Businessman Óscar de la Hoya spoke out regarding the legal situation of Australian fighter Jai Opetaia, who took legal action after being stripped of his cruiserweight belt by the International Boxing Federation (IBF).

The legal controversy of the oceanic boxer seeks his reinstatement as the official monarch of the sanctioning body.

Subscribe to DAZN here and don't miss the best of BOXING

However, for the management of Golden Boy Promotions, this judicial process represents a strategy promoted by the Zuffa Boxing company to weaken the regulatory structure of the traditional entities of the discipline.

The outlook on Jai Opetaia's lawsuit and the FIB

During his intervention on the digital platform where he broadcasts his weekly analyses, the president of the promoter argued that the athlete is carrying out formal litigation to favor the interests of the company directed by Dana White. According to the manager's view, the dispute before the courts does not respond to an individual initiative of the competitor, but to external corporate planning.

"Poor Opetaia... I feel very sorry for him, because Zuffa has him suing the IBF on his behalf. He is literally fighting the legal battle for Zuffa," declared Óscar de la Hoya in his usual audiovisual space Clapback Thursday, adding that the dynamics of institutional representation in the courts qualifies as an inadequate fact within the combat sports industry.

The Trojan Horse analogy and the business model

The developer's analysis also covered the hiring strategies the new company uses to add active talent to its ranks. Taking as a reference the film production The Odyssey, the former world champion compared the promoter's entry into the discipline with the myth of the Trojan Horse, stating that the initial financial outlays seek to deceive professional athletes.

"Zuffa Boxing is the Trojan Horse. They are overpaying a few boxers to make them believe that this big money will continue to flow, but it will not be like that, only until they monopolize the sport, which is what they want," added Óscar de la Hoya in the same publication on his social networks. In that sense, the manager warned that the company's employment scheme will end up replicating the compensation parameters usually used in mixed martial arts.

Warnings about contracts and the reform of the Ali Law

The position of the rival promoter contemplates, according to the perspective of Golden Boy Promotions, promoting modifications to current regulations such as the Muhammad Ali Law to establish a closed circuit with its own classifications and titles. To support his argument, the manager pointed out the recent signings of figures such as Shakur Stevenson and the fighter Conor McGregor, specifying that their employment ties are structured through short-term agreements to generate a false perception of solvency.

"They want to change the Muhammad Ali Law to be able to operate as their own league, with their own rules, their own rankings and their own unicorn belt. They are attracting the biggest names with contracts for fights, but not with long-term agreements," Óscar de la Hoya detailed in his digital space. In this regard, the leader projected that once market exclusivity is obtained, the amounts of guaranteed bags will register considerable reductions for new candidates in the category.

Comparisons with other sports models

To conclude his message to the new generations of athletes, the promoter compared the current financial situation of boxing with the process experienced in circuits of other disciplines such as LIV Golf, where the initial budgets faced adjustments as the seasons passed. The manager urged young competitors to evaluate the representation clauses before committing their image rights to organizations that do not have the support of traditional entities.

"Look, when they have a monopoly, no one will receive good payments again. They need all of you to fall into the trap with this excessive spending that you are seeing now. But that cannot be sustained, just as it happened with LIV Golf. So don't be the city of Troy, friends. Don't sell out," concluded Óscar de la Hoya in the broadcast of his broadcast channel.

This news has been tken from authentic news syndicates and agencies and only the wordings has been changed keeping the menaing intact. We have not done personal research yet and do not guarantee the complete genuinity and request you to verify from other sources too.