Kingpyn allegedly lost $4 million from first boxing event KingpynAfter the company has come under fire for failing to pay its fighters and event staff, Wade Plem has alleged that Kingpyn lost millions of dollars on their first event. While KSI\u2019s Misfits Boxing has spearheaded the space forward, earlier this year new promotion Kingpyn looked to break into the scene with their \u2018High Stakes\u2019 influencer-boxing tournament. Although it hasn\u2019t been a smooth ride. In the build-up to Kingpyn\u2019s second event, hosting the tournament\u2019s semi-final fights, there were rumblings that the company had filed for bankruptcy, until streaming service DAZN stepped in to save the day. Since the semi-finals, fighters and event staff have accused the company of failing to pay what they\u2019re owed. And now, YouTuber and commentator Wade Plem has alleged that the company lost millions on their first event. Wade Plem claims Kingpyn lost millions on first event Following reports that Kingpyn has failed to pay a number of their fighters or event staff, going completely unresponsive, in a video on August 25, Wade \u201cexposed\u201d the truth as to what\u2019s going on. In his own experience, Wade alleged that Kingpyn failed to pay him and FaZe Sensei what they were owed for their commentating work on the first event, before explaining the company lost a \u201csubstantial\u201d amount. \u201cThey lost a substantial amount of money,\u201d he said. \u201cTo the tune of what I\u2019ve heard, three to four million dollars on the first event.\u201d Wade even took some of the blame himself for Kingpyn\u2019s losses. While acknowledging that he tried his best to promote the events, he explained he maybe didn\u2019t do as well as he should\u2019ve. He added: \u201cA massive massive casualty because they\u2019ve overpaid and undersold with the fighters. Myself, I can take some responsibility there. I tried my best to promote the first card and the second. Maybe I didn\u2019t do as good a job as I should have. That\u2019s on me.\u201d (Timestamp at 4:46) The final of the \u2018High Stakes\u2019 tournament was set for August 5, where fans expected to see King Kenny and AnEsonGib go blow for blow to be crowned Kingpyn\u2019s champion. Similarly, Jully Poca and 6ar6ie6 were expected to touch gloves for the female title. However, there has since been no word regarding the rescheduling of the event.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kingpyn allegedly lost $4 million from first boxing event KingpynAfter the company has come under fire for failing to pay its fighters and event staff, Wade Plem has alleged that Kingpyn lost millions of dollars on their first event. While KSI\u2019s Misfits Boxing has spearheaded the space forward, earlier this year new promotion Kingpyn looked […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-52911","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/52911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/comments?post=52911"}],"version-history":[{"count":0,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/52911\/revisions"}],"wp:attachment":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/media?parent=52911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/categories?post=52911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/tags?post=52911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}