80?70-80% Canelo
20-30% lil g
80?70-80% Canelo
20-30% lil g
Off of the base purse, he received a 64/36 split....but he also agreed to fight at 155 which Canelo probably tossed him a few extra stacks for doing so.
lil g isn't, so they might end up going to purse bid where he will get 10-20% due to purse bids always go 80/20, 90/10 in favor of the Champion
Purse bids are always 80/20, 90/10 splits in favor of the Champion.
If Canelo doesn't sign to face him, it will go to purse bid, where Canelo will receive at LEAST 80% of the entire pot to fight lil g at 160.
Basically, either lil g is gonna get a nice payday by agreeing to 155 OR he's gonna get killed at the negotiating table and bring home barely more than he made against Lemieux
Chess...not checkers.
i never cared to know this part of the sport but i guess its time to educate myself on it.Purse bids are always 80/20, 90/10 splits in favor of the Champion.
If Canelo doesn't sign to face him, it will go to purse bid, where Canelo will receive at LEAST 80% of the entire pot to fight lil g at 160.
Basically, either lil g is gonna get a nice payday by agreeing to 155 OR he's gonna get killed at the negotiating table and bring home barely more than he made against Lemieux
Chess...not checkers.
i never cared to know this part of the sport but i guess its time to educate myself on it.
so if canelo doesnt sign the wbc will come in and negotiate for both parties? both 160 and the champ gets the bigger cut?
if canelo is serious about 160 then he gets the big split either way..... unless he says look hear ,i can get u a bigger cut but the fight needs to be at 155Yes.
- Canelo and Golovkin will have 30 days to reach & sign a contract to fight next.
- If a contract is NOT signed by both parties and returned to the WBC within 30 days, a purse bid will be ordered.
- A purse bid means that any promotional company can bid on the fight, and the highest bidder will receive the "rights" to the fight.
- A purse bid also means that the WBC Champion (since they are fighting for the WBC Championship) and his team gets anywhere from 80%-90% of the bid that was offered, and the challenger gets 10-20% split at max.
So basically, we're gonna end up seeing how bad lil g REALLY wants the WBC Championship, or if he just wants to fight Canelo for the $$$
If he just want the WBC Championship, he will receive his wish of the fight at the full 160 limit, and he will receive 10-20% of the pot
If he just wants to fight Canelo, he will agree to the fight at 155 and probably receive anywhere between 30-40% of the pot
Choice will be his
@GzUp Im sorry...I said 30 days. It looks like WBC is only giving them 15 days to figure it out themselves before they institute a purse bid:
I think from my memory the WBC's mandate is a 70/30 purse bid in favor of the champion and if it goes to purse bid there is no weight negotiation, it would be 160. Plus the winner of the purse bid gets to pick location.Yes.
- Canelo and Golovkin will have 30 days to reach & sign a contract to fight next.
- If a contract is NOT signed by both parties and returned to the WBC within 30 days, a purse bid will be ordered.
- A purse bid means that any promotional company can bid on the fight, and the highest bidder will receive the "rights" to the fight.
- A purse bid also means that the WBC Champion (since they are fighting for the WBC Championship) and his team gets anywhere from 80%-90% of the bid that was offered, and the challenger gets 10-20% split at max.
So basically, we're gonna end up seeing how bad lil g REALLY wants the WBC Championship, or if he just wants to fight Canelo for the $$$
If he just want the WBC Championship, he will receive his wish of the fight at the full 160 limit, and he will receive 10-20% of the pot
If he just wants to fight Canelo, he will agree to the fight at 155 and probably receive anywhere between 30-40% of the pot
Choice will be his
but their main stars were/are cocolos y morenos..A cac sport in which fakkits wrestle each other