Advertisement
Advertisement
Boxingscene.com

Caballero-Walters Purse Bid Won By Canelo Promotions

By Jhonny Gonzalez

BoxingScene.com was informed that Canelo Promotions was the sole bidder in this morning's purse bid, held by the World Boxing Association in Panama. The promotional company, owned by WBC champion Saul "Canelo" Alvarez, submitted the minimum bid of $120,000 dollars to secure to the rights to the featherweight bout between "regular" champion Celestino Caballero (36-4, 23KOs) and mandatory challenger Nicholas Walters (21-0, 17KOs).  There will be a 75-25 split in favor of the champion.

The fight actually taking place is still unlikely. Caballero, refusing to fight on certain dates and turning down certain venues, missed out on a purse of over $300,000 to fight Mikey Garcia, and instead will receive only $90,000 for Walters. Those close to the situation are expecting Caballero to vacate his title and make a move in weight to 130-pounds.

User Comments and Feedback (Register For Free To Comment) Comment by jtcs1981 on 09-20-2012

Caballero is taking the wrong decision over and over. He was going to make a lot more money fighting Mickey. Now his promotional company dont even bid on his fight. So much for a money team.

Comment by bigcursedawg on 09-20-2012

[QUOTE=Nyboxfan1;12534045]What a waste of money for Canelo promotions. Eventhough the fight won't happen, they still lose their deposit to the WBA. Caballero will move up to 130 and Walters will probably fight Javier Fortuna for the vacant title and get…

Comment by Nyboxfan1 on 09-20-2012

What a waste of money for Canelo promotions. Eventhough the fight won't happen, they still lose their deposit to the WBA. Caballero will move up to 130 and Walters will probably fight Javier Fortuna for the vacant title and get…

Comment by 285Kid on 09-20-2012

Celestino Cabellero is not going to fight, WBA need to do something.. [IMG]http://i.imgur.com/MEEnL.png[/IMG]

Post a Comment - View More User Comments (4)
Top Headlines Billy Joe Saunders Drops Adam Booth, Hires Dominic Ingle Taras Shelestyuk Training Hard With Joel Diaz For Return Rey Vargas vs. Ronny Rios Added To Cotto-Kamegai Joshua-Klitschko II - Frontrunner is Las Vegas, Says Hearn Horn's Trainer: Brutal KO Loss to Marquez 'Haunts' Pacquiao Ward-Kovalev Rematch Replay Peaked at 947K Viewers on HBO Claressa Shields vs. Nikki Adler For WBC Title, August 4 on ShoBox De La Hoya: I Actually Hope Mayweather-McGregor is Good Fight Rigondeaux: I'll Sign Contract For Magdaleno Faster Than UPS! Easter: I'll Make it Look Easy and Will Be First To KO Shafikov Mikey Garcia: I'd Be 'A Huge Star in Boxing' If Not for Long Layoff Horn, Promoter Slam Pacquiao For Texting During Entire Presser An Opportunity for Jerwin Ancajas To Impress on Pacquiao Card UK News: Scott Fitzgerald, Ryan Burnett, Ted Cheeseman Roach Warns Horn: This is Going To Be a Short and Sweet KO! Hassan N’Dam vs. Ryota Murata Rematch - Purse Bid on July 7 Jamie Cox, Erik Skoglund Join World Boxing Super Series WBC Prez Smiles To Canelo: We Will Still Sanction Golovkin Bout! Romero Duno Heads To United States To Train For Next Fight Photos: Pacquiao, Horn - Go Face To Face at Final Presser! Ryan Martin: Time To Prove That I'm a Real Deal Fighter Giovanni Santillan is Aiming To Knock Sammy Valentin Out Hopkins on GGG: There Will Be Blood, Mostly on Canelo's Shorts Miguel Cruz Drops Alex Martin Twice, Wins Decision in Rematch Nacho Believes Golden Boy Won't Allow Cotto-Marquez Clash Abel Sanchez: Shafikov Has "Extremely Tough" Task With Easter Horn: I Like Being Told I Stand No Chance Against Pacquiao Bob Arum: Blame Me if Pacquiao-Horn Isn't a Competitive Fight! Diego De La Hoya Ready For Battle in San Luis, Argentina Povetkin Back in Good Graces of The WBA, WBO, Says Ryabinsky Smith: Don't Think I'm Getting Deserved Credit for KO of Hopkins Pacquiao Not Looking Past Horn, But Wants Mayweather Rematch Charlo-Heiland, Washington-Miller Set For Broner-Garcia Card Mikey Garcia: Unless a Lucky Punch, I Don't See How Broner Wins Antoine Douglas vs. Bruno Sandoval Set For July 14th Roach: To Get Mayweather, Pacquiao Must Impress With Horn Sergey Kovalev Eyes New Trainer, Move To New Weight Class Photos: Vijender Singh, Zulpikar Maimaitiali - Go Face To Face Marco Huck is Pumped To Join World Boxing Super Series Uzcategui's Agent on Dirrell Rematch Order, Lawson Court Case
Advertisement

Latest Active Forum Threads
Advertisement
Advertisement