Very simple wasn't it?
Everyone is arguing passionately about nothing.
1) When Ruiz won his rematch clause became for all practical purposes an option. Why? because in reality if he decided the terms of the rematch were sufficiently poor it would have been a bad situation for Hearn.
2) A contract is voidable when, for whatever reason, it does not make sense to fufill it, or it cannot be fufilled because of legal conditions. In this case, Ruiz had something that became sufficiently valuable that it was not in his best interest to fufill the rematch clause. The consideration for Ruiz performing was unrealistic.
3) Hearn certainly could have legally tried to enforce performance, but it was never going to be worth it!
4) So consequentally the venue was renegotiated, originally Whales was chosen, or England proper. But this was not enough.
5) Eventually more money was given to make performance reasonable for Ruiz.
What some of us have said from the beginning is that the actual terms of the contract are only part of a negotiation here. People tend to think contracts are set in stone... When performance is such that it makes more sense to break a contract, many people do so!! People will, for example, break a lease, because the market changed and apartments are now cheaper. Right?
I never commented on whether the fight would take place in Saudi land, or not because I did not know what incentives Ruiz was dealing with. Who knows what would have happened if hearn had offered Ruiz less money and the fight venu in Mexico? Nobody does!! LOL.
What some of us did know and tried to share, was what the end game was: Ruiz correctly perceived that his rematch clause was worth more because he won the fight and negotiated accordingly.
Everyone is arguing passionately about nothing.
1) When Ruiz won his rematch clause became for all practical purposes an option. Why? because in reality if he decided the terms of the rematch were sufficiently poor it would have been a bad situation for Hearn.
2) A contract is voidable when, for whatever reason, it does not make sense to fufill it, or it cannot be fufilled because of legal conditions. In this case, Ruiz had something that became sufficiently valuable that it was not in his best interest to fufill the rematch clause. The consideration for Ruiz performing was unrealistic.
3) Hearn certainly could have legally tried to enforce performance, but it was never going to be worth it!
4) So consequentally the venue was renegotiated, originally Whales was chosen, or England proper. But this was not enough.
5) Eventually more money was given to make performance reasonable for Ruiz.
What some of us have said from the beginning is that the actual terms of the contract are only part of a negotiation here. People tend to think contracts are set in stone... When performance is such that it makes more sense to break a contract, many people do so!! People will, for example, break a lease, because the market changed and apartments are now cheaper. Right?
I never commented on whether the fight would take place in Saudi land, or not because I did not know what incentives Ruiz was dealing with. Who knows what would have happened if hearn had offered Ruiz less money and the fight venu in Mexico? Nobody does!! LOL.
What some of us did know and tried to share, was what the end game was: Ruiz correctly perceived that his rematch clause was worth more because he won the fight and negotiated accordingly.
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