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By Robert Morales - "Sugar" Shane Mosley and Richard Schaefer, CEO of Oscar De La Hoya's Golden Boy Promotions, on Friday will meet with HBO executive Kery Davis to see if financial considerations can be worked out for a fight between Mosley and welterweight champion Antonio Margarito. Schaefer and Bob Arum, Margarito's promoter, on Tuesday confirmed that this sit-down will take place in Atlantic City, site of Saturday's fight between Kelly Pavlik and Bernard Hopkins.
As things stand right now, the money is not there to make Mosley-Margarito.
"HBO doesn't have enough money on the table," Arum said. "So it looks like that fight can't happen. If they put more money on the table, I think that fight can happen."
Arum said just last month that if Mosley wanted to fight Margarito, he would have to wait until after the rematch between Margarito and Miguel Cotto that is tentatively scheduled for June.
Arum said that return fight would take place providing Margarito and Cotto win their next fights in January and February, respectively. Arum was asked at the time why Mosley - who is promoted by Golden Boy - would not be considered for Margarito's January fight. Arum's response was that he wasn't sure the money would be there, and that he didn't want to take any real risks that would ruin a rematch between Margarito and Cotto, both of whom are promoted by Arum. But in the days following Mosley's 12th-round technical knockout of Ricardo Mayorga on Sept. 27, suddenly there was talk of Mosley fighting Margarito in January. [details]
As things stand right now, the money is not there to make Mosley-Margarito.
"HBO doesn't have enough money on the table," Arum said. "So it looks like that fight can't happen. If they put more money on the table, I think that fight can happen."
Arum said just last month that if Mosley wanted to fight Margarito, he would have to wait until after the rematch between Margarito and Miguel Cotto that is tentatively scheduled for June.
Arum said that return fight would take place providing Margarito and Cotto win their next fights in January and February, respectively. Arum was asked at the time why Mosley - who is promoted by Golden Boy - would not be considered for Margarito's January fight. Arum's response was that he wasn't sure the money would be there, and that he didn't want to take any real risks that would ruin a rematch between Margarito and Cotto, both of whom are promoted by Arum. But in the days following Mosley's 12th-round technical knockout of Ricardo Mayorga on Sept. 27, suddenly there was talk of Mosley fighting Margarito in January. [details]
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