WBA Rejects Jacobs’ 60-40 Purse Request

While a middleweight title fight between Gennady Golovkin and Danny Jacobs was ordered in September, the fight has stalled in negotiations. With a purse bid looming, Jacobs has asked for the split to be 60-40 in Golovkin’s favor, rather than the standard 75-25 percent share split.

The World Boxing Association has rejected Jacobs’ request, ruling in favor of the 75-25 split in Golovkin’s favor, per Ring TV. Golovkin’s manager Tom Loeffler confirmed the news.

Jacobs and his team were hoping that his status as a "regular" middleweight champion, compare to GGG’s "super" designation, would be able to bring the purse closer to even. The WBA is giving both sides until Oct. 22 before a purse bid is ordered, meaning any promoter can bid to promote the fight.

A purse bid could provide certain complications. If Al Haymon, who manages Jacobs, is promoting the fight, then he will most likely look to broadcast it on Showtime. Golovkin has an exclusive deal with HBO, so Loeffler could be faced with having to allow GG to fight on Showtime.

Loeffler hopes that the negotiations will be ironed out before the purse bid deadline, preferring to come to an agreement with Jacobs’ team. He says that the WBA made the right decision in rejecting Jacobs’ request, as Golovkin’s track record justifies the 75-25 purse split.

“I think the WBA recognized that Gennady has made 16 title defenses,” Loeffler told RingTV.com. “He’s been the WBA champion for over six years, so we’re just happy they upheld their rules and hopefully it allows us to continue to move closer to make the fight with Jacobs. I think it’s always more beneficial for a promotion to try and work out a deal so both sides are satisfied.”

The fight is targeted for Dec. 10 in New York, either at Madison Square Garden or the Barclays Center.

Original Story: http://www.ringtv.com/467983-wba-rules-favor-golovkin-75-25-purse-split/

You might also like
By using our site you acknowledge that you have read and understand our Cookie Policy, Privacy Policy, and our Terms of Service. X

SIGN UP NOW!

Breaking News And Highlights Around Boxing, MMA, Kickboxing, Martial Arts and more!

By signing up, you agree to comply with our Terms of Service and Privacy Policy.