i have 12 oz everlast gloves... its soaked.. is there a way to dry it? or is it totally ruined?

leave it out to dry

Might wanna apply some leather conditioner or baby oil or something like that before you try drying it so the leather doesn't crack.

I'd imagine with the right leather conditioner you could even throw it in the dryer (but you'd have to really coat that sh*t).