Valuev-Chagaev to purse bid!

The World Championships Committee of the World Boxing Association has called for an April 13th purse bid for a heavyweight championship fight between WBA champion Nicolay Valuev and champion in recess Ruslan Chagaev. Minimum bid is $1 milllion. The purse disbursement will be 55% for Ruslan Chagaev and 45% for Nicolay Valuev. The bidding will take place at 6PM at the at European Boxing Association office in Vitoria, Spain, and be directed by Bartolome Torralba.