U.S. judge orders Don King to pay $1.5 million over canceled title fight
By Jonathan Stempel
NEW YORK (Reuters) - A U.S. judge on Monday ordered boxing promoter Don King to pay more than $1.5 million for breach of contract over a World Boxing Association cruiserweight championship bout that was canceled after one of his fighters failed a drug test.
U.S. District Judge Shira Scheindlin in Manhattan decided on the award, plus accrued interest, in favor of Russian boxing promoters Andrey Ryabinskiy and Vladimir Hrunov, who do business as World of Boxing LLC.
The Russian promoters had sought to recoup more than $1.86 million, including their costs to stage the fight.
King, who Scheindlin had found liable for breach of contract last Oct. 1, claimed he should pay only about $635,000, including $536,000 held in escrow, court papers show.
The case stemmed from the cancellation of the April 25, 2014, fight between Guillermo Jones and Denis Lebedev in Moscow, after Jones tested positive for the diuretic furosemide.
King was not implicated in the failed test. He said damages should have been limited to the cost of ticket refunds, and exclude such items as rent, lodging and transportation.
But the judge disagreed, saying it was King's burden to show that World of Boxing was not entitled to "reliance damages" from his breach of contract because the fight was doomed to be a financial failure. This lacks "common sense," she said.
"This was no small-time bout; it was the cruiserweight world title match," Scheindlin wrote. Continued...