Bob Arum Discusses Humberto Soto's Free Agent Status
By Rick Reeno & Lem Satterfield
Top Rank's CEO Bob Arum spoke with BoxingScene.com about Humberto Soto taking the position of being a promotional free agent. Soto's manager, Antonio Lozada, disclosed to numerous outlets in Mexico that his boxer is now represented by well known boxing attorney Michael Miller, who advised Top Rank that Humberto is a free agent.
Soto was scheduled to defend his WBC lightweight title in a rematch with Urbano Antillon on the May 7th pay-per-view undercard to Manny Pacquiao vs. Shane Mosley at the MGM Grand in Las Vegas. But, Soto never signed the contact for the rematch and told numerous parties that he doesn't plan to go forward with the fight.
According to Lozada, Soto is going to return on a televised date in late May or early June - under the banner of a new promoter - but there was no disclosure on the name of the promoter, although rumors in Mexico indicate that he might try to sign with Golden Boy Promotions.
Arum is not sure why Lozada keeps mentioning Top Rank. According to Arum, Soto has not been under contract with Top Rank for several years. Soto has been working with Top Rank through a promotional agreement with Fernando Beltran's Zanfer Promotions, which is Top Rank's partner in Mexico. Top Rank has nothing to do with the ongoing problems between Soto and Beltran, says Arum.
"F**k that. He's not my fighter. He's Fernando's fighter. We haven't had him under contract for years. He and Fernando will either work things out or won't work things out. I got more things on my plate than this. The kid has done nothing but cost us money," said Arum to BoxingScene.com.
"He's supposed to be meeting with Fernando, and, hopefully, they'll work it out. And if they don't work it out, they don't work it out. I mean, it's got nothing to do with us. We've used Soto as a courtesy to Fernando."
If the situation with Soto is not resolved, don't be surprised if Antillon is reshuffled to a showdown with WBA champion Brandon Rios on July 9. Top Rank would also replace Soto-Antillon with another fight on the pay-per-view broadcast.
[SIZE="4"][COLOR="Red"]Mexicans shouldn't sign with Arum. He's been very disrespectful to Mexicans lately. He promotes Manny Pacqiauo the formerly less than average flyweight who got murdered by a 2 divisions smaller mediocre miniweight fighter--and then Manny becomes the ATG. And he…Comment by mrpain81 on 04-14-2011
[QUOTE][B]Lightweight titleholder Humberto Soto, claiming he is owed more than $1 million by Top Rank[/B] and that his promotional agreement with the company is expired, has declared himself a free agent, attorney and co-manager Michael Miller told ESPN.com. Miller said…Comment by Elotero on 04-14-2011
[QUOTE=mrlopez;10371425]:bottle: ^^^^ Here you go mijo, no llores..... Too bad cause Rios would have KHTFO!!![/QUOTE] Hey, I dont care if you plan on using Rios pipi as your pacifier every night, Rios gets knocked out cold in 4.Comment by Rick Reeno on 04-14-2011
[QUOTE=edgarg;10372404]I assume that he did not want to go into what the other issues are, as I'd bet you asked him. You seem to be implying a decision of the sort made by an arbitrator or court??? I know that…Comment by edgarg on 04-13-2011
[QUOTE=Rick Reeno;10371617]I have confirmation from Soto's attorney that his contract ran out with Top Rank in 2009, but there are other issues at play and it has to be determined if those issues fall on the shoulders of Top Rank…Post a Comment/View More User Comments (21)