DONAIRE?S IBF BELT IS ON THE WAY
By Ronnie Nathanielsz
PhilBoxing.com
Thu, 18 Oct 2012
WBC Diamond Belt and WBO super bantamweight/junior featherweight champion Nonito ?The Filipino Flash? Donaire?s IBF belt which he should have received after winning the title from Jeffrey Mathebula last July in Carson City, California, is on the way.
When Donaire decided to relinquish his IBF title claiming he didn?t wish to pay the sanction fee amounting to $42,000 for the title fight against Japan?s Toshiaki Nishioka last October 13 and mentioned that he hadn?t received his IBF belt, we contacted IBF Championship Committee chairman Lindsey Tucker about it.
Tucker told the Manila Standard that Donaire ?did not receive his IBF Championship Belt because Top Rank did not pay for the Belt until Aug. 24. A week later we sent an E-Mail to Top Rank asking them where do they want the IBF to send the Belt. Since then we sent at least one other E-Mail requesting an address to ship the Belt to. The IBF E-Mailed Top Rank again this morning and they told us where to ship the Belt. It will go out this morning. That is why Donaire never got his Belt. ?
Regarding the sanction fee mentioned by Donaire, Tucker said ?the amount that we got was $750,000.00. 3% of that is $22,500.00. That was his purse amount. Plus, because we want everyone who fights for our Title to join the IBF Retirement Plan, Donaire was charged 2% of his purse or $15,000.00.?
The IBF executive told us that Donaire ?is already in our Retirement Plan because he fought for our Flyweight Title and defended it at least once. The total deductions were $37,500.00, not $ 42,000.00.?
At the same time Tucker indicated ?I don't know what the WBO charges but I think it's 3%. I'm willing to bet the WBC sanction fees were 3% or higher. He didn't have a problem paying those fees.?
Click here to view a list of other articles written by Ronnie Nathanielsz.
Recent PhilBoxing.com In-House articles:
A Seat at the Table of Antonio Lopez Aldeguer: A Reminiscence
By Emmanuel Rivera, RRT, Fri, 25 Apr 2025LA Clippers Rout Denver, 117-83 But Detroit, Memphis Fall Short
By Teodoro Medina Reynoso, Fri, 25 Apr 2025Filipino David Ray Sarmiento finishes 2nd in Germany chess tilt
By Marlon Bernardino, Fri, 25 Apr 2025Verano stops Sohsit of Thailand in Clash of Nations
By Lito delos Reyes, Fri, 25 Apr 2025Land of the Rising Star: WBO Welter Champ Brian Norman Jr. Defends Crown June 19 Against Jin Sasaki in Tokyo; Araneta vs Simsri for IBF Title in Co-Feature
Fri, 25 Apr 2025Filipino trainer scores big win
By Lito delos Reyes, Fri, 25 Apr 2025Abalos, Reyes, Manalo to grace billiardfest on May 4
By Marlon Bernardino, Fri, 25 Apr 2025EUBANK JR VS. BENN + UNDERCARD FINAL PRESS CONFERENCE QUOTES
Fri, 25 Apr 2025June 21: Jahi Tucker-Lorenzo Simpson Middleweight Grudge Match Added to Vito Mielnicki Jr.- Kamil Gardzielik Card at Prudential Center LIVE on ESPN+
Fri, 25 Apr 2025SALITA PROMOTIONS ADDS TWO MORE ELITE WORLD CHAMPIONS TO STAR-STUDDED ROSTER
Fri, 25 Apr 2025Toro Promotions, Inc. Flexing its Heavyweight Muscles Around the boxing world
Fri, 25 Apr 2025Unbeaten pro boxer Anthony Velasquez Building his brand promoting this Saturday’s Main event fight at home in Springfield, Mass.
Fri, 25 Apr 2025Disturbing, Eyebrow-Raising Happenings Involving Prominent Filipino Fighters (Part 2)
By Teodoro Medina Reynoso, Thu, 24 Apr 2025The Monster Arrives: Naoya Inoue Is Back in America!
Thu, 24 Apr 2025Prayers for Jonathan
By Joaquin Henson, Thu, 24 Apr 2025