Remember that $100M lawsuit Top Rank filed against Al Haymon last summer? Well, that's no longer a thing. 10 months after Top Rank promoter Bob Arum filed an anti-trust lawsuit against the PBC creator, the two sides have officially come to a settlement.
"The stipulation of dismissal was filed in federal court in Los Angeles, and it's a matter of public record," Arum told ESPN.com. "We settled, but the terms of the settlement are confidential, and I'm not going to talk about it. I'd be pissed if they said anything about it, and I am not going to."
Arum declined to comment on why he decided to settle the case against Haymon, but he did say that it had nothing to do with any potential rematch between Haymon client Floyd Mayweather and Manny Pacquiao, whom he promotes. Both sides were knee deep into the discovery phase of the lawsuit before they stopped exchanging document a couple of weeks ago. At that point it was rumored that a settlement was on its way, and now its official.
"Plaintiff Top Rank, Inc. and Defendants Alan Haymon, Haymon Boxing LLC, Haymon Sports LLC, Haymon Holdings LLC, and Alan Haymon Development, Inc. hereby stipulate to the dismissal with prejudice of all claims between them in this action, pursuant to Federal Rule of Civil Procedure 41(a)(1)(A)(ii), and subject to the terms of a confidential agreement," the ruling said.
Perhaps after exchanging documents both sides decided they'd be better off not airing-out each others dirty laundry as a matter of public record. Whatever is the case, which we may never know for certain, Arum is hopeful he and Haymon can work together on some big fights going forward.