Originally posted by Bierstadt
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[Breaking News]GBP in DEEP ****..
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It'd be ironic and funny to see Ortiz go back to Top Rank after this debacle. I think GBP will pay the money that was scammed and plus then some to both boxers just to keep them jumping ship or suing.
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Is this a normal thing in boxing?
Originally posted by SuperTrooper View PostIt'd be ironic and funny to see Ortiz go back to Top Rank after this debacle. I think GBP will pay the money that was scammed and plus then some to both boxers just to keep them jumping ship or suing.
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Originally posted by Alex_Hayden View PostIs this a normal thing in boxing?
He should have never left in the first place.
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Originally posted by mathed View PostIt's like this, HBO says if you fight so and so, We'll pay you 125k for the fight...the fighter says ok sounds good. Only HBO knows how much it costs to put on the fights and secure the venue and what not. They tell the IRS or whoever is going to audit the books so to speak, that they paid the fighters a total of 700K when in reality they only paid the fighters 250K but the fighters only know they got paid what they were promised so they are kosher- and they aren't going to be none the wiser.
Once the auditing body finds out that the fighters got paid like a third of what GBP says they paid them, they screw over GBp because they lied and pocketed the extra 500K for some reason.
edit- nevermind, was explained on the next page.Last edited by gingeralbino; 07-11-2010, 03:43 AM.
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