By Ronnie Nathanielsz
The World Boxing Organization whose president Franncisco Valcarcel presided over the purse bid for the WBO super flyweight title fight between champion Fernando Montiel of Mexico and No. 1 mandatory challenger and OPBF champion Z "The Dream" Gorres of the Philippines has sent Viva Sports/Manila Standard Today and rundown of the proceedings which ended in a win by the Gorres camp.
In an interesting twist both Golden Boy Promotions and its adviser and international matchmaker Sampson Lewkowicz who represented well known Cebu promoter Sammy Gello-ani made bids along with Top Rank Promotions represented by Peter Rivera. Among the others present at the event held at the WBO headquarters in San Juan, Puerto Rico were Don King Productions Coylette James and PR Best Boxing Promotions Ivan Rivera.
The WBO president stated for the record that Golden Boy Promotions , representing the champion Montiel had sent their bid envelopes. Valcarcel opened the envelope and read Golden Boy’s letter thus initiating the purse bid. The first envelope was opened which showed that it had made the $1,000 purse bid deposit. When asked by the WBO president who was representing Gorres, Lewkowicz presented a letter from Gello-ani of SGG Promotions authorizing Lewkowicz to represent him and submitting the required $1,000 deposit followed by Rivera of Top Rank who did the same thing.
The WBO president then stated that for the record all three were bona fide promoters and that each party had to provide a second envelope, including a written proposal indicating the total purse offered to the champion and the challenger, three proposed sites for the title fight and the proposed date which had to be between 45 to 90 days from the bidding. The bidders were also required to submit a Purse Bond in the form of a cashier’s check, certified check or bank money order payable to the WBO or cash equivalent to ten percent of the total purse bid. The Purse Bond of the successful bidder was to be retained by the WBO to secure the champion, challenger and the WBO in the event that the successful bidder fails to promote the title fight without just cause.
When Golden Boy’s second envelope was opened it contained $10,000 representing the purse bid offer of $100,000 with the venue being the MGM Grand in Las Vegas and the proposed date February 10, 2007. Lewkowicz then submitted his second envelope containing the purse bid of $126,000 and a check for $12,600 with the proposed site being the Araneta Coliseum and the date February 17, 2007.
Top Rank’s bid was $125,500 with the fight date of either January 19, February 2 or February 16 and the proposed location US, Puerto Rico or the Philippines.
President Valcarcel congratulated Lewkowicz and thanked all participants in the purse bid which ended at 11:25 a.m. An elated Gello-ani who was in Florida for the upcoming battle of emerging ring sensation Rey "Boom Boom" Bautista against Braziliansuper bantamweight champion Giovanni Andrade was elated when he got the news that he had won the bid. Gello-ani said it was "a great day for Philippine boxing."