Dana and the greedy people behind him want to have a monopoly on boxing. Besides MMA it's the only sport where millions are. He should rather consolidate the fading UFC dominance instead of having two foot in two worlds, especially in one he knows nothing about.
Even with money, Boxing is so divided than it will never be unified into one single organization for historical and political reasons. Look at Turki, did he build his own promotion on his own alone, no, he could even not build an army of Saudi boxers prospects, though he makes things happen, interesting things, but nothing much.
In boxing, all you can do with money is to be a bridge, not your own island.
The wish to remove the Ali Act is not a good sign of good intention. They want to have unlimited power and restriction to do anything they want without consequences.
Right now, what Dana needs to understand is that most mma fighters are dogs, but most boxers are wolves. Boxing is structured as a wolf sport, not as a dog sport, trying to make it a dog sport is a disgrace.
"In the big picture, the Ali Act sought to apply the most basic federal-level oversight (if not full-on enforcement) of best practices meant to reduce the likelihood that boxers could be exploited by an existing system of governance that was as decentralized as it was unregulated, opaque, and corrupt. While the act did not create a single top-down governing body for the sport in the US, it empowered state athletic commissions to put clearer rules and transparencies in place as it relates to a laundry list of factors including:
- The sanctity of contracts and assurances of compensation
- Fighter rating systems and how title challengers are determined
- Conflicts of interest
- The relationships between athletes and their managers and promoters
- Yes, folks, full-on criminal conspiracies and racketeering!
For example, the act requires promoters to (1) submit copies of all fight contracts and related agreements between themselves and participating fighters to the relevant state athletic commission and (2) communicate to fighters what their own shares of fight-related revenues are separate from the athletes’ purses.
All told, while the law has drawn several entirely reasonable criticisms — for instance, it grants power to state agencies to enforce new rules without explaining in much of any detail what those rules ought to be, and certain rules simply go unenforced altogether — the Muhammad Ali Act is generally considered a step forward for boxing and the dignity and safety of its athletes, even if just a modest one."
MORE ABOUT THE
ALI ACT.
My opinion is that the Saudis never bringed the blueprint, but only the cashflow. Turki as a official job is to increase Saudi's soft power, by making events happening in his country.
If you really want to increase your country soft power when you are wealthy, build a huge boxing complex, pick orphans from the streets, select them, develop them, and build the next Saudi Naoya Inoue, the next Saudi Floyd, the next Saudi Tyson.
Saudi Arabia needs icons more than they need foreigner icons to compete in bouts in their country. When they will understand that, probably never.