Vacant WBO Featherweight Championship Contest – Purse Bid Notice – Shakur Stevenson vs. Joet Gonzalez

WORLD BOXING ORGANIZATION

Luis Batista Salas, Esq.
Chairman
WBO Championship Committee

TO: ALL BONA FIDE PROMOTERS
FROM: LUIS BATISTA SALAS, ESQ.
DATE: SATURDAY, SEPTEMBER 14TH 2019
RE: VACANT WBO FEATHERWEIGHT CHAMPIONSHIP TITLE CONTEST  SHAKUR STEVENSON VS. JOET GONZALEZ

As per Section 11 through 14 of the WBO Regulations for World Championship Contests (www.wboboxing.com) and as per promoter’s request, please be advised a Purse Bid will be held at 9:15 a.m. (PST) on Saturday, September 14th 2019, at the following venue: MGM Grand Las Vegas Hotel 3799 Las Vegas, Blvd, Las Vegas, NV 89109, United States of America Telephone: +1 (877) 880-0880 E-Mail: infonews@wboboxing.com

The minimum acceptable bid for the World Featherweight Division is $150,000.00 US Dollars.
In accordance with the WBO Championship Rules & Regulations, the President, Francisco Valcárcel, Esq. will preside over the Purse Bid.

Any additional information, please visit our website at www.wboboxing.com or contact the WBO main office.

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WORLD BOXING ORGANIZATION

Luis Batista Salas, Esq.
Chairman
WBO Championship Committee

September 5th 2019

VIA EMAIL: Mr. Bob Arum Top Rank Promotions Team Stevenson – Mr. Eric Gomez Golden Boy Promotions Team Gonzalez

Re: Vacant WBO Featherweight Championship Title Contest Shakur Stevenson vs. Joet Gonzalez

Gentlemen:
As per Section 11 through 14 of the enclosed copy of the WBO Regulations of World Championship Contests (www.wboboxing.com), please be advised that a Purse Bid will be held at 9:15 a.m. (PST) on Saturday, September 14th, 2019, at the following venue:

MGM Grand Hotel & Casino
Lobby Area
3799 S Las Vegas Blvd.
Las Vegas, NV 89109
Telephone: +1 (877) 880-0880
E-mail: infonews@wboboxing.com

Pursuant with our WBO Regulations of World Championship Contests on Purse Bid procedures, be advised on the following:

The minimum acceptable bid for the WBO Featherweight Division is $150,000.00 (One Hundred Fifty Thousand Dollars).

WBO President Francisco Valcárcel, Esq., will preside purse bid proceedings.

Kindly note the following provisions:
1. If any of the WBO Contenders suffers an injury and depending on the type of injury and the needed recovery time, or refuses to fight or is unavailable to participate, the WBO World Championship Committee will determine and select the next available contender in accordance with the WBO and ABC Ratings Criteria, and issue any further ruling accordingly.
2. Signed contracts shall be filed with the WBO Offices within five (5) days from the adjudication of the Purse Bid.
3. Bout shall be held no later than ninety (90) days nor earlier than forty-five (45) days from the adjudication of the bid.
4. For purposes of the applicable Purse Bid rules, the State which each contender is a resident will be considered and enforced accordingly.
5. The Purse for WBO Championship Contests held and completed pursuant to Purse Bid procedures shall be distributed as follows:

SECTION 13. DIVISION OF PURSE FOR CHAMPIONSHIPS HELD PURSUANT TO PURSE BID

(2) VACANT CHAMPIONSHIPS OR ELIMINATORY FIGHT

(A) In fights for a Vacant Title or Eliminatory Fights (except in the case where one of the contestants is a Super Champion in which case the Super Champion provision for purse bid division shall apply) the distribution is as follows:

(B) If the fight is held in the country of origin, residence or nationality of one of the contenders, the resident contestant shall receive 40% and his opponent shall receive 60% of the total purse offered.

(C) If the fight is held in a neutral place or if the contenders are from the same country of origin, residence or nationality, in such a way that neither have an advantage over the other, the purse shall be divided in equal parts between the contenders. USA Residents shall consider of the same country of residence, regardless of which State they reside for Purse Bid purposes.

Yours truly,

Luis Batista Salas, Esq.

Cc: Francisco Valcárcel, Esq./President
Carl Moretti/Top Rank Promotions