Josh Taylor has signed a new promotional deal on the back of becoming a world champion.
The 29-year-old Edinburgh super-lightweight claimed the IBF world title during his run to winning the World Boxing Super Series last year.
Taylor (16-0, 12 KOs), who has been under the Cyclone Promotions banner both managerially and promotionally since turning professional, then added the WBA Super and vacant Ring Magazine titles to his haul in the showpiece final of the tournament at the O2 Arena in London back in October.
And after becoming the consensus number one at 140lbs, the news that Taylor has inked a deal with Bob Arum’s famous Top Rank Inc. and an advisory contract with managerial powerhouse MTK Global was welcomed by everyone –– apart from Cyclone, which is fronted by former WBA world featherweight champion Barry McGuigan.
The company released a statement on Thursday, expressing their “sadness” and “frustration” that Taylor “felt the need to attempt to break his contract” with them.
It has been reported that, as a result of ‘The Tartan Tornado’ inking a deal with Arum and Top Rank, Taylor will fight on ESPN across America going forward.
He said: “2019 was a huge year for me, but 2020 looks set to be even bigger and I’m delighted to have signed a deal with Top Rank and ESPN and an advisory contract with MTK Global.
And he has since responded to Cyclone Promotions’ statement on the news, adding: “I wanted to stay respectfully silent about my relationship with Cyclone but given they have released a statement, it is only proper that I respond.”
Taylor has been guided by Cyclone Promotions since making his professional debut back in July 2015 at the Don Haskins Center in El Paso, Texas, when he stopped Archie Weah in the second of six scheduled rounds on the undercard of Carl Frampton’s IBF world super-bantamweight title defence against Alejandro Gonzalez Jr.
“While I acknowledge and appreciate the role that Cyclone has played in my career to date, three weeks ago I terminated my promotional agreement with Cyclone as a result of various breaches of contract including, in particular, breaches relating to a conflict of interest on the part of the promoter,” he continued.
“That allowed me to search for a new promoter, which I have found in Top Rank. I wanted to part ways amicably and without resorting to court proceedings [and] I thought and hoped the McGuigans would feel the same way given the litigation they are involved in with other fighters.
“I hope all of us can now move on in a positive way concentrating on things which advance us all.”
Cyclone Promotions is currently in a court battle with the aforementioned Frampton and further details surrounding the case of Taylor will come to light in due course.
For now, however, Taylor will be looking to secure big fights –– particularly a unification showdown with Jose Carlos Ramirez.
Ramirez, who holds the WBO and WBC portions of the world title at the weight, returns to the ring on February 1 at Mission Hills Haikou in Haikou, China when he faces former Taylor opponent Viktor Postol in a defence of his titles.
Jack Catterall, the WBO mandatory challenger and number one contender, is next in line to face the winner of Ramirez vs. Postol, but Taylor won’t want to waste any time in getting stuck in now that he has taken a step towards the next chapter of his career.