Arum rejects $3-million offer for Donaire


Posted at Jan 30 2013 03:11 PM | Updated as of Jan 31 2013 05:13 PM

MANILA, Philippines – Top Rank chief executive Bob Arum dismissed Golden Boy Promotions’ $3-million offer for the services of world super bantamweight champion Nonito “The Filipino Flash” Donaire in a fight against Mexico’s Abner Mares.

Golden Boy released to the public a contract for a potential champion vs champion clash between Donaire and Mares, scheduled for April 13.

RingTV’s Lem Satterfield reported that the contract was sent to Top Rank lawyer David Marroso and was also received by Donaire’s manager, Cameron Dunkin. 

But Arum rejected Golden Boy’s 13-page contract, telling Satterfield that it is a “bulls--- offer.”

“The lawyers are handling it. There is no possible way because we have a commitment to HBO. We’re going ahead with that commitment on April 13 on HBO,” Arum said.

“After that, we’ll revisit the situation. So he (Donaire) is going to fight on April 13, and he’s going to fight either (Guillermo) Rigondeaux or (Vic) Darchinyan,” he added. “Period. End of story.”

Golden Boy had proposed that a Donaire-Mares fight be held “on a date no later than June 30, 2013 at a location in the United States.”

But Donaire has said he does not want to fight in June or July to focus on his wife, who is pregnant with the couple’s first child.

Donaire tweeted on Wednesday that he never saw a copy of the contract, and only read it when Boxing Scene posted the document on their website.

“From what I’m hearing, there is really no proper venue, no proper date, no later than this, no later than that. That’s not good enough,” Donaire told RingTV.

“I said that I would want Mares first if Golden Boy is willing to work with us. Abner Mares is the priority among all of those guys, if they can make it happen, and they can make it legitimate,” he added.

“As of now, from what I’m hearing, there is no set contract as to all of that stuff.”

Donaire is now likely to fight Rigondeaux, the WBA super bantamweight champion and a fellow Top Rank fighter, on April 13.