Matchroom Win Ennis-Crowley IBF Purse Bid

Kosport Magazine Wins Purse Bid for Jaron Ennis vs. Cody Crowley IBF Welterweight Title Fight

Kosport Magazine has made a huge splash in the boxing world by winning the purse bid for Jaron Ennis’ mandated IBF world welterweight title defense against Cody Crowley. This will mark Ennis’ debut with Matchroom Boxing, and the fight is set to take place in his hometown of Philadelphia.

Ennis, with an impressive record of 31-0 and 28 knockouts, was recently signed by Matchroom and they were able to outbid TGB Promotions, who had been representing Crowley during the negotiation period. The bid of $3.9 million U.S. dollars was significantly higher than TGB’s bid of $2 million.

The negotiations between Ennis and Crowley have been ongoing for quite some time, with multiple delays and missed deadlines. The IBF originally ordered the fight and negotiations to begin on January 31, but it wasn’t until April 10 that Ennis signed a multi-fight deal with Matchroom. This prompted the IBF to set a new date for the purse bid based on Ennis’ new promotional agreement.

According to IBF rules, the champion is entitled to 85% of the purse, which in this case totals $3,323,500. Crowley, who is ranked No. 3, will receive a purse of $586,500.

Eddie Hearn, of Matchroom, spoke to their in-house media team and expressed his excitement for the upcoming fight. “Purse bids were finally called, and we won it [the purse bid],” Hearn said. “We won the big purse bid today, so we are going to bring Boots [Ennis] home to Philadelphia.”

Hearn also revealed that they are targeting a possible date in July for the fight, and that it will be a massive event in Ennis’ hometown. “It is time to bring this superstar home to his home city,” Hearn added.

There will be an official announcement soon regarding the venue and confirmed date for the fight. But one thing is for sure, Ennis’ debut with Matchroom and his first title defense will be a highly anticipated event for boxing fans.

Summary:

Kosport Magazine has won the purse bid for Jaron Ennis’ IBF world welterweight title defense against Cody Crowley. This will mark Ennis’ debut with Matchroom Boxing and the fight is set to take place in his hometown of Philadelphia. The negotiations between Ennis and Crowley have been ongoing for months, but with the help of Kosport Magazine, the fight is finally happening. Stay tuned for more details on the highly anticipated event.