Boxing« Previous Entries
The reported $925 million dollar investment by Kansas hedge fund Waddell & Ivy into Al Haymon’s boxing venture could become the fight sport’s version of Rupert Murdoch’s disastrous investment in MySpace.
Roy Englebrecht is continuing to do business as a fight promoter in California despite being suspended in the state of Nevada for perjury. And the California State Athletic Commission appears to be just OK with this arrangement.
When the Nevada State Athletic Commission promised wholesale changes to their rules & regulations after the state’s budget changed their financing from general funding to self-funding, they weren’t kidding. The proposed economic & drug testing suspension changes will have a ripple effect.
With finances tightening up for the Nevada State Athletic Commission, there will be an open and aggressive stance to overpenalize & overcharge fighters for punishment in order to force settlement agreements to cut administrative costs.
The Nevada State Athletic Commission hammered California boxing promoter Roy Englebrecht with an 18-month suspension for providing false and misleading information on behalf of fighter Zab Judah.
The administrative process to suspend Roy Englebrecht on charges of perjury, forgery, and ID theft in Nevada has officially begun and the hammer is coming down on him May 25th. Will California accept Nevada’s suspension?
The WBC’s partnership with VADA has just changed the landscape of boxing when it comes to drug testing. However, the amount of legal questions raised by this new partnership are voluminous and the role of state athletic commissions is as murky as ever.
Shareholders in the two investment trusts that are financing Al Haymon’s PBC are suing the trusts and asking for their money back. This could effectively choke off Haymon’s funding.
If the schmuck throwing tacos at Victor Ortiz used a bottle instead, California would be lawyering upSunday, May 1st, 2016
After getting knocked out by Andre Berto at StubHub Center, Victor Ortiz was attacked by a fan using tacos. If that fan had used a plastic or glass bottle, there would be a whole lot of lawsuits going on.
Boxer Francisco Vargas got busted for clenbuterol during a VADA drug testing. However, since the drug test wasn’t administered by the California State Athletic Commission, he will still be able to fight Orlando Salido on June 4th.
We’re approaching the 40 year anniversary of the infamous Ali vs. Inoki fight at Budokan that forever changed the combat sports landscape. Author Josh Gross tackled an incredibly challenging topic with great vigor.
The state of Nevada is shifting their athletic commission’s budget to a self-funding model and as a result, major financial & legal changes are coming.
Despite admitting under oath that he was guilty of wrong-doing related to pending charges of perjury & forgery brought by the Nevada State Athletic Commission, promoter Roy Englebrecht is continuing to promote events in California.« Previous Entries