Showtime Sports Events (SSE) today announced that all negotiations for WBA Welterweight World Champion Paulie Malignaggi to defend his crown against interim Champion, Argentina’s Diego Chaves, at their inaugural event at Zayed Sports City, in Abu Dhabi, United Arab Emirates on May 18th have been terminated.
The Showtime team first entered negotiations with Malignaggi in January, with the intention that Brooklyn, USA based Malignaggi would face Tijuana, Mexico’s Humberto Soto, however the following day the WBA ordered Malignaggi to face mandatory challenger Chaves.
The SSE team agreed to a switch of opponent and immediately made a substantial offer to Diego Chaves’ management.
However, while Malignaggi was firmly on board in January, it was not until February 14, some three days after the deadline set by SSE for acceptance of the offer, that the Argentinian’s promoter, Osvaldo Rivero, actually began negotiations.
With the clock ticking, SSE’s matchmaker, Olaf Schroeder, and lawyer, T...