Anthony Mundine vs. Shane Mosley in talks for August/September fight in Australia

[Fenster]

Mundine is a PPV fighter in Aus, that's where the 7 figures come from, remember he was a Rugby star before crossing over to boxing. This fight with Mosley clearly didn't sell though.

Mosley got $300,000 upfront which he gets to keep. Considering he was offered $250,000 to fight Ortiz before taking the Mundine fight, that's what I call a result. He didn't even have to throw a punch.

[p4pking]

Just heard about this, what a shady business boxing is. If Mosley was guaranteed the amount up front and didn't get it he couldn't have had many other options, but why on earth did this all not come about until now? The promoter(s) must have either been praying that half the seats would sell out days before the fight, or that Mosley would fight even though his purse was withheld, and either is ridiculous.
Kind of funny that the end result is more satisfying for all though. Mosley gets a nice little chunk of cash for doing nothing, the promoters lose their money, and we don't have to see a shot hall of famer either struggle to beat Mundine or lose to the cunt.

[IamInuit]

Just heard about this, what a shady business boxing is. If Mosley was guaranteed the amount up front and didn't get it he couldn't have had many other options, but why on earth did this all not come about until now? The promoter(s) must have either been praying that half the seats would sell out days before the fight, or that Mosley would fight even though his purse was withheld, and either is ridiculous.
Kind of funny that the end result is more satisfying for all though. Mosley gets a nice little chunk of cash for doing nothing, the promoters lose their money, and we don't have to see a shot hall of famer either struggle to beat Mundine or lose to the cunt.

Just odd. Tarver and Jones got paid w/o issues.

[Kirkland Laing]

They only sold 1500 tickets. The PPV projections were abysmal. The promoter didn't even have the 300K in the first place, Jeff Fenech put that up for some reason. There was no way he was going to see the money so he did the sensible thing.

[IamInuit]

They only sold 1500 tickets. The PPV projections were abysmal. The promoter didn't even have the 300K in the first place, Jeff Fenech put that up for some reason. There was no way he was going to see the money so he did the sensible thing.

Seeing reports that Main events offered Shane another 500 k to save the fight and he asked for the cheque. Just a strange series of events.

[IamInuit]

Anthony Mundine and his team plan to follow Shane Mosley to the US in hopes of rescheduling the flight. “The fight is off for now, but it could be rescheduled. that’s what we’re working on,” Mundine said during a hastily called news conference at the Tony Mundine Gym in Sydney, Australia.

Meanwhile, Shane Mosley and his team are currently over the Pacific Ocean on Quantas flight 107. The plane is expected to arrive at LAX at around 6:45AM Wednesday morning.

Despite not fighting, Mosley will pocket $300,000, which was paid in advance per the contract and was nonrefundable. He was due the balance of $700,000 before the fight, which promoter Wlad Warton was unable to produce.

Boxing Hall of Famer and legendary Australian world champion Jeff Fenech stated that he personally put up the money to get Mosley to fight in Australia. “I gave him $460,000,” Fenech told AAP. “I certainly wouldn’t have done that if I thought the fight wasn’t going to go ahead because my guarantee was that when the fight went ahead, (with) the pay-per-view money and the pub and club money that I’d be paid back, but now it doesn’t look like it….Vlad Warton told me he needed $US300,000 as a start to getting here, then another $US100,000 for all his expenses, and a little more. So I accommodated for all that, and now they’ve gone home so I’m really left with nothing. It’s going to be a little bit tough for a while.”

Jeff got bent over the park bench and probably never got kissed first. Shane looks like a common criminal. An elaborate con-job.

[p4pking]

Very tough for Fenech, but it doesn't really sound like Shane was in bad faith or anything here to me If he was due the other 700 grand in writing before the fight, regardless of how absurd his making a million for the fight may have been, he has no obligation to fight without getting it. Seems like Fenech may have made the biggest error in judgement, this Warton promoter must have talked him into it somehow to cut his losses. Surely they(Mosley, Fenech and co) would have known that sales were crap though, must be more to the story.

[IamInuit]

Very tough for Fenech, but it doesn't really sound like Shane was in bad faith or anything here to me If he was due the other 700 grand in writing before the fight, regardless of how absurd his making a million for the fight may have been, he has no obligation to fight without getting it. Seems like Fenech may have made the biggest error in judgement, this Warton promoter must have talked him into it somehow to cut his losses. Surely they(Mosley, Fenech and co) would have known that sales were crap though, must be more to the story.

Yeah but when you put it all together its starting to stink a little on Shanes part and I hate to say that because I really like him and gave up on Mundine years ago after starting out as a big fan.

I mean why the 300 grand down payment to begin with? Did he have some pressing bill. And the 100 grand expenses? Seriously that's simply outrageous. Just because he never got the pay on time does not mean he was not going to get paid. As it turns out Mundines ticket sales are always bad but its the ppv numbers that make it up and again Shane was fronted half the money already. The contract demands from the get go look excessive makes makes the ending dubious at best. I agree that there must be much more to this story.

[p4pking]

Maybe Shane was simply brought up to date on Mundines lack of drawing power and demanded the guarantee in case exactly this happened. That doesn't mean he wasn't hopeful that it would still sell or the promoters would gamble on it and pay him, he obviously needs to the money after all. It's not as if he'd rather waste his time training and making the trip to Australia for 300k than go through with the fight for a full million, which was his guarantee before the fight. It's a promoters job to project revenues and pay the fighters a fraction of that, if they fuck up to this point I don't see how the blame lies with anyone else. I'd bet Fenech just got fleeced royally by this Wharton character one way or another.

[IamInuit]

Well the whole thing stinks and I've been a fan of Shane since before he was lw champ.

A 300 thousand dollar down payment on services not rendered.
Over a 100 thousand dollars for expenses not yet incurred.
The balance of the million dollar purse paid in full two days before the bell rings.
A guarantee given and then refused even though they already in good faith paid half up front.
He goes home with 400 k in his pocket for doing sweet F all.

To me that's a scum bag.

[p4pking]

You could well be right, maybe Shane knew this was a good possibility during/after negotiations. Still doesn't change that he's just the boxer, if there wasn't a much bigger scumbag or two involved I don't see how this would’ve went down. How uncommon is it to demand your purse before a fight overseas really? I have no idea.

[Kirkland Laing]

Well the whole thing stinks and I've been a fan of Shane since before he was lw champ.

A 300 thousand dollar down payment on services not rendered.
Over a 100 thousand dollars for expenses not yet incurred.
The balance of the million dollar purse paid in full two days before the bell rings.
A guarantee given and then refused even though they already in good faith paid half up front.
He goes home with 400 k in his pocket for doing sweet F all.

To me that's a scum bag.

Shane was going to walk away ages ago because there was loads of evidence the fight was in trouble, ticket sales etc. So they paid him the 300K up front and he arranged to have the rest paid before the fight. The other people agreed to that , then failed to keep their side of the agreement. There was zero chance he was going to get paid after the fight so he went home. What's the problem?

Also, he's had a training camp for this fight and has taken a bunch of people over there with him. He's obviously spent lots of money getting ready for the fight. It'll be in the contract that he's reimbursed for that too. Shane isn't the problem here unless you think he should fight for 30% of the amount he agreed to and then hope somehow he gets the rest after the fight.

[IamInuit]

Well the whole thing stinks and I've been a fan of Shane since before he was lw champ.

A 300 thousand dollar down payment on services not rendered.
Over a 100 thousand dollars for expenses not yet incurred.
The balance of the million dollar purse paid in full two days before the bell rings.
A guarantee given and then refused even though they already in good faith paid half up front.
He goes home with 400 k in his pocket for doing sweet F all.

To me that's a scum bag.

Shane was going to walk away ages ago because there was loads of evidence the fight was in trouble, ticket sales etc. So they paid him the 300K up front and he arranged to have the rest paid before the fight. The other people agreed to that , then failed to keep their side of the agreement. There was zero chance he was going to get paid after the fight so he went home. What's the problem?

Also, he's had a training camp for this fight and has taken a bunch of people over there with him. He's obviously spent lots of money getting ready for the fight. It'll be in the contract that he's reimbursed for that too. Shane isn't the problem here unless you think he should fight for 30% of the amount he agreed to and then hope somehow he gets the rest after the fight.

Mundines venues make the money looking at past events on ppv. He draws huge for whatever reason. The problem with your opening premise is that it even makes look like more of a scum bag for taking the money off Fenech.

[Hulk]

Just heard about this, what a shady business boxing is. If Mosley was guaranteed the amount up front and didn't get it he couldn't have had many other options, but why on earth did this all not come about until now? The promoter(s) must have either been praying that half the seats would sell out days before the fight, or that Mosley would fight even though his purse was withheld, and either is ridiculous.
Kind of funny that the end result is more satisfying for all though. Mosley gets a nice little chunk of cash for doing nothing, the promoters lose their money, and we don't have to see a shot hall of famer either struggle to beat Mundine or lose to the cunt.

Hahaha! Well said.

Mundine really is a cunt isn't he?

[Fenster]

Laughable that Mosley is in the wrong.

Danny Williams-Mike Tyson. Williams purse is $250,000. The night of the fight, whilst getting gloved up, he's told the promoter has gone bust, he's now getting $65,000 take it or leave it