BoxRec

Negotiations between the two parties end in six days, on October 12. However, Tom Loeffler, managing director of K2 Promotions who is representing Golovkin, told the WBA that it is unlikely that the parties will reach an agreement before the deadline and recommended that the fight go to a purse bid.

The request is currently being evaluated by the WBA.

Article 1, Section D of the WBA rules states that the boxers and their representatives, or the president of the WBA, can ask at any time during the negotiation process that a purse bid be offered to the public

Such a request must be examined and approved by the Championships Committee.

Jacobs’ lawyer Leon Margules asked the Championships Committee to reconsider the percentages in advance of the purse bid.

According to the rules of the organization, Article 9, Section D orders that the percentages for the fight between a Super World and World champion are 75% and 25% respectively.

However, the request made by Margules will be reviewed by the Championships Committee and its decision, as well as the time, date and place of the purse bid, will be announced Friday. - boxing scene

Haymon will win the purse bid and then Golovkin will vacate the belt because he can't fight off of HBO.

lefty wrote:Haymon will win the purse bid and then Golovkin will vacate the belt because he can't fight off of HBO.

Haymon is broke.

P.S. If Loefler manages to have Golovkin vacate the WBA belt, Gennady should leave K2 immediately. Collecting all belts and beating Bernard's record have been his main goals, and that would ruin them.

boxing_rocks wrote:

lefty wrote:Haymon will win the purse bid and then Golovkin will vacate the belt because he can't fight off of HBO.

Haymon is broke.

P.S. If Loefler manages to have Golovkin vacate the WBA belt, Gennady should leave K2 immediately. Collecting all belts and beating Bernard's record have been his main goals, and that would ruin them.

To be fair that is all speculation on our behalfs and the media's as of now. Haymon is a slipper character- he always seems to find funds or help from somewhere when he needs it.

I agree though- Golovkin should be pissed off if that happens and should consider his options.

I never really expected the fight to happen anyway. Jacobs fights for the Pussified Boxing Committee. Those guys don't take challenges outside of the PBC...and rarely take on challenging fights at all. Hopefully it happens as it's actually a more interesting fight than GGG vs Canelo IMO.

Al is far from broke, he's just run out of investor money. Why would he want to win the purse bid? He already has dozens of fighters with no dates. Makes no sense at all. K2 will handily win the bid and then Jacobs will wrap up the belt for ggg as he continues to add to his record of fighters handing him their belt instead of fighting.

boxing_rocks wrote:

lefty wrote:Haymon will win the purse bid and then Golovkin will vacate the belt because he can't fight off of HBO.

Haymon is broke.

P.S. If Loefler manages to have Golovkin vacate the WBA belt, Gennady should leave K2 immediately. Collecting all belts and beating Bernard's record have been his main goals, and that would ruin them.

Yeah.

I think K2 may win the purse bid, then Jacobs give up his mandatory position because he ain't getting enough money , etc.

SaadOffTheDeck wrote:Al is far from broke, he's just run out of investor money. Why would he want to win the purse bid? He already has dozens of fighters with no dates. Makes no sense at all. K2 will handily win the bid and then Jacobs will wrap up the belt for ggg as he continues to add to his record of fighters handing him their belt instead of fighting.

Time will tell I guess.

SaadOffTheDeck wrote:Al is far from broke, he's just run out of investor money. Why would he want to win the purse bid? He already has dozens of fighters with no dates. Makes no sense at all. K2 will handily win the bid and then Jacobs will wrap up the belt for ggg as he continues to add to his record of fighters handing him their belt instead of fighting.

That's what I meant saying "broke": he doesn't have money for big purses.

boxing_rocks wrote:

SaadOffTheDeck wrote:Al is far from broke, he's just run out of investor money. Why would he want to win the purse bid? He already has dozens of fighters with no dates. Makes no sense at all. K2 will handily win the bid and then Jacobs will wrap up the belt for ggg as he continues to add to his record of fighters handing him their belt instead of fighting.

That's what I meant saying "broke": he doesn't have money for big purses.

Certainly not to pay 75% to a guy he doesn't make a cent off.

HBO and K2 should let it all to SHO and Al. They would pay for all and GGG would get exposure on another platform/network.

@DannyJacobsTKO twitter account disappeared. Danny knew that he is not gonna fight GGG and didn't want to see fans' reaction.

boxing_rocks wrote:@DannyJacobsTKO twitter account disappeared. Danny knew that he is not gonna fight GGG and didn't want to see fans' reaction.

Jacobs knows he gets TKO by GGG. Golovkin vs Groves in UK would sell high !

Now here's a question.

Let's say Jacobs' side thinks he'll lose to Golovkin, therefore hopes to avoid the fight altogether, and to that end makes a huge winning bid. GGG can't fight off HBO, as is well known, so as Jacobs' team wished the fight doesn't go ahead, and neither fighter gets paid.

Is that ducking or not, and why?

crusader wrote:Now here's a question.

Let's say Jacobs' side thinks he'll lose to Golovkin, therefore hopes to avoid the fight altogether, and to that end makes a huge winning bid. GGG can't fight off HBO, as is well known, so as Jacobs' team wished the fight doesn't go ahead, and neither fighter gets paid.

Is that ducking or not, and why?

Wasn't that one of the scenarios I was implying all along though to be fair?

crusader wrote:Now here's a question.

Let's say Jacobs' side thinks he'll lose to Golovkin, therefore hopes to avoid the fight altogether, and to that end makes a huge winning bid. GGG can't fight off HBO, as is well known, so as Jacobs' team wished the fight doesn't go ahead, and neither fighter gets paid.

Is that ducking or not, and why?

According to this guy, it is clear ducking:

https://www.youtube.com/watch?v=A77x0P0Bl1Q

lefty wrote:

crusader wrote:Now here's a question.

Let's say Jacobs' side thinks he'll lose to Golovkin, therefore hopes to avoid the fight altogether, and to that end makes a huge winning bid. GGG can't fight off HBO, as is well known, so as Jacobs' team wished the fight doesn't go ahead, and neither fighter gets paid.

Is that ducking or not, and why?

Wasn't that one of the scenarios I was implying all along though to be fair?

To be fair to what?

It's one possibility among many; I'm just curious whether people would consider it ducking if one side makes a bid with the aim of preventing the fight.

crusader wrote:

lefty wrote:

crusader wrote:Now here's a question.

Let's say Jacobs' side thinks he'll lose to Golovkin, therefore hopes to avoid the fight altogether, and to that end makes a huge winning bid. GGG can't fight off HBO, as is well known, so as Jacobs' team wished the fight doesn't go ahead, and neither fighter gets paid.

Is that ducking or not, and why?

Wasn't that one of the scenarios I was implying all along though to be fair?

To be fair to what?

It's one possibility among many; I'm just curious whether people would consider it ducking if one side makes a bid with the aim of preventing the fight.

It's a figure of speech. It's just that's what I was alluding to all along. They force Golovkin to drop his belt because he can't fight off of HBO- Jacobs gets upgraded to super champion and his team can claim (even though it's bullshit) that they wanted the fight all along but Golovkin's team didn't. It then ends up reflecting badly on Loeffler.

lefty wrote:

crusader wrote:

lefty wrote: Wasn't that one of the scenarios I was implying all along though to be fair?

To be fair to what?

It's one possibility among many; I'm just curious whether people would consider it ducking if one side makes a bid with the aim of preventing the fight.

It's a figure of speech. It's just that's what I was alluding to all along. They force Golovkin to drop his belt because he can't fight off of HBO- Jacobs gets upgraded to super champion and his team can claim (even though it's bullshit) that they wanted the fight all along but Golovkin's team didn't. It then ends up reflecting badly on Loeffler.

I think this is the main plan, winning the purse bid, make GGG to drop that belt because he's tied with HBO and look like he ducked Jacobs and gave up his title, but IF HBO agree to let GGG to fight on SHO ???

Let's say Jacobs side pays $12 mil for the bid. $9 mil goes to Golovkin then. I bet Loefler could agree with HBO that Golovkin pays HBO $2-3 mil for fighting on Showtime. HBO happy, Golovkin happy, Jacobs gets his $3 mil for getting KO'ed, Haymons pays for all that happiness

boxing_rocks wrote:Let's say Jacobs side pays $12 mil for the bid. $9 mil goes to Golovkin then. I bet Loefler could agree with HBO that Golovkin pays HBO $2-3 mil for fighting on Showtime. HBO happy, Golovkin happy, Jacobs gets his $3 mil for getting KO'ed, Haymons pays for all that happiness

"Haymon" doesn't pay for anything, lets get that straight. That fornicating schiester uses/diverts/steals other people's money. If he somehow found a way to make this situation work, please believe any $ isn't coming out of his pocket. That's why he is where he is. Other people's money.

boxing_rocks wrote:Let's say Jacobs side pays $12 mil for the bid. $9 mil goes to Golovkin then. I bet Loefler could agree with HBO that Golovkin pays HBO $2-3 mil for fighting on Showtime. HBO happy, Golovkin happy, Jacobs gets his $3 mil for getting KO'ed, Haymons pays for all that happiness

2-3 mill. are just peanuts for HBO compared with what they would make if they are gonna air this fight. Haymon is working with other people money, investors.

apollo creed wrote:

boxing_rocks wrote:Let's say Jacobs side pays $12 mil for the bid. $9 mil goes to Golovkin then. I bet Loefler could agree with HBO that Golovkin pays HBO $2-3 mil for fighting on Showtime. HBO happy, Golovkin happy, Jacobs gets his $3 mil for getting KO'ed, Haymons pays for all that happiness

2-3 mill. are just peanuts for HBO compared with what they would make if they are gonna air this fight. Haymon is working with other people money, investors.

If they aired that fight, they would have to pay promoters for doing so. If they were making that much on boxing, they would be doing more of it. They don't.

Haymon wins the purse bid ... does the fight on HBO.

http://www.BS.com/heres-why-la ... sy--109559