Introduction- Ali Act
Over the last couple of decades, the boxing community has routinely placed the blame on boxers for not booking big fights promptly. A perfect example of this is when members of the boxing community accused Saul “Canelo” Alverez of ducking Gennady Golovkin because he waited several years to make the fight. For instance, Liam Smith, a former opponent of Alverez told ESPN in 2016 that Canelo made the right decision in ducking the fight because he wasn’t “big enough.” However, the boxing community should spread the blame evenly among the boxer and promoter for not making big fights in a timely manner. This is because the United Government enacted a federal law called the Muhammad Ali Boxing Reform Act on May 26th, 2000. According to Boxing Insider, the Ali act was put in place “to protect the rights and welfare of professional boxers… to promote honorable competition in professional boxing”.
Boxer Vs Promoter
Due to this, if a boxer chooses to hire a manager and promoter, he or she must split the role between two people due to a conflict of interest with both roles. A boxing manager is hired to represent the interests of a boxer during contract negotiations with a promoter. For example, a manager informs the promoter when the boxer is available to fight and what amount of compensation he wants for the fight. On the other hand, the promoter wants to maximize profits for every contracted fight. For example, a promoter will often attempt to lower the boxer’s compensation during negotiations with a manager to maximize profits. As a result of this, there are several factors taken into consideration when it comes to making a fight. A boxer must determine if he is interested in taking the fight, ready to face the opponent and see the amount of compensation he is getting for the match. Once the boxer evaluates all these factors, he will give an answer to his manager who will relay it to the promoter. On the other hand, the promoter will assess the compensation his client is asking for, what kind of money the fight can generate and whether his client has an easy path to victory. If the opponent can check all the boxes for the boxer and promoter, the fight will be made. On the other hand, if the fighter and promoter disagree, the contest will be taken off the table or delayed until it checks the boxes for both parties.
Anthony Joshua Vs The Hearn Family
A perfect example of this is the battle between Anthony Joshua and Eddie Hearn on when is the right time to accept a bout with Deontay Wilder. During an interview with IFL TV on April 13th, Joshua stated that he would take the fight tomorrow if he were given a guaranteed purse of 50 million dollars. Twelve days later, Deontay released a video on all his social media platforms stating that he managed to gather the money and sent an offer to his team. Later that day, Anthony responded to the video in Deontay Wilder’s Instagram comments by saying lets roll. Unfortunately, Anthony Joshua has yet to formally accept the bout because Eddie Hearn and his father don’t think it is the right time for the match. According to the Daily Mail, Barry Hearn told Joshua that if he had about six months to live he should fight him. However, “if you’re saying to me that you’ve got a legacy plan then I’m saying let’s capitalise on it properly.”