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Ding, ding, ding!... (18.01)

Lara: I'm here to go over my assets.

Bobby: You were supposed to bring a business manager or accountant, not a competitor.

Steven Birch: I only compete with currently active hedge funds.

Wags: Ding, ding, ding! I want a clean fight. Protect yourselves at all times. There'll be no standing eight count.

Bobby: Give Lara full access to the books. She has a right to see the state of things.

Wags: As you wish, my liege.

Wags is doing a whole boxing referee thing, of course. A standing eight count, also known as a protection count, is a boxing judgment call made by a referee during a bout. When invoked, the referee stops the action and counts to eight. Typically, a boxer can take 3 standing eight counts in a round. During that time the referee will determine if the boxer can continue. When the count reaches eight, the referee often moves back two steps and instructs the boxer to walk towards them and hold their arms out. This helps the referee determine if the boxer is functioning and alert enough to continue. If the boxer is unsteady on his feet, or seems unable to focus on the referee, the bout is ended on account of a TKO. It was designed to protect boxers by allowing the referee to step in and give an overwhelmed fighter an eight-second respite. Standing eight counts by the referee are scored the same as a knockdown, whether the boxer was knocked down or not. The United States Association of Boxing Commissions eliminated the standing eight count in 1998 and it is usually not formally invoked in professional bouts today.

It should be understood that a standing eight count is different than a mandatory eight count. A mandatory eight count is only assessed once a fighter is knocked down.