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Documents reveal how Vergil Ortiz Jnr, Oscar De La Hoya strayed

Documents reveal how Vergil Ortiz Jnr, Oscar De La Hoya strayed

“In the event Promoter receives an offer to provide Boxer a fight from another promoter or broadcast platform under a provision of services (“POS”) or similar agreement, Promoter must disclose to Boxer the full value of all compensation offered and will provide Boxer with a copy of such POS or similar agreement and have Boxer included as a party to such agreement. In the event that a third party promoter, broadcaster, or financier wants to negotiate a fight involving Boxer; Promoter, Boxer, and his representatives will work in good faith to maximize the opportunity for all parties, including but not limited to, as necessary, by Promoter allowing Boxer’s representatives to directly negotiate the bout with the third party. Unless the parties agree otherwise, Promoter shall receive a POS fee equal to twenty-five percent (25%) of Boxer’s compensation for the bout.”

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