Teofimo Lopez vs George Kambosos Jr fights over wallet payouts

After many failed negotiations, Teofimo Lopez finally got a worthy opponent to defend his WBA (Super), IBF, WBO and The Ring lightweight titles. He will fight against George Kambosos Jr on November 27, 2021 at the Hulu Theater in New York City.

However, the pair were previously scheduled to play on June 19 in Miami. But the game was canceled when Lopez tested positive for Covid-19. They then tried to pick an August date, but an attempt was unsuccessful as finding a new location was difficult due to Covid-19 restrictions. After much negotiation and trying, the date was finally fixed on November 27th.

In her final bout, Lopez retained her IBF lightweight title while winning other titles from two-time Ukrainian Olympic champion Vasiliy Lomachenko. However, Lomachenko wanted a rematch but failed. Furthermore, American lightweight Devin Haney and Kambosos Jr also want to fight Teofimo Lopez.

The highest ratings came to the situation to settle the fight between Lopez and Kambosos Jr, but they offered $1.25 million to Lopez. But, he disagreed with that and as a result the fight came to a screeching halt. The Triller won the bid for $6 million. However, Triller changed the match date several times and the IBF found Triller failed to fulfill his contractual obligations. Therefore, the right to host the match was awarded to the second highest bidder.

Eddie Hearn’s Matchroom auctions $3.506 million and they’re going to host the match. So, how much will the fighter earn from this match? Let’s get acquainted.

Wallet Teofimo Lopez vs George Kambosos Jr

Teofimo Lopez and George Kambosos Jr.

Teofimo Lopez and George Kambosos Jr. poses during the press conference for Triller Fight Club at Mercedes-Benz Stadium on April 16, 2021 in Atlanta, Georgia prior to the lightweight title fight on June 5. (Photo by Al Bello / Getty Images for Triller)

Because Triller defaulted, they forfeited their $1.25 million deposit and this money will be divided among the fighters. Lopez will get 75% and Kambosos Jr will get 25%. So get $0.9375 million and Kambosos Jr will get $0.3125 million. However, payments from Matchroom are not included here.

According to sources, Teofimo Lopez is expected to receive $1.25 million from Matchroom while George Kambosos Jr could earn $166k. This bonus amount may increase as more offers become available.

The payment we mentioned is not the final payment as other offers will be added later.

However, these payments do not include any deductions for certain classified items such as permits, insurance, and taxes. In addition, the PPV reduction is also not calculated here. Furthermore, sponsors and other incentive payments will be added after the event ends. Due to this, gladiators will earn more which we will update according to the organizer’s disclosure form.

Note: This post has been compiled from various news sources and authors believed to be reliable. As soon as the final payment is revealed, we will update the data.

https://www.sportszion.com/teofimo-lopez-vs-george-kambosos-jr-fight-purse-payouts-salaries/ Teofimo Lopez vs George Kambosos Jr fights over wallet payouts

Charles Jones

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