Quillin-Korobov WBO Purse Bid Won By Roc Nation
By Rick Reeno
In a stunning turn of events, Roc Nation Sports, the sports management company founded by rapper Jay Z, blew away the competition at today's WBO purse bid for Peter Quillin's mandatory defense against Matt Korobov.
Former Golden Boy executive David Itskowitch, now working with Roc Nation, was present on behalf of their company, which is eager to make a dent in the boxing promotional business.
Top Rank's Carl Moretti, who represents Korobov (24-0, 14KOs), bid a shade over $515,000. Ramiro Gonzalez of Golden Boy Promotions, who represent Quillin (31-0, 22KOs), bid $1,207,000 - and Roc Nation bid $1,900,480.
Moretti tells BoxingScene.com that Roc Nation is looking for a date in early November (1st or 8th, with the 8th as the current target) - with Barclays Center in New York City and Washington DC being mentioned as the two possible locations. Roc Nation has obtained promotional licenses in both states.
[QUOTE=Pigeons;14868499]I believe the split is 75/25 in favor of the champion. 75% of 1,900,480 is a $1,425,360 purse for Quillin.[/QUOTE] I know he's not said to get on with him but this bid just feels like it has Haymon's fingerprints…Comment by Eastcoast on 08-18-2014
As promoters, Roc Nation will be looking to sign fighters, many of which are going to be signed with Al Haymon as their advisor. Will Jay Z be stepping on Haymon's feet or are they going to get along?Comment by Jaliscoguey13 on 08-18-2014
Now Roc Nation has to look for a big fight to put this fight in the undercard.Comment by Mikhnienko on 08-18-2014
Don't forget that Jay-Z's wife Beyonce sued Al Haymon because he tried to steal money from her when he was in the entertainment and concert business so i don't think they're aligned.Comment by Dealer on 08-18-2014
[QUOTE=***1048;ATAS;14868048]I think it's more of a business move, being this is their first time getting into boxing. I'm surprised others don't occasionally snag purse bids more often.[/QUOTE] [QUOTE=The Big Dunn;14868059]I agree and said same in other threads on this topic.[/QUOTE]…Post a Comment/View More User Comments (38)