By Felix Jesus Mendoza
The super welterweight division registers an administrative stabilization of great relevance for the development of its competitive calendar. The boxing promoter and president of the company Golden Boy Promotions, Oscar de la Hoyaannounced the definitive resolution of the legal disputes that he had with the American boxer Vergil Ortiz Jr.confirming that Both parties will continue to work together with an eye on the unification billboards.
Through an official statement issued by the promotion company, it was detailed that the agreement reached by mutual agreement puts an end to the contractual hostilities that threatened to pause the career of the undefeated Texan athlete for a long time.
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“Golden Boy Promotions, Vergil Ortiz Jr and Ortiz’s representative, Rick Mirigian, announced today that they have reached an amicable agreement to resolve all outstanding disputes between the parties”reads the official document released by the firm of Oscar de la Hoya to inform the public about the closure of the complaints.
The director of the promoting organization expressed his agreement with the continuity of the employment relationship and highlighted the training process that they have shared since the initial stages of the career of the boxer of Mexican origin. “Our relationship with Vergil spans more than a decade and we are proud to have contributed to his development into one of the best fighters in the sport,” he said. Oscar de la Hoya in the written statement that accompanied the announcement of the trade reconciliation.
Background of a dispute that touched the federal courts
The distance between the promoter directed by Oscar de la Hoya and the boxer’s corner It formally originated in January of this year, when Ortiz Jr. filed a lawsuit seeking to terminate his exclusivity contract. for alleged blockages in the coordination of their billboards.
The promotion company responded quickly before the courts of the state of Nevada, expressing its willingness to take the dispute to a federal court to protect its image rights and representation of the athlete.
During the following months, the negotiation environment was marked by hostile statements in the media and digital platforms, where the boxer assured that his stage under the Golden Boy Promotions firm was completely concluded. In response to these positions, the office of Oscar de la Hoya He described the actions of the opposing camp as a sign of ingratitude, a tense panorama that forced the suspension of bilateral negotiations that were still active to schedule unification combats in the summer season.
Despite the complexity of the judicial process, private dialogue tables between the legal representatives of the promoter and the fighter’s agent, Rick Mirigian, facilitated the drafting of a new agreement whose financial conditions and validity will be maintained under strict confidentiality to protect the commercial interests of the alliance.
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