What Is Vasiliy Lomachenko Interested In Doing?
One fighter wants more money, while another is willing to cut his pay. Will the latter end up working well for both sides?
Recently, Teofimo Lopez rejected an offer in recess of $1.2 million for a fight against Vasiliy Lomachenko, reportedly set for October 3. He would now make less if he is “resigned” to defend his IBF Lightweight Title against another opponent. His team is interested in taking another fight and revisiting a Lomachenko bout. Top Rank’s Bob Arum is not interested in breaking the bank for Lopez and is praising the commitment of Lomachenko, the WBA, WBO, and WBC Lightweight Champion.
Speaking on the Ak and Barak Show, Arum discussed what Lopez is expecting out of all of this and what he should be expecting.
“Teofimo is a great guy and we will continue to promote his fights,” Arum stated, via World Boxing News. “But I think Teofimo is beginning to realize that his aspirations as far as how much his purse should be was based on selling tickets to an arena, to as much as two and a half or three million dollars. Plus the closed-circuit – another million dollars.
“Those revenue streams are gone. But that doesn’t mean that he shouldn’t get a big purse. And he is getting a big purse. “But you obviously can’t pay the man what you would be able to otherwise if you had a gate and closed-circuit revenue. It’s as simple as that.”
Lopez (15-0) turned professional in 2016. The Brooklyn-born star won the vacant WBC Continental Americas Lightweight Title in his tenth pro fight. He won NABF gold in 2018 and ended up knocking out Richard Commey back in December to win the IBF Lightweight Title. That was the last time he fought inside a boxing ring. The 22-year-old has twelve wins via knockout.
Lomachenko last fought Luke Campbell in August, where he won the WBC Lightweight Title. If Lopez wasn’t available, Lomachenko (14-1) could end up facing Felix Verdejo. And what if a fight can be saved between the two?
There have been issues regarding fighters and their salary. Top Rank’s Terence Crawford wouldn’t fight for a pay cut. would Lomachenko?
“As far as Lomachenko is concerned, he has a contract with us,” Arum went on to say. “A long-term contract for substantial numbers based on the level of fights. “He is voluntarily under these circumstances reduced his (own) purse in order to get the fight done.”
Arum is currently looking at all options when it comes to a fight between the two lightweights.