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HBO CANCELS FEB 9 DIAZ-KATSIDIS DATE
PhilBoxing.com
Sun, 16 Dec 2007
Sources close to the situation have reported that HBO has scrapped the Feb. 9, 2008 date previously calendared for Juan Diaz vs Michael Katsidis. This came about as Don King Promotions had sent letters to HBO and organizers of the said bout about DKP's promotional hold of Diaz's next bout.
The source further added that Joan Guzman had been offered to fight Katsidis on Feb 9 instead but Guzman refused saying that Feb 9 was too close for him to prepare for the bout. Guzman had reportedly balooned to 160 lbs barely a month after demolishing Humberto Soto in Atlantic City. This is the third time Guzman refused to face Katsidis for one reason or another.
Golden Boy Promotions won the purse bid for the Diaz-Katsidis bout for $1.5M and both Diaz and Katsidis had reportedly signed the contract until Don King laid claim for the exclusive right to promote Diaz's next bout that jeopardize the Feb. 9 event.
So despite pronouncements by Diaz's manager, Willie Savannah, to the contrary, the Feb. 9 Diaz-Katsidis fight is dead.
In further development, the source added that HBO had calendared March 8, 2008 for Diaz-Katsidis, to give all parties -- Don King Promotions, Golden Boy Promotions, the Diaz and Katsidis camps -- time to talk and make the fight happen.
Willie Savannah had been at odds with Don King and Savannah had openly stated that they are not going to renew King's contract with Diaz which ends on March 31 next year. King, meanwhile, had been using of what remains of his contract with Diaz to either extend, negotiate or make more money out of it. King had reportedly asked for $2M to let Diaz go free.
There were talks that Golden Boy might just dig into its deep pockets to make Don King happy.
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