The World Boxing Association has notified WBA cruiserweight champion Beibut Shumenov and WBA Interim cruiserweight title-holder Yunier Dorticos, as well as their representatives, that Caribe Promotions has lost its rights to promote the WBA mandated Shumenov vs. Dorticos title fight.
Dorticos’ promoter, Caribe Promotions, originally won the Shumenov vs. Dorticos title fight rights last November with a winning purse bid of $350,001, which required a fight date within 90 days. Although rumored to be held in mid-February in either Miami or Las Vegas, Caribe’s ability and willingness to actually promote the fight came into question in January, 2017.
The WBA demanded that Caribe confirm its intentions and even granted Caribe additional time to respond, but Caribe failed to file confirmation of a fight date with the WBA. Because Caribe was unable to confirm its intentions, the WBA had little choice but to award rights to the second-highest purse bidder, Tom Brown’s TGB Promotions.
"I last fought May 21st and I have been in the gym since June because I was supposed to fight Lebedev in September," said a frustrated Shumenov. "But he backed out of the fight with me once again and I have been ready to fight since then. I signed a bout agreement to fight Dorticos on February 11th in Miami, but Dorticos and his promoter disappeared after I signed. They’re full of it; all they do is talk. I can’t wait to knock him out. I am waiting on my manager to call me right now to tell me the new fight date with TGB."
Caribe Promotions has been forced to also forfeit its $35,000 purse bid deposit with 10-percent off the top going to the WBA and remainder ($31,500) distributed to Shumenov and Dorticos, respectively, on a 75-25 percent basis due to its failure to promote the fight.
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January 30, 2017