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Deal in place for Ortiz-Ustinov heavyweight clash
- Updated: May 10, 2016
7:43 PM ET
Interim heavyweight titleholder Luis “King Kong” Ortiz and mandatory challenger Alexander Ustinov have come to terms and will meet on a date to be determined in August or September, Golden Boy Promotions vice president Eric Gomez told ESPN.com on Tuesday.
“We have a deal in place with (Ustinov promoter) Frank Warren,” Gomez said. “We have an agreement in principle but nothing is signed. We are going to contract this week and we will notify the WBA that we have a deal.”
The WBA had ordered a purse bid – minimum offer $600,000 with Ortiz entitled to 60 percent and Ustinov 40 percent — to take place on May 19 at its headquarters in Panama. But the promoters were able to make a deal, which means the bid will be canceled once the organization is formally notified.
Golden Boy had hoped that it could have made a deal with Warren in time to have had the bout take place last Saturday night on the Canelo Alvarez-Amir Khan pay-per-view undercard in Las Vegas …
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