WBA Orders GGG-Jacobs Purse Bid
The fight between middleweight king Gennady Golovkin and Danny Jacobs has been a frustrating one to make, as it failed to materialize in December as planned. Now, the WBA has ordered a purse bid after negotiations have continued to stall.
RingTV reported that a purse bid will take place on Dec. 19 at their offices in Panama City, Panama. Both sides can, however, come to an agreement before that date. Given the amount of time they’ve had so far to get a deal done, this seems unlikely.
Golovkin will receive 75% of the winning bid if the fight does go to purse bid, with 25% going to Jacobs. The reasoning comes from GGG being the WBA’s "super" middleweight champion while Jacobs is the "regular" title holder.
A purse bid means that the promoter with the highest bid will have the rights to control the fight’s promotion, broadcasting network, and location.
The undefeated Golovkin last stopped Kell Brook on Sept. 10. The Kazakh star likes to remain active, and had planned to return on Dec. 10 against Jacobs. Because of the stalled negotiations, 2016 will be the first year since 2012 that GGG has fought less than three times.