Comments Thread For: Sergey Kovalev-Adonis Stevenson Negotiations Still Ongoing

[TheThirdEye]

The WBC screwed her over. When is the last time a sanctioning body ordered a purse bid with both fighters allowed to fight interim bouts? I don't know of another instance. Usually purse bid bouts have to take place within 90 days of the bid and no interim fights are allowed. It was a ridiculous deviation from the WBC rules instigated by Haymon and Yvon Michel.

lil liar, read my friend, read

RULES & REGULATIONS OF THE WORLD BOXING COUNCIL (“WBC”)

2.5 Adherence to Purse Offer Procedure. After a WBC sanction has been issued, the boxers and their representatives shall have a period to freely engage in negotiations (“free negotiations”) to reach an agreement on financial terms that will apply to their WBC contest. When the boxers and their representatives cannot reach such an agreement during the free negotiations period, the WBC may institute a purse offer, also known as a purse bid or purse auction process. When ordered by the WBC, this purse offer procedure shall not be affected by any promotional agreements in which a promoter has options on either or both boxers in such bouts.

2.8 Free Negotiations Period. After the WBC orders a bout, there shall be a period of thirty (30) days for the parties to negotiate, finalize, execute, and file a contract for the bout. Should the parties fail to file a fully-executed contract with the WBC by the end of such period, the period of free negotiations shall automatically terminate. The WBC may, by notification to the parties, shorten or lengthen the free negotiation period in special circumstances as determined by the WBC in its sole discretion.

*The only deviation from the WBC, was to leave the WBC Diamond belt in Kovalev's hands; which prove how much they still want this fight to happen. Lets see how Kathy will mess this up by releasing a third Joker up her sleeve.

[wasporbee]

lil liar, read my friend, read

RULES & REGULATIONS OF THE WORLD BOXING COUNCIL (“WBC”)

2.5 Adherence to Purse Offer Procedure. After a WBC sanction has been issued, the boxers and their representatives shall have a period to freely engage in negotiations (“free negotiations”) to reach an agreement on financial terms that will apply to their WBC contest. When the boxers and their representatives cannot reach such an agreement during the free negotiations period, the WBC may institute a purse offer, also known as a purse bid or purse auction process. When ordered by the WBC, this purse offer procedure shall not be affected by any promotional agreements in which a promoter has options on either or both boxers in such bouts.

2.8 Free Negotiations Period. After the WBC orders a bout, there shall be a period of thirty (30) days for the parties to negotiate, finalize, execute, and file a contract for the bout. Should the parties fail to file a fully-executed contract with the WBC by the end of such period, the period of free negotiations shall automatically terminate. The WBC may, by notification to the parties, shorten or lengthen the free negotiation period in special circumstances as determined by the WBC in its sole discretion.

*The only deviation from the WBC, was to leave the WBC Diamond belt in Kovalev's hands; which prove how much they still want this fight to happen. Lets see how Kathy will mess this up by releasing a third Joker up her sleeve.

This tiny part of the WBC rules literally addresses no part of my comment. What are you on?

[MDPopescu]

This tiny part of the WBC rules literally addresses no part of my comment. What are you on?

Don't bother... The kid's brain is toasted.

[ShoulderRoll]

Fight's got a better chance of happening now.

PBC going under and they gotta look for life after PBC.

Why do you say PBC is going under?

[Dr Rumack]

Haymons fighter aren't going to fight on HBO or anywhere else for less money than they're making now. Simple economics.

Therein lies the problem for PBC.

[MisanthropicNY]

"Negotiations"... you might as well... have not even posted this article.. in boxing... every fight is being "negotiated"... May-Pac was negotiated for 5 years...

Triple G vs. Canelo can also be placed in the category of it's being "negotiated"...

Wasn't Al Haymon blackballed from HBO already? Now, I did eventually believe that Haymon fighters would be back on HBO at some point, but I thought it'd only be the top stars like Floyd (for his 50th) oh wait... that's the only one he has..the rest of the guys are still marginal... so yeah, I don't see it happening unless Floyd comes back in Sept. to school Canelo again and win the Middleweight title and get #50.

[Hougigo]

Why do you say PBC is going under?

Personal opinion

Don't see them being able to sustain themselves running the way they are very long.

[kennethjohn]

Kovalev has already said he would fight Stevenson in Montreal, so that shouldn't be a problem.

According to Duva, she and Yvon Michel already came to an agreement on all the terms, which would include the purse split.

all stevenson fights in canada are PPV fights in french. stevenson will probably get majority of that pay too.
Haymon made a fortune with stevenson.

[TheThirdEye]

This tiny part of the WBC rules literally addresses no part of my comment. What are you on?

So read this Mr. 90 days,

Kathy Duva, who lobbied for this purse bid in 2014, labeled Haymon an “obstructionist”. By presenting herself to the WBC convention in mid December 2014, asking the WBC President to make the winner of the WBC Diamond belt, mandatory to Stevenson. Therefore, Sergey Kovalev TKO Jean Pascal on 03/15/2015, and following the WBC regulation about the free negociation period, the WBC ordered the purse bid for April 17, after (33) days. Even if Sergey Kovalev pulls out the purse bid on 04/15/2015, while he was a free agent. So the WBC waited until Kovalev re-signed with HBO on 05/18/2015 and reset the purse bid for 05/29/2015, which Team Kovalev turn down again for a second time.

FACTS

[kafkod]

all stevenson fights in canada are PPV fights in french. stevenson will probably get majority of that pay too.
Haymon made a fortune with stevenson.

Stevenson earns $2million+ for his fights and the viewing figures have nose-dived since he signed with Haymon.

I can't see how Haymon has made a fortune with him. I would think he's taken a loss, tbh.