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 Erick De Leon vs. Aldimar Santos, Oct. 28 on UniMas Eddie Hearn Shakes His Head at Lee Selby's Inactivity Adam Lopez vs. Carlos Valcarcel on November 12 in Philadelphia Photo: Victor Ortiz Mugshot Released For DUI Arrest Callum Smith-Luke Blackledge British Title Clash In Play, Nov. 26 Pacquiao Admits Past Drug Use, Backs Prez's Tough Stance UK News: Kassem vs. Murray, Leather Twins, BoxNation Update Artur Beterbiev vs. Isidro Ranoni Prieto Set For December 23 Calzaghe Backing Cleverly To Unseat Braehmer For The Title Dimitrenko: Parker is Looking Past Me, He's Focused on Joshua Terry Flanagan - In-Depth on Crolla, Verdejo, Return, What's Next WBA Prez: We've Asked "Twice" For Tyson Fury's Medical Report! Mikey Garcia Eyes Dejan Zlaticanin Bout in November, December Frank Warren Reacts To Eddie Hearn: Tyson Fury is NOT Done! Hanzel Martinez Vows To Stop Ruiz Inside The Distance Johnny Nelson: Parker is at The Same Level as Anthony Joshua Golovkin's Coach: Jacobs Beat Cancer, He's Not Scared of GGG Eddie Hearn: Joshua-Klitschko Not Done, Negotiations Ongoing UK News: Skeete vs. Singleton, Liam Williams, Osman, More Cotto Could Be in Line For WBO Shot - When Canelo Goes To 160 Cleverly: Braehmer Fight Has Been Five Years in The Making Wladimir Klitschko vs. Anthony Joshua? Yes, Please. Photo: Canelo Alvarez, With Splint, is Back To Putting in Work Victor Ortiz Arrested For Driving Under The Influence Joseph Parker Avoids Social Media as Fight Rumors Swirl Walters Warns Lomachenko: Remember Donaire? I Want a KO! Milan Melindo vs. Fahlan Sakkreerin, IBF Interim on November 26 Mayweather: If McGregor Stole My Blueprint, It's a Good Thing! Lomachenko vs. Walters Made Official For November 26, HBO Ganigan Lopez Injured: Pedro Guevara Will Now Face Tomogdan Robert Helenius To Return on December Date in Helsinki Randy Petalcorin Domintes Donnie Mabao Over Ten Rounds Joseph Parker vs. Andy Ruiz For Vacant WBO Title? Tyson Fury Will NOT Return in 2016, Says Peter Fury Sosa-Smith Winner is Contractually Bound To Face Fortuna Next Photos: Braehmer, Cleverly - Face To Face at Final Presser David Price Wants Parker or Top Name on Nov. 26, Not Allen Kell Brook Has Surgery - Wants Canelo, Cotto, Khan in 2017 Dennis Ceylan in Toughest Camp Ever For Ryan Walsh Clash Michael Conlan, Donnelly Named in Olympic Betting Judgement
Advertisement

Latest Active Forum Threads
Advertisement
Advertisement