Link to an article below on the business nuances involved with setting up a fight between Wilder and Stiverne. Never knew about a"Key Man" clause until reading this. The more this stuff leaks from GB and Schaefer's fallout, you can see how personal and underhanded it became.
http://espn.go.com/blog/dan-rafael/post/_/id/10670/roc-nation-hovers-over-stiverne-wilder
"Golden Boy Promotions president Oscar De La Hoya said he has talked with King about a deal and that they have reached agreement on the financials but still have no date, site or TV deal, a prerequisite to any competent promoter agreeing to sign an agreement. Besides, De La Hoya isn’t even Wilder’s official promoter. He can’t do anything on Wilder’s behalf without Haymon’s OK. Golden Boy has no promotional agreement with Wilder, or with most of the Haymon fighters it works with.
In Wilder’s case, he did have a contract with Golden Boy. However, according to a source with direct knowledge of the deal, when he signed a contract extension the deal had a “key man” clause in it pertaining to Richard Schaefer. It said that if Schaefer ever left Golden Boy, Wilder could exercise the clause, freeing him from the agreement.
When Schaefer resigned in June, I am told, Haymon invoked the clause. The same thing happened with another Golden Boy fighter who is with Haymon and had the same language in his agreement, Robert Guerrero."
No wonder people have been speculating just how many fighters really are under the GB banner. If that happened with Wilder and Guerrero, I imagine it's happened with a ton of the other fighters that have signed on with Haymon. I know people have mentioned that Schaefer betrayed Oscar, but, I wonder if Schaefer felt betrayed by Oscar's foolishness. Cross dressing, doing coke, drinking like a fish, etc.. Then the move Oscar made on behalf of Canelo to hijack the May and September dates away from Floyd, all the while taking Canelo over to rival HBO. Make no mistake about it, Oscar is a snake too, but to be fair, I imagine that's absolutely necessary in boxing.
Still, this "key man" sh!t, Schaefer and Haymon really were isolating GB in the worst way that it could be done legally. I guess that's why Oscar is so loyal to Canelo. He really doesn't have much choice in the matter. Honorable or not, going back to Uncle Bob with his tail tucked between his legs was his only option.
http://espn.go.com/blog/dan-rafael/post/_/id/10670/roc-nation-hovers-over-stiverne-wilder
"Golden Boy Promotions president Oscar De La Hoya said he has talked with King about a deal and that they have reached agreement on the financials but still have no date, site or TV deal, a prerequisite to any competent promoter agreeing to sign an agreement. Besides, De La Hoya isn’t even Wilder’s official promoter. He can’t do anything on Wilder’s behalf without Haymon’s OK. Golden Boy has no promotional agreement with Wilder, or with most of the Haymon fighters it works with.
In Wilder’s case, he did have a contract with Golden Boy. However, according to a source with direct knowledge of the deal, when he signed a contract extension the deal had a “key man” clause in it pertaining to Richard Schaefer. It said that if Schaefer ever left Golden Boy, Wilder could exercise the clause, freeing him from the agreement.
When Schaefer resigned in June, I am told, Haymon invoked the clause. The same thing happened with another Golden Boy fighter who is with Haymon and had the same language in his agreement, Robert Guerrero."
No wonder people have been speculating just how many fighters really are under the GB banner. If that happened with Wilder and Guerrero, I imagine it's happened with a ton of the other fighters that have signed on with Haymon. I know people have mentioned that Schaefer betrayed Oscar, but, I wonder if Schaefer felt betrayed by Oscar's foolishness. Cross dressing, doing coke, drinking like a fish, etc.. Then the move Oscar made on behalf of Canelo to hijack the May and September dates away from Floyd, all the while taking Canelo over to rival HBO. Make no mistake about it, Oscar is a snake too, but to be fair, I imagine that's absolutely necessary in boxing.
Still, this "key man" sh!t, Schaefer and Haymon really were isolating GB in the worst way that it could be done legally. I guess that's why Oscar is so loyal to Canelo. He really doesn't have much choice in the matter. Honorable or not, going back to Uncle Bob with his tail tucked between his legs was his only option.
