Top Rank won the rights to promote the WBO Welterweight title bout between champion Devin Haney and mandatory challenger Keyshawn Davis.
There were only two bidders, Top Rank, which was represented by longtime PR guy Gardy Lopez and Teofimo Lopez Takeover Promotions, which was represented by Milton Lacroix.
Takeover submitted a bid of $2.55 Million. That was dwarfed by Top Rank’s $8.55 Million submission. Top Rank proposed an October 3rd date at either Brooklyn’s Barclays Center, Atlanta’s State Farm Arena or the Michelob Ultra Arena inside the Mandalay Bay in Las Vegas.
Haney is entitled to 75% ($6.412,500) while Davis would receive 25% ($2,137,500) if agreed to.
Lacroix challenged the the Top Rank envelope was not sealed and WBO President Gustavo Olivieri said he would look into the matter.