Arum Hits Los Angeles
By Steve Kim (Aug 7, 2008)
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Bob Arum was in Los Angeles on Wednesday to make plans for two of his stalwarts - Antonio Margarito and Manny Pacquiao - for the end of 2008.
He would meet with officials from Dodger Stadium about the possibility of staging an Antonio Margarito fight on November 1st versus newly crowned IBF welterweight titlist Joshua Clottey, who Arum says is medically cleared to fight.
"It's a great facility, they're doing a schematic and we'll take it from there," the veteran promoter would tell Maxboxing. "We have to see the plans, see what it costs, where we put the ring. They have some good ideas. At this point it's preliminary. Later this week I'll get it."
If this card should come off, Arum says, "It would be a pay-per-view event, it's a big card and it would be distributed by us and Showtime."
Sources say the undercard could feature the rematch between Julio Cesar Chavez Jr and Matt Vanda and the likes of WBO featherweight belt-holder Steven Luevano and IBF flyweight titlist Nonito Donaire.
But Margarito, who's still basking in the glow of his victory over Miguel Cotto on July 26th, was also mentioned as a possible opponent for Oscar De La Hoya's supposed swan song on December 6th, along with Manny Pacquiao, by Arum in his meetings with Golden Boy Promotions CEO Richard Schaefer.
"I had very productive meetings with Schaefer. Oscar is coming in next week, Schaefer's going to sit down with him and we'll take it from there," Arum said. "I'm not going to discuss what happened at the meeting except that everything was productive. It was very productive and very businesslike."
Arum still has to talk with Pacquiao, who is currently in Beijing, China, where he will be carrying the Filipino flag at the opening ceremonies for the Olympic Games.
As for the timetable for a decision to be made by Golden Boy, Arum says, "They'll make it next week, no hurry. I can't do anything myself as far as Manny because he's in Beijing. He'll be back on Monday also."
PPV #'s?
When asked how the Margarito-Cotto fight performed on pay-per-view, Arum said while there were no concrete numbers, "It's north of 450,000 and maybe a little south of 500,000."
Considering that Cotto's previous best as a pay-per-view headliner was 360,000 (against Shane Mosley last November) and Margarito had never headlined a major pay-per-view, this has to be considered a success.
"It's a home run, I don't know if it's a grand slam, but it's a home run," said Arum. "It exceeded our expectations and for once it justified the fight. In other words, I knew it was going to be a great fight, the fans realized that and bought it."
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E-Mail Steve: k9kim@maxboxing.com
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