Boxing News

Decision time for Caballero

WBA featherweight world champion Celestino “Pelenchin” Caballero recently issued statements that he would not make his mandatory defense against Nicholas Walters for $90,000, which would be his purse based on a 75/25 split from a $120,000 winning purse bid made by Canelo Promotions.

However, an important source has indicated that Caballero’s promotional contract may have been transferred from Mayweather Promotions to TMT Promotions and word is TMT chief 50 Cent might not be able to produce the lucrative TV dates Caballero was expecting, which leaves “Pelenchin” in a very worrying situation. According to WBA rules, he still has 20 days to take the $90,000 and fight Walters. If he doesn’t sign he would be stripped of the belt.

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