Top Rank’s Bob Arum has said his fighter Teofimo Lopez’s confrontation with George Kambosos Jr. “is not a major fight.”
Unified lightweight champion Lopez will have to face his mandatory IBF challenger, Kambosos, after 27-year-old Australian Lee Selby won last October.
Lopez made a big splash in the division when he defeated Vasiliy Lomachenko the same month, claiming IBF, WBC, WBA and WBO franchise titles.
Both the American and Kambosos did not reach an agreement, which means that the fight will go to a stock exchange, although López has three and a half years left on his contract with Arum.
Speaking to Barbershop Conversations, Arum confirmed that his organization has made an offer.
“It’s Tuesday and we present our offer,” he said.
“We hope to win the bid and be able to do Teofimo with Kambosos at Madison Square Garden in June if we are successful with the bid, and we hope that happens.
“But we have to be financially responsible and we can only offer what makes sense to everyone.
“When we get full transactions with viewers, if we get pay-per-view and closed-circuit revenue, which no one has been able to do, I see that we are back to normal slowly but surely as we enter spring and summer. “.
Perhaps not surprisingly, Arum suggested it would be a mistake for competitor, teammate and occasional teammate Eddie Hearn to make a big offer on behalf of Matchroom.
“We have a contract with Teofimo for three and a half years. Therefore, if Hearn bets on the fight, it is punctual for him because Teofimo wins the fight “, he said.
“So let’s say Eddie puts money into the fight by putting Teofimo and Kambosos, which isn’t a major fight, what he’s getting, because Teofimo is back on ESPN if Eddie wins the bag if Eddie makes an offer.
“If Eddie, for example, had a fight with one of his fighters who was hired by Matchroom, and we bid, it would be the same.
“It would be kind of silly because we would make the bag and get the fight, but where would we go? You always have to think about how you build it.”
Arum even claimed that a fight with Lopez would not be a big deal.
“Teofimo is not a free agent, why would Eddie want to present the fight? And it’s not a major fight. Let’s be honest about it,” he said.
“Kambosos is a good boy and will give a good performance, but, again, it is a 25 to 1 fight.
“Our job is to program for ESPN and we wouldn’t make any offers for one of Eddie’s fighters because what are we building?”