IBF Moves The Purse Bid Date For The Hrgovic-Ruiz Bout

Reports have confirmed, as per Boxingscene.com, that the IBF has moved the purse bid for the interim heavyweight bout between Filip Hrgovic and Andy Ruiz.

The undefeated Hrgovic from Croatia (15-0, 12KOs), who is co-promoted by Wasserman Boxing and Matchroom Boxing, will be taking on Ruiz (35-2, 22KOs), whose promotional needs are handled by TGB Promotions which is a part of PBC.

As such, the IBF has decided to hold the hearing on February 23rd, 2023, rather than February 28th, as previously declared.

Daryl People, the president of the IBF, notified all the concerned promoters about the stipulations for the upcoming hearing.

The notice requires that all participants have their bids at least 15 minutes before the hearing starts, and the minimal accepted bid is $100,000 and must be accompanied by a non-refundable fee of $5,000.

The highest bidder must present ten percent of the total amount at the hearing as a down payment, and then another ten percent must be given within five working days of the bidding process.

Hrgovic has already earned his place as the mandatory challenger to unified heavyweight champion Oleksandr Usyk (20-0, 13KOs).

He survived a knockdown to win a split decision against Zhilei Zhang (21-1-1, 13KOs) of China in Jeddah, Saudi Arabia, to become the mandatory challenger.

Meanwhile, Ruiz (35-2, 22KOs) holds the third spot in the IBF heavyweight rankings, is ranked second with the WBC and is the number one contender in the WBO. However, he has only participated in two bouts since his victory over Anthony Joshua.

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