Renowned manager Peter Khan has launched legal proceedings against former unified lightweight world champion George Kambosos. Kambosos’s former trainer, Javiel Centeno, has also filed proceedings against the Australian. Both men claim that George owes sums of money to them with both men submitting the claims to the 17th Judicial Circuit in Broward County, Florida. Khan is claiming a sum of $347,700 is owed to him with Centeno claiming $280,000 is owed to him. The lawsuit was originally revealed by Joseph Santoliquito of ringtv.com.
The lawsuit from both men claims that Kambosos had been shorting both plaintiffs and not paying their full percentage entitlements for services provided to George, who suffered back-to-back defeats to Devin Haney in June and October 16th of 2022 in his native Australia. Kambosos terminated his management arrangement with Khan on October 3rd of which has been released.
3 October 2022
“Mr Peter Kahn
Re: Notice of termination of co-management services and disengagement I refer to our verbal discussions (including discussions with Jim Kambosos) in July Z01T in Brisbane, Australia in relation to you providing some co-management services to George Kambosos Jr (Verbal Agreement).
The purpose of this letter is to advise you that the co-management services are no longer required and that the Verbal Agreement has been terminated effective immediately (i.e., from the date of this letter).
George Kambosos Jr will now manage his own boxing career effective immediately (i.e., from the date of this letter).
We would be grateful if you could please update your BoxRec profile by removing George Kambosos Jr as soon as possible.
Please be advised that if you wish to travel to Melbourne, Australia for the October 16th bout it will be at your own personal expense.
George and Jim Kambosos wish you all the best in the future.”
Kahn responded with dated Oct 4 to Team:
While I am saddened to receive the letter of termination as your manager, it is your right to do so.
I am proud of what we have accomplished over the past five years together and wish you the best in your future endeavors after the October 16 fight against Devin Haney.
It is my expectation that I will receive all outstanding compensation for my work completed up until the date of the termination letter which includes the October 16 bout that I negotiated while your manager as part of one deal inclusive of two fights. I trust you will direct DiBella Entertainment to transfer the funds as have been the case for the previous eight fights that we have worked on together.
I will also be happy to update BoxRec once this fight is completed. Once again, I look forward to seeing you and Jim in Melbourne soon.
Javiel Centeno working with George Kambosos
Peter’s lawsuit and the broken down sums of money owed to him which has been submitted to the District court reads as the following.
According to Kahn’s lawsuit against Kambosos:
“On or about July 2, 2017, Plaintiff PETER KAHN and Defendant GEORGE KAMBOSOS, JR. (“KAMBOSOS”) entered into an oral agreement for Plaintiff PETER KAHN to become Defendant KAMBOSOS’ manager in exchange for ten percent of earnings resulting from Plaintiff PETER KAHN’s efforts.
Defendant KAMBOSOS has failed and refuses to perform terms of the contract to be performed on the Defendant KAMBOSOS’ part. In particular, Defendant refuses to pay Plaintiff PETER KAHN the agreed upon ten (10%) of earnings from the June 5, 2022, bout. Specifically:
a) Defendant KAMBOSOS received a net purse after sanctioning fees of US $3,800,000 but only paid Plaintiff PETER KAHN US$300,000, thereby still owing a debt of US$88,000 to Plaintiff PETER KAHN pursuant to their agreement.
b) Defendant KAMBOSOS received US $430,700 in ticket revenue, thereby owing a debt of US $43,700 to Plaintiff PETER KAHN pursuant to their agreement, of which Defendant KAMBOSOS has paid none.
c) Defendant KAMBOSOS received US $320,000 in pay-per-view revenue thereby owing a debt of US $32,000 to Plaintiff PETER KAHN pursuant to their agreement, of which Defendant KAMBOSOS has paid none.
33. Accordingly, the Defendant KAMBOSOS has breached his oral agreement with the Plaintiff PETER KAHN.”
Listing 33, does support the claim that Kambosos was under the management of Kahn at the time of dispute along with acknowledgement from Kambosos of Khan’s services previously. The previous emails show that George was made aware by Khan that monies are still owed for his services and representation.
Centeno who previously trained Kambosos claims that he has been owed sums of money as far back as 27th of November 2021 following his fight with Teofimo Lopez.
“Defendant KAMBOSOS has failed and refuses to perform terms of the contract to be performed on the Defendant KAMBOSOS’ part. In particular, Defendant refuses to pay Plaintiff, JAVIEL CENTENO the agreed upon ten (10%) of earnings from the November 27, 2021, bout. Specifically:
a) Defendant KAMBOSOS received a gross purse of US $1,200,00 but only paid Plaintiff, JAVIEL CENTENO US $40,000, thereby still owing a debt of US$80,000 to Plaintiff, JAVIEL CENTENO pursuant to their agreement.
33. Accordingly, the Defendant KAMBOSOS has breached his oral agreement with the Plaintiff, JAVIEL CENTENO.
34. As a result of Defendant KAMBOSOS’ failure and refusal to perform Defendant KAMBOSOS’ obligations under the contract, Plaintiffs have been damaged in the following particulars: 1) Plaintiff has been denied the benefit and use of the funds owed to him by Defendant KAMBOSOS; 2) Plaintiff has been denied the benefit of the its bargain with Defendant; and 3) Plaintiff has retained the law firm of The Strategic Legal Group, PLLC (the “Firm”) to represent it in this action, and is obligated to pay the Firm reasonable attorney’s fees and all costs incurred in bringing this action.”
It further states that after the first fight with Haney:
“Defendant KAMBOSOS has failed and refuses to perform terms of the contract to be performed on the Defendant KAMBOSOS’ part. In particular, Defendant refuses to pay Plaintiff, JAVIEL CENTENO the agreed upon ten (10%) of earnings from the June 5, 2022, bout. Specifically:
a) Defendant KAMBOSOS will receive a gross after sanctioning fees of US$4,000,000. Defendant KAMBOSOS but only paid Plaintiff, JAVIEL CENTENO US $200,000, thereby still owing a debt of US$200,000 to
Plaintiff, JAVIEL CENTENO pursuant to their agreement.”