Fightnews.com's Robert Hoffman is reporting that Bob Arum's Top Rank, Inc. has won the purse bid for the WBC heavyweight title fight between champion Vitali Klitschko and interim WBC champ Hasim Rahman.
Top Rank submitted a bid of $12.1 million dollars, outbidding Don King Productions who submitted a bid of $11 million.
There will be a 65/35 split with Klitschko making $7.5 million and Rahman $4.6 million. The bout must take place by December 31. The United States and Germany are possible sites.
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