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Golden Boy and Hopkins File Suit Vs. Haymon, His Backers
WEDNESDAY EARLY PM UPDATE: NY based boxing promoter Lou DiBella didn’t hold fire when I asked for comment regarding the lawsuit lodged by Oscar De La Hoya, along with Bernard Hopkins, against Al Haymon and cohorts.
“Eff that,” he said, using more dismissive and pointed language in indicating his distaste for the Golden Boy suit, and he then pointed out that he was instrumental in helping draft the Muhammad Ali act, which the suit alleges is being trampled upon. That document seeks to help keep managers from acting on behalf of promoters–as it was alleged, say, Carl King might have been inclined to do when repping a fighter, but also doing a deal with his father, the promoter Don King–in order to insure fighters are being represented in good faith, and receiving fair market value compensation for their services
DiBella took issue with the characterization that Haymon is in fact the promoter for Premier Boxing Champions cards, and said, “Why don’t you ask Brett Yormark (CEO of Barclays Center) who promoted the April 11 card which drew about 12,000 people to the arena?” DiBella also noted that he has some familiarity with miuch of the material within the suit, having graduated from Harvard Law School. Not to mention, as for the contention that Golden Boy is being harmed by Haymon’s supposed attempt at monopolization, DiBella pointed out that Golden Boy seems to be competed on an even playing field, being that they are putting on a high-profile card Saturday, in Texas, which will screen on HBO.
Laywers inside the pugilistic arena are getting workouts of late.
A suit was filed on Tuesday, in federal court, in California, by Golden Boy Promotions. Lawyer Bert Fields heads up a suit on behalf of Golden Boy Promotions and also Bernard Hopkins, alleging that mogul Al Haymon wishes to monopolize pro boxing “and drive out all competition.”
Haymon, the suit states, has violated the Ali Boxing Reform Act and the Sherman Act, which deals with antitrust issues.
The suit calls Haymon “predatory” and “the Rasputin of boxing.”
I reached out to a Haymon Boxing rep to get their take on the suit, and was told that Haymon, notable for his reclusiveness in dealing with media, is choosing at this time not to comment on the matter.
His money backers, funding his Premier Boxing Champions series, which rolled out amid massive fanfare earlier this year, are also named in the suit.
The suit further states that Haymon functions as both a promoter and manager, basically, and that he has engaged in “illegal conduct” which is “designed to eliminate all competition.” It is stated that Haymon has a “total domination of the market for managing of Championship-Caliber Boxers,” and thus he holds too much power, to an extent the courts must weigh in and decide the matter.
A promoter shouldn’t and can’t act as a manager of a boxer, and Haymon might, I believe, counter that he does not act as a promoter, and thus, there is no conflict. Further, he may put forth that the Ali act was put in place to benefit boxers, keep them from being exploited, and he might counter that boxers he advises are in fact being paid handsomely, and are not being exploited.
Further, the suit states that Haymon’s money backers, namely a NY-firm named “Waddell,” at one point offered to purchase Golden Boy, but asked that head of Golden Boy De La Hoya sign a non-compete agreement. That deal going unconsummated, the suit says, meant Haymon next tried to “drive Golden Boy from the boxing business.”
Haymon possesses an unlawful edge, Fields contends, because he acts as both manager and promoter to a parcel of fighters.
More allegations…Haymon fighters must sign “coercive contracts,” part of a play in “turning the model upside down.” Also, Fields accuses Haymon of “scalping” tickets to unnamed shows Haymon Boxing has helped put together, or he has a hand in arranging, and posits that proper taxes are not paid on that revenue. More material; the suit states that Haymon also functions as a sanctioning body and intend to have their own champions.
Expect said lawyers to engage most aggressively in what is sizing up to be a 15 round clash.
Here is the release sent out by Golden Boy on Wednesday morning:
LOS ANGELES (May 6): Golden Boy Promotions today filed a $300 million lawsuit against Al Haymon and his related companies and Waddell & Reed Financial, Inc. and its related hedge funds, alleging their repeated violation of the antitrust laws and the Muhammad Ali Boxing Reform Act. The case was filed in Federal Court in Los Angeles.
Since the moment Al Haymon launched Premier Boxing Champions, he has repeatedly and brazenly broken the letter and spirit of the Muhammad Ali Boxing Reform Act that is meant to protect fighters from exploitation. As part of an anti-competitive conspiracy that includes financial backers from Waddell & Reed, Haymon has “entered into agreements to restrain trade in a substantial portion of the market for promotion of Championship-Caliber Boxers,” the bombshell new lawsuit claims.
“During my 25 years in boxing, I have watched far too many fighters be chewed up, spit out and left with nothing to sit idly by while Mr. Haymon flaunts a federal law meant to protect those who put everything on the line to entertain fans of our sport,” said Oscar De La Hoya, Founder and President of Golden Boy Promotions. “The Muhammad Ali Act was passed to help fighters avoid the fate that bedeviled so many of our predecessors; and I will do everything in my power to ensure this crucial piece of legislation is upheld and followed.”
The lawsuit alleges numerous violations of the Ali Act and antitrust statutes by Haymon, among the most glaring of which is that he routinely serves as both manager of his fighters and promoter of their fights, even though such a dual role is explicitly prohibited by the Ali Act in order to “protect boxers, the boxing industry, and the public from abusive, exploitive, and anticompetitive behavior.”
According to the lawsuit: “By ignoring the ‘firewall’ established by the Ali Act, the Haymon Defendants are essentially sitting on both sides of the bargaining table. While purporting to act in their clients’ best interests, the Haymon Defendants have obtained direct and indirect financial interests in promoting their boxers – thereby creating the very conflict of interest the Ali Act sought to remedy.”
Haymon calls himself a “manager” or an “advisor,” yet Haymon and his myriad of companies are well known to arrange and contract for the bouts, the arenas, the sponsors and the television time – all duties of a boxing promoter. Even Haymon-managed fighters themselves repeatedly refer to Haymon as their “promoter,” though he is well-known to manage more than 100 fighters.
Haymon is, not only pushing out other legitimate promoters in favor of ineffective puppets that he controls, but locking out top fighters who dare to not join his stable of boxers.
“At the age of 50 and after spending most of my adult life in boxing, I thought I’d seen every trick in the book aimed at undermining those who actually step into the ring,” said former middleweight and light heavyweight world champion Bernard Hopkins. “Having personally been refused a lucrative fight with a Haymon-managed fighter, I have felt first-hand the impact of Haymon’s attempt to form a monopoly. These practices are detrimental to boxers, fans and the sport as a whole,” added Hopkins, a co-owner of Golden Boy Promotions.
The complaint alleges that Waddell & Reed and related companies aided and abetted Haymon in his commission of the claimed violations of law.
The Golden Boy Suit comes days after the Association of Boxing Commissions called on newly confirmed U.S. Attorney General Loretta Lynch to investigate Haymon for many of the same infractions spelled out in today’s lawsuit.
As part of the lawsuit, Golden Boy is seeking damages of $300 million.
A copy of the lawsuit is available upon request.
Details of the Muhammad Ali Boxing Reform Act can be found at: https://www.govtrack.us/congress/bills/106/hr1832
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Skylar Lacy Blocked for Lamar Jackson before Making his Mark in Boxing
Skylar Lacy, a six-foot-seven heavyweight, returns to the ring on Sunday, Feb. 2, opposing Brandon Moore on a card in Flint, Michigan, airing worldwide on DAZN.
As this is being written, the bookmakers hadn’t yet posted a line on the bout, but one couldn’t be accused of false coloring by calling the 10-round contest a 50/50 fight. And if his frustrating history is any guide, Lacy will have another draw appended to his record or come out on the wrong side of a split decision.
This should not be construed as a tip to wager on Moore. “Close fights just don’t seem to go my way,” says the boxer who played alongside future multi-year NFL MVP Lamar Jackson at the University of Louisville.
A 2021 National Golden Gloves champion, Skylar Lacy came up short in his final amateur bout, losing a split decision to future U.S. Olympian Joshua Edwards. His last Team Combat League assignment resulted in another loss by split decision and he was held to a draw in both instances when stepping up in class as a pro. “In my mind, I’m still undefeated,” says Lacy (8-0-2, 6 KOs). “No one has ever kicked my ass.”
Lacy was the B-side in both of those draws, the first coming in a 6-rounder against Top Rank fighter Antonio Mireles on a Top Rank show in Lake Tahoe, Nevada, and the second in an 8-rounder against George Arias, a Lou DiBella fighter on a DiBella-promoted card in Philadelphia.
Lacy had the Mireles fight in hand when he faded in the homestretch. The altitude was a factor. Lake Tahoe, Nevada (officially Stateline) sits 6,225 feet above sea level. The fight with Arias took an opposite tack. Lacy came on strong after a slow start to stave off defeat.
Skylar will be the B-side once again in Michigan. The card’s promoter, former world title challenger Dmitriy Salita, inked Brandon Moore (16-1, 10 KOs) in January. “A capable American heavyweight with charisma, athleticism and skills is rare in today’s day and age. Brandon has got all these ingredients…”, said Salita in the press release announcing the signing. (Salita has an option on Skylar Lacy’s next pro fight in the event that Skylar should win, but the promoter has a larger investment in Moore who was previously signed to Top Rank, a multi-fight deal that evaporated after only one fight.)
Both Lacy and Moore excelled in other sports. The six-foot-six Moore was an outstanding basketball player in high school in Fort Lauderdale and at the NAIA level in college. Lacy was an all-state football lineman in Indiana before going on to the University of Louisville where he started as an offensive guard as a redshirt sophomore, blocking for freshman phenom Lamar Jackson. “Lamar was hard-working and humble,” says Lacy about the player who is now one of the world’s highest-paid professional athletes.
When Lacy committed to Louisville, the head coach was Charlie Strong who went on to become the head coach at the University of Texas. Lacy was never comfortable with Strong’s successor Bobby Petrino and transferred to San Jose State. Having earned his degree in only three years (a BA in communications) he was eligible immediately but never played a down because of injuries.
Returning to Indianapolis where he was raised by his truck dispatcher father, a single parent, Lacy gravitated to Pat McPherson’s IBG (Indy Boxing and Grappling) Gym on the city’s east side where he was the rare college graduate pounding the bags alongside at-risk kids from the city’s poorer neighborhoods.
Lacy built a 12-6 record across his two seasons in Team Combat League while representing the Las Vegas Hustle (2023) and the Boston Butchers (2024).
For the uninitiated, a Team Combat League (TCL) event typically consists of 24 fights, each consisting of one three-minute round. The concept finds no favor with traditionalists, but Lacy is a fan. It’s an incentive for professional boxers to keep in shape between bouts without disturbing their professional record and, notes Lacy, it’s useful in exposing a competitor to different styles.
“It paid the bills and kept me from just sitting around the house,” says Lacy whose 12-6 record was forged against 13 different opponents.
As a sparring partner, Lacy has shared the ring with some of the top heavyweights of his generation, e.g., Tyson Fury, Anthony Joshua and Dillian Whyte. He was one of Fury’s regular sparring partners during the Gypsy King’s trilogy with Deontay Wilder. He worked with Joshua at Derrick James’ gym in Dallas and at Ben Davison’s gym in England, helping Joshua prepare for his date in Saudi Arabia with Francis Ngannou and had previously sparred with Ngannou at the UFC Performance Center in Las Vegas. Skylar names traveling to new places as one of his hobbies and he got to scratch that itch when he joined Whyte’s camp in Portugal.
As to the hardest puncher he ever faced, he has no hesitation: “Ngannou,” he says. “I negotiated a nice price to spend a week in his camp and the first time he hit me I knew I should have asked for more.”
Lacy is confident that having shared the ring with some of the sport’s elite heavyweights will get him over the hump in what will be his first 10-rounder (Brandon Moore has never had to fight beyond eight rounds, having won his three 10-rounders inside the distance). Lacy vs. Moore is the co-feature to Claressa Shields’ homecoming fight with Danielle Perkins. Shields, basking in the favorable reviews accorded the big-screen biopic based on her first Olympic journey (“The Fire Inside”) will attempt to capture a title in yet another weight class at the expense of the 42-year-old Perkins, a former professional basketball player.
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Mizuki Hiruta Dominates in her U.S. Debut and Omar Trinidad Wins Too at Commerce
Japan’s Mizuki Hiruta smashed through Mexico’s Maribel Ramirez with ease in winning by technical decision and local hero Omar Trinidad continued his assault on the featherweight division on Friday.
Hiruta (7-0, 2 KOs), who prefers to be called “Mimi,” made her American debut with an impressive performance against Mexican veteran Maribel Ramirez (15-11-4) and retained the WBO super flyweight world title by unanimous decision at Commerce Casino in Commerce, Calif.
The pink-haired Japanese southpaw champion quickly proved to be quicker, stronger and even better than advertised. In the opening round Ramirez landed on the floor twice after throwing errant blows. On one instance, it could have been ruled a knockdown but it was not a convincing blow.
In the second round, Ramirez again attacked and again was met with a Hiruta check right hook and down went the Mexican. This time referee Ray Corona gave the eight-count and the fight resumed.
It was Hiruta’s third title defense but this time it was on American soil. She seemed nervous by the prospect of getting a favorable review from the more than 700 fans inside the casino tent.
For more than a year Hiruta has been training off and on with Manny Robles in the L.A. area. Now that she has a visa, she has spent considerable time this year learning the tricks of the trade. They proved explosively effective.
Though Mexico City’s Ramirez has considerable experience against world champions, she discovered that Hiruta was not easy to hit. Often, the Japanese champion would slip and counter with precision.
It was an impressive American debut, though the fight was stopped in the eighth round after a collision of heads. The scores were tallied and all three saw Hiruta the winner by scores of 80-71 twice and 79-72.
“I’m so happy. I could have done much more,” said Hiruta through interpreter Yuriko Miyata. “I wanted to do more things that Manny Robles taught me.”
Trinidad Wins Too
Omar Trinidad (18-0-1, 13 KOs) discovered that challenger Mike Plania (31-5, 18 KOs) has a very good chin and staying power. But over 10 rounds Trinidad proved to be too fast and too busy for the Filipino challenger.
Immediately it was evident that the East L.A. featherweight was too quick and too busy for Plania who preferred a counter-puncher attack that never worked.
“He was strong,” said Trinidad. “He took everything.”
After 10 redundant rounds all three judges scored for Trinidad 100-90 twice and 99-91. He retains the WBC Continental Americas title.
Other Bouts
Ali Akhmedov (23-1, 17 KOs) blasted out Malcolm Jones (17-5-1) in less than two rounds. A dozen punches by Akhmedov forced referee Thomas Taylor to stop the super middleweight fight.
Iyana “Roxy” Verduzco (3-0) bloodied Lindsey Ellis in the first round and continued the speedy assault in the next two rounds. Referee Ray Corona saw enough and stopped the fight in favor of Verduzco at 1:34 of the third round.
Gloria Munguilla (7-1) and Brook Sibrian (5-2) lit up the boxing ring with a nonstop clash for eight rounds in their light flyweight fight. Munguilla proved effective with a slip-and-counter attack. Sibrian adjusted and made the fight closer in the last four rounds but all three judges favored Munguilla.
More Winners
Joshua Anton, Tayden Beltran, Adan Palma, and Alexander Gueche all won their bouts.
Photos credit: Al Applerose
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Avila Perspective, Chap. 309: 360 Promotions Opens with Trinidad, Mizuki and More
Avila Perspective, Chap. 309: 360 Promotions Opens with Trinidad, Mizuki and More
Best wishes to the survivors of the Los Angeles wildfires that took place last week and are still ongoing in small locales.
Most of the heavy damage took place in the western part of L.A. near the ocean due to Santa Ana winds. Another very hot spot was in Altadena just north of the Rose Bowl. It was a horrific tragedy.
Hopefully the worst is over.
Pro boxing returns with 360 Boxing Promotions spotlighting East L.A.’s Omar Trinidad (17-0-1, 13 KOs) defending a regional featherweight title against Mike Plania (31-4, 18 KOs) on Friday, Jan. 17, at the Commerce Casino in Commerce, Calif.
“I’m the king of L.A. boxing and I’ll be ready to put on a show headlining again in the main event. This is my year, I’m ready to challenge and defeat any of the featherweight world champions,” said Trinidad.
UFC Fight Pass will stream the Hollywood Night fight card that includes a female world championship fight and other intriguing match-ups.
Tom Loeffler heads 360 Promotions and once again comes full force with a hot prospect in Trinidad. If you’re not familiar with Loeffler’s history of success, he introduced America to Oleksandr Usyk, Gennady “GGG” Golovkin and the brothers Wladimir and Vitaly Kltischko.
“We’ve got a wealth of international talent and local favorites to kick off our 2025 in grand style,” said Loeffler.
He knows talent.
Trinidad hails from the Boyle Heights area of East L.A. near the Los Angeles riverbed. Several fighters from the past came from that exact area including the first Golden Boy, Art Aragon.
Aragon was a huge gate attraction during the late 1940s until 1960. He was known as a lady’s man and dated several Hollywood starlets in his time. Though he never won a world title he did fight world champions Carmen Basilio, Jimmy Carter and Lauro Salas. He was more or less the king of the Olympic Auditorium and Los Angeles boxing during his career.
Other famous boxers from the Boyle Heights area were notorious gangster Mickey Cohen and former world champion Joey Olivo.
Can Trinidad reach world title status?
Facing Trinidad will be Filipino fighter Plania who’s knocked off a couple of prospects during his career including Joshua “Don’t Blink” Greer and Giovanni Gutierrez. The fighter from General Santos in the Philippines can crack and hold his own in the boxing ring.
It’s a very strong fight card and includes WBO world titlist Mizuki Hiruta of Japan who defends the super flyweight title against Mexican veteran Maribel Ramirez. It’s a tough matchup for Hiruta who makes her American debut. You can’t miss her with that pink hair and she has all the physical tools to make a splash in this country.
Two other female bouts are also planned, including light flyweight banger L.A.’s Gloria Munguilla (6-1) against Coachella’s Brook Sibrian (5-1) in a match set for six rounds. Both are talented fighters. Another female fight includes super featherweights Iyana “Right Hook Roxy” Verduzco (2-0) versus Lindsey Ellis (2-1) in another six-rounder. Ellis can crack with all her wins coming via knockout. Verduzco is a multi-national titlist as an amateur.
Others scheduled to perform are Ali Akhmedov, Joshua Anton, Adan Palma and more.
Doors open at 4:30 p.m.
Boxing and the Media
The sport of professional boxing is currently in flux. It’s always in flux but no matter what people may say or write, boxing will survive.
Whether you like Jake Paul or not, he proved boxing has worldwide appeal with monstrous success in his last show. He has media companies looking at the numbers and imagining what they can do with the sport.
Sure, UFC is negotiating a massive billion dollar deal with media companies, as is WWE, both are very similar in that they provide combat entertainment. You don’t need to know the champions because they really don’t matter. Its about the attractions.
Boxing is different. The good champions last and build a following that endures even beyond their careers a la Mike Tyson.
MMA can’t provide that longevity, but it does provide entertainment.
Currently, there is talk of establishing a boxing league again. It’s been done over and over but we shall see if it sticks this time.
Pro boxing is the true warrior’s path and that means a solo adventure. It’s a one-on-one sport and that appeals to people everywhere. It’s the oldest sport that can be traced to prehistoric times. You don’t need classes in Brazilian Jiujitsu, judo, kick boxing or wrestling. Just show up in a boxing gym and they can put you to work.
It’s a poor person’s path that can lead to better things and most importantly discipline.
Photos credit: Lina Baker
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