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Arum sounding very anti testing! See inside.
Top Rank's Bob Arum, who is not involved in the Khan-Peterson fight, said event cancellation insurance already costs up to eight percent. He said if any carrier would even consider insuring against performance-enhancing drug usage, it would go up many times that.
"They'll be asking for 50 percent and that's economically impossible," Arum said. "How can they write insurance? Basically, they're writing blind. When it comes to the health, they examine the fighter, they have doctors, records and his fight history, all of that, that they can look at. But no one has a record as a substance abuser? Who can get insurance for that or even figure out how to do it?
"The thing is, you don't need [event-cancellation] insurance if it's a team sport. If you lose the quarterback, the game goes on. Even in tennis, if you lose the big star, the rest of the event goes on. But in boxing and in UFC, where it is one-on-one and the event rests on one guy, [a positive test] is catastrophic."
this is a exert form an article on yahoo, he is basically saying its too resky to involve testing and insures wouldnt cover losses if someone tests positive, sounds like he is against it to me.
"They'll be asking for 50 percent and that's economically impossible," Arum said. "How can they write insurance? Basically, they're writing blind. When it comes to the health, they examine the fighter, they have doctors, records and his fight history, all of that, that they can look at. But no one has a record as a substance abuser? Who can get insurance for that or even figure out how to do it?
"The thing is, you don't need [event-cancellation] insurance if it's a team sport. If you lose the quarterback, the game goes on. Even in tennis, if you lose the big star, the rest of the event goes on. But in boxing and in UFC, where it is one-on-one and the event rests on one guy, [a positive test] is catastrophic."
this is a exert form an article on yahoo, he is basically saying its too resky to involve testing and insures wouldnt cover losses if someone tests positive, sounds like he is against it to me.
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