Earlier this week, a Federal District Court in New York ruled that boxing promoter Don King liable was in breach of contract when his fighter failed a drug test for a boxing event to be held in Russia earlier this year. The parties will now argue about how much in monetary damages that the boxing […]
boxing
Canelo Alvarez signs deal with HBO
Boxer Canelo Alvarez has signed a muli-fight deal with HBO which will begin on December 6th or December 13th on the network. The deal is a major move in the world of boxing as Alvarez, considered the future of boxing, and a Golden Boy promoted fighter has joined the network dominated by fighters promoted by […]
Mayweather-Maidana II: 925,000 PPV buys
Kevin Iole of Yahoo! Sports reports that the rematch between Floyd Mayweather and Marcos Maidana did 925,000 PPV buys. Mayweather PPV buys under Showtime contract: Mayweather-Guerrero, May 4, 2013: 1 million PPV buys (although disputed by ESPN’s Dan Rafael (who indicated that the buys were under 1M) and Showtime which stated that the buys were over 1 […]
Fight purses: Mayweather $32M; Maidana $3M
Floyd Mayweather will make at least $32 million for his rematch against Marcos Maidana Saturday night in Las Vegas. Maidana will make $3 million for the fight. ESPN’s Dan Rafael among others reported the payouts. The contracted salaries were released by the Nevada State Athletic Commission prior to Friday’s weigh-ins. The $32 million purse does […]
Pacquiao does not have to post $75M bond in PI tax case
Manny Pacquiao will not have to pay $75.2 million in taxes…yet. This is based on a recent Philippine Supreme Court ruling which stated that the government could not seize the boxer’s assets while his income tax case is being heard per Yahoo! Sports. The tax issue was based on the claim that the Filipino boxer […]