Epic Sports & Entertainment outbids Hearn for Whyte vs Pulev

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Epic Sports & Entertainment, a New York-based company that’s new to the boxing business, submitted the winning offer of $1,500,111 during a purse bid at the IBF’s headquarters in Springfield, New Jersey. The company, with which longtime boxing attorney John Wirt is involved, easily surpassed the offers submitted by Eddie Hearn’s Matchroom Boxing (Whyte) and Team Sauerland (Pulev).

Hearn bid $831,111. Team Sauerland bid $801,305.

https://www.boxingscene.com/whyte-pulev-surprise-bidder-beats-hearn-sauerland-rights--128465
 
So a company that doesn’t represent either fighter won the rights to hold the fight?

Is there any precedent for this? Seems very weird to me.
 
What’s with the $111 on the end of two of the bids?
 
CatchnShoot said:
So a company that doesn’t represent either fighter won the rights to hold the fight?

Is there any precedent for this? Seems very weird to me.
Click to expand...
Lol I thought the same thing , this company money laundering?
 
Really surprised Hearn didn't offer more money, with how much he has been throwing around, offering fighters. Plus he has talked Whyte up quite a bit, then offers him a shit payday? lol
 
Is Epic the same as Epix?

Because Epix is also in New York and has a $50 million boxing budget per year
 
cottagecheesefan said:
Really surprised Hearn didn't offer more money, with how much he has been throwing around, offering fighters. Plus he has talked Whyte up quite a bit, then offers him a shit payday? lol
Click to expand...

Whyte is guaranteed a certain purse by Hearn anyway. And it’s more than the 25% of the purse bid.
 
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