Marquez Shakes Head at Golovkin: 25% For Jacobs is Ridiculous!

[Purse Bid Shakedown]

My gut instinct tells me that it’s in K2’s best interests to postpone the bout until next year, due to HBO’s currently limited budget, which represents a risk in them losing the WBA purse bid to Showtime/Haymon/DiBella.

So K2 may try attempt serious contract negotiations for a 2017 bout when HBO’s boxing budget has been replenished.

The problem is… will the WBA play along with Loeffler’s stance or will they announce purse bids on Friday?

Considering Loeffler requested the purse bid process prematurely, twelve days before the stipulated contract negotiation deadline (as they wanted wanted to impose the WBA's 25% purse split ruling on Jacobs), I find it intriguing that the K2 chief is now saying the following:

“A fight of this magnitude needs a long buildup in order to promote it properly, so we decided it’s too short to do it on Dec. 10, so we’re targeting 2017 for that fight.”

Methinks that politics is involved in this decision.

You have problem drawing conclusions from facts. K2 asked for purse bid early exactly because they wanted to make it for the HBO date they already had, 10 December. It is Haymon that wanted to drag the process so that GGG misses 10 Dec date and is not able to generate large sum of money for the bid. Noone knows when and if GGG gets a next date or a contract from HBO. It should be obvious that if K2 wanted to prolong the negotiations they would not ask for an early bid. Now that WBA drag the bid situation infinitely as usual it is far too late to have it on Dec 10. 7 weeks is not enough to make a fight of this magnitude, is not this obvious?

Also if it is such a "fact" that GGG vacates if Haymon wins then why dont they just win it, 25% or not and get a vacant belt? There is no way GGG vacates titles, he is not Peter Quillin.

The difference between me and other posters, is that I make it abundantly clear when I'm expressing a gut instinct, whereas others claim they're citing fact unless challenged. So I won't apologise for my take on things.

Second, Loeffler knew the contract negotiations and purse bid deadlines more than 30 days ago and the WBA only extended it by five days. He could have petitioned the WBA to alter this schedule to take into consideration HBO's 10th December date or ask them to allow an interim voluntary defence. Didn't Jacobs ask for something similar?

Third, everyone involved in the sport of boxing knew the WBA's timescale and purse split rules. So Loeffler must have anticipated Jacobs asking for more than 25%, because everybody that commented on the matter did.

Fourth, Loeffler could have asked the WBA to allow Jacobs to receive his requested 40% split to allow the purse bid to take place early, since GGG's main high profile opponents all received an average of 43%.

Fifth, Showtime had already announced that they would aggressively pursue the rights to televise the Golovkin-Jacobs bout, meaning that there was plenty of money for the purse bid from Haymon's side of the negotiating table.

Sixth, Haymon hasn't been given the opportunity yet to win the purse bid, so your question is redundant.

All the boxing scribes are saying that GGG has an exclusive contract with HBO, as per Kovalev and Pacquiao... and look what happened with those fighters. Sergey had to abandon his mandatory challenger status for Stevenson's WBC belt and Pacquiao was released from his HBO contract for refusing to televise his next bout. Read about those situations and surely you should be able to recognise the parallels.

Couple of reasons you're a bottom of the barrel poster, on some many ignore lists:

1. Always lying, like Loeffler calling for purse bids 12 days before due. It was actually 5, after 4 weeks of getting nowhere in negotiations. It's not even 2 weeks later and you hear this from team Jacobs:

http://www.ringtv.com/468769-jacobs-won ... s-trainer/

2.Being clueless on boxing and all around, like your comical purse bid theories. Maybe brush up on grade school math before spreading your wisdom here?

[Asterix]

I agree with Marquez.

Marquez has been hit into the head for years. What is your excuse ?

Nice.

[Tarkus]

All the boxing scribes are saying that GGG has an exclusive contract with HBO, as per Kovalev and Pacquiao... and look what happened with those fighters. Sergey had to abandon his mandatory challenger status for Stevenson's WBC belt and Pacquiao was released from his HBO contract for refusing to televise his next bout. Read about those situations and surely you should be able to recognise the parallels.

Kovalev did not have HBO contract at that time when the purse bid was called. In fact he used the that purse bid situation to make a deal with HBO. He also was not a champion so did not have to vacate a belt. And if what you say about Pacquiao is true then you can see that some fighters dont relinquish titles because of TV deals, exactly the point that I am trying to make.

[Enlightened-One]

All the boxing scribes are saying that GGG has an exclusive contract with HBO, as per Kovalev and Pacquiao... and look what happened with those fighters. Sergey had to abandon his mandatory challenger status for Stevenson's WBC belt and Pacquiao was released from his HBO contract for refusing to televise his next bout. Read about those situations and surely you should be able to recognise the parallels.

Kovalev did not have HBO contract at that time when the purse bid was called. In fact he used the that purse bid situation to make a deal with HBO. He also was not a champion so did not have to vacate a belt. And if what you say about Pacquiao is true then you can see that some fighters dont relinquish titles because of TV deals, exactly the point that I am trying to make.

Kovalev signed the HBO contract after the purse bid was announced by the WBC. Kathy Duva requested an extension to the purse bid deadline, as she was also negotiating with HBO and then eventually withdrew Kovalev from the purse bid process and also renounced his mandatory challenger status only when he signed his exclusive contract with HBO.

Manny Pacquiao doesn't have a world title, but his contract was automatically terminated by HBO because they wouldn't or couldn't televise his next bout. The same situation that Golovkin is faced with if Haymon/Showtime/DiBella win the purse bid. And in GGG's situation, his HBO contract is worth more to him than his WBA title.

[Enlightened-One]

Couple of reasons you're a bottom of the barrel poster, on some many ignore lists:

Always lying, like Loeffler calling for purse bids 12 days before due. It was actually 5, after 4 weeks of getting nowhere in negotiations. It's not even 2 weeks later and you hear this from team Jacobs

I really don’t know about you guys and your accusations of lying, instead researching the validity of my claims, you accuse me of being a liar without supplying any evidence to refute my assertions!

Here are the facts:
• The original contract agreement deadline stipulated by the WBA, when they announced the mandatory fight on the 11th September, was the 10th October, 2016… otherwise a purse bid will be called.
• According to the WBA’s rules: “The date set for the purse bid opening will be at least 10 days from the date notification is given, unless a shorter time is necessary.” Therefore, the expected purse bid deadline date would have been on or around the 20th October, 2016.
• On the 6th October, Tom Loeffler recommended to the WBA that they proceed immediately to the purse bid stage, meaning that he was asking them to forgo the stipulated ten day notification period.
• Instead, the WBA extended the contract negotiation deadline to the 12th October and set an official purse bid deadline of the 22nd October.

So basically, Loeffler requested (four days prior to the originally-agreed contract negotiations deadline) that the WBA proceed straight to purse bids without the ten day notification period.

Being clueless on boxing and all around, like your comical purse bid theories. Maybe brush up on grade school math before spreading your wisdom here?

As the old adage goes, “When You Resort To Name Calling, You’ve Lost The Argument”

[boxing_rocks]

Arguing with Entitled/fergus is like participating in a pissing contest with a skunk

[Purse Bid Shakedown]

Couple of reasons you're a bottom of the barrel poster, on some many ignore lists:

Always lying, like Loeffler calling for purse bids 12 days before due. It was actually 5, after 4 weeks of getting nowhere in negotiations. It's not even 2 weeks later and you hear this from team Jacobs

I really don’t know about you guys and your accusations of lying, instead researching the validity of my claims, you accuse me of being a liar without supplying any evidence to refute my assertions!

Here are the facts:
• The original contract agreement deadline stipulated by the WBA, when they announced the mandatory fight on the 11th September, was the 10th October, 2016… otherwise a purse bid will be called.
• According to the WBA’s rules: “The date set for the purse bid opening will be at least 10 days from the date notification is given, unless a shorter time is necessary.” Therefore, the expected purse bid deadline date would have been on or around the 20th October, 2016.
• On the 6th October, Tom Loeffler recommended to the WBA that they proceed immediately to the purse bid stage, meaning that he was asking them to forgo the stipulated ten day notification period.
• Instead, the WBA extended the contract negotiation deadline to the 12th October and set an official purse bid deadline of the 22nd October.

So basically, Loeffler requested (four days prior to the originally-agreed contract negotiations deadline) that the WBA proceed straight to purse bids without the ten day notification period.

Being clueless on boxing and all around, like your comical purse bid theories. Maybe brush up on grade school math before spreading your wisdom here?

As the old adage goes, “When You Resort To Name Calling, You’ve Lost The Argument”

Gotcha so the deadline was Oct 10, and Loeffler called for the bids 5 days earlier, as I said. Thanks. So why did you lie up there?

On the purse bid, you're just clueless on so many things. Hint: at 25% this bid is prohibitive for Haymon, even last year when the money flowed freely. Much less for such an underdog with so little faith in his chances. Do you have any idea about boxing purses? Doesn't look like it.

[Purse Bid Shakedown]

Arguing with Entitled/fergus is like participating in a pissing contest with a skunk

Cringe worthy poster, especially when he tries using the word "honesty"

[crusader]

I remember ferg going on about all those massive Peter Quillin purses that GGG would never get

[Enlightened-One]

Couple of reasons you're a bottom of the barrel poster, on some many ignore lists:

Always lying, like Loeffler calling for purse bids 12 days before due. It was actually 5, after 4 weeks of getting nowhere in negotiations. It's not even 2 weeks later and you hear this from team Jacobs

I really don’t know about you guys and your accusations of lying, instead researching the validity of my claims, you accuse me of being a liar without supplying any evidence to refute my assertions!

Here are the facts:
• The original contract agreement deadline stipulated by the WBA, when they announced the mandatory fight on the 11th September, was the 10th October, 2016… otherwise a purse bid will be called.
• According to the WBA’s rules: “The date set for the purse bid opening will be at least 10 days from the date notification is given, unless a shorter time is necessary.” Therefore, the expected purse bid deadline date would have been on or around the 20th October, 2016.
• On the 6th October, Tom Loeffler recommended to the WBA that they proceed immediately to the purse bid stage, meaning that he was asking them to forgo the stipulated ten day notification period.
• Instead, the WBA extended the contract negotiation deadline to the 12th October and set an official purse bid deadline of the 22nd October.

So basically, Loeffler requested (four days prior to the originally-agreed contract negotiations deadline) that the WBA proceed straight to purse bids without the ten day notification period.

Being clueless on boxing and all around, like your comical purse bid theories. Maybe brush up on grade school math before spreading your wisdom here?

As the old adage goes, “When You Resort To Name Calling, You’ve Lost The Argument”

Gotcha so the deadline was Oct 10, and Loeffler called for the bids 5 days earlier, as I said. Thanks. So why did you lie up there?

On the purse bid, you're just clueless on so many things. Hint: at 25% this bid is prohibitive for Haymon, even last year when the money flowed freely. Much less for such an underdog with so little faith in his chances. Do you have any idea about boxing purses? Doesn't look like it.

Did you even bother to read my post?

[Enlightened-One]

Arguing with Entitled is like participating in a pissing contest with a skunk

Cringe worthy poster, especially when he tries using the word "honesty"

Mmmm... the words pot and kettle spring to mind.

[SaadOffTheDeck]

You should type a novel on Marquez's brilliant negotiating.

[BAD INTENTIONS]

Everyone shakes head at 25% for Jacobs ... except GGG's people (obviously).

and idiot fans who somehow get pride when the fighter they likes "wins" negotiations.

But then act like they don't understand idiots in TMT t-shirts.
Crossing that weird threshold where you feel happy watching a celebrity's financial success.
And then adopting a mentality detrimental to your own financial well being to help theirs.

Not realizing that their fighter trying to "win" negotiations destroys the sport.

How about we conclude both fighters will get paid much more than they should?
Then we tell GGG's people and Jacobs people to make the fight.

[Purse Bid Shakedown]

Everyone shakes head at 25% for Jacobs ... except GGG's people (obviously).

and idiot fans who somehow get pride when the fighter they likes "wins" negotiations.

But then act like they don't understand idiots in TMT t-shirts.
Crossing that weird threshold where you feel happy watching a celebrity's financial success.
And then adopting a mentality detrimental to your own financial well being to help theirs.

Not realizing that their fighter trying to "win" negotiations destroys the sport.

How about we conclude both fighters will get paid much more than they should?
Then we tell GGG's people and Jacobs people to make the fight.

You have no idea what was offered. 25% is the standard percentage if it goes to purse bids, nothing more. Jacobs' trainer just said Dec 10 was never an option, he hasn't started training and would need 10-12 weeks for such a tall task. Then there's this from 2 months ago:

http://www.BS.com/jacobs-ill-f ... ey--108136

Like I’ve said, this is a super megafight.
...
I made a career-high, on record, of $1.5 million for the Quillin fight. And to have it kind of close to that, I was like, ‘Wait a second. I could fight two Peter Quillins and make the same thing.’

Whatever that means, it's a lot more than 25%

[Enlightened-One]

Everyone shakes head at 25% for Jacobs ... except GGG's people (obviously).

and idiot fans who somehow get pride when the fighter they likes "wins" negotiations.

But then act like they don't understand idiots in TMT t-shirts.
Crossing that weird threshold where you feel happy watching a celebrity's financial success.
And then adopting a mentality detrimental to your own financial well being to help theirs.

Not realizing that their fighter trying to "win" negotiations destroys the sport.

How about we conclude both fighters will get paid much more than they should?
Then we tell GGG's people and Jacobs people to make the fight.

Jacobs' trainer just said Dec 10 was never an option, he hasn't started training and would need 10-12 weeks for such a tall task. Then there's this from 2 months ago:

http://www.BS.com/jacobs-ill-f ... ey--108136

The 17th January was the WBA's fight deadline date as per the 120 day deadline stated during their announcement of this mandatory bout on the 11th September. The 10th December was HBO's pencilled-in preferred fight date for GGG's next contest.

When Loeffler requested the WBA to proceed straight to purse bids, without seeing through the remaining contract negotiations time period and opting to forgo the 10-day purse bid notification period, there was no guarantee that K2/HBO would have won the purse bid, meaning that the 10th December date would have been utterly meaningless.

[Enlightened-One]

Has anybody heard any recent news about the WBA’s purse bid process for the Golovkin-Jacobs mandated bout, which was supposed to proceed to purse bids by tomorrow’s deadline?

I’m aware that Loeffler says he wanted the GGG-Jacobs contest to be staged in 2017, but we’ve not received confirmation of this from either the WBA or from Jacobs.

If K2 are allowed to postpone the WBA’s mandated bout on their own accord, without requiring permission from the WBA and without facing any repercussions, then what was the point in the WBA ordering the fight and stipulating deadlines in the first place?

[boxing_rocks]

Mitchell Abramson
‏@mabramson13
Breaking: @GilberticoWBA told me @TomLoeffler1 has applied for an extension in talks for GGG-Jacobs so purse bid won't be ordered today.

[lefty]

Mitchell Abramson
‏@mabramson13
Breaking: @GilberticoWBA told me @TomLoeffler1 has applied for an extension in talks for GGG-Jacobs so purse bid won't be ordered today.

Wasn't it already extended to today?

[boxing_rocks]

Mitchell Abramson
‏@mabramson13
Breaking: @GilberticoWBA told me @TomLoeffler1 has applied for an extension in talks for GGG-Jacobs so purse bid won't be ordered today.

Wasn't it already extended to today?

Yes, and he has been granted 15 more days:

http://www.ringtv.com/469184-loeffler-g ... obs-talks/?

[lefty]

Wasn't it already extended to today?

Yes, and he has been granted 15 more days:

http://www.ringtv.com/469184-loeffler-g ... obs-talks/?

Wtf is the point of these deadlines if they just constantly extend them

[Enlightened-One]

Wasn't it already extended to today?

Yes, and he has been granted 15 more days:

http://www.ringtv.com/469184-loeffler-g ... obs-talks/?

Wtf is the point of these deadlines if they just constantly extend them

I have to agree. The WBA's deadlines are utterly meaningless if they keep getting extended for no reason other than inconvenience.

[boxing_rocks]

Presidents of ABC orgs are egocentric narcissists who love underscoring their importance by bending their own rules. Besides, WBA is the most corrupt org out of the 4.

[boxing_rocks]

Presidents of ABC orgs are egocentric narcissists who love underscoring their importance by bending their own rules. Besides, WBA is the most corrupt org out of the 4.

... and here is another illustration of the same: http://www.sportsmole.co.uk/boxing/news ... 83760.html

[lefty]

Presidents of ABC orgs are egocentric narcissists who love underscoring their importance by bending their own rules. Besides, WBA is the most corrupt org out of the 4.

... and here is another illustration of the same: http://www.sportsmole.co.uk/boxing/news ... 83760.html

The WBA is a joke. I hope they go bankrupt.

[SaadOffTheDeck]

Wasn't it already extended to today?

Yes, and he has been granted 15 more days:

http://www.ringtv.com/469184-loeffler-g ... obs-talks/?

Wtf is the point of these deadlines if they just constantly extend them

$$$$$