The excruciatingly long negotiations between IBF/IBO/WBA/WBC middleweight Gennady “GGG” Golovkin (36-0, 33 KOs) and WBA ‘regular’ middleweight champion Daniel “Miracle Man” Jacobs (32-1, 29 KOs) are still dragging on after three long months. However, there’s an end in sight for the negotiations, as the World Boxing Association’s 7-day deadline for the completion of the negotiations is ending this Wednesday, December 7.
If Golovkin and Jacobs’ management haven’t completed the negotiations by that point, then the fight will go to a purse bid. Golovkin’s promoter Tom Loeffler believes that he can get the negotiations completed with Jacobs’ manager Al Haymon before the deadline. With just one day to go, it remains to be seen if that’s possible.
“I’m still in contact with Al and hopefully we can still work out a deal,” Loeffler said to RingTV.com. “The WBA has set a deadline now, so we’ll see how that works out. But Al hasn’t called for a purse bid. We’re still in contact.”
Loeffler might not be able to complete the negotiations by tomorrow. The fight will then go to a purse bid. The promoter making the winning bid will be the one that will be in charge of the promotion. It’s thought by some in the boxing world that Haymon or Showtime will win the bid. The Golovkin-Jacobs fight could then be televised on Showtime. Golovkin is with HBO, so there would be a potential conflict.
That doesn’t mean that Golovkin wouldn’t still take the fight with Jacobs, because he might just do that. But there would also be a chance that Golovkin would vacate his WBA title, and move on. It would be up to the WBA what they want to do at that point. They could elevate Jacobs to WBA ‘Super champion’ for the middleweight division or they could order him to fight the next available contender, which in this case is #1 WBA Alfonso Blanco. That would be a winnable fight for Jacobs.
It would be a lose-lose situation for the WBA though, considering that Golovkin is a highly popular fighter. The WBA would have Jacobs as their new ‘Super champion’ without the same kind of interest in the boxing world as was previously given to Golovkin. In hindsight, the WBA probably should have let Golovkin and Jacobs stay in separate lanes so that this kind of thing didn’t happen.
If Golovkin does still face Jacobs in 2017, then it could be moved from March 18 to a later date. That would happen if it goes to a purse bid and Haymon wins it. The fight would likely wind up on pay-per-view.