The World Boxing Orgnization, as per Sections 11 through 13 of the WBO Regulations for World Championship Contests, and as ordered by the WBO World Championship Committee, have set down a purse bid for the mandatory fight between WBO junior middleweight champion Jaime Munguia and challenger Dennis Hogan.
The purse bid will be held on Monday, March 4th 2019, at 10:00 a.m. ET at the World Boxing Organization’s headquarter offices in San Juan, Puerto Rico
The minimum Purse Bid amount for the WBO Jr. Middleweight is $200,000 US dollars. In accordance with the WBO Championship Rules & Regulations, WBO President Francisco Valcárcel, Esq. will preside over the purse bid proceedings.
Earlier this month, the WBO gave both sides 30 days to reach an agreement – but apparently they were unable to come to terms and a purse bid was requested by one of the parties.
The sides were in talks to potentially place the bout on the Canelo Alvarez vs. Daniel Jacobs card on May 4th at T-Mobile Arena in Las Vegas.
Munguia (32-0, 26 KOs) fought four times in 2018. He captured the title in May with a demolition of Sadam Ali in four rounds.
He then retained the title with big wins over Liam Smith and Brandon Cook.
Munguia already fought in 2019, when he retained last month and won a tough twelve round unanimous decision over Takeshi Inoue.
He was scheduled to fight again on April 13th at the Arena Monterrey in Mexico. That return was slated to be a voluntary defense before facing Hogan in the fall.
But now it appears that Munguia’s next fight will likely be Hogan.
Hogan (28-1-1, 7 KOs) has won five in a row since losing a twelve round decision to Jack Culcay in December 2015. He saw action twice last year, with two decision wins.