Amir Khan: Golden Boy Offers Lamont Peterson $1 Million Rematch with Khan

Amir Khan (26-2, 18 KO) wants his two titles back, and his promoter Golden Boy is putting up a $1 million offer to Lamont Peterson (30-1, 15 KO) for a rematch on May 19 at the L.A. Staples Center.

According to Ring Magazine, CEO of Golden Boy Richard Schaefer had this to say about the offer:

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"Nevertheless, we started immediately with the negotiations with Peterson's manager, because we were led to believe that Barry Hunter wanted the rematch. We want to get that done, and so we made them an offer of seven figures, and you know, now we'll see if they will agree to a rematch."

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Khan was the WBA and IBF junior welterweight (140 lbs) world champion until he met mandatory challenger Peterson December 10 in Peterson's hometown of Washington, D.C.

Peterson defeated Khan by split decision, with a deduction of two points from Khan for pushing being the deciding factor. Khan and Schaefer have expressed outrage and demand the Washington D.C. Boxing and Wrestling Commission review the fight.

Schaefer had this to say about his request to have the decision against Khan overturned:

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"I think that it was another one of those unfortunate circumstances where you had poor officiating. I think that the District of Columbia should do the right thing and overturn the decision. We have asked the IBF and the WBA to do the same, or, at worst, order an immediate rematch. Where there is smoke, there is fire, and I think that you can say here that Rome is burning. It's clearly more than enough reason to overturn the decision."

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Peterson, meanwhile, will have a decision to make as to whether he wants the rematch with Khan or another offer. Peterson made a career-high payday fighting Khan for $650,000 in their first match.

That offer came after turning down offers of $300,000 and lower earlier in the year. Now that Peterson has improved to $1 million, he may be tempted to jump or be patient enough to wait it out like before.

Khan wants his titles and his revenge, but unless the D.C. Commission, IBF or WBA say differently, Khan's fate is entirely in Peterson's hands.

My Two Cents

Timothy Bradley (28-0, 12 KO) gave Peterson his only loss and Bob Arum (Bradley's promoter) wants Bradley to get the biggest match possible.

How about pitting Peterson against Bradley in a rematch? Arum has the funds to counter Golden Boy's offer. Peterson's team can go to Arum and ask what they're willing to put up.

Peterson's a free agent and can listen to offers from anyone. Also, Bradley's guaranteed a spot on the next Manny Pacquiao undercard. That's major exposure as well as big money.

It's not a guarantee that Arum will offer Peterson more money, but it's definitely worth investing. Peterson has no obligation to Khan and should do what makes the most sense.