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WBA resolves Charr-Oquendo purse bid dispute

Posted: 20 Jan 2018, 06:00
by Ruthless-RKO
The WBA Championship Committee has ruled on a request by WBA heavyweight champion Manuel Charr to reconsider a WBA resolution calling for a 50/50 purse bid split if a purse bid is required for his mandated defense against Fres Oquendo. Charr claims he was not given timely notice of the conditions in the WBA resolution approving his November 25 bout with Alexander Ustinov. He also requested that the minimum purse bid requirement for the Oquendo bout be altered.

Charr’s request for reconsideration was partially granted due to the timing of the notices regarding the resolution conditions and based on both parties’ request that the purse bid minimum be removed for a Charr-Oquendo bout.

Therefore, the minimum purse bid amount for the bout is removed, but the 50/50 split remains.

On November 24, 2017, the WBA Championships Committee issued a resolution approving a Special Permit for Manuel Charr to face Alexander Ustinov for the WBA heavyweight title the following day. The Special Permit had conditions, one being that the winner must immediately start negotiations with WBA #3 ranked Fres Oquendo with an agreement being made before December 22. Another condition was that if a purse bid was required, the split would be 50/50.

Oquendo’s representatives did not oppose a reduction of the minimum purse bid amount, but argued that Charr and his representatives knew the conditions of the resolution and participated in the Ustinov bout anyway.

The Committee believes there is ample evidence that Charr’s representatives were aware of the underlying Special Permit request, and the WBA assumed that Charr had been adequately informed of the conditions. Nevertheless, they consider it unlikely that Charr would have declined to participate in the Ustinov vacant title bout conditioned on a 50/50 purse split because the bout would not have been for the title otherwise.

Re: WBA resolves Charr-Oquendo purse bid dispute

Posted: 20 Jan 2018, 10:18
by Boxing Prospect
Heh accepting no one will bid big bucks foe the bout...smart move by the WBA...

Re: WBA resolves Charr-Oquendo purse bid dispute

Posted: 20 Jan 2018, 10:27
by tiny_acres
This fight is a joke

Re: WBA resolves Charr-Oquendo purse bid dispute

Posted: 20 Jan 2018, 10:31
by Ruthless-RKO
Boxing Prospect wrote: 20 Jan 2018, 10:18 Heh accepting no one will bid big bucks foe the bout...smart move by the WBA...
It was like the purse bids for Briggs vs. Oquendo. No promoter bid the minimum $1 million. The only bid was $400,000.

Re: WBA resolves Charr-Oquendo purse bid dispute

Posted: 20 Jan 2018, 13:01
by Lackeos
tiny_acres wrote: 20 Jan 2018, 10:27 This fight is a joke
It is inescapable. Ever since Oquendo won his lawsuit against the WBA, he has had the power to severely disrupt their heavyweight operations until he finally gets his title shot.

Re: WBA resolves Charr-Oquendo purse bid dispute

Posted: 20 Jan 2018, 14:10
by chinarich
There are only three certainties in this life: death, taxes, and Fres Oquendo's WBA title shot...

Re: WBA resolves Charr-Oquendo purse bid dispute

Posted: 20 Jan 2018, 20:06
by tiny_acres
Lackeos wrote: 20 Jan 2018, 13:01
tiny_acres wrote: 20 Jan 2018, 10:27 This fight is a joke
It is inescapable. Ever since Oquendo won his lawsuit against the WBA, he has had the power to severely disrupt their heavyweight operations until he finally gets his title shot.
I fully understand. But it still sucks.
If this fight was on free network tv and my batteries were out in my remote. I would not get off the couch to turn it on

Re: WBA resolves Charr-Oquendo purse bid dispute

Posted: 20 Jan 2018, 20:22
by Stuarty
There shouldn't be a chocolate fuckin watch up for grabs in this contest never mind a version of a world title. It's pure AIDS