Google search engine
HomeUncategorized'Bizarre clauses' - Contract issues explained as Jake Paul vs Tommy Fury...

‘Bizarre clauses’ – Contract issues explained as Jake Paul vs Tommy Fury cancelled

One of the most anticipated fights of the year is off, with Tommy Fury withdrawing from the fight with Jake Paul just 12 days before the planned contest.

After trading plenty of barbs on social media, the pair finally agreed to face each other in the ring on December 18th but Fury withdrew from the bout.

Fury was due to trade blows with Paul over eight three-minute rounds at a catchweight of 192lb – around the same weight Paul has fought since he turned professional last year.

The contract negotiations for the fight have been much discussed over the past few months, with some of the finer details having hit the headlines.

Here’s a look back on what’s been said so far about the much-discussed contract ahead of the lucrative fight that never was over in Tampa, Florida.

‘Bizarre clauses’

It was never likely to be your run of the mill fight, and it seems the contract reflects that, with Fury’s father John bemused by some of the ins and outs of the agreement.

“I’ve said yes to everything; yes, yes, yes, yes, do what you’ve got to do because I know Jake Paul can’t beat Tommy no matter what he does.”

John didn’t go into detail on what it was exactly that had raised his eyebrow, but there has been one much-talked about clause.

Name changes

Throughout the negotiations, there was one clause that immediately drew people’s attention when Paul posted a picture of the proposed contract.

The proposal was that, should Fury lose to his rival, he would have to change his name to “Tommy Fumbles”.

The contract read: “If Fury is declared the winner of the Bout, Paul hereby agrees to pay Fury Five Hundred Thousand Dollars ($500,000.00) directly from Paul’s purse as an additional fighter bonus.

“However, if Paul is declared the winner of the Bout, Fury hereby agrees to (i) commence, within thirty (30) days of the conclusion of the Bout, an application process with the Royal Courts of Justice in the United Kingdom to obtain a deed poll legally changing Fury’s name to “Tommy Fumbles,” (ii) change, within twenty four (24) hours of the Bout, all of his social media accounts to reflect the name “Tommy Fumbles:, and (iii) immediately after the Bout utilise the name “Tommy Fumbles” in all forms of media.”

Jake Paul has won all four of his bouts since turning professional (Image: Getty Images)

There has been some speculation over whether the clause was included in the final contract, with Frank Warren previously insisting that it hadn’t been included in the papers signed by the fighters.

Paul’s manager Nakisa Bidarian has assured fans the two fighters will agree shake hands on the agreement, saying ahead of a press conference last week: “Mr Paul contractually agreed to have his guaranteed purse reduced by $500,000 and paid to Mr Fury by Showtime within two business days of the fight should Jake lose.

“Quid pro quo, Mr Paul contractually required for Mr Fury to have $500,000 of his purse held back until Mr Fury legally became Mr Fumbles.

“Mr Fury was afforded 30 days to make the name change. Mr Fury did not agree and desired for the bet to be a handshake.”

However, Fury wasn’t present for the press conference, meaning the bet is still yet to be agreed upon.

MD Abdullah
Abdullah is a former educator, lifelong money nerd, and a Plutus Award-winning freelance writer who specializes in the scientific research behind irrational money behaviors. Her background in education allows her to make complex financial topics relatable and easily understood by the layperson. She is the author of four books, including End Financial Stress Now and The Five Years Before You Retire.
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -
Google search engine

Most Popular

Recent Comments

Help on Hello world!