Purse bid for Deontay Wilder vs. Tyson Fury rematch postponed

By Mark Elezaj

The World Boxing Council (WBC) has officially postponed the scheduled February 5 purse bid hearing for Wilder vs. Fury II, upon the request made by both sides, as they are trying to finalize the terms for their highly anticipated rematch.

The negotiating period and the February 5 deadline were both ordered back in mid-January after the WBC officially approved plans for the rematch to their classic 12-round fight in Las Vegas.

Mauricio Sulaiman, the WBC president, told ESPN Monday night that the purse bid has been postponed for seven days.

“We have extended one week the free negotiations, per their request,” Sulaiman said.

Wilder’s co-manager Shelly Finkel, said the discussions are going well.”

“We’re in strong negotiations and hopefully we will get things done,” he said. “I don’t think we are going to need a purse bid.”

So what is a Purse Bid?

A purse bid is used when promoters cannot make a deal for a mandatory fight. Basically, the promotional rights are then put up for an auction to all promoters, and the highest bidder wins promotional control of the fight and the winning bid can establish the fighter purses.

Both fighters fought back on December 1st of last year and the fight lived up to the hype. Fury came out strong, outboxing Wilder from the outside for most of the fight, but Wilder continued to follow his game plan and was able to land some clean shots, dropping Fury in both the 9th and the 12th rounds. Fury somehow managed to get up and survive the final round, finishing the fight on his feet with his hands raised.

In the end the judges scorecards were 115-111 for Wilder, 114-112 for Fury and 113-113, resulting in a split draw. Fans and media alike believed that Fury had done more than enough to win the fight despite being knocked down twice, and let their voices be heard after the final decision was read.

After the fight, Wilder (40-0-1, 39 KOs), and Fury (27-0-1, 19 KOs), both forcefully said that they wanted a rematch. Two weeks ago, the WBC ordered the rematch and set the parameters for the purse split just in case there was a purse bid.

The Showtime Pay-Per-View event was witnessed by a crowd of more than 17,000 in attendance at the Staples Center, resulting in 325,000 buys, making this fight a commercial success.

The rematch could be an even bigger financial success, and now, thanks to the postponement, both camps have a little more time to finalize the terms for the much anticipated rematch. According to numerous reports, the rematch will most likely take place at The Barclays Center in Brooklyn, New York on either April 27 or May 18.

~The Fighting Voice~

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s