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They did exactly what the sport of boxing wanted them to do.
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Well, I see your point, but only half agree. The "sport of boxing" is fading in revenue and popularity because of exactly this type of thing. So it does no good to the sport of boxing when we get decisions like this. It pushes the sport further and further from public interest. The sport doesn't want this, nobody IN the sport wants this; the promoters do. Why? Because they don't care about boxing...they care about money. And since there is no one there to regulate them, they are going to keep doing what they're doing. And since there are only a few successfull promoters to speak of, and since who fights who is up to the promoters (not the fighters records in the ring), and since the judges want the promoters to like them, this will never end.
Promoters should be promoters, nothing more. They should advertise their fighter. Their power needs to be stripped and the fighters' records in the ring need to be the defining criteria behind who fights who. There are no "promoters" in any other sport, other than advertising companies, and I don't see Pepsi or Budwieser able to sway who wins the superbowl or the Stanley Cup.
I don't call this corrupt. I call it incompetent. Promoters running the sport is like an employee of a company telling his boss what to do. And the boss doing whatever the employee says, regardless of how bad it is for the company.