Golden Boy eyes potential antitrust lawsuit against Haymon, PBC

May 1, 2015

There are reasons why Al Haymon never speaks, one of those may be to prevent the threat of litigation.  A recent article about Haymon’s Premier Boxing Champions may bring on an antitrust lawsuit involving rival Golden Boy Promotions as chief plaintiff.

A recent Sports Business Journal article featured Haymon’s PBC and went over how funding was structured.  Although Haymon did not provide comment for the article, factual information in it allegedly strengthened the argument that Haymon’s business model for PBC violates portions of the Muhammad Ali Boxing Reform Act.

A draft of the Complaint has been viewed by SI.com and it appears that Golden Boy Promotions is seeking a temporary restraining order and then a permanent injunction against his business practices that violate state and federal laws.  It also requests monetary damages against Haymon.

The claim is that Haymon is using his monopoly as a boxing manager to create another monopoly for promoting TV fights.

Golden Boy is hush on if and when this lawsuit may be filed.

Notably, the SI article includes a letter dated April 28, 2015, from the Association of Boxing Commissions (“ABC”) to the Department of Justice in which it claims that Haymon is in violation of the Ali Act.  Essentially, through his controlled companies Haymon is acting as manager and promoter which the ABC claims to be a violation of the “Firewall provision” of the Ali Act (specifically section 5(b) of the Act).  ABC also calls into question the contracts Haymon fighters must sign.  Essentially, ABC believes that they are in “restraint of trade” and “contrary to public policy” as the contracts exceed 12 months.  A footnote in the letter notes that UFC, Bellator and other MMA promotions have this contractual model.  It also notes that MMA is not covered by the Ali Act.

Payout Perspective:

This will be an interesting lawsuit and with the Zuffa antitrust lawsuit ongoing, we can see some major waves happening in the business of combat sports.  Haymon’s boxing business model is unique and received much scrutiny by rival promoters.  There have been attempts in the past to sue Haymon but those were summarily dismissed and/or settled.  If Haymon and PBC are sued, we may see some interesting information divulged from the factual discovery process in the lawsuit.  It could also overturn the current wealth of boxing on multiple networks by PBC.  MMA Payout will keep you posted.

50 Responses to “Golden Boy eyes potential antitrust lawsuit against Haymon, PBC”

  1. Logical on May 1st, 2015 5:44 PM

    Haymon is as shady as they come… in wanting to create a ‘UFC-monopoly-style’ in boxing he is going to anger a lot of people. He has managed to anger sanctioning bodies by attempting to block their belts and wanting to create his own, boxing promoters are not just going to sit idly while he attempts to monopolize the sport, everyone can see right through it.

    This also goes to show just how badly MMA needs to fall under the Muhammad Ali Act. If you look at some of the discoveries made by congress as reasons as to why this law was enacted it becomes obvious just how much the UFC gets away in exploiting their fighters:

    “*There are no restrictions placed on contracts that boxers agree to with promoters and managers.It is necessary to enforce a national contract reform which will guarantee the safety of professional boxers and the public from unlawful contracts and to enhance the integrity of the sport.

    *There is no rating system provided to rank professional boxers thus ratings are subjected to manipulation by those in charge.

    *The state officials are not ensuring the protection of the boxers and are not aware or informed of contracts boxers have agreed to.

    *Promoters are taking advantage of the sport by conducting dishonest business affairs. Promoters are not being punished due to some states being less strict about the legal terms that are stated in contracts.

    *Restrictive, Monopolistic & Anti-competitive bodies.”

  2. Jason Cruz on May 1st, 2015 8:51 PM

    @Logical – I agree with your sentiment but I think the Ali Act as it is currently written does little to really protect fighters when it comes down to litigating under the Act. I cannot recall a case where a fighter has prevailed under the Act. Rather, recent cases have either been dismissed or settled. I think if the Act, as suggested by some, had a provision for the parties to arbitrate the matter, we would see many more cases where a fighter prevails. At this point, most fighters being exploited do not have the financial resources to go full scale against a promoter.

  3. d on May 1st, 2015 9:39 PM

    More bad news for boxing. HAHAHA!

  4. d on May 1st, 2015 9:43 PM
  5. saldathief on May 2nd, 2015 5:47 AM

    hahha D can’t handle that the biggest sports event in years is taking place hahahaha.
    how pathetic, Even all the mma pages are reporting The Fight hahahah

  6. saldathief on May 2nd, 2015 6:05 AM

    Hahah D is too stupid to realize that all sports are basically a scam! A good promotor convinces people to buy a product, even if the product isn’t very good. Look at the UFC 90% of their product is complete crap and fans are not buying it anymore like they use to. Hard for some idiot who never wore a jock to say a fight is a scam when it hasn’t happened yet. hahah Plenty of NFL super bowls were shit. hahaha The UFC can’t even promote a good fight right and get decent numbers anymore hhahha
    can’t wait to see the final numbers for this one..
    Here is what morons like D also have no clue about. Boxing has had lawsuits for decades and is still standing stronger then ever, the UFC hasn’t had to go through any yet, will they be able to stand after? Completely different world when The UFc is basically the only game in town. BTW where are the ppv buys for the last couple of events. Also check out the UFC website Maypac hahahahahaha

  7. d on May 2nd, 2015 6:31 AM

    Hahahahahaha!!! Look at Sal come to boxing’s rescue like the homo that he is! Pathetically making up lies to defend his sport that he drools over with his fag promoter lover Bob Arum. A desperate man is praying this fight springboards the sport, unfortunately for him the writing has been on the wall for years now as that article pointed out. Boxing just doesn’t have the overall fan base or interest it once had. They can sell a huge fight only once a millennium with 2 aging stars who will be retired in a year. Then what? “Crickets”

  8. saldathief on May 2nd, 2015 7:01 AM

    hahahah D once again is clueless!. at least boxing can pull a rabbit out of the hat every few years, what can the UFC do??? NOTHING! They cant even build on a few fighters that do draw. They cant even promote a decent fight with half a billion dollars pissed away. They cant even sell a fight out anywhere hahahah oh and they lie like fuck and idiots like you believe it. wow those are great TUF numbers Bahahahahahahahaha CRICKETS!!! what is that down like 900% hahahahaha
    lets see what Rousey can draw on her next fight hahahaha oh boy I’m so excited !!! hahahahah how lame can the UFC get????

  9. d on May 2nd, 2015 7:29 AM

    HAHAHA!!! Look at him go nuts!! Sal foaming at the mouth! Such desperation. 1 fight left! Better enjoy it!! MMA’s future is huge! The fanbase is constantly growing! Boxing’s fanbase is getting older! How’s the Contender doing? HAHAHAHAHA!!! SALDAQUEEF!!!

  10. saldathief on May 2nd, 2015 7:38 AM

    mma fan base growing where?? in some fantasy universe? all numbers are way down you idiot hahahha absurd !!!!! hahhaha Yea foaming at the mouth. Vegas has almost half a million people in town tonight. thats like a UFC ppv number hahahahah Go on son. the only ones that are desperate of the Zuffa’s hahah

  11. saldathief on May 2nd, 2015 7:45 AM

    I see the tuf and Canadian fan base has gown bahahahah bahahahahha bahahahahha

  12. d on May 2nd, 2015 10:32 AM

    HAHAHA!! Biggest qtr ever for the ufc in q1 this year all Sal has is lies! HAHAHA!!! Pathetic and desperate! Enjoy the fight, you’ll be watching that forever seeing how it will be the last big fight. HAHAHAHAHA!!!

  13. saldathief on May 2nd, 2015 10:45 AM

    bahaha biggest quarter pound turd! There is no way you can even sell that garbage statement!!! Look how stupid you look!! hahaha Doors open at MGM hahahaha yea me and millions and millions will enjoy tonight!!! One of the worst quarters ever for the ufc and D tries to say its the best!! What an idiot!!! They just did a 70k ppv bahahahahah D is mentally delusional !!!!

  14. d on May 2nd, 2015 12:22 PM

    Just because you rant incoherently and do zero fact checking, doesn’t mean when others present legitimate evidence to you, they are wrong. You are just a ranting retard that no one would ever in a million years take seriously.

  15. tops E on May 2nd, 2015 12:24 PM

    Hahahaha…..cain velasquez was at the pac may media presser which is OK but him bringing along his ufc belt is weird….so its actually dw who ordered him to do so hahahaha its the ufc trying to get publicity..

    ..dw also publicly made comments about lawsuits after this fight regarding money hahahaha.after more than 10 years zuffa has taken over the ufc, they still need to promote themselves in boxing events ..this fight made the ufc look really small….

  16. saldathief on May 2nd, 2015 1:44 PM

    Her is how stupid D is, all the expenses for UFC 182 and all the money they lost for rescheduling it , was factored into 2014 numbers hahahahah So in essence they had no money out for 182 in the first quarter since in was on Jan 3. Prove me wrong! Once again D talking out his blow hole. Whenever D is exposed as being full of shit he claims the person is “foaming at the mouth” or ranting hahahahah
    Besides the UFC can legally lie and say anything they want concerning most numbers, and they do on a daily bases, except in Canada where the laws are different. and look at those recent numbers down 700% hahah D please show me a number that is up in the last year!! hahahah try real hard!!!

  17. saldathief on May 2nd, 2015 1:46 PM

    bahahha no one would know who Cain is unless he has is belt and then people have to ask someone ” what boxer is that? bahahahahhaha

  18. saldathief on May 2nd, 2015 1:48 PM

    *his spelling check for D Its hard for me to type when I am laughing so hardd hahah

  19. jjjjjj_ffffff on May 2nd, 2015 9:40 PM

    3M+ PPV buys for Pacman/ Mayweather….Biggest numbers ever…

  20. d on May 3rd, 2015 5:05 AM

    Hahaha. Watching Sal try to come up with excuses for his bullshit delusional spin of the truth is great. What a tard.

    By the way, the fight of the century last night helped pave wave for driving the sport of boxing right into the ground with another Mayweather snooze fest. How many people tweeted how boring of a fight it was? All those millions of people watching the fight know how boring most championship boxers are.

    De La Hoya said it best:

    “Im just not into the boxing, running style. I like jumping out of my seat because a fight was existing and the fans got their money’s worth.”

    http://www.bloodyelbow.com/2015/5/3/8538899/floyd-mayweather-vs-manny-pacquiao-bad-fight-oscar-de-la-hoya-says-boxing-news

  21. d on May 3rd, 2015 5:33 AM

    Some other appropriate tweets:

    “That fight was horrible. #bringheavyweightsback #knockout #actualboxing”

    -Justin Verlander

    “We waited 5 years for that… #underwhelmed #MayPac”

    -Mike Tyson

    “Underwhelming.”

    -Aaron Rodgers

    “I hope the rematch costs 9.99.”

    -Dan Haren

    “Me and @TheJimmyGraham fight woulda been better than that!”

    -Bruce Irvin

    “Well I guess the good thing is that they can both go to the clubs tonight without any bruises or cut…smh”

    -Dee Gordon

  22. saldathief on May 3rd, 2015 8:49 AM

    Its so funny that morons like Tyson and others expected some kind of barn burner, everyone knows how Floyd fights, seriously its been 48 fights, what made anyone think different? oh I know stupidity! on another note MayPac shuts down PPV with the huge demand for the fight. I guess since no one bit off anyone’s ear they underperformed! I see D has been busy googling again bahahahahha Here is something you cant google fuck tard! rule number one of being a promoter, you will never make everyone happy. That goes 10x for the UFC fans lately hahahah

  23. d on May 3rd, 2015 10:27 AM

    Hahaha. The incoherent retarded rants never cease from Saldaqueef. Boxing just had its last super fight- cue Taps.

  24. The Greatest on May 3rd, 2015 12:40 PM

    Justin Verlander shouldn’t be talking.
    No one wants to watch a baseball game for 3hrs to end 1-0. Fuck is he talkin about.

    But if u were bored by the fight, which wasnt boring, then you should’ve done your research before you invested $100.
    We know how Mayweather fights, we know what he does.
    Pacquiao was there to see if he could change that and he couldn’t, and got his ass outboxed.

    By the way D, last UFC ppv over 1m ended in injury.
    Very underwhelming

  25. d on May 3rd, 2015 12:52 PM

    Most people would probably rather watch Justin Verlander talk about concession food than watch Floyd Mayweather box. Baseball ratings destroy boxing ratings, the two sports aren’t even comparable. Check out what the ratings are for the World Series high ratings and compare them to what this fight would have done if it were on a network. Baseball would be much higher ratings wise.

    I wasn’t bored, because never in a million years would I watch a Floyd Mayweather fight. The people who were bored were the casual fans, who they probably potentially lost for future boxing matches.

    The last UFC ppv over 1m was more exciting in the first 20 seconds of the fight than the entire 36 minute Mayweather-Pacquaio bout and anyone who is not a Mayweather ball sucker would acknowledge that.

  26. The Greatest on May 3rd, 2015 2:26 PM

    Baseball ratings destroy boxing ratings?
    You dont know what baseball pulls in you moron and dont act like you do.
    If they destroy boxings ratings, then they also destroy the UFCs ratings.

    I mean for fuck sake this ppv is going to have more buyers then total ppl that watched the last UFC on Fox. Hows that for destroyed.

    By the way, ticket revenue from May-Pac was more than the ticket revenue from the Super Bowl this year and the World Series last year through 6 games.

    Chomp on that foreskin D.

  27. d on May 3rd, 2015 3:28 PM

    HAHAHAHAHA!!! Uh, NO, YOU don’t know what baseball ratings pull in. World Series baseball numbers in peak games run in the 25 million viewer range. No way a boxing match in the US would draw that you stupid idiot.

    Yeah, baseball does destroy UFC ratings, I wasn’t the one trashing the interest of baseball- you were.

    Yeah, boxing can sell ONE big fight and then there is nothing else. Their top two stars are on their way out, most of their stars are in their mid to late 30s. They have had zero ppvs this year up until last night and their last hope is to secure what the UFC already has accomplished- a big tv rights deal. Haha. Talk about destruction. Laughable.

    Did you just compare this fight to the Super Bowl? I mean did you seriously? NBC paid the NFL 1 Billion- with a B dollars just for the tv rights. That doesn’t include a ton of other revenue streams. The Super Bowl generated probably something like 10x more revenue than this fight did and the NFL as a whole for 1 season probably generates something like 30x more than the entire sport of boxing does. Also, your source of Bob Arum claiming this did more money at the gate than the Super Bowl is beyond a joke.

    Eat that shit GAYEST!

  28. d on May 3rd, 2015 4:30 PM

    This fight seems like it is springboarding mma because of how lousy it was:

    http://lasvegas.suntimes.com/las-sports/7/104/168301/ufc-over-boxing-for-fans/

    Haha. Wow. Another black eye for boxing.

  29. saldathief on May 3rd, 2015 4:37 PM

    haha Floyd made upwards of 200 million thats more then the entire operating cost of the UFC for a year bahahaha
    The haters will hate and never stop BUT THE NUMBERS DONT LIE!!! boxing has had is share of bad mega fights and guess what? Its still king!!! bahahahha
    At least bxoing can say we did a mega fight, we are still waiting and waiting and waiting and waiting for the UFC to give us one! Oh wait I forgot Rousey Cyborg is coming bahahahahah

  30. saldathief on May 3rd, 2015 4:47 PM

    The boxing haters said the same thing that retard D says ten years ago. And look how stupid they look now. Its funny how they try to spin a massive success into a failure when it comes to boxing, and when It comes to the UFC they make complete failure a success bahahaha Funny how they use boxing to try to promote their agenda that all the boxing fans are now UFC fans but the numbers aren’t there hahaha Mystical numbers of made up fans hahahaha Nice try haha

  31. saldathief on May 3rd, 2015 4:56 PM

    Yup Dana and D are right this time! All the boxing fans are going to stop watching boxing and watch the UFC now, they cant wait to watch Rousey bahahahhahah

  32. d on May 3rd, 2015 4:56 PM

    Haha. To the delusional idiot who thinks anyone made 200m for that fight. Even if it hit 300m in ppv revenue, 180m of that would go directly to Verizion/Comcast/Dish Network, etc. I doubt he even broke 100m. Keep in mind to all of the boxing nutswingers, he promoted the fight. He puts tens of millions up front to co promote the event. Sal doesn’t know anything about gross revenue or gross hygiene is for that matter which is why he continues to behave like a mutant and refuses to change his shit laced diapers.

    The rest of Sal’s rants are completely incoherent. He doesn’t realize that the voices aren’t real.

  33. d on May 3rd, 2015 4:57 PM

    Nice prediction by the way on your claims of 5m ppv buys. Haha. Idiot.

  34. saldathief on May 3rd, 2015 5:00 PM
  35. saldathief on May 3rd, 2015 5:05 PM

    hahaha numbers arnt out yet lets wait and see. Its over 3 million already hahaha
    Broke the system!!! hahha

  36. saldathief on May 3rd, 2015 5:08 PM

    D is looking at google numbers hahahahha has no clue of all the other deals wait and see fool. There will be plenty of google stories breaking it all down in due time hahaha How did Canada do? you know the big Canadian UFC market?? hahaha
    I bet maypac killed it in Canada hahahaha

  37. saldathief on May 3rd, 2015 5:12 PM
  38. saldathief on May 3rd, 2015 5:13 PM

    here fuck dick!

    Yep, “Money.” Floyd Mayweather is already $100 million richer, accepting a nine-figure check from Nevada State Athletic Commission (NSAC) shortly after his 12-round unanimous decision win over Manny Pacquiao last night (watch video highlights here). Already the richest athlete in the world, Mayweather is expected to more than double his purse last night once his share of the pay-per-view (PPV) buys and all the additional earnings are doled out. Completely out of control when you think about it — he earned more than $5 million per minute last night once his final haul is calculated. Insanity. Photo via @SportsCenter.

  39. d on May 3rd, 2015 5:20 PM

    HAHAHAHAHA!!! Sal is going crazy!! HAHAHAHA!!! Non stop posting in desperation mode. HAHAHAHA!! Arum’s got him in fag denial. HAHAHA!!! All aboard Sal’s homo express!

    FYI-Again, Sal thinks gross revenue is the same as net. He is in denial of this thing called overhead. HAHAHA!

  40. JF on May 3rd, 2015 5:25 PM

    I hate Mayweather’s style as well, but what people seem to forget is that Ali and Sugar Ray Leonard had nearly identical runaway styles which is why I always prefer Tyson and Dempsey to them.

    BTW, anyone noticed how the fight started 1 hr late? They had to delay it because cable companies’ bandwidth was overrun by the PPV demands coming in:

    http://www.telegraph.co.uk/sport/othersports/boxing/mayweather-vs-pacquiao/11579918/Pay-Per-View-glitch-hits-millions-of-fans-for-Mayweather-vs-Pacquiao-fight.html

  41. d on May 3rd, 2015 5:38 PM

    Comparing Mayweather’s style to Ali or Leonard is delusional. The latter two won by ko on a championship level- something Mayweather hasn’t done in years with the exception of when he blind sided Ortiz.

  42. The Greatest on May 3rd, 2015 10:36 PM

    “HAHAHAHAHA!!! Uh, NO, YOU don’t know what baseball ratings pull in. World Series baseball numbers in peak games run in the 25 million viewer range. No way a boxing match in the US would draw that you stupid idiot.”

    You didnt say World Series ratings, you just said baseball, like the Brewers vs the Rangers is really a big ratings pull, because it isnt.
    Would love to see those numbers, I bet they barely hit 1m if that.
    One of the NBA playoffs game did like 3.2mil, so you can bet your ass a regular baseball game isnt pulling higher than that.

    “Did you just compare this fight to the Super Bowl? I mean did you seriously? NBC paid the NFL 1 Billion- with a B dollars just for the tv rights. That doesn’t include a ton of other revenue streams. The Super Bowl generated probably something like 10x more revenue than this fight did and the NFL as a whole for 1 season probably generates something like 30x more than the entire sport of boxing does. Also, your source of Bob Arum claiming this did more money at the gate than the Super Bowl is beyond a joke.”

    I only compared the ticket revenue, idiot. And May-Pac made more then the Super Bowl and World Series on strictly ticket revenue.

    The NFL is the biggest thing in sports in America. Dont be a moron.

  43. saldathief on May 3rd, 2015 10:45 PM

    Sooo lets see, the top ufc fighter as of now is Rousey? what did she make her last fight? oh wait is that a net or a gross? bahahah Seems like the only one desperate is the UFC right now, they got nothing!!! Oh wait , Aldo and Conor? the both of them have never sold shit hahahha
    lets see Cain? bahahah no one give a fuck! who else? Edgar? Faber? great fighters but they cant sell. Oh well another year that looked promising for the UFC that quickly turned to dog shit!! hahahahhaha Great management by Dana and the girls, they just cant quite get anything right hahaha D must be scared he might lose his free fight pass!

  44. saldathief on May 3rd, 2015 10:46 PM

    What classic Champion UFC fighter can we compare Rousey to? hahahhaha

  45. saldathief on May 3rd, 2015 10:51 PM
  46. d on May 4th, 2015 12:24 AM

    Haha. Sal is going nuts. His diapers need to be changed and he needs to get his meds. HAHAHA!! Nutjob.

  47. d on May 4th, 2015 12:30 AM

    The Gayest- well seeing how you are attempting to compare the biggest financial boxing event in history and I am only taking one example of what a world series can do- the peak is actually more than 25m, it is a very fair comparison. You are attempting to compare apples with zebras. Your analogy is a fucking joke. Comparing some random regular season game from a team in the gutter is not the same as the peak of boxing. That would be like comparing some of these bullshit PBC shows on Spike to the world series numbers. You see how this works dummy?

    “I only compared the ticket revenue, idiot. And May-Pac made more then the Super Bowl and World Series on strictly ticket revenue.”

    It doesn’t matter, you are still comparing the two, yet of course ignoring the facts because you are an idiot. The numbers you are throwing out there are from Bob Fucking Arum- a professional liar. Let me see some hard facts or an unbiased source like the NSAC. Never compare boxing to the NFL or MLB again, the latter two destroy Boxing in revenue.

  48. d on May 4th, 2015 12:40 AM

    http://www.sbnation.com/2015/5/3/8540787/mayweather-vs-pacquiao-re-imagined-in-a-hilarious-punch-out-video

    The entire internet is mocking how pathetic this fight was. Hahahaha.

  49. Jack on May 4th, 2015 5:35 AM

    @Sal

    ouch, that bloodyelbow article is devastating.

  50. d on May 4th, 2015 10:16 AM

    Not nearly as devastating as the world’s response to how pathetic and horrible this fight Saturday was and the overall state of boxing. HAHAHA!

Got something to say?

You must be logged in to post a comment.