Ring Magazine's Lem Satterfield is reporting that talks between the camps of IBF Junior Welterweight champion Lamont Peterson and mandatory challenger and former world champ Zab Judah have reached a critical stage. The IBF has given the camps until Tuesday, October 2 at noon to come to terms for a title bout or the bout will go to a purse bid.
"We gave them the initial 30 days to negotiate, and they claimed that
they couldn't get it done. So we gave them an additional week, and then
they came back last night and asked for some more time, but we told them
'no.' So the purse bid letter went out today," IBF Championships Chairman Lindsay Tucker told Satterfield.
Peterson's manager and trainer Barry Hunter tells the Ring that if the bout happens, it could take place in DC in November at either the DC Armory or the Washington Convention Center. Hunter said that the delay in finalizing the deal could because Judah recently had a death in the family.
"I hope that all is well with Zab and his family during his time of
grieving, and, hopefully, once he is beyond that, then we can get on
with our business," said Hunter, who is dealing directly with the Judah Family.
"But I'm not trying to rush the man during this difficult time. It's
just that, unfortunately, we're under a time frame within which to get
this thing done. That's where we're at."