Norcalboxing.net
Gamboa has been sued by Top Rank. (Chris Farina)
Based
on a document obtained by Norcalboxing.net, promoter Top Rank has filed a
complaint against Cuban star Yuriorkis Gamboa for allegedly breaching a contract that
would pit him against former lightweight champ Brandon Rios on April 14 in Las
Vegas.
"Since
mid-2009, Top Rank has invested millions of dollars to develop, advance,
and promote Gamboa’s career,” alleged the complaint by Daniel Petrocelli and
David Marroso of O’Melveny & Myers LLP. “Under Top Rank’s
financial commitment and stewardship—just the right mix and selection of
opponents, venues, broadcasters, and sponsors—Gamboa is on the verge of
stardom.
"Now, having benefited from Top Rank’s considerable history, talents, connections, and success, Gamboa willfully breached multiple obligations to Top Rank and has clearly and unequivocally announced his intent to repudiate the contracts in their entirety."
"Now, having benefited from Top Rank’s considerable history, talents, connections, and success, Gamboa willfully breached multiple obligations to Top Rank and has clearly and unequivocally announced his intent to repudiate the contracts in their entirety."
The
complaint, filed in Federal District Court in Nevada, also blames a number of
unnamed “John Does” responsible “in some manner” for urging Gamboa to break
said agreement with Top Rank.
“Top Rank believes one or more rival boxing promotion companies and unknown individuals associated with them are at the root of Gamboa’s wrongful conduct,” it continued.
“These
‘poachers’ see what everyone sees—a gifted boxer platformed by Top Rank for
superstardom—and they want to unfairly capitalize on what Top Rank orchestrated
and built. Upon information and belief, the rival promoters and others promised
Gamboa that if he breaches his contract with Top Rank, they will promote his
fights.”
Top
Rank also revealed the monetary aspects of the agreement, which included a
hefty advance and a purse “four times his contractually-guaranteed minimum.”
“After agreeing to fight Rios, Gamboa requested, received, and accepted in excess of $70,000 in advances from Top Rank and Arena in anticipation of the Rios bout,” the complaint stated.
The
complaint concluded with a request for judgment against Gamboa and “[d]irect and consequential damages in an amount
to be proven at trial in excess of $1,000,000,” as well as “reasonable attorney
fees” and “[a]ll costs of the suit incurred.”
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