Purse set for Casimero title defense under Probellum

John Riel Casimero Guillermo Rigondeaxu

John Riel Casimero —AFP

MANILA, Philippines—WBO World bantamweight champion John Riel Casimero is set to pocket upwards of $75,000 in his next defense against mandatory challenger Paul Butler, according to a report from BoxingScene.com.

Upstart promotional outfit Probellum won the bid hearing held by WBO held Friday with the company’s submission of $105,000, $5,000 higher than the minimum $100,000 requirement, becoming the lone entry into the process.

Probellum aims to hold Casimero’s title defense on December 11 in either Dubai, United Arab Emirates or Liverpool, England.

Casimero (31-4), as the champion, is entitled to 75 percent of the purse guaranteeing him a total of $78,750 while Butler (33-2) will pocket the remaining share or $26,250 as the mandatory challenger.

WBO held the bidding after TGB Promotions’ Tom Brown, who is representing Casimero, and MTK Global’s…

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