Joe DeGuardia plans to meet with Chris Algieri to discuss future
Promoter Joe DeGuardia is scheduled to meet with Chris Algieri for lunch on Thursday to work out their future plans and see if they can map out a return in the fall, DeGuardia told RingTV.com.
Algieri, a former titleholder, hasn’t fought since April when he was dropped three times and stopped in the fifth round by rising contender Errol Spence Jr. Algieri has expressed frustration with DeGuardia over his business practices. Specifically, Long Island’s Algieri (21-3, 8 knockouts) has spoken of not knowing all of the financials involved in his fights and has called on DeGuardia to release the information earlier than what he’s obligated to do.
Before the bout with Spence, Algieri complained publicly that, though he had negotiated a set purse, the Bronx-based promoter never disclosed what percentage of the total financial package his pay represented. DeGuardia has maintained that he’s done nothing wrong and is simply following the mandate of the law for when he’s obligated to disclose financial data, which is at the weigh-in. In any event, DeGuardia hopes to sort out their issues on Thursday when they break bread and start planning when Algieri will return.
“Chris and I are meeting for lunch tomorrow and we’re going to go through what options there are for fights for him and make a decision what’s going to be next for him,” DeGuardia said in a phone interview. “I have a few opportunities and a few things I’m looking at and now it’s about deciding what’s the best approach. I’ve told him that I think October would be a good target time (to return). It seems like he agrees, but we’re going to go through that in detail (on Thursday).”
DeGuardia referenced Gabe Bracero and even former two-time champion Paulie Malignaggi, both of whom fought last Saturday as the types of fighters he would like to see Algieri come back against. Malignaggi, 35, cruised to a decision win against Bracero, who is also 35.
“I think it would be good to shake out a little bit and take a kind of fight where he can headline a smaller card and feel comfortable about who we’re fighting that will put him back into contention,” DeGuardia said. “Those kinds of guys (Bracero and Malignaggi) will make for good fights but not the same kind of wars that he’s been in recently.”