Beterbiev-Barrera purse bid taking place
- Updated: September 26, 2015
A purse bid will take place next week on October 5 for the IBF light heavyweight elimination fight between Artur Beterbiev (9-0, 9 KOs) and Sullivan Barrera (16-0, 11 KOs).
According to the IBF, the minimum bid is set at $100,000, with guaranteed 75-percent of the purse bid to Barrera’s 25-percent, which is determined by Beterbiev’s higher ranking and having previously won an IBF eliminator.
“It is somewhat deceiving that we have to go to the purse bid,” said Beterbiev’s promoter, GYM president Yvon Michel, who wasn’t too thrilled to about the news. “According to Barrera’s promoter (Kathy Duva, Main Events), he cannot enter Canada. Should GYM win the purse bid and then Barrera is unable to fight in Canada, we will have to start the process all over again.”
“We intend to win the purse bid and give Artur a fight in Quebec, in November, regardless of the opponent,” Michel added.