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Golovkin-Jacobs: WBA Denies Request To Modify Purse Bid Split

By Miguel Rivera

Last week, the World Boxing Association (WBA) issued a purse bid extension for mandatory fight between middleweight champions Gennady Golovkin and Daniel Jacobs.

The WBA has given both sides until October 12th to reach a deal. The purse bid will likely take place on October 22nd. Golovkin holds the WBA's 'super title' at the weight, while Jacobs is the 'regular' champion.

Last week, Jacobs' attorney Leon Margules submitted a petition to modify the percentage terms of the purse bid - which were 75-25 in favor of Golovkin. Jacobs wanted a 60-40 split in favor of Golovkin. The WBA made a decision on Wednesday and denied Jacobs' request - stating that the purse bid will remain at 75-25.

golovkin-jacobs-4_3

The two sides are negotiating the terms for an HBO televised date of December 10th, with the Barclays Center and Madison Square Garden as potentials venues to host the fight in New York City.

The World Championships Committee of WBA, after having voted unanimously, denied any modification of the monetary terms.

According to the rules of the organization in Article 9, Section D - an order for a purse bid, between a regular champion and a super champion, would result in percentages that are 75% and 25% respectively.

However, the rules of the WBA in section C Article 46 specifies that: "... the strict application of the rules can be modified when WBA sees fit and justified to accommodate special circumstances. In such case, the WBA will consider a request for special permission or exception .... "

Having said that, they decided to deny the modification of purse bid percentages based on section C rule 47, which provides that the sanctioning body may grant or deny special requests if it receives the vote of at least two thirds of the Championships Committee.

User Comments and Feedback (Register For Free To Comment) Comment by aboutfkntime on 10-24-2016

[QUOTE=Wizardsh;17144690]You really are smoking crack if you think some of these fights wont happen. Iam not even going to waste my time explaining why they will happen, you already made your mind up. Just make sure to post when some…

Comment by Wizardsh on 10-23-2016

[QUOTE=aboutfkntime;17144561]which ones, and why ? there is nothing to indicate that any of those fights will happen Golovkin has already killed/refused most of them[/QUOTE] You really are smoking crack if you think some of these fights wont happen. Iam not…

Comment by aboutfkntime on 10-23-2016

[QUOTE=Wizardsh;17142781]Some of these fights will happen what will you say then? Why do you and many hate ggg?[/QUOTE] which ones, and why ? there is nothing to indicate that any of those fights will happen Golovkin has already killed/refused most…

Comment by aboutfkntime on 10-23-2016

[QUOTE=Tomjas;17142707][url]http://www.boxingscene.com/andre-ward-rules-out-fights-168-175-not-easy-make--107486[/url] [B]Like shooting fish in a barrel[/B][/QUOTE] fish-boy....... your link is from 08-08-[B]2016[/B] 08-08-2016, you know..... [B]AFTER[/B] Golovkin ducked Ward TWICE, and [B]AFTER[/B] Ward had moved to 175..... what about when lil'G ducked Ward in July 2015 fish-boy? and what…

Comment by Wizardsh on 10-22-2016

[QUOTE=aboutfkntime;17142336]they took that fight, in 2 minutes..... because it was a GREAT cherry-pick it was a superb risk/reward decision, and their BEST option Ward, was not..... so that fight didn't get made Lara, was not..... so that fight didn't get…

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