WBO President Paco Valcarcel informed RingTV.com on Sunday morning that a bid of $3.135 million by promoter Ulf Steinforth in Budapest has earned him the right to promote a third bout between WBO super middleweight titleholder Robert Stieglitz and Arthur Abraha on March 1 in Germany.
Stieglitz, who will get 75 percent of the bid, and Abraham, who will receive 25 percent, have split bouts.
The promoter of Stieglitz (46-3, 26 knockouts), Steinforth out-bid the more than $1.5 million offered by Sauerland Events, which handles (38-4, 28 KOs).
Stieglitz, 32, was dethroned by Abraham (38-4, 28 KOs) following a unanimous decision in August of 2012 but gained he revenge following a fourth-round stoppage victory in March.
Stieglitz will be in pursuit of his third straight defense of his title, having vanquished Yuzo Kiyota by 10th-round stoppage in July, and Isaac Ekpo by unanimous decision in October.
Since falling to Stieglitz, Abraham, 33, has won two straight fights, as has Stieglitz since facing Abraham.
Lem Satterfield can be reached at email@example.com