Top Rank’s CEO Bob Arum, who promotes WBO junior welterweight champion Josh Taylor, says a deal is nearly finalized for a November rematch with Jack Catterall.
Back in February, Taylor won a controversial twelve round split decision over Catterall in Glasgow.
Since that bout, when Taylor was the undisputed champion at 140-pounds, the Scottish boxer has vacated the WBC, WBA and IBF world titles – to clear the way for a Catterall rematch. All three sanctioning bodies had ordered him to make mandatory defenses.
“Yes I vacated and I will continue to do whatever it takes to be in a position to make the rematch with Jack Catterall happen,” Taylor told Sky Sports.
“He [Catterall] is with [promotional team] BOXXER now and therefore it should be easy-peasy to make seeing as they work so closely with Top Rank.”
Arum indicates that a deal is nearly complete.
The target right now is to stage the fight on a November date in Scotland.
“I think it’s almost there. My legal staff are handling that and the last report I had was that everybody seems like they’re on board,” Arum said.
“It isn’t signed yet, but I’m reasonably optimistic that the fight will take place. I think the date is the last Saturday in November, the 26th, and I would like to see if we could do it in Scotland, where the last fight occurred. [Josh] Taylor told us he was very disappointed with his performance in that fight, even though he felt he won and I thought he won, but it will be a good rematch as Catterall is a pretty good fighter.”
Arum also indicated that it’s too expensive to be an undisputed champion, as Taylor realized when he paid 12% of his last purse in sanctioning fees.
“Josh sees things a lot like I see them,” Arum said. “It’s wonderful to be a unified champion, but if you’re a unified champion it comes with a lot of baggage. Each of these organizations take three percent out of your purse. Like Josh told me, after his last fight with Catterall – which was a four-belt unification fight – 12 percent of his purse went to his organiations. That’s so ridiculous!
“Whatever the fighter is making, he has to pay his manager, the training camp and then each of these guys three per cent. If he just fights for the WBO title then he’ll only pay three per cent and that’s a lot better, and it won’t turn off even one fan. As far as the fans are concerned it’s the fight, not the belts. It’s okay to go after all the belts and be a unified champion, but once you’re a unified champion, the prudent thing to do is give up three of the belts!”