- Dan Rafael, ESPN Senior Writer
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Oscar De La Hoya has come out in support of Top Rank's lawsuit.
De La Hoya's Golden Boy Promotions filed suit on May 6 against Al Haymon and his Premier Boxing Champions financial backer, Wadell & Reed, in federal court seeking $300 million in damages and alleging that Haymon and his related companies repeatedly violated antitrust laws and the Muhammad Ali Boxing Reform Act. Top Rank filed a similar suit on Wednesday, seeking $100 million and an injunction to prevent future PBC cards.
"I applaud Bob Arum and Top Rank Boxing for stepping up on behalf of fighters not only in their own stable, but all across the sport," De La Hoya said in a statement. "Those like Bob and myself who have spent the bulk of their lives around boxing understand that the Muhammad Ali Boxing Reform Act is a crucial piece of legislation that serves to protect boxers and enhance the sport.
"Golden Boy Promotions will continue to push forward with our own lawsuit to ensure our wonderful sport continues to grow in a competitive, just manner."