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Former world boxing champion Spence Jr. was taken to court by his former coach due to a financial dispute

author:Fighting Classics

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Former welterweight world champion Errol Spence Jr. hasn't decided on his next bout yet, but he's been hit hard outside the Circle. And it was none other than his former coach - Derrick James.

Former world boxing champion Spence Jr. was taken to court by his former coach due to a financial dispute

Derrick James, the former coach of Errol Spence Jr., has officially filed a lawsuit in Dallas County Court in Texas demanding that Errol Spence Jr. pay no less than $5 million in damages for fraud and breach of contract, ESPN TV reported.

Former world boxing champion Spence Jr. was taken to court by his former coach due to a financial dispute

According to Derrick James, Errol Spence Jr. has failed to deliver on his promise to pay his coach 10% of his prize money for years, including in the game where Errol Spence Jr. lost to Terence Crawford last July. According to information submitted by Derrick James, Errol Spence Jr. received $25 million in prize money and profit sharing in the last tournament, but Errol Spence Jr. only paid Derrick James $350,000 after the heavy defeat. Derek James described it as "breach of contract, fraudulent business practices and misleading conduct".

Former world boxing champion Spence Jr. was taken to court by his former coach due to a financial dispute

At the moment, Errol Spence Jr. is working with a new coach, so he has not made any comments on the lawsuit. However, in a previous interview with reporters, Errol Spence Jr. once claimed that a man named "Al" told him that it was unreasonable to give 10% of the prize money to Derrick James, and that it was very generous to pay Derrick James $350,000 for training services after losing to Terrence Crawford.

Former world boxing champion Spence Jr. was taken to court by his former coach due to a financial dispute

Although there is no real name, many media speculate that this so-called "Al" is Al Haymon, the head of Errol Spence Jr.'s event promotion company, Premier Boxing Champions.

Derek James' lawyer wrote in the lawsuit paper, "When Derek James and Errol Spence Jr. reached their agreement, there was no man named 'Al' present, so it was completely wrong to take the advice of this man named 'Al.'" The lawyer also urged Errol Spence Jr. to take his responsibilities as soon as possible and abide by their verbal agreement to pay Derek James the remaining $2.15 million.

Former world boxing champion Spence Jr. was taken to court by his former coach due to a financial dispute

In an interview with reporters, Derek James' lawyer said: "Mr. Derek James was paid by providing labor and services in exchange for Errol Spence Jr., and the current situation is that Errol Spence Jr. failed to pay Mr. Derek James in full, this act is deliberate, malicious and should be condemned by the whole world." ”

Former world boxing champion Spence Jr. was taken to court by his former coach due to a financial dispute

Derek James and Errol Spence Jr. have been working together since London 2012, winning the IBF, WBC and WBA welterweight world titles together.

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