Title sanctioning fee

Discussion in 'World Boxing Forum' started by cheech, Jun 16, 2011.


  1. cheech

    cheech Well-Known Member Full Member

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    Oct 28, 2007
    Does anybody know how much these belts cost a fighter? Is it a one time fee?


    http://www.fightnews.com/

    IBO 175lb title update


    The International Boxing Organization has reached a verbal sanctioning agreement to fill its light heavyweight championship, which was declared vacant in May after champion Jean Pascal was dethroned by Bernard Hopkins and Hopkins didn’t pay the sanctioning fee. IBO President Ed Levine said the organization “has been engaged in final negotiations with a qualified and highly-respected fighter” in the division and anticipates a deal being finalized soon. A fight to crown a new champion is planned for the fall. “We very much appreciate the volume of inquiries we received during the process,” Levine said, “but we are not accepting further sanction requests at this time for this title.” Due to the confidentiality of the negotiations, a further announcement naming the fighters will not be made until consummation of the agreement.
     
  2. Brickhaus

    Brickhaus Packs the house Full Member

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    5
    Mar 14, 2007
    All of their websites state the fees somewhere. None of them are cheap. All of them cost about $5k just to have the belt made, if nothing else.
     
  3. outslugger

    outslugger The Relentless Stalker Full Member

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    Apr 27, 2011
    I read somewhere that the WBC, WBA, IBF & WBO fees are 3% per fight each