Pulev & Whyte Promoters Lose Purse Bid
At the purse bid on Thursday for the IBF heavyweight title eliminator, the promoters for both Kubrat Pulev and Dillian Whyte did not end up with the bid.
Epic Sports and Entertainment, led by former Don King attorney, John Wirt, won the bid with $1,500,111, beating the Matchroom bid of $831,111 and Pulev’s promoter Team Sauerland’s bid of $801,305.
Per the results of the bid, its a 75/25% split with Pulev earning $1,125,083.25 and Whyte earning $375,027.75.
Epic Sports & Entertainment submitted 10 percent of its bid at Thursday’s purse bid at the IBF offices in Springfield, New Jersey. They have five business days to submit a check to the IBF for another 10 percent.
Epic must return a signed contract for both fighters to the IBF by June 8th, and the fight must take place on or before August 24th.
The winner would be the mandatory challenger for Anthony Joshua’s IBF world heavyweight title, who Pulev was set to face in October 2017, but pulled out due to injury. Whyte, who is represented by Joshua’s promoter Eddie Hearn, fought Joshua in 2015 in a knockout loss.
Post Via ESPN