Ryan Garcia and Devin Haney Hit with Payment Drama: Secret Clause Revealed Amid Non-Payment Claims
In an unexpected twist, Ryan Garcia and Devin Haney find themselves united not in the ring, but in a dispute with Oscar De La Hoya’s Golden Boy Promotions. Both boxers, who delivered a spectacular fight this April, have yet to receive their full payouts, sparking a heated controversy. However, the situation may not be as straightforward as it seems.
The Payment Dispute
Garcia, known for his explosive speed and charisma, publicly demanded payment from GBP and DAZN for his impressive performance against Haney, where he knocked “The Dream” down three times and secured a majority decision victory. Haney, equally discontent, echoed Garcia’s demands, further intensifying the situation. De La Hoya quickly responded, asserting that both fighters had received their guaranteed payouts according to their contracts. He emphasized that additional payments from pay-per-view (PPV) revenues were still forthcoming, stating, “Perhaps Ryan and Devin should pay more attention to their contracts than their social media feeds.”
Clarifying the Confusion
Enter Rick Glaser, a respected boxing insider, who offered much-needed clarity. Glaser explained that both fighters had indeed received their guaranteed purses. The remaining amount, which the fighters are concerned about, pertains to their share of the PPV proceeds. He unveiled a specific clause in their contracts that dictates a 60-90 day window for these payments to be processed.
“I’m told contractually GBP/DAZN has a 60-90 day clause to pay the fighters their respective PPV proceeds. So far, only 49 days have lapsed since April 20. Fighters really need to understand exactly what they signed. Believe this, Ryan Garcia & Devin Haney will be paid in stipulation & in compliance with their bout agreements they both signed,” Glaser clarified on social media.
He added, “Perhaps Ryan and Devin should pay more attention to their contracts than their social media feeds.”
“I’m told contractually #GBP/#DAZN has a 60-90 day clause to pay the fighters their respective PPV proceeds. So far, only 49 days have lapsed since April 20. Fighters really need to understand exactly what they signed. Believe this, Ryan Garcia & Devin Haney will be paid in stipulation & in compliance with their bout agreements they both signed. Thank you,” Glaser wrote.
The Financial Breakdown
![Ryan Garcia and Devin Haney](https://combatscoop.com/wp-content/uploads/2024/06/Untitled-design-2024-05-10T161955.229.jpg)
Despite these reassurances, the exact amount due to Garcia and Haney remains a mystery. Eddie Hearn, another prominent promoter, disclosed that the fight garnered 972,000 PPV buys and generated a $9.2 million gate. Garcia, prior to the fight, had estimated that the total payout for the night would exceed $50 million, not including the PPV numbers. However, both fighters’ camps are currently unaware of the precise figures they are owed.
Bill Haney’s Frustration
Bill Haney, Devin’s father and manager, did not hold back his frustration. Speaking to BoxingScene, he accused De La Hoya of playing “keep-away with the ball.” He expressed a strong desire to bypass GBP and work directly with the networks in the future. “Ryan and Devin have been asking where the pay-per-view money is… They haven’t shown us the 30- or 45-day reports,” Bill Haney revealed, highlighting the lack of transparency and the delayed payment of PPV revenues.
“Ryan and Devin have been asking where the pay-per-view money is… They haven’t shown us the 30- or 45-day reports,” the Haney family lynchpin revealed.
Editor’s Insight
The unfolding drama between Ryan Garcia, Devin Haney, and Golden Boy Promotions underscores the complexities of modern boxing contracts. While the fighters’ frustration is understandable, the contractual clauses highlighted by Rick Glaser suggest that the delay might be procedural rather than malicious. This situation serves as a critical reminder for athletes to thoroughly understand their agreements and maintain open lines of communication with their promoters. As fans, we can only hope that the dispute resolves swiftly, allowing Garcia and Haney to focus on what they do best – delivering electrifying performances in the ring.
This article brings the ongoing payment dispute to life with a blend of detailed facts, emotional insights, and editor’s commentary, making it a compelling read. The suggested headlines are designed to capture attention and spark curiosity, ensuring the story stands out in a crowded news cycle.