BREAKING NEWS
Oquendo's paycheck frozen!
By Flattop[/Size=
Win or lose on Saturday, Fres Oquendo will not see a dime of his paycheck at the end of the day for fighting IBF heavyweight champion Chris Byrd. A Temporary Restraining Order (TRO) and preliminary injunction has been granted against Oquendo stating, ?that Oquendo?s purse for the fight (against Byrd) shall be held in escrow.? The TRO was filed by Michael Joyce, who is listed as the manager of Fres Oquendo, in the Circuit Court of Cook County, Illinois on Wednesday. Judge Sheldon Gardner allowed the injunction and scheduled a hearing on September 23rd to determine the merit of case. According to court documents, Joyce is claiming that Oquendo has not paid his managerial split of 33 1/3% for several fights. The court documents indicate Joyce was an amateur coach for Oquendo and he did work in his corner during his early professional career. Joyce was also the manager for Oquendo at the beginning of his pro career. Clarence Burch, the attorney for Oquendo, was in court on Wednesday when the TRO and temporary injunction was granted. The litigation was filed in Cook County because Oquendo was born in Chicago and had maintained a residence in the area, although court papers indicate he may live in Puerto Rico currently. Ironically Oquendo?s previous nickname was the ?Big O? and his paycheck on Saturday will be a ?Big O? until the courts decide. The court order was handwritten because of the expedited (rushed) manner in which the injunction was determined.
.............................................
I think Fres might be a little off his game if he is fighting for no pay. That sucks.
Byrd may really slam him and jump him now.
KOD