Yeh Kings a walking cartoon but he and Arum always served as counter balance to one another. Competion as shown by Kings early SET ppvs which were the best I've seen. On the flip side though, both of their stubborn arses prevented some great fights from happening, network haggeling and not risking 'franchise' fighters.
A monopoly is not good. It may streamline and simplify early on but it won't last and even more quality fighters will lose 'favor' thus exposure to fans and vice versa. Unified boards and commision are the answer not a self anointed czar with a direct financial interest in contract terms and outcomes. Like ex fighters being involved big time but one man one vote gets sticky.
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