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what is the sanctioning fees for the IBO World title ?
Posted: 21 Jun 2018, 21:54
by biglefthook
What is the sanction fees for the Ibo ( international boxing organisation) world title
As they are not in the top 4 but are still very popular with the current world champions Iwould like to know what their sanctioning fees are ?
Too much for the likes of Britain's for Frankie Gavin's promoter who could not afford it without a sponsor and no tv
And I see George Groves didn't even bother to pay for the fees against eubank jnr
I understand the ibo was not the biggest war title out there but they have a lot of respect and have a lot of Great World champions
Re: what is the sanctioning fees for the IBO World title ?
Posted: 22 Jun 2018, 06:50
by J.P
It's about $20k but goes up depending on fight purse
Re: what is the sanctioning fees for the IBO World title ?
Posted: 22 Jun 2018, 06:52
by J.P
It's about $20k but goes up depending on fight purse.
IBO regarded as the 5th belt its equivalent to The number 2 belt of the other 4 like a inter-continental title or so
Re: what is the sanctioning fees for the IBO World title ?
Posted: 22 Jun 2018, 06:55
by RScarf1
They are listed here. For purses above $1 million, it is 3% of the purse from the champion and 3% from the challenger, so 6% total. There are also other fees such as officials and promoter fees.
www.iboboxing.com/sanction_fees.html
Re: what is the sanctioning fees for the IBO World title ?
Posted: 22 Jun 2018, 07:05
by Ruthless-RKO
Re: what is the sanctioning fees for the IBO World title ?
Posted: 22 Jun 2018, 07:57
by Enlightened-One
biglefthook wrote: ↑21 Jun 2018, 21:54
What is the sanction fees for the Ibo ( international boxing organisation) world title
As they are not in the top 4 but are still very popular with the current world champions Iwould like to know what their sanctioning fees are ?
Too much for the likes of Britain's for Frankie Gavin's promoter who could not afford it without a sponsor and no tv
And I see George Groves didn't even bother to pay for the fees against eubank jnr
I understand the ibo was not the biggest war title out there but they have a lot of respect and have a lot of Great World champions
The IBO are a terrible organisation and my opinion is based on research.
Take a look at the following post I submitted in January 2018:
Most of their current world champions are anonymous and a disproportionate amount of them are from South Africa:
• Kevin Lerena
• Karo Murat
• Mohamed Mimoune
• Shavkat Rakhimov
• Gideon Buthelezi
• Michael Dasmarinas
• Simphiwe Khonco
Re: what is the sanctioning fees for the IBO World title ?
Posted: 22 Jun 2018, 08:45
by jamesmcdonnell
The IBO is a total joke, it's no more relevant now than it was 10 years ago.
It's just a belt for people who can't win one of the others.
Re: what is the sanctioning fees for the IBO World title ?
Posted: 22 Jun 2018, 10:29
by Perseus
http://www.ibhof.com/pages/links/links.html
Looks like the IBO has finally sponsored the hall of fame.
That is a big step towards someday being on equal footing with the "big four". It's not there yet but may get there at some point.
The big four have been recognized by the hall of fame for many years..
