Big prize money in boxing World Cup

2012-10-06 19:34

Fighters could win up to R4 million in much-hyped global tournament.

The African Boxing Union (ABU), Emperors Palace and Golden Gloves Promotions have embarked on an ambitious plan that will see fighters winning up to R4 million.

In a move to resuscitate what has been dubbed a “dying sport”, the three entities have come up with big plans for a prestigious boxing tournament that will start in February.

The Mexico-based World Boxing Council (WBC) is organising and will supervise the tournament.

A first of its kind in the history of professional boxing, continental federation champions from all 17 divisions will be involved.

Part of the statement announcing the event reads: “The WBC World Cup will have a total of 96 participants, boxers from all the countries in the 12 teams.”

The tournament will consist of four stages per division and winners will stand a chance to pocket up to R4 million. Prize monies will vary from the lower divisions up to heavyweight.

Even losers will not go home empty-handed, as contenders defeated in the first round will get about R172 000.

Golden Gloves’ publicist, former world champion Brian Mitchell, said: “Our good relationship with the WBC earned us the privilege to host the tournament starting on February 16.”

The winner between Thabiso Mchunu and Dannie Venter in the Super 8 cruiserweight final on November 10 will represent Africa in the event.

Mitchell said: “The World Cup will take the sport to another level. It’s a good platform to revolutionise boxing.”

American broadcaster Fox Television holds the rights to globally broadcast the tournament live.

Other countries that will host events include China, England, Poland and Russia.

Financially struggling ex-boxers will also benefit from the money generated by the event.

WBC president José Sulaimán was quoted on as saying: “Besides being a platform and spotlight for boxing, 100% of the revenues will go to funds to help retired boxers who have come upon hard times.”

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