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Bob Arum On How He Once Paid J Prince $600K So He Wouldn’t Kill Mayweather (Vid)

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Bob Arum On How He Once Paid J Prince $600K So He Wouldn’t Kill Mayweather (Vid)

http://www.totalprosports.com/2016/...prince-600k-so-he-wouldnt-kill-mayweather-vid

J. Prince or James Prince, CEO of Houston based Rap-a-Lot Records & boxing manager to Andre Ward and once to Floyd “Money” Mayweather. J Prince isn’t the tallest man, but he is somebody to be feared if you get on his bad side. Since the 80′s, he’s been known to send out “Courtesy calls” to folks that are on his bad side to straighten them out before things get out of hand.

Prince once famously served as Floyd Mayweather’s manager, before TBE moved on to Bob Arum, before finally starting his Mayweather Promotions. Besides boxing, Mayweather is known for having huge bodyguards with him at all times. Bob Arum appeared on ESPN’s Highly Questionable today and said there’s a reason behind that.

Arum told a story — of essentially saving Floyd’s life — paying Prince $600K on behalf of Mayweather — who owed the Houston OG that percentage.

“We were at dinner one night and I got a call that there was a disturbance in my gym,” Arum told Dan LeBatard and Bomani Jones. “Floyd apparently had asked us not to do a fight in October but to do it in December after James Prince’s contract with him had run out. The disturbance in my gym was that some people came over, with or without the knowledge of James Prince, and proceeded to break a couple of heads of people in Mayweather’s camp with baseball bats.

So the gym was splattered with blood. Floyd came to my office the next day and he said, ‘Prince wants his money from the fight that’s coming up.’ I said, ‘Fine, if that’s what you want. I’ll write him a letter of credit.’ Floyd said, ‘Prince don’t do no letters of credit. You better send the cash.’ So I wrote a check, and I made a contract with Prince’s lawyer and he got paid the money that he said he was entitled to as Floyd’s manager.”

“Whether [Mayweather] was afraid or whether he was doing the right thing, that’s for Floyd to determine,” Arum said. “This was the percentage of Floyd’s purse that Prince would have been entitled to.”
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Bob Arum is a nasty old Jew, and all this crap is his way of getting
the last word in. The mother fucker has never answered Floyd's
allegation that he still owes him millions from the Arturo Gatti fight.
The greedy Jew is still bitter that Floyd made so much money without
him, and for showing other fighters what is possible when you have
talent and dare to take charge of your own career..
 
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As stated before, the story is old and well known if you follow boxing closely...rumor has it Ellerbe caught one of those bats...J Prince needs to be careful however...this story plus the P Diddy story...too many times for a man like him to have his name coming up on mainstream media...he needs to make sure this is the last time
 
cudjoe74 said:
As stated before, the story is old and well known if you follow boxing closely...rumor has it Ellerbe caught one of those bats...J Prince needs to be careful however...this story plus the P Diddy story...too many times for a man like him to have his name coming up on mainstream media...he needs to make sure this is the last time
Click to expand...
 
I thought this was public knowledge. They roughed up Leonard Ellerbe pretty bad, and had Floyd shook.
 
Nzinga said:
Bob Arum is a nasty old Jew, and all this crap is his way of getting
the last word in. The mother fucker has never answered Floyd's
allegation that he still owes him millions from the Arturo Gatti fight.
The greedy Jew is still bitter that Floyd made so much money without
him, and for showing other fighter what is possible when you have
talent and dare to take charge of your own career..
Click to expand...
yep
 
cudjoe74 said:
As stated before, the story is old and well known if you follow boxing closely...rumor has it Ellerbe caught one of those bats...J Prince needs to be careful however...this story plus the P Diddy story...too many times for a man like him to have his name coming up on mainstream media...he needs to make sure this is the last time
Click to expand...

Right
 
I never understood why any one man would be feared by so many.to a certain extent I understand if you don't live that lifestyle and you don't have the ear of those who do or the money to hire said people but at the end of the day we are all mortal.the only way for someone to avoid being killed is to never leave a safe environment or never walk around unguarded and even then you are mortal.

I could understand his team being more or less loyal but that doesn't explain why anyone else would accept being in fear to other men especially if you don't have an issue with killing.
 
guyver said:
I never understood why any one man would be feared by so many.to a certain extent I understand if you don't live that lifestyle and you don't have the ear of those who do or the money to hire said people but at the end of the day we are all mortal.the only way for someone to avoid being killed is to never leave a safe environment or never walk around unguarded and even then you are mortal.

I could understand his team being more or less loyal but that doesn't explain why anyone else would accept being in fear to other men especially if you don't have an issue with killing.
Click to expand...

You obviously don't know how the infrastructure of the world really works.

Everything from business to fucking newspapers are all controlled by gangsterism in some way or another.

Its not about one man, it is about the business(gang) that he built.

The brand (J. Prince) is not to be fucked with on a multiple levels.

He is an outstanding business man but if you fuck him over in any type of way his covert department handles that shit on a street level.

Every single successful business has a ton of skeletons in their closet.

Business on certain on the high end levels is cut throat...Literally!

Keep believing that wholesome businesses like Hostess Cupcake company is just a bakery...fuck them over in some type of way and they will send goons to change you.

Money brings power and a whole lot of money brings gangsterism, no matter what type of company it is.
 
I AM GDFOLKS said:
You obviously don't know how the infrastructure of the world really works.

Everything from business to fucking newspapers are all controlled by gangsterism in some way or another.

Its not about one man, it is about the business(gang) that he built.

The brand (J. Prince) is not to be fucked with on a multiple levels.

He is an outstanding business man but if you fuck him over in any type of way his covert department handles that shit on a street level.

Every single successful business has a ton of skeletons in their closet.

Business on certain on the high end levels is cut throat...Literally!

Keep believing that wholesome businesses like Hostess Cupcake company is just a bakery...fuck them over in some type of way and they will send goons to change you.

Money brings power and a whole lot of money brings gangsterism, no matter what type of company it is.
Click to expand...

I'm not speaking on a business legal or otherwise but men. Organizations can and have outlived their founders and a lot more have fallen. In your example j prince is the leader of that team however could his team live without him.history has shown us that taking away one man could destroy the team with time.are you telling me if such men did harm to you or your family you'd just let it go because they are so called gangsters.

Like I said before if you don't live that lifestyle most people would understand but you could still attempt to go the legal route. If the person is as powerful as you think and no legal way would work I could understand that. What I can't understand is living in fear or being extorted especially if you could get to the person or persons who are calling the shots.now if the person is rarely seen in public it would make a lot more sense that said person could be some what untouchable but even then if the right people wanted him he could/would catch it like anyone else.
 
cudjoe74 said:
As stated before, the story is old and well known if you follow boxing closely...rumor has it Ellerbe caught one of those bats...J Prince needs to be careful however...this story plus the P Diddy story...too many times for a man like him to have his name coming up on mainstream media...he needs to make sure this is the last time
Click to expand...

please...the man had al gore calling the feds on his behalf telling them to back off...and they did! :lol::eek2:
 
J Prince didn't send goons at Baby when Drake didn't get paid. He lawyered up.

Jas Prince settles with Cash Money in case involving $11 million in Drake royalties.

Earlier this month, it was reported that Jas Prince, the son of Rap-A-Lot CEO James Prince, and the man who introduced Drake to Lil Wayne, was demanding that Cash Money Records pay him $11 million in royalties earned off the "Hotline Bling" star. According to The Jasmine Brand, Prince has now settled with the label for an undisclosed amount.

In 2007, Prince signed Drake to Aspire Music Group, partly owned by Lil Wayne's manager, Cortez Bryant. Soon after, Cash Money apparently agreed to pay Prince 22% of whatever money Cash Money earned off Drake in advances and net profits. In court a few weeks ago, Prince claimed that said percentage amounts to $11 million.

Cash Money affirmed that the money was owed to Aspire (Bryant) and not to Prince directly. In a separate case, Prince is suing Bryant for not collecting Drake's royalties and not paying him those he did collect. Considering Lil Wayne's own legal battles, it would seem strange if Birdman and Bryant were working together to keep money from Prince, but the intermingling business interests down in New Orleans are surely more complicated than we can imagine.

Prince now seems to be a part of OVO, and he is frequently pictured alongside Drake, who must be content in helping his longtime friend get some extra pocket money. It's wise of Drake to stay on the sidelines during these cases in which millions of his profits are being disputed, but one has to think that the seemingly endless legal proceedings aren't reassuring him about staying on board at Cash Money.
 
guyver said:
I'm not speaking on a business legal or otherwise but men. Organizations can and have outlived their founders and a lot more have fallen. In your example j prince is the leader of that team however could his team live without him.history has shown us that taking away one man could destroy the team with time.are you telling me if such men did harm to you or your family you'd just let it go because they are so called gangsters.

Like I said before if you don't live that lifestyle most people would understand but you could still attempt to go the legal route. If the person is as powerful as you think and no legal way would work I could understand that. What I can't understand is living in fear or being extorted especially if you could get to the person or persons who are calling the shots.now if the person is rarely seen in public it would make a lot more sense that said person could be some what untouchable but even then if the right people wanted him he could/would catch it like anyone else.
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I wouldn't worry about J Prince causing me any harm because I don't do business with J Prince.

I think you have him all wrong...he is not "gangster" the way you think he is.

Really hard to explain if you don't see the world how it really is.
 
donwuan said:
J Prince didn't send goons at Baby when Drake didn't get paid. He lawyered up.

Jas Prince settles with Cash Money in case involving $11 million in Drake royalties.

Earlier this month, it was reported that Jas Prince, the son of Rap-A-Lot CEO James Prince, and the man who introduced Drake to Lil Wayne, was demanding that Cash Money Records pay him $11 million in royalties earned off the "Hotline Bling" star. According to The Jasmine Brand, Prince has now settled with the label for an undisclosed amount.

In 2007, Prince signed Drake to Aspire Music Group, partly owned by Lil Wayne's manager, Cortez Bryant. Soon after, Cash Money apparently agreed to pay Prince 22% of whatever money Cash Money earned off Drake in advances and net profits. In court a few weeks ago, Prince claimed that said percentage amounts to $11 million.

Cash Money affirmed that the money was owed to Aspire (Bryant) and not to Prince directly. In a separate case, Prince is suing Bryant for not collecting Drake's royalties and not paying him those he did collect. Considering Lil Wayne's own legal battles, it would seem strange if Birdman and Bryant were working together to keep money from Prince, but the intermingling business interests down in New Orleans are surely more complicated than we can imagine.

Prince now seems to be a part of OVO, and he is frequently pictured alongside Drake, who must be content in helping his longtime friend get some extra pocket money. It's wise of Drake to stay on the sidelines during these cases in which millions of his profits are being disputed, but one has to think that the seemingly endless legal proceedings aren't reassuring him about staying on board at Cash Money.
Click to expand...

Man I don't care who you are ain't NOBODY making Birdman pay up if it ain't COURT ORDERED :lol2:
 
Nzinga said:
Bob Arum is a nasty old Jew, and all this crap is his way of getting
the last word in. The mother fucker has never answered Floyd's
allegation that he still owes him millions from the Arturo Gatti fight.
The greedy Jew is still bitter that Floyd made so much money without
him, and for showing other fighters what is possible when you have
talent and dare to take charge of your own career..
Click to expand...

This. He has told this story multiple times to shit on Mayweather. Dude is so salty that he didn't get to keep eating off him. It kills me how Don Kind has always been the face of what's wrong with Boxing when Arum has done just as much for far longer.As far as J Prince, he has always been my favorite Gangster. Dude is small,but always talks in that calm calculating chilling voice.Seems real chill even though you know he has all those huge pigfeet eating Texas niggas behind him. He seems far more intelligent than Suge,Henchman,or any of those other underground gangster/music business mfers.
 
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