Top Rank's Lawsuit against Julio Cesar Chavez Jr...contract runs to April 6th, 2016

[Newzz]

Top Rank says it has right to promote Julio Cesar Chavez Jr. until April 2016
By Kevin Iole

Julio Cesar Chavez Jr., with his Hall of Fame father Julio Cesar Chavez Sr. to his immediate left, celebrates after winning the WBC middleweight title in 2011. (Photo by Jeff Gross/Getty Images)


Julio Cesar Chavez Jr.'s decision on Monday to announce he had hired Al Haymon as his manager was another way of saying that he no longer wants to be promoted by Top Rank.

Haymon and Top Rank CEO Bob Arum have a bitter feud and do not do business together. Arum told Yahoo Sports he could work with Haymon for one fight, if need be, but the significance of Chavez's announcement was that he would be moving forward and away from Top Rank.

Haymon is a licensed manager in Nevada, where Top Rank is based. Many in the boxing industry, however, believes that Haymon is actually a promoter and not a manager, which is illegal under federal law.

Top Rank filed suit against Chavez in U.S. District Court on Aug. 11 in Las Vegas, asking a judge to enforce its contract. According to the suit, Top Rank alleges it has the right to promote one more Chavez bout, until April 6, 2016.

"Top Rank has exclusive rights to another Chavez fight," Top Rank attorney Dan Petrocelli said. "The matter is pending in court, and anyone, including Mr. Haymon, who disregards this runs the risk of serious liability for interfering with Top Rank’s rights."

According to its lawsuit, a copy of which has been obtained by Yahoo Sports, Top Rank originally signed Chavez in October 2005. On April 26, 2010, the sides agreed to extend the deal until Oct. 6, 2012, according to the suit.

That deal had a clause which granted Top Rank an extension if Chavez won a recognized world championship, which he did when he defeated Sebastian Zbik by unanimous decision on June 4, 2011, in Los Angeles to capture the WBC middleweight title.

According to the suit, "By its terms, the Promotional Rights Agreement grants Top Rank additional rights under certain circumstances. For example, pursuant to Section 6 of the Promotional Rights Agreement, if Chavez were to become recognized as a world champion in any weight class by certain boxing organizations, then Top Rank “shall have the exclusive right and option to promote [Chavez’s] first five (5) title defenses or Bouts.

"Furthermore, Section 6(c) states that the "Term" of the Promotional Rights Agreement, culminating on Oct. 6, 2012, "shall be extended for such period of time as is required for presentation of the five (5) title defenses or bouts.' However, the extension "shall not exceed thirty (30) months beyond the Term."

Top Rank alleges that by defeating Zbik, the extension in Chavez's contract was triggered until April 6, 2015. But then Top Rank says in the suit that Chavez agreed on March 19, 2012, to grant Top Rank "an additional two (2) title defenses or bouts," on top of the "title defneses or bouts already provided pursuant to Section 6(c) of the Promotional Rights Agreement."

That agreement pushed the date to April 6, 2016, the suit argues. According to Top Rank's suit, Chavez believes the deal expired in September.

Top Rank is asking that a judge declare its contract valid and that Chavez be forced to be reasonable attorney fees and all costs of the suit.


http://sports.yahoo.com/blogs/boxin...ar-chavez-jr--until-april-2016-222747093.html

 

[Newzz]

April 2016?


JCC Jr gonna be on the shelf forever if the TR contract is held up as valid

 

[Black_Jesus]

April 2016?


JCC Jr gonna be on the shelf forever if the TR contract is held up as valid

Something tells me Jr is perfectly fine maxing and relaxing on the shelf until 2016 he knew this could happen.. he wanted this

 

[Jello Biafra]

I am anticipating one of these lawsuits involving Al Haymon fighters to eventually have the Feds start to take a look at how dude is low key promoting without a license. You'd think Allah Haymon would want to stay as far under the radar as possible with the dodgy make-up of his contracts and iffy pseudo promoting he is doing.

 

[Newzz]

You'd think Allah Haymon would want to stay as far under the radar as possible with the dodgy make-up of his contracts and iffy pseudo promoting he is doing.

Greed is the downfall of man

 

[George's Dilemma]

I am anticipating one of these lawsuits involving Al Haymon fighters to eventually have the Feds start to take a look at how dude is low key promoting without a license. You'd think Allah Haymon would want to stay as far under the radar as possible with the dodgy make-up of his contracts and iffy pseudo promoting he is doing.

He ain't no dummy though and I doubt he'd leave himself open to legal ramifications. Funny too, I'm still yet to read an argument making the case definitively that he's been overstepping his bounds as a manager, especially considering Golden Boy has been doing all of the promotion on his fighter's behalf. I get the distinct feeling that when promoters and rival managers make comments questioning his actions from a legal perspective and questioning whether or not he's good for the sport, they're really concerned about being marginalized within the sport and industry. In previous years boxers were taken advantage of by the Bob Arum types. Former heavyweight champions of the world, shining shoes in their latter years after being taken advantage of by the likes of your Mista Bob Arooms, your Don Kings, etc.. Now here comes a guy like Al Haymon who is receiving nothing but praise from his clients who are able to remain free agents from a promotional standpoint much like Cotto. We're talking about free men essentially, which is something these corrupt and vindictive promoters don't like.

 

[ChocolateGiddyUp]

You nikkas actually believe Al Haymon would get involved with JCC Jr WITHOUT looking over that contract with Arum?? Without having a plan to get thru Arums bullshyt

That Al Haymon would sign Chavez Jr only to have him sit til April 2016

 

[Black_Jesus]

You nikkas actually believe Al Haymon would get involved with JCC Jr WITHOUT looking over that contract with Arum?? Without having a plan to get thru Arums bullshyt

That Al Haymon would sign Chavez Jr only to have him sit til April 2016

You're obviously ignorant or blind to whats REALLY going on if you cant see JCC sitting until 2016 isn't a win for Al Haymon... Its no different than Floydie signing Ariza just so other fighters cant hire him

 

[ChocolateGiddyUp]

You're obviously ignorant or blind to whats REALLY going on if you cant see JCC sitting until 2016 isn't a win for Al Haymon... Its no different than Floydie signing Ariza just so other fighters cant hire him

Please explain how having JCC Jr sitting on the shelf for another yr and a half is a win for Haymon

JCC Jr on NBC this year while its starting up N they NEED good ratings is a W for Haymon

JCC Jr on Floyd's undercard is a fukking W for Haymon

JCC Jr on his couch not making money is not a W

 

[Black_Jesus]

Please explain how having JCC Jr sitting on the shelf for another yr and a half is a win for Haymon

JCC Jr on NBC this year while its starting up N they NEED good ratings is a W for Haymon

JCC Jr on Floyd's undercard is a fukking W for Haymon

JCC Jr on his couch not making money is not a W

Anytime Al is able to lure a fighter away from TR and create division within the company like he did, of course its a win for Haymon.. perception is reality

 

[ChocolateGiddyUp]

Anytime Al is able to lure a fighter away from TR and create division within the company like he did, of course its a win for Haymon.. perception is reality

Haymon scooping up JCC Jr is a win

Having JCC Jr on his couch til April 2016 is not a win

They already talked bout Haymon possibly buying out the contract, Chavez Jr been talking bout being active N getting fights ASAP...Hearn said there's no reason the Froch fight can't happen, he's cool with Haymon

The only one that wins if Chavez sits til April 2016 is Arum...he'd delay dudes career because he didn't get his extensions N didn't come up $$$$ like he thought he was...petty scorned ex gf shyt

 

[Black_Jesus]

Haymon scooping up JCC Jr is a win

Having JCC Jr on his couch til April 2016 is not a win

They already talked bout Haymon possibly buying out the contract, Chavez Jr been talking bout being active N getting fights ASAP...Hearn said there's no reason the Froch fight can't happen, he's cool with Haymon

The only one that wins if Chavez sits til April 2016 is Arum...he'd delay dudes career because he didn't get his extensions N didn't come up $$$$ like he thought he was...petty scorned ex gf shyt

Scorned ex GF??

Chavez signed a contract breh. And by firing his manager and signing to Haymon he completely through his obligations in the bushes... Now he's finna sit and is out the way of Floyds May date...


Remember Chavez is the who said he wanted to fight on CDM.. You think Al is gonna allow that to happen before Floyd retires??

Chavez is getting played and he doesn't even know it... Arum gave that nikka a great deal... He would've had Cotto, Canelo, Ward, Froch etc lined the fukk up.

You know what.. imma shut up.. just watch what happens my nikka... All this shyt for a fight with Froch he's NOT gonna get... hes gonna be over their looking stupid like Adonis Stevenson

 

[firemanBk]

Chavez should just get the one fight out of the way. Try and fight that scrub that just KO'd J'Leon Love

 

[ℒℴѵℯJay ELECTUA]

doesn't jewRum have ties with the alphabet men? he should send some folks to haymon and see what's up..

 

[ChocolateGiddyUp]

The return coming soon

Haymon N his Lawyers protecting the son of a legend from that money
hungry Joo...No longer will we wonder how much N why money is taken off

nikka We Made it

"We hope to have a date in late January or February, there are good plans, they are looking at many names and the idea is to fight three times in 2015 perhaps in February, July and close in September or later in the year. Let's see what's best for us. The first option is to fight at 168 pounds," Chavez Jr. told ESPN Deportes.

"I do not know yet [what network I'll be fighting on. [Haymon] will tell me what suits me best, where my best interests are met. So if HBO make an offer and if Showtime offers more, he will decide. Haymon will handle [details of the TV network]. I have nothing to do with it. Whoever wants to negotiate with me should negotiate with them. [Signing with Haymon] is what I wanted. The truth is, things are already clearer with him, regarding the certain percentage he takes. Before I did not know how much was taken off, why it was taken off. I was fighting blindly."

"Haymon and lawyers will [handle the Top Rank issues]. I have to focus on training and fighting as it always should be. My job is to train, I have that approach, which I have to see things from the sporting arena and not worry about other things."