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Boxingscene.com

Crawford, Indongo to Pay Over $100K Apiece in Sanctioning Fees

By Keith Idec

Terence Crawford and Julius Indongo have the rare opportunity to own each of the four widely recognized world titles in their weight class.

The 140-pound title-holders will pay plenty, though, for the chance to become a fully unified champion in the super lightweight division. BoxingScene.com has learned that Crawford, the WBC and WBO champion, and Indongo, the IBF and WBA champion, will pay more than $100,000 apiece in sanctioning fees from their undisclosed seven-figure purses to fight for those four world titles August 19 at Pinnacle Bank Arena in Lincoln, Nebraska (ESPN).

The figures are so high because Crawford (31-0, 22 KOs), of Omaha, Nebraska, and Namibia’s Indongo (22-0, 11 KOs) each will submit 12 percent of their respective purses for the right to fight for those four championships.

crawford-indongo_1

Indongo was stripped of the IBO 140-pound championship on Monday. If that fifth title would’ve been at stake a week from Saturday night, Crawford and Indongo would’ve paid even more in sanctioning fees.

The IBF, WBA, WBC, WBO and IBO typically take 3 percent apiece from the purses of a champion and challenger when those organizations sanction a title fight. In cases of superstars such as Floyd Mayweather Jr., Manny Pacquiao and Canelo Alvarez, those sanctioning bodies often negotiate lower fees for title fights because those highly paid stars aren’t willing to pay 3 percent from their eight-figure purses.

Whoever wins the Crawford-Indongo fight will become the first boxer in any division in 12 years to hold the IBF, WBA, WBC and WBO titles at the same time. The last boxer to own all four titles at the same time was Jermain Taylor, who won the IBF, WBA, WBC and WBO middleweight titles from Bernard Hopkins in July 2005.

When Taylor and Hopkins fought again in December 2005, only the WBA, WBC and WBO middleweight titles were at stake in their immediate rematch.

Mandatory defenses and champions’ unwillingness to pay four sanctioning fees have prevented such a fight from happening in the 12 years since Taylor beat Hopkins at MGM Grand Garden Arena in Las Vegas.

Keith Idec is a senior writer/columnist for BoxingScene.com. He can be reached on Twitter @Idecboxing.

User Comments and Feedback (Register For Free To Comment) Comment by olivetree66 on 08-19-2017

[QUOTE=MasterPlan;17934364]Why was Indongo stripped of IBO title?[/QUOTE] probably didn't pay the sanctioning fee

Comment by GhostofDempsey on 08-10-2017

Utter nonsense that they have to pay 12% of their purse for these titles that are on the line. This is why fighters earning $1M for a fight are lucky if they walk away with $200K after taxes, manager, promoter,…

Comment by Tom Cruise on 08-10-2017

[QUOTE=Mr.Fantastic;17934392]Boxing - where you have to pay to be a world champion.[/QUOTE] Everyone pays, its just boxers pay after getting their purse. Wimbledon tennis players get their prize money after all the organisational costs have already been taken

Comment by bigdunny1 on 08-10-2017

These crooked son bytches robbing fighters SMH

Comment by Ray* on 08-10-2017

That is just wrong, totally unacceptable. This is why boxers at a certain level shouldn't give a toss about the belts. So the sactioning bodies here would make almost a quarter of a million from these two boxers! That's ridiculous.

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