Arum sues Haymon, Premier Boxing Champions over fights (The Associated Press)
Boxing promoter Bob Arum filed suit Wednesday against Al Haymon and his financial backers, claiming they are violating federal law by acting as illegal promoters and monopolizing fighters and venues for fights. The lawsuit filed in federal court in Los Angeles mirrors an earlier one filed by Golden Boy Promotions, headed by former boxer Oscar De La Hoya. It asks for more than $100 million in damages from Haymon and the investment firm Waddell & Reed.