ARE TOP RANK BOXING & BOB ARUM CROOKS? YOU DO THE MATH & TELL ME!
San Francisco, CA- Although I was going to scan the “Yory Boy” Campas paycheck stub from his 2003 fight with Oscar De La Hoya, a fight Campas thought he was going to get $1 million for, my scanner broke so I will instead lay it out for you and you tell me if Top Rank boxing and their leader Bob Arum aren’t as crooked as San Francisco’s Lombard St., dubbed “the crookedest street in the world.” At the end, in the comment section I want you to tell me if you think Arum and his subordinates should not be in jail for defrauding the recently retired Campas? Remember, Top Rank boxing promoter Peter McKinn went to jail for screwing over Campas, a one-time champion at 154 lbs. from Mexico, in Arizona, this involved another fight.
THE EXACT NUMBERS FOR THE DE LA HOYA FIGHT
License Fee: $25
WBC Sanction Fee: $9,000
WBA Sanction Fee: $9,000
IRS Withholding: $30,000
WBA Manager License: $1,000
Anti-Doping/Urine Test: $10,000
Check Total: $20,975
NEED NOT BE A MATHEMATICS MAJOR TO FIGURE THIS OUT!
1) If the purse was $100,000 as stated on the official Top Rank check stub I have in hand, how could the WBC & WBA each take $9,000 ($18,000 total) when they take 3% of the purse from both champion and challenger?
2) I know the IRS takes a bit of change from any person earning money in the USA, but 30% or $30,000 of what the Top Rank stub says was a $100,000 purse? I contacted the IRS a while back and they told me the figures do not add up!
3) WBA Manager License: $1,000. If this is true, why is the fighter paying for a manager license, something I have never heard of in my three decades of writing about the sport and business of boxing.
4) Anti-Doping/Urine Test: $10,000. This is the real “stinker” here as far as I’m concerned. $10 grand for a $35 pee test?
HAVE YOU DONE THE NUMBERS ON THIS CRIMINAL ACT?
OK, now you do the math and tell me if I’m wrong or is Bob Arum and his company Top Rank guilty of Fraud, among other things? In closing, and this is my opinion: If there is a Hell, Bob Arum and his subordinates have a suite reserved for them for what they did to “Yory Boy” Campas alone! And this begs the question, how many other fighters did they screw out of earned monies?
YOU STILL THINK WE DON’T NEED A FEDERAL COMMISSION?
This check stub was approved and given to Campas by the Nevada State Athletic Commission. For those of you that disagree with me on the need for a Federal Boxing Commission, if that still is the case after my documentation here, you might need psychiatric help! As for Arum being an “Admitted Felon,” he did so in his own writing when he admitted in a US Justice Dept. declaration of bribing then IBF President Bob Lee to rank Axel Schultz so he could fight George Foreman, which did transpire. When Arum penned this sworn affidavit, it was in my opinion an attempt to bring then rival promoter Don King down.