Comments Thread For: Crawford, Indongo to Pay Over $100K Apiece in Sanctioning Fees

[Gunpowdergreg]

Sanctioning Fees are what gave us(and keeps) all the alphabet soup cartels and 17 weight divisions to begin with.

[The Smash]

Even by boxing's standards, this is grotesque.

[artfuL_]

It's pretty fkn costly being a boxer. If paying your usual taxes and fees (trainers, sparring partners, manager, promoter etc.), isn't expensive enough. The ABC groups are demaning 3 percent each, may as well pull a gun on the boxers while at it.

[S7V7N]

Why was Indongo stripped of IBO title?

Was stripped by IBF not IBO for not facing his mandatory Lipinets. He unified with Burns WBA last fight & still hasn't "defended" IBF since beating Troyanovsky. Pretty damn ridiculous.

The IBF does not allow step aside deals and a unification with Crawford or a voluntary defense will not be sanctioned - until Indongo satisfies the mandatory defense order.
Indongo will have to face Lipinets or vacate his IBF world title. If he does vacate, then Lipinets will fight for the vacant IBF title against the highest ranked available contender who accepts the opportunity.

Full article

[Cobra_]

Why was Indongo stripped of IBO title?

lol no one cares about that title to pay them. Hilarious how some promoters are trying to pass it off as a legit world title.

[N/A]

This article is false.

Sanctioning fees are reduced for unified champions. It is not 12%.

[S7V7N]

This article is false.

Sanctioning fees are reduced for unified champions. It is not 12%.

3% x 4 titles. Can be negotiated lower.

Hooked on phonics works for me!

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.

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.

[Dean_Razorback]

Was stripped by IBF not IBO for not facing his mandatory Lipinets. He unified with Burns WBA last fight & still hasn't "defended" IBF since beating Troyanovsky. Pretty damn ridiculous.



Full article

he still the champion according to the IBF page, are you sure he was stripped?

[doubletake]

he still the champion according to the IBF page, are you sure he was stripped?

It was the IBO that stripped him, per the IBO's champions page.

http://www.iboboxing.com/champions.html

[slimPickings]

The LEECHES strike again!!

I guess the alphabet soups are accountable to no one but themselves!!