Props to Oscar for wanting to end the Cold War

Very good summary! :good

 

In dealing with Bob Arum you cannot avoid the personal when you are doing business with him.
Bob is like a child who doesn't get his way and throws a tantrum in his business dealings.
I don't doubt that Bob has also burnt Richard financially in their past dealings.
ODLH, Mayweather, Pac, Chavez and many others have accused Arum of shady book keeping, shadow companies, and hidden expense fees they've been burned in the past by Arum.
It seems what Arum lacks in true business skills, he compensates in shady legal manipulations.
Look at what recently happened at the MGM as an example. Arum allowed his personal frustration interfere with his business relationship with the MGM management all the way up to the MGM CEO and he further damaged his relationship with GBP's CEO via his frustration with Matweather promotions. Everyone of those offended took offence on a personal level and publicly stated they would rather not do business with Arum because of his personal and professional abuses.

 

Because a CEO's responsibility is to make it's stakeholders (boxers and owners) as much money as possible. They don't say, "We have enough money; all of these boxers and owners don't need any more. We're doing well enough." If there are more lucrative deals to be had, it's their job to do them. They are not charged with deciding when the stakeholders have enough money.

This stuff has almost taken on urban legend status. In life, one should learn there are two sides to every story. What people are doing is akin to believing 100% of what a wife says about her husband in a divorce, or believing 100% of what a husband says about his wife in a divorce. Everyone picks the side they like and believes all of that side's rhetoric. Take all of that with a grain of salt. I'm sure there was plenty of fault to go around on the GBP side and the TR side of these Mayweather/Pac negotiations. So people who say everything was GBP's fault or everything was TR's fault show a fool's gullibility, in my opinion. To say Arum never wanted the most lucrative fight of his entire career to materialize is ridiculous, in my opinion, the two sides just never could reach terms, and once the negotiations failed a post-failure PR battle ensued with both sides slinging mud.

Many businesses defeat or acquire rivals while working with them. There's a reason people say to keep ones enemies close--it works. If GBP is truly the future and TR the past, GBP could work with them to make big money for their fighters and themselves, grow the sport, give the fans some hella-good fights, and still defeat TR at the end of the day, in part using the very money TR helped them to make.

 

Arum is a graduate of Harvard Law School, so he knows how to tilt things his way......................

 

You speak as though you've been in meeting with the man. Is it possible that Arum's being the devil incarnate might be slightly hyped? I believe it is the culmination of bad PR and people with personal grudges using their media and fan following to slam the guy. If Arum was as shady and horrible as they say and if he were screwing everyone over, the market would have run him out of business long ago. The economic market is a powerful thing, and businesses who don't take care of their customers (in this case boxers and partners), won't have customers for long. TR has been around a while, so I doubt they've been screwing everyone over all these years.

I seriously doubt it. GBP has the best team of lawyers in boxing that money can buy. I'm sure their business deals are air tight and bulletproof. This stuff you're saying is bordering on urban legend. GBP's legal team is far too smart, I'd wager, to get con'ed.

It's not a "personal frustration" if you've lost revenue or can potentially lose revenue. That's a "professional frustration". The event about which you speak was a professional frustration, as the Mayweather promotional material may have cost TR some revenue as both events are chasing the same dollars in some cases. Even if the loses were minor, it's the principal that matters. Pepsi doesn't want to show up to a booking at a property and have Coca-Cola signs and materials everywhere. Likewise, a promoter doesn't want their event stepped on by promotional material of a competing event. Arum had obviously already decided not to deal with the MGM in the future when he spoke out, probably because he sees them as having a long term conflict of interests that puts TR interests second to Mayweather. Rightfully so as Mayweather is the bigger draw, but also rightfully so, TR doesn't have to stand by and accept that conflict of interests, so TR made a business decision to take their business elsewhere in the future and Arum couldn't resist a few shots across the MGM's bow, I guess. He wouldn't have laid into them like that if he planned on coming back. He has other venues for his events. The MGM lost far more in future revenue from the split. I'd definitely say that Arum should have handled it without the snide comments, of course, but his was a legitimate gripe, at the end of the day.

BTW, I'm no fan of Arum. I'm just being objective and playing Devil's advocate.

 

Boxing fans would be happy :deal




Richard and Al are the problem

 

oscar, is not a businessman right? why did he hire richard to conduct his affairs, you fools!!

 

We have countless testimony from many who have dealt with Bi-Polar Bob in business dealings.
Mayweather told how Bob hide money and manipulated the books with hidden expense fees. ODLH said the exact same thing in his lawsuit against Bob.
Now we hear Chavez saying the same thing.
These same crooked dealings by Bob have put Pacquiao in trouble not only with the US IRS, but with the Philippine BRI tax service.

We can see how Bi-Polar Bob really is when he recently made it personal when he went on a childish rant against the MGM.
The MGM CEO who very likely can deal with many kinds of people made a point of issuing a company wide memo to his employees that specifically labelled Bi-Polar Bob as an ABUSIVE individual. Not surprisingly, Schaefer and even Don King describe Arum in the exact same way.

I used to work for a dude who is just like Bob. He was Bi-polar too and would cuss your mother out on Monday and come in and apologize and give you a raise of Tuesday. He finally alienated all of his employees and customers until he lost his company due to incompetence.

 

The question should be, who started the Cold War when they thought they had an advantage? Oscar ain't doing sh1t..... If he rolls the dice, he would end up like don king promotions overnight.

 

**** Arum.

 

on point

 

So you're citing the disgruntled employees, yet discount the happy employees? How objective of you. Detractors say Arum is the source of Pacquiao's trouble, yet Pacquiao resigned; the evidence doesn't support the charge.

You need to be less eager to spoon up what you're served by people, of whom you're a fan. Consider the source. Context and motives matter. Think critically. Challenge your own ideas. There is usually truth on both sides of an argument. We get single-sided stories through a jaded prism and people run around saying they are the absolute truth. People owe it to themselves to try to be smarter than that.

To be fair, the MGM never labeled Arum anything, I don't believe a name was mentioned, so don't put it out there as though they labeled Arum explicitly.

We can all find "Bi-Polar" rants by a lot of the guys in the sport of boxing, and most worse than Arum's jabs at the MGM's cross promotional stuff. I'd bet Mayweather has a rant or two on YouTube, does that make him Bi-Polar? No. I doubt Arum is either. Like I said, it's like Pepsi booking an event at a property and then showing up to see Coca-cola signage everywhere. It's reasonable they'd be upset by that. Arums jabs at Mayweather and the MGM made him look petty and jealous, not Bi-Polar.

Again, I'm no fan of Arum, but I'm not one to just go along with the pack against someone just because I don't like them.

 

first off Beat....manny has not re-signed....and there are rumblings he might not...

Beat....yes some of us understand the mark of an intelligent person is to hear and understand both sides of an argument without accepting either as truth....i get it i really do

what you have to understand is this...not all of us are saying things about bob just because people in floyds camp have told us things...or because we are fans of floyd....in fact...myself...ive been a fan of mannys(admit im more of a fan of floyds) and ive been to two of his fights live.....im not even basing my opinion of bob based off of the MGM incident...anything floyd or schaefer have had to say about him....

sometimes the truth is there to see over the course of time if you read between the lines...ive drawn my conclusion about bob by watching his actions regarding a manny/floyd fight over the last 5 years....im not going to rehash my stance or my reasons that i believe bob is at fault....ill just say if youve been following it unbiasedly i think you would realize he is the driving force.....and its a fight I and many would like to see....ive "challenged" my own ideas...and thought "critically"....the only prism i see this through is that of a fan who wants to see this fight cause i think it would be great and i want the debate to be settled....we deserve it.....

it has little to do with fandom of a certain fighter....because, like myself, there are many guys who are(or started out as a fans of both fighters) fans of both guys......but over the course of time it has become apparent to some of us who is to blame and whos really preventing it

when i come here...i try to state my reasons with evidence and ask why...and have a logical debate....unfortunately there are way too many idiots who say "health comes first" and shout "duckweather" etc.....yet when you ask a logical question to their face as to why someone like manny walked from a 50/50 split and a drug test they say nothing except "floyd is a cherry picker yadda yadda duckweather" or "manny has agreed to everything now".........these are the type of people that have turned people who appreciated manny against him....and quite frankly bob arum has done the same with his antics and childish behavior(and im not just talking about his whining about posters)...

just for the sake of argument though...you compared arums incident to pepsi booking an event and showing up with coke signs adorned at the property......well to be fair...if coke has paid to advertise, like floyd did, pepsi has no gripe....unless said property has an exclusive agreement with pepsi there is no one to fault but themselves....arum is just a bitter, whiny, little boy who is being beaten at his own game....you even said it yourself about richard schaefer and golden boy.....his responsibility is to his company and his shareholders......same responsibilities apply to the CEO of the MGM....they are in the entertainment industry...i live in near two of the biggest casinos in the northeast...plenty of concerts there.....if katy perry is playing a show there and walks through the casino does she go and ***** there are advertisements for a beyonce show in two weeks? its just bob showing his true colors and being beaten at a game and crying about it

ive been a fan of both...and i think SweetSci can appreciate manny too.....so its not just going along with the pack for me...and i doubt him either....its just looking at years of hard evidence and drawing a conclusion

 

Its all talk to make us feel like there's hope. The cold war will continue till one of them dies out

 

if youve followed this thing...from say...the point of floyd asking arum to get him an oscar fight....and watch everything that has unfolded....i could go on and on with many, many, reasons as to why bob arum would block a fight with floyd mayweather for manny and as to why there is a "cold war"....many logical reasons based on quotes....based on actions....that would all point to arum

basically the only arguments that can be made against the other side are "floyd is scared"..."floyd is a ducker"...."floyd is afraid to lose his 0"...."hes a cherrypicker"

i dont want to go through the arum side(because it might take me an hour)...but i will again if i have to....and then you can decide which argument sounds more logical