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February 14, 2017

NO QUALIFYING BIDS FOR WBA "CHAMPIONSHIP" FIGHT

The WBA announced that on Monday, February 13th, a purse bid for the proposed WBA regular heavyweight championship fight between Shannon Briggs and Fres Oquendo took place, but not a single qualifying bid was submitted. The WBA has already sanctioned Anthony Joshua and Wladimir Klitschko's April fight for its super championship, but the sanctioning body apparently can't resist creating a secondary paper title.  However, the WBA's $1 million minimum bid for heavyweight title fights was not met, so there will be a second purse bid on February 23rd.

At the WBA headquarters, located in Panama City, only Henry Rivalta, from The Heavyweight Factory, was present on behalf of Briggs.  Rivalta submitted a bid of $400,000. However, according to the Rules of the World Boxing Association, in Appendix E, the minimum amount to participate in a heavyweight category bid is one million dollars. Therefore, Aurelio Fiengo, WBA Directory Member and director of the purse bid, adhering to the rules of the body, declared the process invalid. For this reason, the Championships Committee of the organization called for a second purse bid for February 23rd, 2017. It will be held at the offices of the WBA, located in Panama City, Panama. Thus, the parties involved in the process were notified.

The Championships Committee called Briggs and Oquendo to negotiate a fight on January 2nd. [You would think tey would agree to $200,000 each, but apparently they think the fight is worth more than that to someone]. The maximum term to reach the agreement was 30 days, and since they did not, the WBA called for purse bids.



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