Olympic Medalist Andy Cruz Launches Legal Battle Against Promotional Company
In a surprising turn, decorated amateur and 2020 Olympic Gold medalist Andy Cruz, who recently joined Matchroom Boxing, has initiated an eight-count lawsuit against New Champions Promotions, LLC (NCP), and its president, Jesse Rodriguez. Both BoxingScene.com and Dan Rafael have extensively covered the filing of this legal action.
Unsettled Scores Over Unpaid Signing Bonus:
According to reports by BoxingScene.com, Cruz’s legal action, submitted to the U.S. District Court for the Northern District of California, delves into multiple alleged violations. The complaint invokes the Ali Act, cites a Violation of the California Business and Professions Code §§18628, and includes claims of Breach of Contract, Breach of Duty of Good Faith and Fair Dealing, Breach of Fiduciary Duty, Conversion, Account, and Declaratory Relief.
Gregory Smith, Cruz’s representative, expressed disappointment, stating, “Tragically, Cruz’s promoter, New Champions Promotions, LLC., and its principal, Jesse Rodriguez, have abused Cruz’s trust by taking his money, which is both a breach of their contract and a violation of the law.” Smith emphasized Cruz’s status, mentioning, “Despite having only participated in two professional boxing matches, Cruz is acknowledged as one of the best boxers in the world at his division.”
With damages sought exceeding $100,000, the lawsuit involves Matchroom Boxing, not for wrongdoing but as the co-promoter of Cruz. Rodriguez, as per the complaint, initially promised to promote Cruz’s bouts but allegedly orchestrated a co-promotional deal with Matchroom, potentially violating the Ali Act by assuming roles of both manager and promoter.
The complaint asserts that payments from Matchroom to NCP were intended for Cruz. However, he allegedly received only a portion of his signing bonus, with the remainder held by NCP for the company’s benefit and Rodriguez.
Despite Matchroom fulfilling agreed payments, NCP is accused of attempting to act as Cruz’s manager rather than co-promoter. Smith emphasized the need for a judicial determination to prevent further financial discrepancies and interference with Cruz’s career, stating, “A judicial determination of the party’s rights is necessary and appropriate to ensure that NCP and/or DOES do not steal any more of Cruz’s money or interfere with his career.”
#AndyCruz #MatchroomBoxing #JesseRodriguez #boxing #boxingnews