Caribe Promotions won the purse bid for the right to promote the WBA Cruiserweight title bout between Beibut Shumenov and Yunier Dorticos, according to Dan Rafael of espn.com.
Caribe Promotions won a purse bid Monday at WBA headquarters in Panama City, Panama, to gain promotional rights to the bout. Caribe, which promotes Dorticos, bid $350,001 to beat the bid of $201,000 offered by Tom Brown’s TGB Promotions, which represents Shumenov.
Although the date and site of the bout are not yet set, Caribe Promotions proposed dates and sites as part of its offer. They are Feb. 4 in Houston or Las Vegas or Feb. 11 in Miami. The fight must take place within 90 days of the purse bid.