Boxing

Teofimo Lopez And Top Rank Reach Agreement On Restructured Contract

Unified lightweight champion Teofimo Lopez has agreed to a restructured contract with Top Rank Promotions ahead of his fight with George Kambosos Jr. next Saturday night. 

The Athletic’s Mike Coppinger was the first to report the news of the renewed partnership between Lopez and promoter Bob Arum’s company. The parties nearly had a falling out after Triller won the purse bid to promote Lopez’s matchup with Kambosos Jr. with a whopping $6 million offer, where Top Rank only bid a reported $2.31 million for the bout.

Lopez’s base pay will be raised from the $1.25 million minimum he was making previously and have the opportunity for pay-per-view bouts now on ESPN+. The new amended deal will run until November 2023 with Lopez targeting an October 2 return date to the ESPN platforms if he defeats Kambosos Jr on June 19. WBC lightweight champion Devin Haney is expected to be the target opponent for Lopez’s return fight to Top Rank in October.

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