Actually what I read said they settled for what they thought he would make. I'll bet he was finally a $1Mill a fight guy in their eyes.
Ok, nevermind, yes it appears he did "buy" out his contract. but terms are confidential, so who knows exactly what it entails.
Gamboa bought his way out of his Top Rank contract #moneyteam (nobody knows who he is signing with yet) now its time for Gamboa to take that ass whooping by Broner fight will be epic lets hope it gets signed
Gamboa just hosed himself further. He will now be paying 3 promoters at least in the short term instead of 2: Arena His new promoter Top Rank (paid in a lump sum as part of his buyout and probably advanced by his new promoter which he will have to repay) He thinks he was unhappy before, he ain't seen nothing yet
If Broner beats Gamboa whoever fronted the money to buy Gamboa will no recover their investment for years, if ever.
What is this Mayweather Promotions isn't licensed all about? I hear it all the time but what licenses are they lacking? Is Promociones Miguel Cotto, MP Promotions licensed? We know Floyd isn't the businessman at Mayweather Promotions like Oscar isn't the businessman at GBP, Schaefer is.
I've read it elsewhere, not just the posts here. Like here: [url]http://www.badlefthook.com/2012/3/5/2848174/what-is-mayweather-promotions-yuriorkis-gamboa[/url]