Why The Luis Ortiz Move To Haymon Improves His Financial Outlook More Than His Title Hopes
When Ortiz left Golden Boy in August 2016 to sign with Eddie Hearn’s Matchroom Boxing, all signs pointed to a collision course with IBF heavyweight champion Anthony Joshua for a high-profile fight and lucrative payday. Instead, he now steps away from Matchroom to join the Premier Boxing Champions ranks.
On Wednesday, Ortiz revealed a new agreement that would place Al Haymon in the advisory role of his career with Jay Jimenez remaining as his manager as a means to pursue the big fights. Within a day of the signing, it was announced that Ortiz would take on Derric Rossy on the undercard of the upcoming Shawn Porter vs. Andre Berto fight scheduled for April 22 at the Barclays Center in Brooklyn, NY.
Following Thursday’s press conference in Brooklyn to announce the addition of Ortiz to the Porter vs. Berto undercard, Jimenez explained to BoxingScene.com why adding Haymon to their team made sense, and what they hope to accomplish.
“Look, Luis is in line to face the winner of Joshua-Klitschko for the WBA strap, but I felt we needed a shoulder to lean on, you know a real backbone like having a godfather you know. And after giving this much thought and careful consideration, and being in multiple conversations back and forth with Luis Decubas Jr., who works with Haymon, I really felt this was the best move for Luis Ortiz at this time for his future and career,” Jimenez said.
“We have been in a battle from day one with Luis trying to get him opponents. Everyone talks a good game until we actually reach out to them for a fight and they ask for outrageous money to face him or claim they have other fights lined up, so the road has been a little bumpy. I strongly believe Luis ‘King Kong’ Ortiz is one of the three most dangerous heavyweights in the world today.
“And if Al Haymon really puts his foot down, he will make King Kong a star in no time, hopefully before the year is out. Ortiz asks Haymon to line them all up, all those heavyweights he’s got. King Kong wants to show everybody that he is here now and ready to go.”
After failing to look impressive in his two outings under the Matchroom umbrella, it’s possible past statements made by Eddie Hearn could have influenced Ortiz to place Haymon in the advisory capacity and join the PBC model.
In a past interview with Daily News UK, while discussing his fighter James DeGale who is also advised by Al Haymon, Hearn explains his relationship with Haymon and why he thinks the PBC model is a better fit for fighters who fail to emerge as PPV stars.
“I think there will be other Matchroom fighters that we look to move in the same kinda direction if it makes sense for them. If you’re not a PPV fighter, there is more money to fight in America.”
Ortiz turns 39 on his next birthday, and is leaving nothing to chance as the sun begins to set on his heavyweight career. With a roster full of active PBC heavyweights (i.e., Deontay Wilder, Dominic Breazeale, Gerald Washington, and Artur Szpilka), he will minimally find enough opposition to satisfy him financially while he awaits another title shot should he continue winning.