Wednesday, June 14, 2006
Diego Corrales has decided to sue Jose Luis Castillo and Top Rank Inc. over their scheduled fight on June 3rd in which Castillo failed to make weight. The lawsuit states that Castillo was training in a manner that kept him from making weight and that Castillo knew that he wasn’t going to make weight prior to the fight and neglected to reveal the fact. Corrales and his lawyer are seeking over $12 million in damages and lost payment.
Tuesday, June 13, 2006
HOLLYWOOD, FL – With a bid of $810,000 today in East Orange, New Jersey, Warriors Boxing Promotions and Sampson Lewkowicz have secured the right to promote the IBF Number One Elimination Bout between unbeaten 2000 Olympic Silver Medalist, Sultan Ibragimov and rugged contender Ray Austin later this summer.
Warrior’s bid far exceeded that of the second place bidder, Don King Promotions, which bid $100,000.
“We bid so much to show that we are committed to bringing excitement back to the Heavyweight Division through Sultan Ibragimov,” explained Lewkowicz. “Austin is a formidable opponent, but he is just a stepping stone on Ibragimov’s road to the Heavyweight Title.
Sunday, June 04, 2006
Matthew Hurley of BoxingScene.com by way of FOX Sports has analyzed the aftermath of Jose Luis Castillo’s weight problems and the cancellation of this weekend’s mega-fight because him and Diego Corrales.
The windfall from this disaster will be particularly hard on Castillo. Twice he has now at least appeared to try to gain the upper hand against an opponent by side stepping the rules. Obviously he will move up in weight, but his popularity, not only with the fans but his promoter, Bob Arum — who called his actions “disgusting” — will not put him in good stead in future bouts.
In the end it is Corrales and the fans that suffer. But he will return to fight another day, hopefully against an opponent who grants him the respect he deserves.
Tuesday, May 23, 2006
Top Rank Inc. has sued Golden Boy Promotions over unfair contract terms on promoting Oscar De La Hoya’s recent victory over Ricardo Mayorga. Top Rank CEO Bob Arum estimates that his company is owed at least $3 Million.
Thursday, May 04, 2006
Ricardo Mayorga has threatened to pull out of Saturday’s fight against Oscar De La Hoya if he does not receive the full $8 Million purse that he was allegedly guaranteed by Don King. Mayorga made the announcement shortly after the final pre-fight news conference had concluded. King has said that he never previously agreed to any such deal with Mayorga.
Thursday, April 27, 2006
Bob Arum feels that HBO wasn’t repaying him for his loyalty to the company when they decided to air the upcoming Antonio Tarver-Bernard Hopkins fight on June 10th instead of his Top Rank Inc.‘s Miguel Cotto-Paulie Malignaggi bout that same night. HBO had offered Arum a package that would allow his bout to air on June 9th, but Arum refused to take the deal.