Boxing News

Purse bid details on Arreola-Stiverne

By Boxing Bob Newman

The purse bid for the mandatory slot of the WBC in the heavyweight division was held this past weekend in Las Vegas at the Bellagio Hotel and Casino, site of the WBC/Hublot retirement fund auction. The winning bid was by Don King Promotions with a bid of $1,100,000. King doubled the next highest bidder Goossen Tudor Promotions who bid $550,000, followed by Golden Boy Promotions ($512,000) and Top Marquee ($132,000).

King promotes Bermane “B. Ware” Stiverne, while Goossen promotes Chris “Nightmare” Arreola, who will go at it to see who gets to face WBC champ Vitali Klitschko. A site and date will soon be announced.

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