Promoters for Teofimo Lopez and George Kambosos Jr. have reached an impasse. Their inability to reach a financial agreement for that mandated lightweight title fight led the IBF to order a purse bid Monday. Bob Arum's Top Rank Inc. (Lopez), DiBella Entertainment (Kambosos) or any other promoter can bid for the right to put on a Lopez-Kambosos bout during a virtual purse bid that has been scheduled for February 18.
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