Mayweather-Marquez: No one seems to know the weight

by SC on May 4, 2009 5:04 PM EDT in News Analysis Comment 12 comments

There is ongoing confusion between the promoters and fighters over what the weight limit will be when Floyd Mayweather Jr. and Juan Manuel Marquez fight on July 18. (via www.telegraph.co.uk)

View full size photo »

Robert Morales and Rick Reeno have compiled an article over at BoxingScene detailing a lot of ongoing confusion about what the weight limit actually is for the July 18 bout between Floyd Mayweather Jr. and Juan Manuel Marquez.

Marquez, coming up from 135, has said he didn't want to go all the way up to 147 pounds, where Mayweather has been competing since 2006. The deal had supposedly been reached for a catchweight, and to break it down in bullet points, here's the confusion:

Golden Boy matchmaker Eric Gomez said "143, give or take a pound," and then "144 max."
Golden Boy's Oscar de la Hoya said 143.
Golden Boy's Richard Schaefer told journalists to "ask Leonard Ellerbe," the CEO of Mayweather Promotions, which is -- in theory at least -- the lead promoter for this fight.
Ellerbe said, "It's a welterweight fight," meaning that the max is the normal 147 pounds.

Now everyone is awaiting a release from the promoters, including Schaefer and Mayweather's business advisor Al Haymon, about what exactly the weight limit is actually going to be for the fight.

It's never easy with the "Pretty Boy," is it?

0 recs | Comment 12 comments | Share

Story-email Email Printer Print

Comments

Surely there’s a bout agreement with a weight stipulation? Man I wish GBP was a public company.

by Nick_ on May 4, 2009 5:24 PM EDT reply actions 0 recs

Even if it was

That’s not information that’s material to a reasonable investor.

10b-5 on yo ass, securities lawyers holla!

Vogt early, Vogt often.

by Brickhaus on May 4, 2009 6:17 PM EDT up reply actions 0 recs

You really don’t think that fight would be big enough for GBP to make a bout agreement material? Or are you saying they wouldn’t have to disclose the weight limit only?

Either way you could argue materiality based on the impact a lower weight would have on the bout’s competitiveness and therefore on the public’s interest in it and resultant PPV revenues for GBP, etc. etc.

by Nick_ on May 4, 2009 6:36 PM EDT up reply actions 0 recs

Contract is entered into in the ordinary course of business

So it wouldn’t need to be filed as an exhibit and wouldn’t be a 1.01 item of Form 8-K. No reason to disclose for 10b-5 purposes.

Of course, if it was a public company, it would probably put out a press release that contained material information, because it would have an IR department.

Vogt early, Vogt often.

by Brickhaus on May 5, 2009 4:51 PM EDT up reply actions 0 recs

Thanks. I’m a 3L and my SecReg knowledge is a little rusty.

by Nick_ on May 6, 2009 10:07 AM EDT up reply actions 0 recs

I thought it was 145.

"A lie gets halfway around the world before the truth has a chance to get its pants on." - Sir Winston Churchill

by FlyByKnight on May 4, 2009 5:49 PM EDT reply actions 0 recs

I guess… 143.5…

"Boxing is dirty," said Casamayor. " The day I’m not ready to be a dirty fighter is the day I don’t fight anymore because it will mean that I have no heart for it anymore."

by Zocalo on May 4, 2009 6:15 PM EDT reply actions 0 recs

You know what I don't get?

Why people act like Money May having to go down in weight is a bad thing?

That’s an amazing thing. I’ve always thought he was best suited at 137 anyways. But to me, anything going down from 147 is a plus for him.

With that being said, I’m guessing it will end up at 143

by Option27 on May 4, 2009 6:28 PM EDT reply actions 0 recs

I hope that it is 142 or lower for Marquezs sake. Obviously the lower it is the better off he’ll be. Then again, that could benefit Mayweather just as much

by Full Throttle on May 4, 2009 7:49 PM EDT reply actions 0 recs