Advertisement
Advertisement
Boxingscene.com

Arum: HBO Will Not Financially Back Ortiz-Marquez Bout

By Lem Satterfield

Top Rank's CEO, Bob Arum, says HBO will not financially assist Golden Boy Promotions with putting together a fight between Juan Manuel Marquez and WBC welterweight champion Victor Ortiz. Golden Boy's CEO, Richard Schaefer, was quoted by the Los Angeles Times as stating that "HBO would be on board" to help finance Ortiz-Marquez.

Ortiz is one possibility for Golden Boy to match a revised offer that Marquez received to face Manny Pacquiao in a trilogy bout on November 12 at the MGM Grand in Las Vegas. The offer for Pacquiao includes a $5 million dollar guarantee with a pay-per-view upside, a rematch clause with a $10 million dollar guarantee, and a catch-weight of 144-pounds.

Pursuant to an expired promotional agreement, Marquez must provide Golden Boy with the opportunity to match Top Rank's offer. Schaefer was previously planning to offer Marquez a fight with Saul "Canelo" Alvarez, but Top Rank's revised offer, with the catch-weight of 144, rules Alvarez out.

According to Arum, HBO reached out to advise him of their position with respect to Schaefer's comments to The Times.

"When Richard said that HBO was going to finance him and so forth, that's just not true. You can check with HBO. They are not going to finance the Marquez-Ortiz fight. That's just not true. I got calls from HBO saying categorically that wasn't true," Arum told BoxingScene.com.

User Comments and Feedback (Register For Free To Comment) Comment by PennyAnd1 on 05-14-2011

[QUOTE=JDezi4;10529680]:spankme: Butt-Hurt[/QUOTE] :haha: his butt hurts he says

Comment by JDezi4 on 05-12-2011

[QUOTE=PennyAnd1;10528722]Everyone knows Pac vs Mosley was a bummer. But to blame Pac & says he sucks is just down right being a hater. Pac comes to fight. And he takes risk for fans to enjoy. It's unfair for people to…

Comment by JDezi4 on 05-12-2011

[QUOTE=Check_hooks;10526026]HBO already learned their lesson when GBP last PPV BOMBED. Less than 50k ppvs? Are you serious? Pac vs Marquez 3 will happen next, book it.[/QUOTE] That's boxing for u. The better the fight, the less people know about it.

Comment by PennyAnd1 on 05-12-2011

[QUOTE=periks19;10527205]Lmaol are u bob arum? Theres a reason why hbo gave preference to gbp because top rank fights suck aside from manny it produces low ratings. **** just look at mosley vs pac boring as card is sad when arce…

Comment by PennyAnd1 on 05-12-2011

[QUOTE=onechance87;10526024]i guess hbo is kissng arums azz,And want manny back.Its funny that people ripped the marquez-ortiz fight,Claming ortiz was to big for him.I guess ortiz would whoop mannys azz as well.[/QUOTE] I don't think it's about ripping the Marquez vs…

Post a Comment - View More User Comments (23)
Top Headlines Arum Gives Latest on Lomachenko vs. Rigondeaux Fight Jeff Horn: I Can Beat Floyd Mayweather and Conor McGregor! Haye Feels Mayweather Has Zero Fear of McGregor Landing Shots Anthony Joshua: I’d Try MMA, But I Would Probably Get Beaten Saunders: I'd Jump at Chance To Face Daniel Jacobs in December! Carl Frampton Makes it Official: Leaves Barry McGuigan, Cyclone McGregor: No Fan of Canelo, Golovkin - I Want Lomachenko-Rigo Chris Algieri: McGregor Loses, Took Me 10-15 Fights To Transition McGregor: Horn Mauled Pacquiao - That Was No Robbery Daily Bread Mailbag: Crawford-Spence, Fantasy Matches, More DeGale: Mayweather-McGregor a Mismatch, But a Great Event Damon Jones vs. James Metcalf, British Eliminator Set, 10/21 Usyk vs. Huck: Otto Wallin vs. Timur Stark Added To The Card Euro News: Braehmer-Brant, Pawel Stepien, Pierre Madsen, More Andre Ward: We Could See Mayweather Win With BIG Knockout Pacquiao-Horn Funding Issue Resolved: Manny Plans To Fight Lomachenko-Rigondeaux Close For December 9 on ESPN Golovkin-Canelo and The Right Amount of 'Marinate' Andre Ward Warns Tony Bellew: This Ain't a Movie, This is Real! Cyborg Backs Mayweather To Win, Would Love To Enter Boxing Lennox Lewis: Mayweather Should Not Be 50-0, Fight is a Farce! McGregor: I'm Ready To Change The Face of The Fight Game Berto: If McGregor Beats Mayweather - It's a Big Blow To Boxing McGregor: Mayweather Would Need To Reincarnate Bruce Lee! Pacquiao-Horn: Funding Pulled Until Manny Commits To Rematch Andre Ward: Facing Anthony Joshua is NOT Off The Table! Video: Dillian Whyte Ready For Deontay Wilder, Discusses Future Andre Ward on Top Rank Rumors, Says HBO Contract is Up Yomar Alamo Blasts Zsigmond Vaas in One For WBC Youth Belt Sean Dodd Stops Antonio Horvatic In Tom Stalker Warm-Up Photos: Oleksandr Gvozdyk, Mike Alvarado Smash Opponents Lipinets Rips Indongo, Says IBF Title Was 'Stolen' From Him Crawford on Facing Pacquiao-Horn Winner Next: I'm All For It! Mayweather Not Focused on Surpassing Marciano's Mark of 49-0 Photos: Crawford Demolishes Indongo To Become Undisputed! Photos: Dillian Whyte, Bryant Jennings Blast Out Opponents Photos: Shakur Stevenson Dominates To Win Third FIght Joe Selkirk: I Came Back To Win a World Title Whyte: My Body Shots Would Make Wilder Fall in Three or Four! Video: Bryant Jennings Talks Wilder-Ortiz, Crawford, More
Advertisement

Latest Active Forum Threads
Advertisement
Advertisement