May-Pac contract from 2010 (per Yahoo Sports)

Discussion in 'World Boxing Forum' started by PBFred, Jun 1, 2012.

  1. CoDer

    CoDer Boxing Junkie Full Member

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    Oh **** you're an idiotic moron!

    Shut the **** up if you have no answer to my question.
     
  2. Uncle Rico

    Uncle Rico Loyal Member Full Member

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    He's asking a reasonable question.

    The thread-starter has put up an article - which mentions a proposed 50-50 split - that's supposed to prove Mayweather was serious about a fight. But despite Mayweather "wanting the fight", his promoter denies there ever being a 50-50 split - despite it existing right there in the contract (according to Iole).
     
  3. turbotime

    turbotime Hall Of Famer Full Member

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    :hi:
     
  4. CoDer

    CoDer Boxing Junkie Full Member

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    If Schaefer is hellbent in denying the 50/50 split stipulated in the contract as source of Iole's article, then we can conclude that the contract Iole's have isn't the contract Schaefer sent to Arum.

    Or Schaefer is just another lying mofo.
     
  5. guapo

    guapo Active Member Full Member

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    Everyone knows that Mayweather was the one putting roadblocks. First, it was the drug testing then came purse split. What is next? What do you think? I think it will come down to bigger gloves.
     
  6. prelude

    prelude Boxing Junkie Full Member

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    The goal post get moved by Floyd everytime Manny get close to it :lol:.
     
  7. prelude

    prelude Boxing Junkie Full Member

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    The new one will be...fight will be at 154.
     
  8. CoDer

    CoDer Boxing Junkie Full Member

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    That is crazy if Floyd will demand for that weight. :lol:
     
  9. turbotime

    turbotime Hall Of Famer Full Member

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    Hell-bent? Maybe he is just telling the truth.

    Talk about an emotive *****. are you new? arum was the one who sent the contracts to Floyd.
     
  10. tarugojones

    tarugojones Boxing Junkie Full Member

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    A contract sent on Dec. 11, 2009, by Golden Boy Promotions on behalf of Mayweather to Top Rank on behalf of Pacquiao proposed a 50-50 financial split between the sides for a fight that would have been held March 13, 2010



    Richard Schaefer, the chief executive officer of Golden Boy Promotions, said he did not recall sending a contract offering a 50-50 split



    However, in a contract obtained by Yahoo! Sports, paragraph 11 under the section entitled Net Profits reads: "Net Profits shall be allocated 50/50 between GBP and TR." The contract goes on to say that net profits would include a split of "all gross revenues."
    In sub-paragraph 11 (a), entitled HBO PPV Fight Night Advance, it reads, "Not withstanding the foregoing, the HBO PPV fight night advance shall be paid 50% directly to GBP and 50% directly to TR."



    The eight-page agreement is so detailed that it indicates which of the two fighters would step onto the scale first at the weigh-in (Pacquiao), who would walk to the ring first (Pacquiao), who would be introduced first (Mayweather) and who had first choice of the locker room (Mayweather). this is gay
     
  11. tarugojones

    tarugojones Boxing Junkie Full Member

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    read again
     
  12. box247

    box247 Well-Known Member Full Member

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    Why did they change the split when an agreement was reached on blood testing
     
  13. CoDer

    CoDer Boxing Junkie Full Member

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    This content is protected


    I bet that idiot turbotime don't know how to read. :D
     
  14. gurby22

    gurby22 Active Member Full Member

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    If they were going by the conditions reached back then, Arum wouldn't have been proposing building a bull**** stadium.
     
  15. Lance_Uppercut

    Lance_Uppercut ESKIMO Full Member

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    :lol: Right? As if this brings anything new that MOST who are paying attention already didn't know.