents WBA Super Bantamweight champion Guillermo Rigondeaux and Vic Darchinyan. Donaire also cited there were details in the contract he was not on board with.

Abner Mares was on the most recent edition of BoxingScene’s official radio show - The Boxing Lab - and shared his thoughts on the situation and Top Rank not accepting the offer his promotional company sent over. Mares felt if there were issues in the contract that Donaire and his team did not agree with, they should have submitted a counter-offer and tried to negotiate to reach an agreement.

"Nonito is complaining about the details on the contract and making excuses. Okay, Nonito could've easily counter offered in writing. It got me to the point of frustration and mad too and that was the only reason I was responding on Twitter because he is making it seem like we weren't doing anything. Like we were all bluff. And we weren't” said Mares.

“My promotional [company] said 'here's 3 mil' and Nonito said 'no, that's just bluff, put it on paper'. What did we do? We put it on paper. [Then they said] 'Oh, that's not a legitimate contract'. What did we do? We put it out there, 13 pages. And now what's his excuse? 'Oh, it’s not a good contract'. Well send your counter offer and we'll make it happen. But that only lets us know he's not trying to make the fight happen. I'm not saying he's scared of me, a lot of people are saying he's not scared of me. Of course he's not, he's a fighter but let's make that fight happen for the fans”.

Another underlying problem is that Donaire has already said he would be taking time off for the birth of his first baby with his wife Rachel Donaire and would not be boxing from June to August. Golden Boy’s contract stated they had up until June 30, 2013 to make the fight happen.

Mares said that would not be an issue as not only would he be ready to go April 13th when Donaire is looking to fight, he’s fighting in April regardless if Donaire accepts the fight or not.

Full Article: http://www.boxingscene.com/mares-donaire-ill-fight-on-4-13-send-your-counter--61898

 

[XCuTioNeR]

Boxing Scene ‏@boxingscene

"Abner Mares Vacating The WBC Title, Heading Up To 126 - Boxing News http://shar.es/CEvF4 "


Seems to small for FW.
Damn Arum.

 

[Ganiccus]

lol at his excuses seriously, is there anyone dumb enough to fall for that crap or what?

Errrp derp, commitment to HBO! We can't do the fight!
Errrp derp, Nonito has a baby in June, he can't fight!
Errrp derp, we don't believe they have the money, that contract ain't no good!

 

[Ganiccus]

oh yeah and lol at Arum and his "loyalty" to HBO, the man who put Pacquiao vs Mosley on Showtime. Greedy pig. Promoter bashing is not ban worthy right?

 

[emcee]

Boxing Scene ‏@boxingscene

"Abner Mares Vacating The WBC Title, Heading Up To 126 - Boxing News http://shar.es/CEvF4 "


Seems to small for FW.
Damn Arum.

Bye bye to Mares's career. I don't even think Donaire will be successful at FW when he finally moves up. Mares will be a human sacrifice to that division.

 

[cuban23]

If what they're saying about a Rigondeaux contract is true, I don't care about this fight atm. Rigo is the tougher opponent for Donaire.

I might be biased, but imo he's the only one in that division that can beat him.

Also, this contract that GB offered is a complete joke...

GB is basically hoping for a network (HBO or Showtime) to put up $5M for the fight (Donaire would get 3M and then Mares would get the rest).... Which is ridiculous considering that Chavez- Martinez, didn't even get a split that big from HBO and Chavez Jr. is a way bigger name than Mares will ever be.

Then GBP writes that they are not liable if the fight does not take place... I wonder why they added that? hmm could it be perhaps that they knew that no network is stupid enough to pay that much money for bantamweights???

Then another stupid part in the contract is, that If Donaire were to win he has to give Mares a rematch in 90 days...

Seriously who would sign a contract like that?

Donaire should do what's right. Fight Rigo, who is better than Mares, and then move up to FW.