Lem Satterfield

K2 out-bids Sauerland to promote Wladimir Klitschko-Kubrat Pulev

The handlers of RING heavyweight champion Wladimir Klitschko, K2 Promotions, out-bid Sauerland Promotions, which handles Kubrat Pulev, for the right to promote a September bout between the two.

“K2 Promotions bid $7,250,131.00 and Sauerland bid $5,290,144.00,” stated IBF Championships Chairman Lindsay Tucker in an email to RingTV.com on Tuesday. “K2 has 90 days to put the fight on.”

The 6-foot-6 Klitschko is 62-3 with 52 knockouts and the 6-4 Pulev is 20-0 with 11 stoppages. Tom Loeffler of K2 Promotions said that the purse split will be 80-to-20 percent (or $5,800,104.80 to $1,450,026.20) in favor of Klitschko.

“The fight will be in Germany with the exact details to be announced next week. But it should be in September in Germany,” said Loeffler of Klitschko, who will be making his 17th defense against Pulev.

“We don’t have an exact date but it should be in early September. K2 is excited about the opportunity to promote the fight and we’re looking forward to yet another successful title defense for Wladimir.”

Klitschko was last in action for a fifth-round knockout against Alex Leapai, whom he dropped once in the first round and twice in the fifth. Klitschko also holds the IBF, WBA and WBO titles.

Pulev, 33, was last in the ring for his second consecutive stoppage victory, a third-round knockout of Ivica Perkovic in April.

Pulev won “a box-off that we had and, really, he beat two guys,” said Tucker, in an earlier interview with RingTV.com. “He beat [Alexander] Ustinov…and then he beat Tony Thompson…” in Sept. 2012 and August 2013, respectively.

Around the web