[scribbs]

Gary Shaw, who promotes junior welterweight contender (and former titleholder) Kendall Holt, won the promotional rights to Holt's mandatory shot against titleholder Lamont Peterson on Tuesday.

Shaw grabbed the rights for a mere $50,000. Since his company was the only one that showed up at the IBF offices for the purse bid, he submitted the envelope with the cheaper total. He would have bid a much higher amount had their been competition at the auction.

As the titleholder, Peterson (30-1-1, 15 KOs) is entitled to 75 percent of the money ($37,500) with Holt (28-5, 16 KOs) getting the remaining 25 percent ($12,500).

Link

 

[Noonaldinho]

Jesus!

 

[Wallet]

The Peterson-Judah purse bid went for $50k a couple of months back too.

Peterson in high demand.

 

[sean87ph]

Shaw is a fat joke, he ruined the Bradley Alexander promotion.

 

[Lilo]

Shit sticks.

 

[Wallet]

Peterson's eliminator against Cayo (before Khan) went for just $25k.

 

[Robney]

Damn... :yikes
I actually feel bad for Kendall.

 

[Danny]

Makes you wonder how Peterson got the Khan fight in the first place.

 

[adamcanavan]

Sounds like khan could easily get the Peterson rematch and get his title back

 

[Lunny]

Just been made official according to fat Dan.

Dan Rafael ‏@danrafaelespn
Done deal: Signed contracts are in for the Peterson-Holt junior welterweight title bout on Feb. 22 on ESPN'2 "Friday Night Fights.


Holt is only getting $12,500? Are there any add ons that go with that? Is that all he gets?

 

[Bajingo]

Just been made official according to fat Dan.

Dan Rafael ‏@danrafaelespn
Done deal: Signed contracts are in for the Peterson-Holt junior welterweight title bout on Feb. 22 on ESPN'2 "Friday Night Fights.

Holt is only getting $12,500? Are there any add ons that go with that? Is that all he gets?

I'm sure they'll be some TV money and other bonuses but it'll still be low, FNF level fighters never get paid that much.

 

[Danny]

Just been made official according to fat Dan.

Dan Rafael ‏@danrafaelespn
Done deal: Signed contracts are in for the Peterson-Holt junior welterweight title bout on Feb. 22 on ESPN'2 "Friday Night Fights.

Holt is only getting $12,500? Are there any add ons that go with that? Is that all he gets?

Shaw did say that both fighters would obviously be getting more than that. I suspect he's gonna wanna look after his own fight more than paying him $12.5k for a title fight.

 

[Thomas!!]

The guy is a roid cheat. He should count himself lucky that he is still fighting, holds a 'world title' and is earning cash. It is a ridiculous situation though. In any other sport there would have been no tolerance if a sportsman was found to have Test pellets, even with a 'legit' doctors note.