Bob Arum On Fury vs Wilder 3: “We’re Optimistic That We’ll Be Able To Do The Event In Nevada, In Las Vegas”

By: Hans Themistode It’s been difficult to associate anything superlative with this year.  From no fans allowed inside of arenas, to boxers such as Manny Pacquiao and Mikey Garcia doubtful to make an appearance this year, things have been rough for boxing fans.  Before COVID-19 wrapped it’s disease-ridden hands around the world’s once healthy shoulders, a third matchup between current WBC and lineal heavyweight champion Tyson Fury and former belt holder Deontay Wilder led the way in terms of the most anticipated matchup left on the schedule.  Yet, with no fans in attendance, it appeared that both big men were either going to have to sit out the remainder of the year, or be satisfied with the sound of their fist cracking each other in the head as background noise.  Now however, it appears neither option will be necessary.  “We're optimistic that we'll be able to do the event in Nevada, in Las Vegas,” said Arum to ESPN. With roughly half a century worth of experience, Arum has adjusted his business model on more than one occasion. Some of his top current stars such as WBO welterweight titlist Terence Crawford and unified champ Vasiliy Lomachenko have not only agreed to fighting in an empty arena, but also a reduction in purse. Despite that, when it comes to one of the biggest trilogy contests in heavyweight history, Arum believes that having both men slug it out in an empty arena would do it no justice.  With that being said, Arum is no doctor. But he has done his due diligence in order to bring fans inside of the venue come fight night. “That's what we're moving ahead on, on all fronts, with the security, with the virus, and everything.” With Arum making the MGM Grand Conference Center in Las Vegas, Nevada the host for most of his events, it comes as no surprise that the 88 year old has turned in their direction to host Wilder vs Fury 3. Only, it won’t be the MGM Grand Conference Center but the newly built Allegiant Stadium which holds just north of 70,000 people.  Arum’s target date would be roughly a week before Christmas on December 19th. And although things aren't set in stone just yet, the long time promoter is putting all of the pieces into place.   “We're talking with everybody here in town, and with the Raiders.” The post Bob Arum On Fury vs Wilder 3: “We’re Optimistic That We’ll Be Able To Do The Event In Nevada, In Las Vegas” appeared first on BoxingInsider.com.

Bob Arum On Fury vs Wilder 3: “We’re Optimistic That We’ll Be Able To Do The Event In Nevada, In Las Vegas”

By: Hans Themistode

It’s been difficult to associate anything superlative with this year. 

From no fans allowed inside of arenas, to boxers such as Manny Pacquiao and Mikey Garcia doubtful to make an appearance this year, things have been rough for boxing fans. 

Before COVID-19 wrapped it’s disease-ridden hands around the world’s once healthy shoulders, a third matchup between current WBC and lineal heavyweight champion Tyson Fury and former belt holder Deontay Wilder led the way in terms of the most anticipated matchup left on the schedule. 

Yet, with no fans in attendance, it appeared that both big men were either going to have to sit out the remainder of the year, or be satisfied with the sound of their fist cracking each other in the head as background noise. 

Now however, it appears neither option will be necessary. 

“We're optimistic that we'll be able to do the event in Nevada, in Las Vegas,” said Arum to ESPN.

With roughly half a century worth of experience, Arum has adjusted his business model on more than one occasion. Some of his top current stars such as WBO welterweight titlist Terence Crawford and unified champ Vasiliy Lomachenko have not only agreed to fighting in an empty arena, but also a reduction in purse. Despite that, when it comes to one of the biggest trilogy contests in heavyweight history, Arum believes that having both men slug it out in an empty arena would do it no justice. 

With that being said, Arum is no doctor. But he has done his due diligence in order to bring fans inside of the venue come fight night.

“That's what we're moving ahead on, on all fronts, with the security, with the virus, and everything.”

With Arum making the MGM Grand Conference Center in Las Vegas, Nevada the host for most of his events, it comes as no surprise that the 88 year old has turned in their direction to host Wilder vs Fury 3. Only, it won’t be the MGM Grand Conference Center but the newly built Allegiant Stadium which holds just north of 70,000 people. 

Arum’s target date would be roughly a week before Christmas on December 19th. And although things aren't set in stone just yet, the long time promoter is putting all of the pieces into place.  

“We're talking with everybody here in town, and with the Raiders.”

The post Bob Arum On Fury vs Wilder 3: “We’re Optimistic That We’ll Be Able To Do The Event In Nevada, In Las Vegas” appeared first on BoxingInsider.com.

Source : Boxing Insider More   

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Canelo Alvarez Loses Round One Of Lawsuit Claim, Now Has Until September 28th To Amend

By: Hans Themistode Canelo Alvarez has never met a judge that he hasn't seen eye to eye with. With questionable scorecards in bouts against Austin Trout, Erislandy Lara, back to back Gennadiy Golovkin fights and even Floyd Mayweather, Alvarez can seemingly do no wrong in the eyes of the judges.  Yet this past Friday afternoon, one judge in particular, didn't score a victory in his favor.  Just a few days after filing a lawsuit against DAZN and his own promoter in Oscar De La Hoya and Golden Boy, Alvarez’s suit was dismissed by the U.S. District Court in the Central District of California.  With multiple parties named in the suit of Alvarez, it is now up to the pound for pound star and his legal team, The Maloney Firm, to provide more information on the accused.  “Because the Complaint alleges the citizenship of the LLC defendants as if they were corporations, rather than as limited liability companies, the Complaint has not properly alleged the citizenship of those parties,” said district judge Percy Anderson. “Absent unusual circumstances, a party seeking to invoke diversity jurisdiction should be able to allege affirmatively the actual citizenship of the relevant parties. As a result, Plaintiffs’ allegations are not sufficient to invoke this Court’s diversity jurisdiction.” Issues between Alvarez and both DAZN along with Golden Boy, stem from one long standing matter. Although Alvarez signed a contract in 2018 worth $365 million dollars with the streaming company, a record setting amount at the time, he has yet to actually see his contract. The aforementioned contract is between DAZN and Golden Boy and when Alvarez is set to enter the ring, Golden Boy issues him his payment.  This setup has long bothered Alvarez, and despite multiple attempts at viewing his own contract, he has been denied.  The attorney of the Mexican native however, was able to gain a copy of his agreement and found something eye catching. DAZN has been heavily against most of the opponents Alvarez has chosen to face. Matchups against WBO super middleweight titlist Billy Joe Saunders and WBA belt holder Callum Smith were turned down by the streaming company. The reasoning behind their refusal to back those contests is because they would rather Alvarez face a “premier” opponent. The company eyed matchups with UFC stars Khabib Nurmagomedov and Jorge Masvidal as well as the promoter of Alvarez in Oscar De La Hoya as individuals who fit that criteria.  In addition to opponent selection, DAZN has decided to massively reduce the roughly $35 million per fight he is owed as well. A condition that Alvarez was willing to acquiesce to. His lawyers however, believe that Alvarez doesn’t have to follow any of those terms as none of it is found in his contract. “Alvarez’ opponents would be mutually selected by [Alvarez] and [Golden Boy Promotions], subject to [Alvarez’s] final approval, not to be unreasonably withheld,” according to language in his contract. While Alvarez may seem to have all of the firepower that he needs to move forward, a judge has ruled that both he and his legal team still have more work to do before they can ultimately move forward and have until September 28th to do so.  “Accordingly, the Court dismisses Plaintiffs’ Complaint for lack of subject matter jurisdiction,” judge Anderson stated in the dismissal. “A district court may, and should, grant leave to amend when it appears that subject matter jurisdiction may exist, even though the complaint inadequately alleges jurisdiction. See 28 U.S.C. § 1653; Trentacosta v. Frontier Pacific Aircraft Industries, Inc., 813 F.2d 1553, 1555 (9th Cir. 1987). Therefore, the Court grants Plaintiffs leave to amend the Complaint to establish federal subject matter jurisdiction.” The post Canelo Alvarez Loses Round One Of Lawsuit Claim, Now Has Until September 28th To Amend appeared first on BoxingInsider.com.

Canelo Alvarez Loses Round One Of Lawsuit Claim, Now Has Until September 28th To Amend

By: Hans Themistode

Canelo Alvarez has never met a judge that he hasn't seen eye to eye with. With questionable scorecards in bouts against Austin Trout, Erislandy Lara, back to back Gennadiy Golovkin fights and even Floyd Mayweather, Alvarez can seemingly do no wrong in the eyes of the judges. 

Yet this past Friday afternoon, one judge in particular, didn't score a victory in his favor. 

Just a few days after filing a lawsuit against DAZN and his own promoter in Oscar De La Hoya and Golden Boy, Alvarez’s suit was dismissed by the U.S. District Court in the Central District of California. 

With multiple parties named in the suit of Alvarez, it is now up to the pound for pound star and his legal team, The Maloney Firm, to provide more information on the accused. 

“Because the Complaint alleges the citizenship of the LLC defendants as if they were corporations, rather than as limited liability companies, the Complaint has not properly alleged the citizenship of those parties,” said district judge Percy Anderson. “Absent unusual circumstances, a party seeking to invoke diversity jurisdiction should be able to allege affirmatively the actual citizenship of the relevant parties. As a result, Plaintiffs’ allegations are not sufficient to invoke this Court’s diversity jurisdiction.”

Issues between Alvarez and both DAZN along with Golden Boy, stem from one long standing matter. Although Alvarez signed a contract in 2018 worth $365 million dollars with the streaming company, a record setting amount at the time, he has yet to actually see his contract. The aforementioned contract is between DAZN and Golden Boy and when Alvarez is set to enter the ring, Golden Boy issues him his payment. 

This setup has long bothered Alvarez, and despite multiple attempts at viewing his own contract, he has been denied. 

The attorney of the Mexican native however, was able to gain a copy of his agreement and found something eye catching.

DAZN has been heavily against most of the opponents Alvarez has chosen to face. Matchups against WBO super middleweight titlist Billy Joe Saunders and WBA belt holder Callum Smith were turned down by the streaming company. The reasoning behind their refusal to back those contests is because they would rather Alvarez face a “premier” opponent. The company eyed matchups with UFC stars Khabib Nurmagomedov and Jorge Masvidal as well as the promoter of Alvarez in Oscar De La Hoya as individuals who fit that criteria. 

In addition to opponent selection, DAZN has decided to massively reduce the roughly $35 million per fight he is owed as well. A condition that Alvarez was willing to acquiesce to. His lawyers however, believe that Alvarez doesn’t have to follow any of those terms as none of it is found in his contract.

“Alvarez’ opponents would be mutually selected by [Alvarez] and [Golden Boy Promotions], subject to [Alvarez’s] final approval, not to be unreasonably withheld,” according to language in his contract.

While Alvarez may seem to have all of the firepower that he needs to move forward, a judge has ruled that both he and his legal team still have more work to do before they can ultimately move forward and have until September 28th to do so. 

“Accordingly, the Court dismisses Plaintiffs’ Complaint for lack of subject matter jurisdiction,” judge Anderson stated in the dismissal. “A district court may, and should, grant leave to amend when it appears that subject matter jurisdiction may exist, even though the complaint inadequately alleges jurisdiction. See 28 U.S.C. § 1653; Trentacosta v. Frontier Pacific Aircraft Industries, Inc., 813 F.2d 1553, 1555 (9th Cir. 1987). Therefore, the Court grants Plaintiffs leave to amend the Complaint to establish federal subject matter jurisdiction.”

The post Canelo Alvarez Loses Round One Of Lawsuit Claim, Now Has Until September 28th To Amend appeared first on BoxingInsider.com.

Source : Boxing Insider More   

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