Povetkin’s side wins purse bid against King
Don King’s vision to put another heavyweight title fight in the Democratic Republic of Congo vanished in a midtown Manhattan hotel on Friday.
Andrey Ryabinsky’s World of Boxing outfit won the WBC purse bid to stage a mandated heavyweight interim title fight between Alexander Povetkin and Bermane Stiverne. World of Boxing, which handles Povetkin, won the auction with an offer of $3.165 million, gaining control of the fight and ending King’s quixotic dream of putting the bout in the same country (formerly Zaire) that once hosted Muhammad Ali and Geoge Foreman’s “Rumble in the Jungle.”
The WBC has mandated a 50/50 purse split of the winning tender. WBC president Mauricio Sulaiman didn’t immediately return an email to learn of King’s losing bid. The bout will now likely end up in Russia, just as Povetkin’s previous bout with Deontay Wilder was supposed to take place in Moscow on May 21 before Povetkin flunked a drug test and the bout was called off after Ryabinsky won the purse bid.
Also on Friday, the purse auction for the heavyweight bout between Johann Duhaupas and Carlos Takam was also held in New York. The winning offer was from Italian promotional firm OPI2000, (Salvatore and Christian Cherchi) with a bid of $235,000 dollars, the WBC also announced.
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