Antwun Echols, an Individual v. Arthur Pelullo, an Individual Banner Promotions, Inc., a Delaware Corporation

Boxing is a perennial sport, stretching from the golden days of ancient Greece to present times. The professional life of a boxer, however, is ephemeral and because of the violence of the sport, is limited to a few fleeting years. The possibility of a defeat is always imminent. Thus, a purported contract between a promoter and boxer, which permits the promoter in the event the boxer “should lose any bout” to rescind its obligation to provide any minimum purses, lays all the odds in favor of the promoter.

Boxer Antwun Echols (“Echols”) and his promoter, Banner Promotions, Inc. (“Banner”)…