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Golden Boy Promotions had its 90-day suspension lifted Tuesday by the New York State Athletic Commission, but questions still remain about the company’s licensing fee over a May 15 bout at Madison Square Garden.
In question are the actions of Golden Boy and, indirectly, HBO Sports, regarding the license fees the premium cable network paid for the right to broadcast the card that featured Amir Khan against Paulie Malignaggi in the main event and Victor Ortiz against Nate Campbell in the television opener. DiBella Entertainment co-promoted the Khan-Malignaggi fight and was contractually entitled to 40 percent of the profits from that bout.
Golden Boy admitted in a news release it sent Tuesday to announce the lifting of the suspension that it broke New York law by failing to provide NYSAC with the promotional contracts for all fighters on the May 15 card; the request for the documents was made on May 19. On July 6, NYSAC suspended Golden BoyRead More »from Golden Boy controversy rages on