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By Jake Donovan
Bob Arum and Oscar de la Hoya have declared to the world that boxing’s Cold War has officially thawed and that their companies – Top Rank and Golden Boy Promotions, respectively – are ready to do business together.
They now have until July 31 to make good on that promise.
The World Boxing Organization (WBO) submitted a letter to the offices of both promotional companies ordering a mandatory title fight between defending champ Peter Quillin and top challenger Matt Korobov. The bout was officially ordered on July 1, three days after Korobov advanced to the top spot with a 10-round win over Jose Uzcategui in Omaha, Nebraska.
With each ordered mandatory title fight comes a 30-day period for the fighters and their respective camps to negotiate a deal. Should the two sides fail to come to terms, the sanctioning body will order the fight to go to a purse bid.
Should this fight go that route, the minimum accepted bid will be $200,000, with a traditional 75/25 split for champion and challenger. That amount could change, depending on the location of the fight. [Click Here To Read More]
Bob Arum and Oscar de la Hoya have declared to the world that boxing’s Cold War has officially thawed and that their companies – Top Rank and Golden Boy Promotions, respectively – are ready to do business together.
They now have until July 31 to make good on that promise.
The World Boxing Organization (WBO) submitted a letter to the offices of both promotional companies ordering a mandatory title fight between defending champ Peter Quillin and top challenger Matt Korobov. The bout was officially ordered on July 1, three days after Korobov advanced to the top spot with a 10-round win over Jose Uzcategui in Omaha, Nebraska.
With each ordered mandatory title fight comes a 30-day period for the fighters and their respective camps to negotiate a deal. Should the two sides fail to come to terms, the sanctioning body will order the fight to go to a purse bid.
Should this fight go that route, the minimum accepted bid will be $200,000, with a traditional 75/25 split for champion and challenger. That amount could change, depending on the location of the fight. [Click Here To Read More]
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