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Sunday, December 27, 2009

Bring In Judge Weinstein In the Pacquiao-Mayweather Negotiations

Arum and Schaefer enlisted the service of Weinstein,who successfully helped resolve lawsuits between Top Rank and Golden Boy Promotions three years ago. It is now time to bring in the high profile mediator in the Pacquiao-Mayweather boxing negotiations.
In mid- 2007, Top Rank and Golden Boy Promotions have reached a settlement of their various legal disputes, including promotional rights on the Filipino superstar Manny Pacquiao.

Dan Rafael of ESPN sports reported in his column the words uttered by the heads of two promotional firms regarding Daniel Weinstein.

"He played a very instrumental role," Schaefer said of the retired judge. "If not for him, I don't think we could have done this. He really took ownership of the case and understood how delicate it was."

"Anybody who tells somebody not to use a mediator in this kind of situation is out of their mind. This guy was tremendous in getting both of us to realize how destructive our conduct was and how productive it would be to work together. You need a guy like that to mediate the dispute and see the broader picture."said Arum.
The settlement paved way for great fights to happen like the Pacquiao-Marquez rematch and Pacquiao-De la Hoya encounter.
Top Rank and Golden Boy have a history of legal disputes. It is important to bring in a high profile mediator in the negotiations before everything spirals out of control.
The conflict between Pacquiao and the Mayweathers has not reach the courtroom yet.

The promoters should avoid things becoming more ugly. Bringing someone early is the logical thing to do even though it would cost them a lot of money. But the sum paid to the mediator is nothing compared to what fighters and promoters will earn when the megafight between Pacquiao and Mayweather would push through.

Bring In Weinstein if Top Rank and Golden Boy are not able to resolve issues in the negotiation. It is in the interest of boxing and fans for this fight to happen.

Source: digitaljournal.com

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