If an agreement cannot be reached by the respective promoters by next week, WBO light heavyweight champion Sergey Kovalev and mandatory contender Anthony Yarde will be headed to purse bid to determine the date and purses of their fight. The WBO announced today it will hold a purse bid at 11 AM on April 8t at its headquarters in San Juan, Puerto Rico. The minimum bid for the fight will be US$300,000 to be split according to WBO Rules, likely 80% in favor of Koavlev's side. In their last fights, Kovalev (33-3-1) regained the title by defeating Elieder Alvarez, while the still-untested Yarde improved to 18-0 by stopping Travis Reeves.