Eddie Hearn & Bob Arum Trade Barbs Over Lopez-Kambosos Purse Bid
Top boxing promoters Eddie Hearn and Bob Arum are at odds over a purse bid that has dominated the headlines.
Teofimo Lopez holds multiple major championships in the lightweight division. He is scheduled to face mandatory IBF Title challenger George Kambosos at a date to be determined. While Lopez fights under Arum’s Top Rank Boxing, he and Kambosos couldn’t come to terms in the negotiation process so their bout went to a purse bid.
Top Rank put in a $2.3 million bid but Triller ended up obtaining rights to Lopez vs. Kambosos with a $6.1 million offer. Matchroom Boxing fell behind Triller with a $3.5 million bid but was ahead of Top Rank.
Arum made it clear to BoxingScene.com that he felt betrayed by Hearn over the bid. Arum and Hearn have been working together in an effort to make Anthony Joshua vs. Tyson Fury a reality.
Here’s what Arum had to say about Matchroom’s bid.
“We would have been pissed if Eddie Hearn and Matchroom put in the winning bid. That’s bad policy for him to do that because he has nothing to do with Teofimo. Hearn gets into a lot of purse bids and we don’t ever get involved if we don’t have a connection with the fighter. It makes no sense for them to put Lopez on DAZN. It’s just wrong.
“But he lost and pissed us off at the same time. It sent a message to us. But he better watch out the next time he goes to a purse bid when the fighters have no connection to ESPN or Top Rank. Maybe we’ll jam a bid up Hearn’s ass. We’ll get back at them. I’m angry at them, yeah.”
Hearn also spoke to Boxing Scene and he responded to Arum’s comments.
“You know, Bob’s been out there, ‘Oh, Eddie Hearn, I’m f–king pissed off that he’s bid and he’s gotta watch himself now.’ F–k off! It’s an open market. If you can’t do a deal with your fighter, and that comes into the open market, you pay the consequences. And the consequences is someone else has popped up from nowhere and taken one of your biggest assets on your platform, for ESPN, and put it on another platform. It’s a disaster for Top Rank.”