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Purse Bid
A purse bid is an initial step in arranging a professional boxing match, involving the fight's/card's promoter(s). All interested registered promoters may bid on the amount of the purse (the total money that the fighters will be paid for the match), if the sides representing each fighter fail to agree on it before the deadline. The highest offer wins; however, the winning entity must produce a small percentage of the total amount up-front by a certain date. The purse in a purse bid is split between the fighters according to the preset formulas of the sanctioning commissions.http://wbcboxing.com/downloads/WBCRulesandRegulationsamendedandapproved13Dec2011.pdf Purse bids are often won by one of the two fighters' promoters. For championship belt fights under a given sanctioning body (WBC, WBA, WBO, IBF, etc), the two fighters' (champion and challenger) promoters/managers usually get together to establish an agreement for how much each side will receive. In situations where the two ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boxing
Boxing (also known as "Western boxing" or "pugilism") is a combat sport in which two people, usually wearing protective gloves and other protective equipment such as hand wraps and mouthguards, throw punches at each other for a predetermined amount of time in a boxing ring. Although the term "boxing" is commonly attributed to "western boxing", in which only the fists are involved, boxing has developed in various ways in different geographical areas and cultures. In global terms, boxing is a set of combat sports focused on striking, in which two opponents face each other in a fight using at least their fists, and possibly involving other actions such as kicks, elbow strikes, Knee (strike), knee strikes, and headbutts, depending on the rules. Some of the forms of the modern sport are western boxing, Bare-knuckle boxing, bare knuckle boxing, kickboxing, Muay Thai, muay-thai, lethwei, savate, and Sanda (sport), sanda. Boxing techniques have been incorporated into many martial ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Promoter (entertainment)
A promoter works with event production and entertainment industries to promote their productions, including in music and sports. Promoters are individuals or organizations engaged in the business of marketing and promoting live, or pay-per-view and similar, events, such as music concerts, gigs, nightclub performances and raves; sports events; and festival A festival is an event ordinarily celebrated by a community and centering on some characteristic aspect or aspects of that community and its religion or cultures. It is often marked as a local or national holiday, mela, or eid. A festival c ...s. Description Business model Promoters are typically engaged as independent contractors or representative companies by entertainment venues, earning a pre-arranged fee, or a share of revenues (colloquially known as a "cut" and "share of the house"), or both. A share of revenues is often a simple percentage of admission fees (called "the door") and/or food and drink sales, wi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bidding
Bidding is an offer (often competitive) to set a price tag by an individual or business for a product or service ''or'' a demand that something be done. Bidding is used to determine the cost or value of something. Bidding can be performed by a person under influence of a product or service based on the context of the situation. In the context of auctions, stock exchange, or real estate, the price offer a business or individual is willing to pay is called a bid. In the context of corporate or government procurement initiatives, in Business and Law school students actively bid for high demand elective courses that have a maximum seat capacity though a course bidding process using pre allocated bidding points or e-bidding currency on course bidding systems. The price offer a business or individual is willing to sell is also called a bid. The term "bidding" is also used when placing a bet in card games. Bidding is used by various economic niches for determining the demand and hen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Boxing Organization
The World Boxing Organization (WBO) is an organization which sanctions professional boxing bouts. It is recognized by the International Boxing Hall of Fame (IBHOF) as one of the four major world championship groups, alongside the World Boxing Association (WBA), World Boxing Council (WBC), and International Boxing Federation (IBF). The WBO's headquarters are located in San Juan, Puerto Rico. History The WBO started after a group of Puerto Rican and Dominican businessmen broke out of the WBA's 1988 annual convention in Isla Margarita, Venezuela over disputes regarding what rules should be applied. The WBO's first president was Ramon Pina Acevedo of the Dominican Republic. Soon after its beginning, the WBO was staging world championship bouts around the globe. Its first championship fight was for its vacant super middleweight title, between Thomas Hearns and James Kinchen; Hearns won by decision. In order to gain respectability, the WBO next elected former world light heavyw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mandatory Challenger
In professional boxing and some other combat sports, a mandatory challenger is an opponent whom a champion must either fight or be forced to vacate their title as champion. A mandatory defence is the opposite of a voluntary defence, where the champion may fight an opponent who might offer greater revenue potential than a mandatory challenger. Mandatory challengers are designated by the champion's sanctioning body; in boxing, the major sanctioning bodies are the WBA, WBC, IBF and WBO. The sanctioning bodies often order eliminators between top-ranked contenders to decide who will receive the mandatory challenger status. If the champion vacates the belt, the mandatory challenger is paired against another challenger for the vacant belt. Due to boxing politics, the champion of one sanctioning body is excluded from the rankings of rival sanctioning bodies, so unification fights cannot be mandatory defences. Conversely, mandatory challengers may be forced to wait for a title shot if the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boxing
Boxing (also known as "Western boxing" or "pugilism") is a combat sport in which two people, usually wearing protective gloves and other protective equipment such as hand wraps and mouthguards, throw punches at each other for a predetermined amount of time in a boxing ring. Although the term "boxing" is commonly attributed to "western boxing", in which only the fists are involved, boxing has developed in various ways in different geographical areas and cultures. In global terms, boxing is a set of combat sports focused on striking, in which two opponents face each other in a fight using at least their fists, and possibly involving other actions such as kicks, elbow strikes, Knee (strike), knee strikes, and headbutts, depending on the rules. Some of the forms of the modern sport are western boxing, Bare-knuckle boxing, bare knuckle boxing, kickboxing, Muay Thai, muay-thai, lethwei, savate, and Sanda (sport), sanda. Boxing techniques have been incorporated into many martial ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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