World news – Aussie Boxer becomes an instant millionaire

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The 27-year-old undefeated lightweight star has agreed on terms for his upcoming world title fight with American superstar Teofimo Lopez as part of a $ 7.6 million blockbuster deal that has sent shock waves into the boxing world.

Kambosos has earned by far the biggest payday of its career after emerging streaming platform Triller knocked out all competing bidders, including boxing giants DAZN and Matchroom Boxing, with a monster wallet bid of $ 6.02 million.

The streaming service, which made a dramatic debut last year with the high-profile broadcast of Mike Tyson’s return to boxing against Roy Jones Jr., has signaled itself as the new major player in the boxing world – and Kambosos is the big winner of that news.

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When Kambosos highlighted Lee Selby in a 12-round war through a split judge decision on the blockbuster fight event at Wembley Stadium in October, the Sydney product received a mandatory world title fight for the IBF light belt .

It was the biggest win of his career. But only now is it sinking into how massive this victory was.

The title fight with Lopez, the undefeated lightweight champion who unified the belts at this weight, is scheduled for April 17th, according to boxing guru Dan Rafael.

This would make the fight a co-main event on the Jake Paul versus Ben Askren map, which is to take place in Atlanta. The location of the fight has not yet been confirmed.

The Triller Fight Club invested heavily in the fight – and invested a lot of money, including a $ 4.95 million purse for Lopez and his team. It was enough to see Lopez get pulled away from a longstanding deal with ESPN.

The other bids, $ 3.506 million from Matchroom Boxing and $ 2.315 million from Top Rank (an ESPN employee), were nowhere near the Trill offer.

The bidding process staged by the IBF stipulated that Lopez, as champion, would receive 65 percent of the purse, while Kambosos and his team would receive 35 percent.

Kambosos’ total payday is also greatly reduced by the fees charged by high profile promoter Lou DiBella, who is reportedly set to receive around $ 500,000.

#LopezKamboso’s wallet bid results: Triller wins at $ 6.018 million, Matchroom at $ 3.506 million, top spot at $ 2.315 million. Lopez receives 65% of the winning bid: $ 3,911,700, but minus a 20% cut from TR ($ 782,340). Kambosos receives $ 2,106,300 minus its business with DiBella. Both fighters make the biggest purses by far.

« When something goes in the wallet, the market rules and the market bid here, » DiBella said

« Top Rank made an offer they thought was appropriate and Eddie made a very strong offer on behalf of DAZN and me and under normal circumstances would have received the event. I can only congratulate Ryan and Fight Club. Obviously they intend to I applaud them and I look forward to working with them on this event.  »

Kambosos scored the fight after a 19-0 winning streak, including winning streaks against Selby and Mickey Bey at Madison Square Garden on the Terence Crawford map in December 2019.

His opponent Lopez (23) united the belts of his division with a unanimous win over Vasyl Lomachenko in Las Vegas.

Kambosos, a former sparring partner of legend Manny Pacquiao, knew that after his victory over Selby last year, he was past the big days.

« I told you I would do it. I’m too fast, too strong, too aggressive, too smart, too powerful – everything, » Kambosos told Sky Sports after the win.

« World No. 1, mandatory. Lopez, you know what it is now. Let’s do it Down Under. Two warriors, two lions, let’s go to war. Let’s do it – I want this fight. »

« I’m going to train tonight, I promise you I’ll train tonight because I want this world title. I’m coming. »

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