Pacquiao Manager Sues Mayweather Promoter for $100 M in ‘Rigging’ Lawsuit
Bob Arum, Manny Pacquiao’s manager is suing Al Haymon, Floyd Mayweather’s promoter for “rigging the boxing industry” in a $100 million lawsuit.
Arum invoked the name of Jay Z in the filing.
Top Rank claims Haymon has been using unsavory tactics to monopolize the boxing industry — including illegally blocking fights, blocking venues and freezing out other promoters, including Top Rank and Jay Z’s Roc Nation Sports company.
Top Rank claims Haymon — who “famously runs his empire from an old school flip phone” — is leveraging his impressive client list (which includes Mayweather, Adrian Broner, Danny Garcia and more) to monopolize the boxing industry.
For example, Top Rank claims Haymon cajoled one of his fighters — Peter Quillin — to turn down a $1.4 million payday in 2014 (the biggest payday of his career) because Jay Z had won the right to promote the fight and Haymon didn’t want to let Roc Nation get his foot into the boxing game.
This should be an interesting “fight”!