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A member
of Team Corrales told Pound4Pound on
Friday afternoon that although he
thinks Diego will eventually end up
with Golden Boy, he is not so sure
the deal is 100% official, and now
we know why.
Reports are circulating today that
Diego is still contractually
obligated to Shaw for at least one
more fight and the promoter plans on
holding Corrales to that commitment,
or else. Like the premature GB
announcements in the past, our
source noted, "Look at the Juan Diaz
deal, Golden Boy was saying they
signed him, then he jumped to King!" |
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Our Corrales source questioned the
business sense of GB CEO Richard
Schaeffer: "I don't know why Richard
allows them to send out these press
releases so early like that all the
time, but that's what he do!"
In sending out the early press
release Golden Boy has once again
jumped the gun and now it's a case
of , "let the chips fall were they
may!" Seems to be a very strange
bargaining tactic for a company that
proclaims to be in it to change the
face of boxing for the good, yet
time and time again is involved in
seemingly sketchy negotiations.
From the Juan Diaz debacle and
onward it seems every time Golden
Boy snags a fighter there are legal
ramifications surrounding the
signing. One only need to look at
the yet to be settled Manny Pacquiao/Top
Rank situation to understand this is
not the first time Golden Boy has
jumped the gun in an attempt to sign
a so-called free agent.
Moving on, when we asked about
Chico's long time promoter and
advisor Gary Shaw, the source
proclaimed, "Gary always treated
Diego real well and even made him a
bundle of money after that loss, 1.2
million dollars. Yes, Gary always
treated Chico right, but I think
Diego just wants to test the waters
out there."
No doubt the waters he wants to test
are the waters that are becoming the
shores that most Golden Boy fighters
frequent themselves, that being the
crystal clear and treasure filled
waters of HBO.
One with even a smattering of legal
knowledge would view this current GB
mess and ask this obvious question:
Why would Golden Boy's Richard
Schaefer and Oscar De La Hoya
apparently take the word of Diego
Corrales and his manager that was a
free agent without have their
lawyers check with Shaw to make sure
there is not a legal issue?
It's now not a mystery why Golden
Boy Executive and Champion Shane
Mosley and his wife Jin suddenly
came out of seclusion and were in
Las Vegas during the Corrales vs.
Casamayor festivities. From the
weigh in to the post fight, the
Mosleys were on hand, and it was
more than just to support a longtime
friend. Obviously it was meant to
sway Chico over to the other side,
and apparently it worked.
Another source told us that a major
topic of discussion during that
weekend was " the pennies that Diego
has been making at Showtime and the
real Dollars he could earn at HBO.
Quite frankly, you can't argue that
point. With Shaw, Diego has become a
household name and earned the
respect of the boxing community, but
being with Shaw also meant Showtime,
and though he earned respect, Diego
could not earn the type of dollars
that HBO presents, it's hard to
argue with that.
But at the same time one has to ask
himself where do loyalties really
lie? Just last month Corrales told
Pound4Pound when we asked about his
relationship with Shaw, "My concern
is that I am being treated fairly
and when things are going right for
me, then I am happy. And Gary so far
has always done so. And that?s it,
I?m happy!? Later in that same
conversation Chico said ?It?s very
easy to follow the crowd, but until
I see Gary doing something wrong,
and I never have, and as long as he
keeps things on the up and up and
let?s me know what?s going on, then
I don?t have any reason to make
waves, all I want to do is my job! I
am happiest when I am doing my job,
that?s how I work. Gary has always
done his job and kept things
peaceful with me I am sure he will
keep it that way.?
The next question you have to ask
is, what did Shaw do wrong? He
didn't come in overweight for a
fight. He wasn't responsible for the
site fee to be yanked out from under
himself and he wasn't responsible
for Diego getting stripped of his
belt. Along the way Shaw stuck by
Chico's side when Diego decided to
forego his Championship fight with
an overweight Jose Luis Castillo
which meant a huge hit to his
wallet, a true sign of loyalty to
his fighter when other less
concerned promoters might have
coaxed Diego to fight on against
Castillo and cash in.
It appears that if Shaw has done
something wrong it was to not put
HBO in his back pocket. Look at all
the fighters he lost recently and
guess where their next TV appearance
will be?
You guessed it, HBO!
Also in our report from last month
we got some comments from Shaw about
Diego and looking back at them now
you have to believe Shaw was blind
sided by this maneuver. "Diego is
special, I feel the warmth, I feel
the loyalty. And I hope that you
won?t be calling me a year from now
or five years from now to ask me how
I feel now that Diego Corrales left
me. I hope that day never comes
because some fighters you don?t care
and some fighters you just expect it
from, but losing Diego Corrales
would be a deep hurt.?
Boxing can be one of the harshest
sports when it comes down to
business, and in this instance you
get an idea of what it all boils
down too.
It's one of the most overused
sayings in the sport, but it is so
apropos here,
"If it doesn't make dollars, it
doesn't make sense!" |