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 Golden Boy Prez on Linares' Future, Garcia/Lomachenko Fights Schaefer Agrees With De La Hoya's Position on Golovkin June Fight Photos: Ringstar Sports Prospects, Schaefer, Roach, Garcia Presser Nonito Donaire Meeting with Promoters, Decision Coming Soon Briedis-Huck Now For Full WBC Title, Bellew Made Emeritus Champ Nacho: Chavez Jr. Will Never Be His Father, But He Can Win Petr Petrov Continues To Grind Hard; Antoine Douglas Gets Win Vincent Feigenbutz To Top May 13 Sauerland Card in Karlsruhe Golovkin's Trainer: Spence is Not Ready, Brook Will Beat Him Christopher Diaz, Olympians Return on Top Rank Card, April 21 Muhammad Ali - New Film Getting Developed, To Drop in 2021 Sullivan Barrera vs. Paul Parker Finalized for HBO Latino, April 15 Bellew Admits He Was Terrified, Wrote a Will Before Haye Fight Joseph Parker vs. Hughie Fury Not Likely To Leave Auckland Daniel Dubois vs. David Howe Added To Manchester Card Crawford-Diaz Announced for 5/20 at MSG, Not Prudential Center Kosei Tanaka vs. Angel Acosta Finalized For May 20 in Nagoya Kell Brook vs. Errol Spence - Ticket Information Quigg vs. Simion Could Become Final Eliminator, Says Hearn Cause of Amateur's Death a Mystery as Investigation Continues Warren: Forget Flanagan-Crolla, Let’s Make Flanagan-Linares Amir Khan Eager to Test Out His Surgically Repaired Right Hand Spence's Trainer: Errol is Just as Big, Taller Than Kell Brook Scott Quigg Aims To Reclaim Elite Status With Freddie Roach Paul Butler: Jamie McDonnell Fight Is Close Marcus Morrison: I F***ed Up, Will Be Back Better Andy Lee Tired of "Biased" Commentary During Sky Sports Cards Mikey Garcia Feels Golovkin Made Mistake By Going To PPV Wladimir Klitschko: Guns Are Cocked, I Look Forward To Shooting Hearn: Joshua-Haye is Dead, Haye Needs Bellew Rematch Marriaga Confident of Win: Oscar Valdez is Not Out of This World Golovkin's Coach Has NO Issue With Jacobs Missing IBF Weigh-In De La Hoya Cautions: Canelo Can Not Lose To a Countryman Ricardo Mayorga Ready For Action, Has One Eye on Margarito Klitschko Would Want Farewell Fight at Olimpiyskiy in Ukraine De La Hoya To Mayweather: Forget McGregor, Fight Canelo at 160 DeGale: I Can Fight Gennady Golovkin at 160, Andre Ward at 175 Photos: Barthelemy-Blanco, Hernandez-Davis - Official Weigh-in Katie Taylor Wants Women's Boxing To Have Three Minute Rounds Linares: I'd Love To Face Mikey Garcia in Las Vegas, LA, Anywhere
Advertisement
Latest Active Forum Threads
Advertisement
Advertisement