By Gabriel F. Cordero
On Friday in Panama City, the WBA Championship Committee announced the decision on the title bout WBA featherweight champion Celestino “Pelenchin” Caballero and mandatory challenger Miguel Garcia. After reviewing all the arguments and contracts, the WBA still sees opportunities to solve the problems and granted additional time to Sampson Boxing to promote the fight before September 7, 2012, under the following guidelines: Sampson has ten days to send new contracts, setting date and place, which must be approved by both fighters. The contracts must be returned to the WBA within the seven days following their respective signatures. If any of the boxers do not sign the contract, they will lose their recognition as (champion or mandatory challenger) in the WBA rankings.
The Caballero-Garcia fight came to purse bid on May 3 in Miami and was won by Sampson Boxing with a bid of $440,000. Between May 23 and 24 May, both fighters returned signed contracts and the fight was originally planned for July 28. However when the fight date was pushed back to September 7, the new date was rejected by the Caballero camp.