Al Haymon’s attorneys filed its Bill of Costs with the court in the antitrust lawsuit brought by Golden Boy Boxing. As the prevailing party at the trial court level, its entitled to its costs which is slightly under $35,000 but they may not see this amount.
Golden Boy filed a Notice of Appeal to the Federal Circuit Court as the trial court dismissed its lawsuit against Al Haymon in February. Under Federal Rule 54(d)(1), legal costs (not attorney legal fees) should be allowed to a prevailing party. The costs include almost $30,000 in deposition costs for the lawsuit which lasted a year and a half.
Application for Costs by JASONCRUZ206 on Scribd
Payout Perspective:
In addition to the legal costs it incurred during the lawsuit, Golden Boy might be hit with $35,000 it will need to pay Haymon. Of course, even if there was not an appeal, Golden Boy probably would have disputed this amount. Since it is going to be appealed, Haymon might have the right to recoup this fee plus attorney fees if it wins on appeal. If the trial court decision is overturned, it will likely see none of this amount.
Wil says
Golden Boy has no one to blame but themselves for their fall as promoters….