Advertisement
Advertisement

Lomachenko vs. Russell Purse Split To Be Examined

By Rick Reeno

The WBO's purse split for Gary Russell vs. Vasyl Lomachenko will have to be examined, according to Golden Boy Promotions CEO Richard Schaefer. Last week, Golden Boy won the promotional rights with a bid of $1,052,250, barely beating out Top Rank's offer of $1,050,000. Golden Boy is planning to stage the fight on June 21 at the StubHub Center in Carson, California.

According to the WBO's rules, Lomachenko is entitled to 60% of the split - $631,350 - with Russell getting 40% or $420,900. While Russell is the mandatory challenger to the vacant WBO featherweight title, Lomachenko is entitled to more money, says the WBO.

In the WBO's rules, it reads the following: "If the fight is held in the country of origin, residence or nationality of one of the contenders, the resident contestant shall receive 40 percent and his opponent shall receive 60 percent off the total purse offered."

Schaefer says Lomachenko's residence needs to be confirmed. While the fighter hails from Ukraine, Schaefer says the Olympic gold medal winner lists his residence as Marina del Rey, California.

"We asked the WBO to clarify the situation as it relates to the purse split, because Lomachenko lists his residence as Marina del Rey, California. If he is in fact a resident of the United States, then it should be a 50-50 split," Schaefer told BoxingScene.com.

A source close to Lomachenko's team informed BoxingScene that Lomachenko's manager rents him a home in California for the purpose of occupying the dwelling during training camp. Besides living there during training camp, the boxer spends all of his time in Ukraine.

User Comments and Feedback (Register For Free To Comment) Comment by Pigeons on 04-23-2014

[QUOTE=ShoulderRoll;14457770]Arum may have punked GBP on this one. Top Rank lost the purse bid but their fighter will end up getting paid more, with the money coming out of the pockets of their hated rival.[/QUOTE] Do you really think Top…

Comment by Loque-san on 04-23-2014

[QUOTE=ShoulderRoll;14457770]Arum may have punked GBP on this one.[/QUOTE] Not if the fight goes the distance...

Comment by ShoulderRoll on 04-23-2014

Arum may have punked GBP on this one. Top Rank lost the purse bid but their fighter will end up getting paid more, with the money coming out of the pockets of their hated rival.

Comment by Kagami Taiga on 04-23-2014

[QUOTE=jreckoning;14457700]What is funny about this is this rule is kind of like a randomly applied out of nowhere rule. I highly doubt Quillen got 40% for beating Konecny this past weekend though according to the rule he should have.[/QUOTE] I…

Comment by jreckoning on 04-23-2014

What is funny about this is this rule is kind of like a randomly applied out of nowhere rule. I highly doubt Quillen got 40% for beating Konecny this past weekend though according to the rule he should have.

Post a Comment - View More User Comments (28)
Top Headlines Frampton Must Defy Conventional Wisdom To Upset Santa Cruz Bracero on Malignaggi Bout: I'm Fighting For My Dreams, Future Jose Roman, Ruben Villa Batter Opponents at The Doubletree McGuigan: Frampton Has Been After Santa Cruz Since 2013 Canelo Smiles: I Ran From Golovkin? He's Fought NOBODY! Santa Cruz vs. Russell Much Better Fight; Both Want Selby Next Frank Warren: Frampton Left 122 With Rigondeaux Clash Marquez Has No Regrets Over Cotto Position, Retirement Near Adonis Stevenson With Vicious Knockout of Williams in Four Adonis Stevenson vs. Thomas Williams: LIVE BScene Scorecard Ruslan Provodnikov Meets With Promoter, Return is Anticipated Eleider Alvarez Beats Robbie Berridge, On Course For Stevenson Frampton’s Promoter: Santa Cruz is Carl’s Toughest Fight Yet Keith Thurman vs. Danny Garcia Potentially in Early 2017 Adonis Stevenson vs. Thomas Williams - CompuBox Review Photos/Weights: Luis Nery vs. David Sanchez in Tijuana Photos/Weights: Antonio Orozco vs. Lopez, Joseph Diaz vs. Proa Carl Frampton After the Scales: This Was Easy and I Feel Great SHO VP: Wilder vs. Joshua in Late 2017, Could Be Pay-Per-View Photos: Mikey Garcia vs. Rojas Malignaggi-Bracero Battle Ready Photos: Frampton, Santa Cruz Ready For War at Barclays Center Video: Frampton Fans in Force at Weighin For Leo Santa Cruz Antonio Gutierrez vs. Jorge Melendez, LA Fight Club on 9/2 Juan Carlos Camacho Jr. Goes Pro With Miguel Cotto Thomas Williams: TKO Loss To Gabriel Campillo Doesn’t Define Me Chisora Unlikely To Land Whyte, Trying To Get Helenius Rematch Weights From Brooklyn: Santa Cruz 125.4, Frampton 125 Frampton To Santa Cruz: I'll Be The Bigger Man on Fight Night Adrien Broner's Request For Early Release From Jail is Denied Tyson Fury To Take On UKAD Over Drug Test Results Adonis Stevenson-Thomas Williams: Pre-Fight Report Card Lara's Manager on The Possibility of Facing Gennady Golovkin Roach: Me and Pacquiao Remain in Boxing To Get Mayweather Verdejo's Manager Says Flanagan Clash Possible For November Frank Warren on Crawford: Best American in a Long Time Amir Khan: I'd Need 6 Months of MMA Training For McGregor MGM Liverpool Launches, Will Promote October Show Leo Santa Cruz Motivated To Make Frampton Taste First Defeat Dennis Ceylan vs. Ryan Walsh For Euro Crown on October 15 Marquez's Coach: Estrada, Ramirez Best in Mexico - NOT Canelo
Advertisement

Latest Active Forum Threads
Advertisement
Advertisement