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December 12th, 2009 | by Press Release
Lou DiBella did something boxing promoters never do: sacrifice money in the name of a good conscience. DiBella did just that when he dropped Jermain Taylor from DiBella Entertainment after Taylor’s knockout loss to Arthur Abraham. With scheduled fight against Andre Ward in April, DiBella felt the risk far outweighed the reward.
DiBella’s media statement is as followed:
“I have just been informed though numerous press reports that Jermain Taylor has elected to continue his participation in The Super Six: World Boxing Classic tournament, and will face Andre Ward in April,” DiBella said in a statement. “It is with a heavy heart, but strong conviction, that I will recues myself and DiBella Entertainment as Jermain’s promoter.”
“Jermain’s career has been outstanding, and it has been a pleasure and honor to promote him. His victories against Bernard Hopkins remain the highlights of my career as a promoter. Jermain is not only a great fighter but a good and decent man with a wonderful family. It is out of genuine concern for him and his family that I am compelled to make this decision.
“I informed him, as I do all my contracted fighters, that my goal was to help his secure financial stability for his family, maximize his potential, and leave our unforgiving sport with his health intact.
“It is my belief that the continuation of Jermain’s career as an active fighter places him at unnecessary risk. While he is undoubtedly capable of prevailing in future bouts, I cannot, in conscience, remain involved given my assessment of such risk.
“I wish Jermain all the best in his future endeavors. All of us at DiBella Entertainment hold Jermain close to our hearts and consider him and his family part of our family. We wish him Godspeed and continued health.”
This entry was posted on Saturday, December 12th, 2009 at 7:18 PM.
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January 22nd, 2010 at 6:06 PM
THirdly, NO TAXES on payments in Japan. That’s HUGE. Compared to what, a good 35-40% pay cut for the UFC salaries (in the upper brackets). If anything, QJ would take advantage of the tax nullment, and go ahead and go to K-1 before going to the UFC. Even K-1 would pay more than the UFC.