King posts $1 million bond! [FONT=Verdana, Arial, Helvetica, sans-serif]After winning an emergency injunction this afternoon over a rival promoter and one of his fighters that was attempting to participate tonight in an MMA match in Fayetteville, N.C., Don King had one last hurdle to clear: Florida state law required him to post a bond that Broward County Circuit Court Judge Marc H. Gold determined at $1 million. And he had to do it within two hours. With most businesses that would help him conduct a transaction of this magnitude not operating on a Saturday, King departed the Ft. Lauderdale courthouse and returned prior to the deadline to present the judge with two duffel bags containing $1 million in cash to fulfill his obligation to the court. “I felt like I was Clint Eastwood in a movie, speeding down the highway with a fistful of dollars,†the 78-year-old King said after successfully posting the bond. King’s attorneys, Robert Zarco and Alex Brito of the Miami-based law firm Zarco, Einhorn, Salkowski & Brito, argued the case successfully. “Pursuant to the Judge’s Order issued this afternoon, the MMA promoter in question and Ricardo Mayorga are specifically ordered by the court from proceeding with tonight’s previously announced main event appearance by Mayorga in Fayetteville, North Carolina,†Zarco said. The MMA promoters would be wise to heed the words spoken by Judge Gold from his bench when told that the event in Fayetteville may go on regardless of his decision. “If my orders are disobeyed, there will be serious sanctions from this court,†Gold said. ............... I'm gearing up to watch this event tonight Live, alongside Khan/Malignaggi and StrikeForce. I hope Mayorga fights! [/FONT]
King stays trying to fuck over his fighters. I understand him wanting Mayorga not to do this though. If Mayorga gets fucked up, that'll impact King's money on the boxing side. Still, I hope Mayorga does it anyway just to tell King to piss off.
It's the classic scenario of wanting something just to say you have it. Why else does he sign fighters and then not actually match them up until they sue him? If not that, he's promising them a certain purse, and then giving them half or a third of it.
There already is a thread about this in the mma section. You should come discuss it with us there Hanz :atu:
I don't understand, is Mayorga still valuable for Don King? He's shot, on the brink of retirement and nobody would pay to see him.
It looks like the judge really wanted King to lose even if he might have some merit to his claims. The judge surely knew of the law requiring the bond to go into effect and made it ludicrously high. One million dollar bond? Come on. King just trumped him by having ONE FUCKING MILLION DOLLARS IN CASH available. I have no idea why King has ONE FUCKING MILLION DOLLARS IN CASH available or why he cares so much about Mayorga, but this is just beautiful. King rules.
King did Mayorga a huge favor anyway. Mayorga would be in the hospital right now if it wasn't for King stopping the card.
Whoa whoa I was just saying. Let's not sabotage this boxing thread. This is boxing forum after all ! Lets save mma discussions for the mma forum! I will gladly talk all about it there
:: No, I ain't going into that abomination of an MMA forum run by a psychopath named TFK. We'll talk about it in this thread here: http://www.fightbeat.com/forums/showthread.php?t=35788