Earlier today, the IBF held a purse bid at its New Jersey offices for the mandatory junior welterweight championship fight between current champion Lamont Peterson and No. 1 contender Zab Judah.
Andre Johnson, the official spokesperson for Headbangers Promotions, informed Bleacher Report that Headbangers Promotions won the purse bid.
According to fightnews.com, the winning purse bid was $50,000. The purse is to be split 75/25 between champion and challenger, but they should fight for substantially more money when all is said and done
Headbangers is looking to stage the fight in Peterson’s native Washington, D.C., and both the Walter E. Washington Convention Center and the D.C. Armory are possible venues for the proposed fight, according to Johnson.
The two parties have 15 days to come to an agreement and submit signed contracts to the IBF. The fight must be staged in the next 90 days or Jan. 2. If they are unable to come to an agreement in the allotted amount of time of 15 days, the fight will go to a second purse bid if an extension is not filed with the IBF.
As of this time, there is no date or TV broadcaster set, but Johnson says they should have that ironed out in the coming days.
HBO and Showtime could be options, but Johnson would not elaborate on what networks, if any, they have spoken to at this point.
Bleacher Report will have more on this story as the information becomes available.
Michael Walters is a Featured Columnist for Bleacher Report. Unless otherwise noted, all quotes were obtained firsthand.