Comments Thread For: Ryan Garcia-Luke Campbell - WBC Orders Fight To Purse Bid

[Pantera_]

Please educate me on this. I DKSA belts. Purse bid happens when fighters can't agree on the splits, right? If so, how much is on the table, and what %? Thanks.

*** if I know. I just know they happen all the time. And that's because I'm not new to the sport.

[MPDKSAB]

Are you new to the sport? Lots of fights go to purse bid.

What I said went over your head. You shoulda asked a valid question if you were confused about anything.

[sicko]

What the bid now?

Not sure where the bid will start, I guess we will have to wait until Tuesday but interesting how they made sure to note:

The purse bid hearing will be open to all WBC-registered promoters.

Eddie Hearn and Eric Gomez probably will strike a deal at the last minute

[BoxingIsGreat]

*** if I know. I just know they happen all the time. And that's because I'm not new to the sport.

Same here. Sicko or someone else will know.

I was asking because we don't need another fight falling apart like the situation Top Rank is dealing with now.

[BoxingIsGreat]

Not sure where the bid will start, I guess we will have to wait until Tuesday but interesting how they made sure to note:

Eddie Hearn and Eric Gomez probably will strike a deal at the last minute

Thanks. My question was more like why do purse bids happen?

[sicko]

Thanks. My question was more like why do purse bids happen?

Oh Ok

When a Sanctioning Body Orders a fight the promoters of those fighters are giving a deadline to strike a deal on their own. If they can't come to an agreement then it goes to Purse Bid which is open to the highest bidder regardless of Promotion/Promoter or Network. So come Tuesday anybody can come in and bid for this fight which most promoters really don't like doing

The purse in a purse bid is split between the fighters according to the preset formulas of the sanctioning commissions. So I guess we just have to wait until Tuesday and WBC President Sulaiman will have to break that all down potential bidders before the bidding starts.

This is not a Champion vs Challenger Purse bid in which the Champion automatically gets the Larger % so I'm going to assume they would split the Purse Bid Winnings 50/50 maybe

yeah it is all confusing which is why promoters typically prefer to avoid it and just get a deal done

[BoxingIsGreat]

Oh Ok

When a Sanctioning Body Orders a fight the promoters of those fighters are giving a deadline to strike a deal on their own. If they can't come to an agreement then it goes to Purse Bid which is open to the highest bidder regardless of Promotion/Promoter or Network. So come Tuesday anybody can come in and bid for this fight which most promoters really don't like doing

The purse in a purse bid is split between the fighters according to the preset formulas of the sanctioning commissions. So I guess we just have to wait until Tuesday and WBC President Sulaiman will have to break that all down potential bidders before the bidding starts.

This is not a Champion vs Challenger Purse bid in which the Champion automatically gets the Larger % so I'm going to assume they would split the Purse Bid Winnings 50/50 maybe

yeah it is all confusing which is why promoters typically prefer to avoid it and just get a deal done

Thanks so much for the enlightenment. I hope these alphabet belts will disappear someday.

Green K for the effort, my brother.

[GBP4LIFE]

DAZN has to much dead money tied up in fighters and promoters who don’t move the needle such as Hearn & Andrade combo.. paid these guys mega bucks meanwhile Ryan getting peanuts and he’s a major producer

[eco1]

What the bid now?

22 dolla' ....

[Corelone]

Hearn gonna open up the war chest? Hahaha. There are two things wrong with that statement. Hearn won't pay to get his guy beat and if Hearn thinks it's a risk, he won't even bid. Get the shot, but keep it cheap, or get outbid and let somebody else pay for it. If Campbell was a sure thing, Ryan wouldn't have called him out, and that's enough to spook Eddy.