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Klitschko-Povetkin: Hryunov Wins, $23 Million Mega Bid! - Boxing News
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 Last update:  4/23/2013       Read more by Rick Reeno            &
Klitschko-Povetkin: Hryunov Wins, $23 Million Mega Bid!
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By Rick Reeno has been advised that Russian promoter Vladimir Hryunov set down a monster bid of $23,200,000 million dollars to overwhelm the competition at the WBA's mandatory heavyweight purse bid, securing the rights to the championship fight between Wladimir Klitschko (59-3, 50KOs) and Alexander Povetkin (25-0, 17KOs). K2 Promotions put in a bid of $7.1 million dollars and Sauerland Event bid 6.01 million.

Klitschko-Povetkin has to take place by the end of August. Both fighters have fights lined up in May. Wladimir faces Francesco Pianetta next Saturday in Germany, while Povetkin is going to make his own voluntary defense against Polish opponent Andrzej Wawrzyk on May 17 in Russia.

Over the last few years, there were two prior purse bids and both of them were won by Klitschko's company, K2. Hryunov is the longtime manager and adviser of Povetkin. Klitschko will receive 75% of the money as the "super champion" and Povetkin gets 25%. Hryunov listed Russia, Germany and Las Vegas as potential locations for the fight.

Hryunov is looking at a date of August 31, while Sauerland wanted to stage the fight on August 25th or September 15th, and K2 was looking at September 7 and September 14.

Tags: Wladimir Klitschko , Alexander Povetkin , Klitschko-Povetkin , Klitschko vs Povetkin

 User Comments and Feedback (must register to comment)

comment by Cupo303, on 04-24-2013
Wlad better make sure where he gets his water from ....:ugh:

comment by Code 206, on 04-24-2013
[QUOTE=Freedom.]The Klitschko haters will never give Wlad any credit no matter what he does. They'll just discredit him by saying his opponents were no good and the era is bad, like they always do.[/QUOTE] Truth hurts don't it.

comment by NEETzsche, on 04-24-2013
wlad better win by knock-out, just to be safe.

comment by Pain~Lucy, on 04-24-2013
[QUOTE=ShoulderRoll]Yeah, I wonder that myself. They're throwing around a lot of money for some of these fights and you know they can't be making much profit with those expenditures.[/QUOTE] what can i say, maybe they're betting all their money to wlad?

comment by Pain~Lucy, on 04-24-2013
[QUOTE=The Weebler II]Doesn't appear like K2 will enjoy this news.[/QUOTE] how and why? wlad's getting $17.5m!!!! [QUOTE=Own3d]Interesting, i believe this fight won't happen now. Klitschko doesn't like not being in control.[/QUOTE] he's the one in controlled, getting that kind of money? he c...

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