Filed Complaint
Filed Complaint
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COMPLAINT
Case 2:25-cv-01694 Document 1 Filed 02/27/25 Page 2 of 36 Page ID #:2
17 2. Nine months before Arum publicly lauded Keane’s role in securing the
18 Crawford-Khan bout, Keane had already proven to be Top Rank’s most valuable
19 resource. Indeed, but for Keane’s efforts, Top Rank likely would not have been able
20 to secure (and certainly would not have been able to satisfy the demanding terms of) an
21 extremely lucrative extension of its 2017 Media Rights Agreement with ESPN -- by far
22 the company’s main source of revenue. Moreover, because (a) Arum (who turned 93
23 in December 2024) recently assumed an emeritus role at Top Rank, (b) ESPN’s brass
24 does not respect Arum’s hand-picked successor (Top Rank President duBoef, Arum’s
25 step-son), and (c) the boxing community at large does not respect or take duBoef
26
27 1
“Bob Arum Reveals The Man Instrumental In Bringing Tyson Fury And Others To
ESPN; Meet Billy Keane,” Fight Hype, April 29, 2019, available at
28 http://www.fighthype.com/news/article37598.html (emphasis added).
1
COMPLAINT
Case 2:25-cv-01694 Document 1 Filed 02/27/25 Page 3 of 36 Page ID #:3
1 seriously, Top Rank effectively depended on Keane to keep its frequently challenged
2 ESPN relationship from unraveling and to help it secure desperately needed talent.
3 3. In theory, the deal Keane made with Arum back in June 2018 fairly
4 compensated Keane for the rather unique services Top Rank sorely needed him to
5 render. At the time, Arum (then, still at the helm) was attempting to finalize
6 negotiations to extend and substantially enrich the 2017 Top Rank/ESPN media rights
7 agreement. As a consequence, the already palpable pressure Top Rank was under to
8 sign big-name talent was intensifying, as was Arum’s need to convince ESPN that Top
9 Rank was up to the challenge. Arum—aware that Keane had the ability to recruit
10 championship-level fighters and also enjoyed an extremely close relationship with top
11 ESPN executives—desperately needed Keane’s help. Accordingly, Arum promised
12 Keane that for each fighter he brought into the Top Rank fold, Top Rank would pay
13 him ten percent of that fighter’s earnings (the “2018 Arum Deal”) and assured Keane
14 that he no longer would have to rely on or chase a fighter for compensation.2
15 4. Even though Keane undeniably held up his end of the deal, he has not
16 received the benefit of the bargain he struck with Arum for two reasons. First,
17 duBoef—who subsequently took over the Top Rank reins—conned Keane into cutting
18 his finders’ fee in half. Second, to add insult to injury, duBoef distanced himself from
19 Keane and failed to pay Keane any portion of the money he is owed.
20 5. Notably, duBoef has never claimed that Keane does not have a binding
21 agreement, nor has he ever disputed that Keane is owed millions of dollars for the
22 services rendered at Top Rank’s request. Rather, Keane is informed and believes that
23 duBoef decided to hoard and conserve Top Rank’s cash, right after ESPN advised him
24 that Top Rank’s $90 million/year ESPN media rights agreement will not be renewed
25 once it expires in August 2025. Regardless of the reason, duBoef failed to keep his
26 word. To Keane, nothing else matters. duBoef has forced Keane to expose the depths
27
2
Arum was clear that Keane’s ten percent would be paid out of Top Rank’s earnings
28 rather than the fighter’s earnings.
2
COMPLAINT
Case 2:25-cv-01694 Document 1 Filed 02/27/25 Page 4 of 36 Page ID #:4
1 of duBoef’s duplicity and ineptitude, and fight to collect every dollar he earned and
2 unquestionably deserves.
3 THE PARTIES
4 6. Plaintiff, an individual, is a citizen of California who resides in the County
5 of Los Angeles.
6 7. Defendant Top Rank is a Nevada corporation with its principal place of
7 business in Las Vegas, Nevada. Top Rank is a leading promoter of professional boxing
8 matches in the United States and other jurisdictions throughout the world.
9 8. Defendant duBoef, an individual, is a citizen of Nevada who resides in
10 Clark County.
11 9. The true names and capacities, whether individual, corporate, associate, or
12 otherwise, of Defendants Does 1 through 10, inclusive (individual, a “Doe Defendant”
13 and collectively, “Doe Defendants”), are unknown to Plaintiff at this time and Plaintiff,
14 therefore, sues such Doe Defendants by such fictitious names. Plaintiff will ask leave
15 of Court to amend this Complaint when the same shall have been ascertained.
16 10. Plaintiff is informed and believes, and on that basis alleges, that each
17 Defendant was responsible intentionally, or in some other actionable manner, for the
18 events and happenings referred to herein, which proximately caused injury and damage
19 to Plaintiff, as hereafter alleged.
20 11. Any reference to “Defendants” shall refer to all named Defendants and all
21 Doe Defendants collectively, and to each of them individually. Any reference to a
22 particular “Defendant” shall refer to the named Defendant only.
23 12. At all times herein mentioned, each Defendant acted as an agent, servant,
24 joint venturer, partner, employee, co-conspirator, and/or alter-ego of the other
25 Defendants, successor corporations, successors in interest or entities, and in doing the
26 things alleged herein acted within the purpose and scope and in furtherance of such
27 agency, joint venture, partnership, employment, conspiracy and/or alter-ego. Each
28 Defendant’s action alleged herein was committed with the knowledge, permission
3
COMPLAINT
Case 2:25-cv-01694 Document 1 Filed 02/27/25 Page 5 of 36 Page ID #:5
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COMPLAINT
Case 2:25-cv-01694 Document 1 Filed 02/27/25 Page 6 of 36 Page ID #:6
1 decade, and his duties included helping Roach prepare his fighters for world title bouts.
2 During Keane’s tenure with Roach, the two of them often discussed how boxers were
3 being exploited and envisioned managing fighters together.
4 18. In the early 2000s, while still working alongside Roach, Keane developed
5 a long-lasting friendship with Manny Pacquiao who, at the time, was signed to Top
6 Rank. On fight nights, Keane would inspect the hand wraps and gloves of Pacquiao’s
7 opponents to make sure they literally had nothing up their sleeve.
8 19. By 2006, Keane and Roach started to co-manage fighters aligned with
9 Oscar De La Hoya’s Golden Boy Promotions.
10 20. In 2010, Keane signed on to manage welterweight Jose Benavidez Jr., then
11 a highly promising amateur and future world champion.
12 21. In 2011, Julio Cesar Chavez Jr. approached Keane to manage him. For
13 the next four years, Keane managed Chavez Jr. while he was under contract with Top
14 Rank. In May 2018, Keane signed an agreement to manage former super middle weight
15 world champion David Benavidez (Jose Benavidez Jr.’s younger brother). As alleged
16 below in paragraphs 33-36, although Keane’s professional relationship with David
17 Benavidez was short-lived (thanks, in large part, to Arum), as a result of the ordeal,
18 Arum apparently had an epiphany -- he needed to convince Keane to give up managing
19 and have him recruit fighters for Top Rank, acting as an independent free-agent.
20 Top Rank, ESPN And Their Past Boxing Venture
21 22. Top Rank, co-founded by Arum in 1973, has been promoting professional
22 championship boxing matches for more than 50 years. During that time, the company
23 has promoted fights featuring the biggest names in the sport, including Muhammed Ali,
24 Joe Frazier, George Foreman, Larry Holmes, Marvin Hagler, Manny Pacquiao, Sugar
25 Ray Leonard, Floyd Mayweather Jr., and Tyson Fury. In addition, the company’s
26 content library includes some of the greatest fights in history, like Hagler vs Leonard,
27 Hagler vs Hearns, Ali vs. Frazier II, and both of the bouts between Ali and Spinks.
28 23. ESPN, now principally owned by The Walt Disney Company, launched in
5
COMPLAINT
Case 2:25-cv-01694 Document 1 Filed 02/27/25 Page 7 of 36 Page ID #:7
1 1979. A year later, the fledgling cable channel formed a partnership with Top Rank to
2 televise weekly boxing matches. The co-branded show, titled Top Rank Boxing on
3 ESPN—the first regularly televised boxing series since 1964—ran for 16 consecutive
4 seasons. The show ended in 1996, when ESPN decided to change direction in favor of
5 lower-budgeted programming titled Friday Night Fights, which aired on ESPN2 and
6 featured fights from promoters other than Top Rank.
7 24. ESPN and Top Rank would not join forces again for another two decades.
8 In the interim, the popularity of boxing waned as the nascent sport of mixed martial
9 arts grew steadily into a multi-billion dollar, star-driven juggernaut featuring athletes
10 that crossed over into established high-value industries like fashion, premium spirits,
11 television shows and motion pictures. These inter-industry synergies rose to a
12 crescendo in July 2016, when UFC—the premier mixed martial arts league that, like
13 Top Rank, hails from Las Vegas—was purchased by a WME/IMG venture for the
14 staggering price of $4 billion. The impact of this acquisition on Top Rank and other
15 promotors intensified shortly after the UFC sale was announced, when its President
16 publicly hinted that UFC’s new backers were thinking of expanding into boxing.
17 25. Four months later, Arum would learn that UFC’s President was not
18 bluffing. According to an August 26, 2017, article published in The Hollywood
19 Reporter,
20
The week before Thanksgiving last year, Bob Arum, the founder of Top
21 Rank Boxing who has been in the fight game since 1966 (when he started
as Muhammad Ali’s promoter), was at home in Las Vegas when he got a
22
call from [WME CEO] Ari Emanuel. “He says, ‘I’m getting on a plane,'”
23 recalls Arum, 85. When they met Nov. 22, Emanuel told Arum, who was
joined by his stepson and Top Rank president Todd duBoef, that he wanted
24
to buy the Top Rank library, which is stocked with iconic fights, including
25 the 1975 “Thrilla in Manila” between Ali and Joe Frazier.3
26
3
“ESPN Inks Top Rank Megadeal to Bring Boxing ‘Back Into the Forefront of Sports’
27 (Exclusive),” The Hollywood Reporter, August 26, 2017.
https://www.hollywoodreporter.com/news/general-news/espn-inks-top-rank-
28 megadeal-bring-boxing-back-forefront-sports-1031482/
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COMPLAINT
Case 2:25-cv-01694 Document 1 Filed 02/27/25 Page 8 of 36 Page ID #:8
1 26. WME’s CEO presumably believed that Arum thought boxing’s glory days
2 were a thing of the past and would jump at the chance to cash out. If so, he was
3 mistaken on both accounts. And, he had waited too long to make his move. In reality,
4 Arum was not interested in selling. Just the opposite, he was looking “to build
5 something” and make a play to revitalize professional boxing.4 To that end, Arum had
6 already engaged a major Hollywood talent agency (Creative Artists Agency) and
7 investment bankers, and was in active negotiations to reunite with ESPN.
8 The 2017 Top Rank/ESPN Media Rights Agreement
9 27. Top Rank and ESPN entered into a four-year media rights agreement in
10 August 2017. According to the terms of their multimedia deal, Top Rank would
11 promote live boxing matches for exclusive exhibition on ESPN, ESPN Deportes, the
12 ESPN App, and ESPN+ (ESPN’s then-newly announced direct-to-consumer streaming
13 service), and ESPN would also deliver select fight events on pay-per-view (the “2017
14 ESPN Agreement”).
15 28. The initial Top Rank/ESPN bout under the newly announced 2017 ESPN
16 Agreement aired a month later when WBO champions Oscar Valdez (Featherweight)
17 and Gilberto Rameriz (Super Middleweight) each defended their titles on the same fight
18 card. By early 2018, it was clear to all involved that the performance of the 2017 ESPN
19 Agreement was exceeding expectations, and the parties commenced negotiations to
20 expand the terms and extend the duration of their relationship.
21 29. When the 2017 ESPN Agreement was signed, Arum was less than four
22 months shy of celebrating his 86th birthday. The succession plan Arum mapped out
23 for his company had been put into effect years earlier, and it was hardly a secret in the
24 industry. duBoef, Arum’s stepson, who had been serving as Top Rank’s President since
25 2004, was managing the day-to-day affairs of the business and whenever Arum decided
26 to step down (or could no longer manage the business), duBoef would assume full
27
28 4
Id.
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COMPLAINT
Case 2:25-cv-01694 Document 1 Filed 02/27/25 Page 9 of 36 Page ID #:9
4 Even though Keane felt as though he had fallen victim to the adage “no good deed goes
5 unpunished,” he understood that unless he wanted to burn his Top Rank bridge (he did
6 not), he would have to play the part of the fall guy.
7 33. Arum repaid Keane’s loyalty in two different ways. First, he authorized
8 Top Rank’s go-to litigation counsel (O’Melveny & Myers) to represent Keane in the
9 Sampson Boxing lawsuit; and, second, he asked Keane to meet with him and Top
10 Rank’s in-house lawyer at the Four Seasons hotel in Las Vegas to discuss the future of
11 their relationship. At the start of their meeting, Arum acknowledged that Keane had
12 every right to be disappointed with Benavidez’s decision, but told him not to worry.
13 Arum then told Keane that trying to sign fighters to management deals was a waste of
14 energy, explained that Top Rank needed Keane’s help to sign fighters under Top
15 Ranks’ deal with ESPN, and said he would pay Keane directly for each fighter he
16 delivered to Top Rank.
17 34. Arum further explained during their meeting that he was currently
18 negotiating a new, much bigger deal with ESPN and, under the new structure, Top Rank
19 would have to sign big-name boxers. Arum told Keane how much he valued Keane’s
20 relationship with ESPN’s CEO and said he needed Keane to help convince ESPN that
21 Top Rank would be able to sign big name fighters and deliver for ESPN. He also said
22 he needed Keane to help manage the Top Rank/ESPN relationship.
23 35. Arum told Keane he was the perfect fit because he knew how to relate to
24
25 5
“David Benevidez Gives $250K Bonus Back to Top Rank, Returns to Sampson,”
ESPN.com, June 12, 2018, available at
26 https://www.espn.com/boxing/story/_/id/23766714/david-benavidez-gives-250000-
bonus-back-top-rank-returns-sampson.
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28
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COMPLAINT
Case 2:25-cv-01694 Document 1 Filed 02/27/25 Page 11 of 36 Page ID #:11
1 fighters, and Top Rank needed an outsider to approach fighters so Arum could maintain
2 plausible deniability in case any other promoters were to accuse him of tampering. He
3 also explained that although Keane would be working for him and Top Rank
4 exclusively, Top Rank needed to create the impression that Keane was an independent
5 free agent.
6 36. Consistent with the foregoing, Arum convinced Keane that he no longer
7 would have to worry about signing fighters, chasing them for payment or being asked
8 to reduce fees to close management agreements. According to Arum, Keane only
9 needed to bring fighters to Top Rank and Top Rank would pay Keane 10% of every
10 dollar those fighters earned,6 mimicking what he would be making as a manager but
11 selling Keane on how much easier it would be.
12 37. Keane agreed to Arum’s terms (thereby forming the legally enforceable,
13 2018 Arum Deal), and said he would speak with ESPN and start meeting with
14 prospective big name fighters to bring to Top Rank/ESPN.
15 The 2018 Top Rank/ESPN Seven-Year Extension
16 38. On August 2, 2018—approximately two months after Keane entered into
17 the 2018 Arum Deal—Top Rank and ESPN publicly announced they had agreed to
18 extend the four-year 2017 ESPN Agreement deal (which they had signed less than a
19 year earlier) for seven years, until August 2025. Under their new deal, touted as the
20 most comprehensive, exclusive media rights agreement in the history of boxing, ESPN
21 agreed to carry a total of 54 Top Rank live events each year, including 24 premium
22 international fights that would air exclusively on ESPN+, “the new multi-sport, direct-
23 to-consumer subscription streaming service” that the Disney-owned company had
24 launched just four months earlier and was aggressively promoting at the time (the “2018
25 ESPN Extension”).
26
27 6
Arum was clear that Keane’s fee would not be based on or affected by Top Rank’s
earnings. Even if Top Rank lost money promoting a fight, if Keane’s fighter got paid,
28 Keane would receive ten percent of the fighter’s purse directly from Top Rank.
10
COMPLAINT
Case 2:25-cv-01694 Document 1 Filed 02/27/25 Page 12 of 36 Page ID #:12
1 39. Convincing ESPN to extend the duration and enhance the terms of the
2 2017 ESPN Agreement was no small task for Arum. Just as Arum alluded to months
3 earlier when he convinced Keane to relinquish his quest to manage fighters in favor of
4 the 2018 Arum Deal, ESPN had misgivings about extending and expanding the 2017
5 ESPN Agreement – and for good reason. As noted above, the enhanced revenue terms
6 Arum was advocating presumed Top Rank would be able to sign top-tier boxers. At
7 the same time, however, the parties were nearly ten months into the 2017 ESPN
8 Agreement, and Top Rank had yet to deliver.
9 Keane Holds Up His End Of the Bargain
10 40. At Arum’s and duBoef’s direction and insistence, Keane constantly and
11 consistently assured ESPN that Top Rank had the experience, capabilities and business
12 savvy required to dominate and re-energize boxing akin to the way UFC emerged as
13 the dominant force in MMA. At duBoef’s urging, Keane also assured ESPN on
14 numerous occasions that he (Keane) would be able to pull big name fighters into the
15 Top Rank camp. 7
16 41. Further to Keane’s assurances and efforts to assuage ESPN’s legitimate
17 concerns—actions Keane would not have taken but for his reliance on the
18 compensation terms of the 2018 Arum Deal—ESPN agreed to enter into the 2018
19 ESPN Extension in accordance with the enhanced revenue structure crafted by Arum,
20 which more than doubled the amount of Top Rank’s annual media fee revenue (from
21 approximately $35 million to $90 million), and nearly doubled the duration of ESPN’s
22 annual payments (from four years to seven years).
23 42. Additionally, in reliance on Arum’s promises and representations, and
24 consistent with the terms of the 2018 Arum Deal, Keane immediately began to recruit
25 top-tier boxers for Top Rank. On June 15, 2018, at Arum’s and duBoef’s direction and
26
27 7
duBoef attempted to convey similar assurances to senior ESPN executives without
success because, as duBoef explained to Keane, those executives would push duBoef
28 off to “lightweight,” lower-level ESPN employees.
11
COMPLAINT
Case 2:25-cv-01694 Document 1 Filed 02/27/25 Page 13 of 36 Page ID #:13
1 with their consent, Keane approached Gennady “GGG” Golovkin through his
2 representative. In connection therewith, Keane incurred travel and other expenses in
3 the amount of $3,358.00, which Top Rank reimbursed in full.
4 43. Golovkin, however, ultimately spurned Top Rank and signed with DAZN,
5 a chief competitor of ESPN+ headed by John Skipper, the former head of ESPN.
6 44. In November 2018, after consulting with Arum and duBoef, Keane
7 approached Amir Khan to fight Terence Crawford in Top Rank’s first Pay-Per-View
8 event for ESPN. Finding an opponent for the Crawford fight was a top priority for Top
9 Rank because ESPN had been promised a pay-per-view fight under the 2017 Four-Year
10 Deal and Top Rank had not yet been able to deliver. Arum and duBoef wanted Khan
11 on the card even though they were aware that Khan was under contract with another
12 promoter and was in discussions for a different fight, and told Keane he first needed to
13 block Khan from taking the other fight and then needed to convince Khan to take the
14 Crawford fight with Top Rank.
15 45. To that end, and further to duBoef’s instructions, Keane traveled to
16 London and was prepared to conduct a faux negotiation with Khan as a ploy to convince
17 Khan to fight Crawford. However, when Keane met with Khan in London, he was able
18 to reach an agreement with Khan on the Crawford fight without resorting to any
19 trickery. As before, Top Rank paid Keane’s travel and related expenses, this time in
20 the amount of $31,628.00.
21 46. On January 17, 2019, when Arum made the official announcement that
22 Khan would fight Crawford as an ESPN Pay-Per-View event, he publicly credited
23 Keane for putting the fight together:
24
. . . there’s someone here who is very good friends with Amir Khan. A
25 gentleman who is here now from California named Billy Keane. And Billy
went over to England and spent over two weeks. They are getting
26
messages back-and-forth to me from Amir and Amir to me. And it’s
27 because of his effort that we were able to put this fight together. It goes to
28
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COMPLAINT
Case 2:25-cv-01694 Document 1 Filed 02/27/25 Page 14 of 36 Page ID #:14
25
8
https://www.youtube.com/watch?v=0rueA7AR5vY (7:25 mark). Approximately
26 three months later (April 20, 2019), Crawford defeated Khan by TKO after accidentally
landing a low blow in the sixth round. The fight was aired live on ESPN. Khan earned
27 approximately $8.6 million in defeat. Top Rank thereafter timely paid Keane his fee
which, for the reasons explained in Paragraphs 47-51, had been conditionally reduced
28 from ten percent to five percent.
13
COMPLAINT
Case 2:25-cv-01694 Document 1 Filed 02/27/25 Page 15 of 36 Page ID #:15
1 comments about, other boxing managers, including James Prince, David McWater,
2 Keith Connolly, and Rick Mirigian; duBoef said dealing with people of this caliber was
3 not an effective use of his time; and duBoef claimed he would bring all the business
4 through Keane and only deal with Keane. Second, duBoef assured Keane that he would
5 make a lot more money because he and Keane would be long-term “partners.”
6 50. Keane, aware that Top Rank had a strong incentive under the 2018 ESPN
7 Extension to sign as many top fighters as possible, believed that duBoef’s
8 representations were genuine. Nevertheless, Keane was reluctant to accept duBoef’s
9 offer because Keane also knew that Top Rank had a well-deserved reputation for
10 engaging in tactics like slow-paying, part-paying, withholding payment, reneging and
11 the like to exert control over and compel loyalty from third parties like Keane. As a
12 consequence, Keane did not accept duBoef’s offer until duBoef gave Keane his express
13 personal assurance that Top Rank at all times would pay Keane promptly, without
14 delay, and would not approach Keane again to reduce his fee below five percent. In
15 addition, Keane made clear to duBoef that if he failed to pay Keane his full five percent
16 fee as promised, Keane’s fee would retroactively and prospectively revert back to the
17 original ten percent Arum had promised, and duBoef agreed to and accepted this
18 specific caveat.
19 51. On or about January 24, 2019, duBoef accepted Keane’s conditions and
20 assured him that he would be paid timely and in full (thus forming a new agreement
21 that conditionally reduced Keane’s fee from ten prevent to five percent of each fighter’s
22 earnings) and told Keane he made the right decision (the “2019 duBoef Agreement”).9
23
24
25
26 9
As alleged below in Paragraph 84, certain essential terms of the 2019 duBoef
Agreement were later memorialized in writing by Keane on or about February 15, 2023,
27 and consented to by duBoef in writing on or about February 16, 2023. Accordingly, as
a matter of law, the 2019 duBoef Agreement constitutes an agreement in writing rather
28 than an oral agreement.
14
COMPLAINT
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COMPLAINT
Case 2:25-cv-01694 Document 1 Filed 02/27/25 Page 17 of 36 Page ID #:17
1 who was living in Dubai.10 On January 30, 2019, Keane notified duBoef in writing that
2 his contact in Dubai was in fact Daniel Kinahan and Kinahan wanted to ensure that Top
3 Rank and duBoef knew of his involvement from the beginning so it would not later
4 jeopardize the deal. Kinahan represented to Keane that he could arrange for Fury to
5 sign with Top Rank on two conditions: (a) Top Rank would have to pay him an agreed
6 percentage of Fury’s fight purses, and (b) Top Rank would have to give MTK (the
7 management company started by Kinahan) an output deal to assure that Kinahan’s other
8 fighters received television exposure.
9 56. When Keane discussed Kinahan’s proposal with duBoef, duBoef provided
10 very specific instructions. He authorized Keane to move forward, but he admonished
11 Keane that ESPN could not find out that Kinahan was involved. According to duBoef,
12 the Irish press had reported that Kinahan was the head of a drug cartel, and if duBoef
13 were linked to Kinahan, ESPN might be forced to terminate their deal.
14 57. Keane’s next set of instructions also came directly from duBoef. First,
15 duBoef directed Keane to fly to Dubai immediately, meet with Kinahan, and get Fury
16 to sign with Top Rank before his upcoming rematch with Deontay Wilder was
17 announced. Second, Keane was told to call ESPN executives and get them “excited”
18 about carrying Fury’s rematch with Wilder. Third, because Top Rank would need
19 additional funding from ESPN to sign Fury, duBoef told Keane to push that agenda
20 internally at ESPN. Despite having legitimate concerns for his own personal safety,
21 Keane did not quarrel with duBoef’s orders. Keane had conversations directly with
22 ESPN executives who had expressed extreme frustration with Top Rank and duBoef.
23 ESPN was running out of patience and losing faith in Top Rank’s ability to sign A-list
24
10
Kinahan was no stranger to duBoef. In 2016, Top Rank signed former Irish Olympic
25 boxer Michael Conlan to a multi-year deal. At the time, Conlan was managed by MTK
Global, a boxing and MMA management and events promotion company founded by
26 Kinahan. When Top Rank promoted Conlan’s first professional fight in March 2017,
duBoef had arranged for MMA star/fellow Irishman Connor McGregor to walk Conlan
27 out of his dressing room up to the ring. When McGregor tried to back out, duBoef
bragged openly in private boxing circles that he had Kinahan “lean on” McGregor and
28 force him to honor his commitment (Keane has no idea if this claim is true).
16
COMPLAINT
Case 2:25-cv-01694 Document 1 Filed 02/27/25 Page 18 of 36 Page ID #:18
1 fighters, and Keane also believed that if Top Rank could secure Fury-Wilder II, ESPN’s
2 concerns would be allayed.
3 58. Keane spent the next two weeks in Dubai courting Kinahan and Fury, and
4 all of his expenses—more than $27,000—were reimbursed by Top Rank. But, just as
5 negotiations appeared to be wrapping up, the deal hit a snag when Fury, who apparently
6 did not trust Top Rank, expressed concern over Top Rank’s ability to honor its financial
7 commitment and insisted that ESPN had to guarantee his contract. When Keane
8 relayed the news to duBoef, duBoef panicked. duBoef could ill-afford to lose the Fury
9 signing on the heels of the Golovkin/DAZN debacle, he had already convinced
10 ESPN/Disney that the additional millions in licensing fees needed to cover Fury’s purse
11 was justified because Fury would drive subscribers to Disney’s new ESPN+ streaming
12 service, and asking ESPN to guarantee Fury’s contract was out of the question as it
13 would clearly signal weakness.
14 59. Keane knew he had only one option. He had to turn to Kinahan for help.
15 He did, and Kinahan offered to personally guarantee Fury’s contract. Although
16 Kinahan’s personal guarantee was sufficient for Fury, Keane was concerned that
17 duBoef might balk at the idea of allowing Kinahan to serve as a guarantor for duBoef’s
18 contract with Fury. If duBoef had any trepidations, he kept them to himself. When
19 Keane advised duBoef, by text, that “[Kinahan] said that none of this is going to be an
20 issue. He said he is going to personally guarantee the money w Tyson so [Top Rank]
21 not paying or bob dying is not an issue,” duBoef sent the following text in response:
22 “Now that makes sense.”
23 60. Fury signed with Top Rank in late-February 2019. A month later, Arum
24 publicly credited Keane for putting the deal together:
25
The Deontay Wilder fight with Tyson Fury is something that we would
26 love to do, and that's a real goal and it’s something that we will do. Billy
Keane, who is a very, very close friend of Jimmy Pitaro, the head of ESPN,
27
was doing something totally different in the Mideast with MTK Global and
28 it was obvious that Tyson Fury could be in play. So Billy talked to Tyson
17
COMPLAINT
Case 2:25-cv-01694 Document 1 Filed 02/27/25 Page 19 of 36 Page ID #:19
1 Fury and explained what it would mean for him to come with Top Rank
2 and get the exposure that ESPN, the greatest megaphone in sports, could
give him. . . . That's really our goal. When Billy was talking to him, you
3 know, Billy is not an employee to Top Rank. He's a free agent. When he
4 came back and talked to us about his conversations with Tyson Fury, we
said we could offer him X and Y, and then when Billy offered that, he was
5 talking to Top Rank. In other words, he is not a guy who makes up a
6 number and then comes back to Top Rank and says, “We need this
number.” When he offers a fighter something, it's with the [] approval of
7 not only Top Rank, but ESPN. 11
8 duBoef Instructs Keane to Poach More Frank Warren Fighters
9 61. After Fury signed with Top Rank, Keane flew to Dubai with duBoef and
10 other executives to meet with Kinahan. Meeting Kinahan seemed to energize and
11 embolden duBoef. Before duBoef met Kinahan, he was on his heels and seemed
12 paralyzed with concern over pleasing ESPN. Afterwards, he carried himself as if he
13 had the support of a private army and started talking about taking over boxing globally.
14 He also told Keane that he wanted to sign more UK fighters with Kinahan to please
15 ESPN, whom duBoef referred to as “the guys in Connecticut.”
16 62. After the Kinahan meeting, duBoef gave Keane a list of all the fighters he
17 wanted Top Rank to sign, including Callum Smith, BJ Saunders, Carl Frampton and
18 Josh Taylor. All were signed to other promoters, and duBoef instructed Keane to have
19 Kinahan convince all of them to sign with Top Rank. duBoef also told Keane to enlist
20 Kinahan’s help to take all of Frank Warren’s fighters, put Warren out of business, and
21 expand Top Rank’s operations in the UK.
22 Keane Secures Fury v. Wilder II and III For Top Rank/ESPN
23 63. As Arum had publicly stated, Top Rank was expecting to promote the
24 Fury/Wilder rematch on ESPN. Easier said than done, however, because no one at Top
25 Rank (including Arum) currently had a working relationship with Al Haymon or Shelly
26
27 11
“Bob Arum Reveals The Man Instrumental In Bringing Tyson Fury And Others To
ESPN; Meet Billy Keane,” Fight Hype, April 29, 2019, available at
28 http://www.fighthype.com/news/article37598.html
18
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Case 2:25-cv-01694 Document 1 Filed 02/27/25 Page 20 of 36 Page ID #:20
1 Finkle (Wilder’s advisors), and that meant Keane would have to figure it out.
2 64. With duBoef’s knowledge and consent, Keane worked with Kinahan to
3 orchestrate conversations and pursue a deal with Wilder’s advisors for the Fury
4 rematch. At one point during the negotiations, Keane sensed Wilder was trying to back
5 out of the fight and advised duBoef. In response, duBoef said Kinahan should “lean
6 on” Wilder’s manager, Shelly Finkle, to get the deal back on track. duBoef also
7 instructed Keane to advise Wilder’s trainer, Jay Dees, to use a racially insensitive trope
8 to persuade Wilder not to sign with John Skipper and DAZN. duBoef later made a
9 reference to his inappropriate comment in a text message to Keane. Further to the same
10 goal, duBoef used an even more offensive term to describe how Wilder supposedly was
11 being treated by Al Hayman. Keane pretended to play along with duBoef’s offensive
12 remarks for fear of reprisal.
13 65. Keane ultimately succeeded in helping to broker the deal for Wilder to
14 fight Fury for a second time on ESPN (a split broadcast with Fox). Keane also secured
15 the third Fury v. Wilder bout on ESPN.
16 2019: duBoef Instructs Keane To Secure A Multi-Year Agreement With
17 Kinahan To Serve As Top Rank’s International Consultant
18 66. In early 2019, duBoef learned that UFC’s president was planning to
19 expand his operations into professional boxing. That made duBoef nervous for many
20 reasons, including because duBoef feared that UFC’s expansion could interfere with
21 duBoef’s plans to expand Top Rank’s business.12 duBoef believed Kinahan could help
22 him solve both problems and, once again, he turned to Keane to do his bidding.
23 67. In March 2019, duBoef instructed Keane to secure an agreement to make
24 Kinahan Top Rank’s exclusive consultant outside of the United States to help
25 orchestrate Top Rank’s strategic move into foreign territories. Kinahan was willing to
26
27 12
In duBoef’s view, UFC would be a competitor on ESPN and duBoef feared UFC
would eventually get the entire ESPN boxing deal as UFC was so well liked and well
28 respected as an operator.
19
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Case 2:25-cv-01694 Document 1 Filed 02/27/25 Page 21 of 36 Page ID #:21
1 assume that role. However, after he and Keane had reached an agreement in principle,
2 Kinahan became upset with duBoef, who had started to backpedal due to concerns that
3 once Arum found out he would kill the deal.13 duBoef naturally asked Keane to smooth
4 things over with Kinahan before duBoef would speak with him directly. duBoef
5 expressed that having Kinahan’s muscle exclusively backing duBoef would be a
6 massive advantage when it came to potential competitors and duBoef’s plans for
7 European expansion.
8 68. duBoef and Kinahan ultimately were able to finalize their deal. Concerned
9 Arum would overrule him if he found out, duBoef decided to pay Kinahan millions of
10 dollars for his exclusivity to Top Rank “under the table” without Arum’s knowledge or
11 consent.
12 2021: duBoef Expresses Second Thoughts About His Kinahan Alliance,
13 Demands Keane’s Loyalty, And Re-Assures Keane They Are “Partners”
14 69. In or around March and April 2021, duBoef expressed the following to
15 Keane, in strict confidence:
16 a. duBoef was working on a big UK network deal with Sky Sports.
17 According to duBoef, the Sky Sports deal would put Frank Warren and Queensbury
18 out of business and clear a path for Top Rank to dominate the UK. duBoef claimed
19 this would be the start of his plan to make Top Rank the dominant global force in
20 professional boxing akin to UFC’s global domination of MMA.
21 b. duBoef was concerned, however, about his alliance with Kinahan.
22
23 13
Accordingly, duBoef told Keane that Arum could not know about the new Kinahan
arrangement. duBoef claimed that Arum was too old and would never understand that
24 he was building a global “media company” and needed Kinahan’s “muscle” to compete
with UFC and expand into Europe. However, duBoef was oblivious to the fact that
25 both Kinahan and Arum had no confidence in his judgment or management acumen.
In fact, while in Kazakhstan, Kinahan confided in Arum that he was concerned about
26 duBoef’s ability to lead the company after a meeting in which Kinahan told Arum how
disliked duBoef is throughout boxing and is viewed as utterly incompetent. When they
27 returned to the United States, Arum confided in Keane and shared his concerns about
duBoef’s competence and potential as the future leader of Top Rank. Arum then
28 instructed Keane to manage the Kinahan relationship and “not let [duBoef] fuck it up.”
20
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Case 2:25-cv-01694 Document 1 Filed 02/27/25 Page 22 of 36 Page ID #:22
1 According to duBoef, if Sky Sports learned that Top Rank was affiliated with Kinahan,
2 it would blow the deal because Kinahan was still the subject of negative press in the
3 UK.
4 c. Even though duBoef said he needed Kinahan’s MTK roster of UK
5 fighters as well as Kinahan’s ability to poach Queensbury fighters at will, he told Keane
6 that he was going to have to publicly, and to some extent privately, distance himself
7 from Kinahan. As a consequence, duBoef told Keane that he needed him to fully take
8 over the relationship with Kinahan and manage the relationships with all of Top Rank’s
9 UK fighters.
10 d. duBoef told Keane that he considered him to be his partner and
11 needed assurances that Keane would be loyal to him, rather than to Arum, 14 Kinahan
12 or anyone else. duBoef claimed that he didn’t have anyone like that at Top Rank.15 He
13 told Keane that he wanted to build a long-term partnership with him and needed his
14 help to execute his global Top Rank takeover strategy. In this same context, duBoef
15 frequently reminded Keane that Arum would not be around much longer and that he
16 (duBoef) had no number two. Relatedly, on several occasions duBoef instructed Keane
17 to advise third parties that they should only deal with duBoef because Arum was senile.
18 Keane did not have that impression and, out of respect for Arum, Keane did not follow
19 duBoef’s instruction.
20
21
22
14
duBoef expressly admonished Keane not to speak with Arum about Top Rank
23 business. He told Keane that Arum suffered from dementia and was no longer capable
of running the company, and said Arum did not realize that Top Rank was a media
24 company and no longer was simply in the business of promoting boxing matches.
15
Specifically, duBoef told Keane that even his COO and Vice President were just
25 “worker bees” who “kept the trains running on time.” duBoef also told Keane that they
were not big thinkers, but rather were “low level boxing guys” who did not understand
26 media and had no comprehension of duBoef’s concept of “awareness equaling
currency.” He frequently told Keane that he was a “hunter” and they were just
27 “farmers,” and said that’s why he was willing to pay Keane so much more. duBoef
further referred to the rest of Top Rank’s employees as “monkeys” who got paid
28 peanuts.
21
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23
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Case 2:25-cv-01694 Document 1 Filed 02/27/25 Page 25 of 36 Page ID #:25
1 February 2023 on behalf of Top Rank. duBoef promised to pay Keane his five percent
2 “cut” if he could deliver Ngannou to Top Rank.
3 duBoef Repeatedly Uses Kean To Clean Up His Mistakes With ESPN
4 79. From 2020 through 2023, duBoef repeatedly used Keane as his “fixer”
5 with ESPN. For example, in 2020 duBoef was caught attempting to rig a public purse
6 bid for a championship bout featuring Top Rank fighter Teofimo Lopez. duBoef’s
7 emails were exposed in which he was expressly attempting to keep competitors from
8 participating in the bidding process for the fight so that Top Rank could purchase the
9 fight for a cheap price and suppress the purses of the participating fighters. After the
10 emails were exposed in an article by The Athletic, 17 Top Rank went on to lose the purse
11 bid and the right to promote the bout of its star boxer, Lopez. duBoef called Keane in
12 a panic. He told Keane to call senior ESPN executives and explain that this was not
13 duBoef’s fault and try to place blame elsewhere.
14 80. Then, when Lopez found out about duBoef’s scheme, he publicly wrote
15 “Todd DuBoef you won’t have me back. Get ready because we going to war! You
16 prick. How dare you try to cock block my purse bid. . .” duBoef asked Keane to make
17 contact with Lopez to try and smooth things over so he would stop publicly criticizing
18 him. He advised Keane to pretend to work for ESPN and assure Lopez that ESPN was
19 very happy with him and excited to continue working together.
20 81. Furthermore, when former Top Rank fighter Terence Crawford sued Top
21 Rank in 2022, duBoef called Keane and asked Keane to notify ESPN that duBoef had
22 nothing to do with the lawsuit and blame it on Arum due to Arum’s “old school” way
23 of doing things.
24 82. In 2022, when Kinahan was placed on the United States’ OFAC List,
25 duBoef again called Keane in a panic. This time, duBoef asked Keane to lie to senior
26
17
“Accusations, Acrimony and Surprise Bids: How a Growing Rift with Top Rank
27 Pushed Teofimo Lopez to Triller,” The Athletic, February 26, 2021. Available at
https://www.nytimes.com/athletic/2412739/2021/02/26/teofimo-lopez-vs-top-rank-
28 inside-the-feud-that-forced-a-rising-star-out/
24
COMPLAINT
Case 2:25-cv-01694 Document 1 Filed 02/27/25 Page 26 of 36 Page ID #:26
1 ESPN executives and say that duBoef had nothing to do with Kinahan and had never
2 even met him.
3 83. Even more shockingly, on two occasions, duBoef asked Keane to have
4 ESPN employees fired. duBoef perceived the two employees in question (one, a
5 programming executive; the other, a reporter) as potential threats to his relationship,
6 and he wanted Keane to use his personal relationships with senior ESPN executives to
7 remove them.
8 February 2023: Keane Memorializes And duBoef Ratifies Certain Material
9 Terms Of The 2019 duBoef Agreement In Writing
10 84. On or about February 15, 2023, Keane memorialized the formation and
11 certain material terms of the 2019 duBoef Agreement in a writing sent to duBoef.
12 Specifically, Keane’s February 13, 2023, email to duBoef stated, in relevant part:
13
Todd
14
I’m happy we connected on this matter. And I appreciate your help and
15 support getting it resolved. But more so I had no idea of the current
16
business model of Top Rank. Every time I’ve spoken to Bob he’s given
me no indication that he was pulling back or not as involved as much in
17 the business…
18
So I think it is even more important that I put in writing as you suggested
19 how we got to this place so we have clarity moving forward…
20 When I delivered Amir Khan for Terence Crawford for an $8 million purse
21 you came to me and said the 10% was too high for the “big game hunting.”
So the 10% was dropped to 5%. We agreed this would be the standard
22 moving forward. I ended up being paid 400k for this fight.
23 Next I delivered Tyson Fury and the 5% was honored without question
moving forward. I was paid-
24 650k Schwarz 6/5/19
25 650k Wallin 9/14/19
1.5m Wilder 2 2/12/20*
26 750k Wilder 3 10/19/21
27 *On Wilder 2 you came to me and explained the fight did not do well and
asked if you could pay me 750k and the remainder of the balance split 375k
28 and 375k over the next two Fury PPV’s that Top Rank promoted. You
25
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Case 2:25-cv-01694 Document 1 Filed 02/27/25 Page 27 of 36 Page ID #:27
1 honored this with 375k on Wilder 3 and then the remaining balance of
2 375k.
In addition to this I was also paid 50k for Carl Frampton vs McReary . . .
3 Prior to ever receiving my first check from Top Rank I was also reimbursed
4 on all my travel expenses in efforts to sign- Amir Khan, Callum Smith, BJ
Saunders, Anthony Joshua, GGG, Tyson, Kell Brook, Dillian Whyte.
5
6 85. duBoef responded to the foregoing deal point summary via email on
7 February 16, 2023, stating, in relevant part, 18 “Thanks for the recap” -- thereby
8 effectively confirming and ratifying numerous material terms of the 2019 duBoef
9 Agreement in writing. Accordingly, the 2019 duBoef Agreement constitutes an
10 agreement in writing for any and all legal purposes, including with respect to
11 calculating the time period afforded to Keane to assert claims for breach of a contract
12 in writing.
13 October 2023: After Fury Defeats Ngannou In Riyadh, Saudi Arabia,
14 duBoef Reneges And Refuses To Pay Keane For That Fight Or Either Of
15 Fury’s Past Two Fights.
16 86. As alleged above in Paragraphs 74-75, duBoef and Arum represented to
17 Keane on numerous occasions that Keane would receive full payment for the prior
18 Fury vs. Whyte and Fury vs. Chisora bouts when Fury fought in Saudi Arabia. On
19 October 28, 2023, Fury fought (and defeated) Ngannou. Despite the fact that the Fury
20 vs. Ngannou fight was held in Riyadh, Saudi Arabia, duBoef has refused to pay Keane
21 any amounts in connection with Fury vs. Whyte, Fury vs. Chisora or Fury vs.
22 Ngannou. As alleged in detail below, as a consequence of duBoef’s duplicitous
23 conduct, Keane has suffered material consequential damages in excess of $25 million.
24 ///
25 ///
26
27 18
Keane’s email also proposed deal terms for future fights, to which duBoef responded
as follows: “I will review with Joleen and come back to you with our thoughts. Btw-
28 will be back in Vegas 2/27 -3/2”
26
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1 increase; and
2 d. duBoef falsely represented to Keane that if he agreed to reduce his
3 recruiting fee from ten percent to five percent, he would become duBoef’s
4 partner and trusted second in command when Arum passed away.
5 96. As a direct and proximate result of Defendants’ breaches of the covenant
6 of good faith and fair dealings implied in and a part of the 2019 duBoef Agreement,
7 Keane has suffered compensatory damages in an amount to be proven at trial, currently
8 believed to exceed $25 million.
9 THIRD CLAIM FOR RELIEF
10 (Promissory Fraud)
11 97. Keane incorporates and realleges each of the allegations set forth in
12 Paragraphs 1-86, 88-92, and 94-96, above, as if fully set forth herein.
13 98. As alleged above in Paragraphs 47-51, Defendants induced Keane to
14 reduce his recruitment fee from ten percent to five percent of the “fighter’s purse”
15 amounts paid to each fighter Keane recruited for Top Rank by making the following
16 promises, assurances and representations to Keane:
17 a. If Keane accepted a five percent recruitment fee for Khan and for all future
18 fighters he recruited, Keane would become Top Rank’s “primary”
19 recruiter;
20 b. If Keane became the recruiter for Top Rank, he would end up making more
21 money at five percent than he would by being one of many Top Rank
22 recruiters at ten percent;
23 c. duBoef would make sure Keane would make a lot more money at five
24 percent than he would have at ten percent because he and Keane would be
25 “partners;” and
26 d. If Top Rank failed to pay Keane his full five percent recruiting fee in a
27 timely manner, Keane’s recruiting fee would retroactively and
28 prospectively return to the original ten percent agreed to by Arum.
30
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31
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1 109. Keane is thus entitled to recover the reasonable value of the services he
2 performed at Defendants’ request in an amount to be proven at trial.
3 FIFTH CLAIM FOR RELIEF
4 (Unjust Enrichment)
5 110. Keane incorporates and realleges each of the allegations set forth in
6 Paragraphs 1-86, 88-92, 94-96, 98-104, and 106-109, above, as if fully set forth herein.
7 111. As set forth above, Defendants requested that Keane perform services for
8 Defendants’ benefit.
9 112. As set forth above, Keane performed the services Defendants requested.
10 113. Defendants have failed and refused to compensate Keane, either in whole
11 or in part, for the services Keane performed at Defendants’ request, and therefore have
12 been unjustly enriched in an amount to be proven at trial.
13 SIXTH CLAIM FOR RELIEF
14 (Accounting)
15 114. Keane incorporates and realleges each of the allegations set forth in
16 Paragraphs 1-86, 88-92, 94-96, 98-104, 106-109, and 111-113, above, as if fully set
17 forth herein.
18 115. As alleged above, Defendants breached their duties under the 2019 duBoef
19 Agreement by refusing to pay Keane the amounts identified above in Paragraphs 90-
20 91.
21 116. As also alleged above, Defendants fraudulently induced Keane to accept
22 a fifty percent reduction of his Top Rank recruiting from ten percent to five percent of
23 the “fighter’s purse” amount paid to each fighter Keane successfully recruited to Top
24 Rank.
25 117. The exact amount of the payments due and owed to Keane is unknown to
26 him and cannot be determined with certainty without a full accounting of Defendants
27 financial books and records for the period commencing in June 2018 through and
28 including the date on which this action was commenced.
32
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33
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14
By: /s/ Patricia L. Glaser
15 PATRICIA L. GLASER
16 HARRISON J. DOSSICK
Attorneys for Plaintiff
17 William Keane
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7
By: /s/ Patricia L. Glaser
8 PATRICIA L. GLASER
9 HARRISON J. DOSSICK
Attorneys for Plaintiff
10 William Keane
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1
DEMAND FOR JURY TRIAL