Boxing
TKO Group Partners with Saudis to create a up-to-date boxing promotion
Published
2 years agoon
Turki Alalshikh, chairman of the general entertainment authority of Saudi Arabia, announced on Wednesday the creation of a up-to-date boxing promotion along with the TKO – a conglomerate covering UFC and WWE – with the management of the management anchored by the President of UFC Dana White and President WWE Nick Khan.
Although the name of the up-to-date undertaking was not disclosed, the promotion announced a plan to organize the first boxing event in 2026 and includes “a highly structured system of developing up-to-date talents from around the world, including athletes and academies.”
Boxers will have access to the latest UFC Institute, with locations in Las Vegas, Mexico City and Shanghai. And it will be the TKO production and media team that will cope with experience and transmission around the world.
“This breakthrough partnership between industry powers is preparing a scene for an incomparable impression for boxers and fans,” said Alalshikh. “Together, we develop the next generation of talents and provide world -class events while sport is a foundation for further interference.”
The up-to-date undertaking is the latest of the huge expenses of Saudi Arabia on global sports led by Prince Mohammed Bin Salman.
Alalshikh and Sela, a subsidiary on the Saudi Arabia Investment Fund, exhibit the best boxing events since October 2023 with Tyson Fury-Francis Ngannou. He avoided typical boxing channels with the fights of fights put on his riyads seasonal cards, which take place mainly in the capital of Saudi Arabia, but also in Los Angeles and London.
He bought a ring in November – a boxing publication that debuted in 1922 – and will organize his first card under this banner on May 2 on Times Square with the stars of Ryan Garcia, Devin Haney and Teofimo Lopez in separate duels.
Alalshikh organized several thunderous programs, including a few fury-onoxandr Usyk and Dmitriry Bivol-Artur Beterbiew Showdown with various promoters.
Today it means a up-to-date chapter in boxing history. I am excited about this wonderful partnership with those that I think is the best for this sport. Together we will raise it to up-to-date heights. ❤️🥊 pic.twitter.com/UUXHPDYFFY
– Turki Alalshikh (@Turki_ALSHIKH) March 5, 2025
And these programs will continue. But soon he will launch his boxing league with White and Khan, two titans of combat sports. Alalshikh, White and Khan were respectively 1, 2 and 3, in the September ranking of the most influential characters in the fighting game.
“I wouldn’t be where I’m without boxing today,” said White the Ring. “Sport in boxing is a place where I started. I felt it was something that could never be fixed as long as it was [Alalshikh] appeared. He did more for boxing than any promoter in the history of sport together.
“He has invested more money, more energy and more passion in this sport than literally.
Alalshikh said that he and White “have the same vision and I trust this league in a tiny time, he would crush everything.”
White has long professed his desire to enter the boxing space. Unlike the UFC, which White built in an empire worth many billion dollars, which dominates in mixed martial arts, the box is broken up with four masters in each of the 17 weight classes.
And with a broken character of sport, which includes various competing promoters, the most obvious, best duels often slip out of fans.
“Everyone knows the format: the best fight,” said White, who joined the UFC in 2001. “You introduce the road up the rankings, and when someone breaks into the top five, there is no doubt who is the best five guys in the world in every weight class and are fighting.
“And then, when someone holds this belt, you don’t need three letters in front of the belt [a reference to boxing’s four sanctioning bodies]. Whoever has this belt is the best in this weight class. “
Khan will also play a key role in the success of the league. Before joining WWE in 2020, Khan was a competitive of television at the Imaginative Artists Agency agency, where he represented many of the best broadcasting talents and negotiated Megadeals for media rights for SEC, top -class boxing and WWE.
WWE enjoyed record revenues and profitability under the leadership of Khan. He managed the Global Expansion of WWE, devouring government subsidies to live premium events, which were previously focused on the United States.
Khan also played a key role in navigation in the WWE fusion from UFC to create a TKO group, where he sits on the board. Before Khan became an agent, he managed Hall of Fame Boxers Manny Pacquiao and James Toney.
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Boxing
Dana White Rejects November 28 Date for Shakur vs. Haney Fight
Published
2 hours agoon
October 13, 2026
Dana White quickly shut down rumors about Shakur Stevenson meeting Devin Haney on November 28 in Atlanta. Anyone expecting an immediate fight reveal took a hit after White addressed the situation following the Contender Series. When reporters pressed him on the proposed Thanksgiving weekend date, he gave them very little to work with.
“If it was, I would have announced it,” White stated.
He declined to offer negotiation details, nor did he float an alternate calendar slot. That curt statement keeps November 28 unverified. It does not kill the pairing entirely, but it proves the business side remains unresolved.
Social media bargaining created the illusion that promotional machinery was already rolling. Both boxers publicly settled on 145 pounds on X, leading casual observers to believe the hard part had passed. Settling on an informal weight limit in a comment section does not trigger an official press tour. Online back-and-forth gives followers plenty to debate, yet neither fighter has booked travel, hired sparring partners, or officially launched camp.
The real snag centers directly on purse demands. Ring insider Mike Coppinger pointed to the financial friction on social media, posting, “Money mostly but I believe it will get done.”
Optimism does not print tickets or satisfy broadcast partners. Bill Haney openly vented his irritation over the sudden silence from the Stevenson camp, posting, “Bro nem quiet as church mouse’s again…”
That frustration is easy to understand. Transparent negotiations inflate public expectations in a hurry. When one camp goes completely silent immediately after a public concession, momentum disappears. Talks look completely stalled from the outside, even if promoters continue working behind closed doors.
Nobody following the modern boxing business should feel surprised by this drag. Arguing online generates massive engagement metrics, yet back-and-forth posts cannot finalize multi-million-dollar agreements. Network commitments, venue guarantees, and revenue splits require formal paperwork that takes weeks to navigate.
White essentially yanked the conversation back to reality. Observers have a target weight, an opponent, a venue city. What everyone still lacks is a legally binding contract. Until both camps resolve guaranteed purses, this matchup exists strictly as an internet discussion rather than a genuine event.

About the author
Boxing 24/7 Wire
Boxing247.com is an independent boxing news publication covering the sport since 2001. It provides original reporting, fight analysis, schedules, results, and informed coverage of major fighters and events worldwide, backed by more than 25 years of professional boxing journalism.
Boxing
Saudi Boxing: The Urgent Need to Reduce Prize Money for Sustainable Growth
Published
8 hours agoon
October 13, 2026
Spencer Brown sees a noticeable shift coming to Saudi boxing. Tyson Fury’s manager expects the massive purses to shrink, with fewer mega cards happening each year even though the Kingdom plans to stick around. From his perspective, the current spending pace simply cannot hold, creating a whole new reality for fighters across the sport.
“I think that the money has to go down because nobody can keep paying that sort of money,” Brown told The Ariel Helwani Show.
He made sure to dismiss rumors that Saudi investment is drying up completely. Instead, he sees Riyadh scaling back the volume of blockbuster events.
He pointed to Fury’s December 11 meeting with Anthony Joshua in Cardiff, a deal he helped put together, calling it one of the final spectacles of its kind. Moving forward, he predicts fans will see just one or two events of that size annually. While speaking as a dealmaker rather than an official spokesperson for Riyadh Season, his perspective carries genuine weight.
“I think this is one of the last of the big fights we’re going to see. I think you might get one or two big fights a year in future,” Brown said about the Fury vs. Anthony Joshua clash.
The real trouble will be convincing boxers to accept smaller checks again. Once a fighter pockets Saudi riches, traditional offers funded by gate receipts or pay-per-view sales feel like an insult. A matchup can make all the sense in the world on paper, yet stall out completely if someone insists on another monster payday.
That dynamic could trigger prolonged layoffs. Fighters risk sitting around, holding out hope for an invitation to the rare marquee card. Veterans near the end of their careers do not have time to waste on the sidelines, but the temptation of holding out for life-changing money remains strong.
A market cool-down could ultimately force promoters to build fights around realistic budgets again. For that model to succeed, fighters who want to stay active will have to adjust their financial expectations accordingly.
Fighters who grew accustomed to eight-figure guarantees for low-demand, mismatched events are going to hit a wall of stubborn inactivity before reality sets in.
Human nature and boxing economics suggest the immediate reaction won’t be humility. It will be entitlement.
When a boxer makes $10 million to $20 million fighting an unheralded opponent in an atmosphere with minimal gate pressure, that number ceases to be a windfall in their mind. It becomes their baseline. Returning to a traditional promotional model where their guarantee is tied directly to pay-per-view buys and ticket sales in London, New York, or Las Vegas feels like a drastic demotion.
The fallout is likely to split fighters into distinct groups:
First come the holdouts. The biggest names with heavy bank accounts will sit on the sidelines, convinced that their manager or promoter simply isn’t trying hard enough, or that Riyadh will eventually circle back when a headline slot opens.
They will post training clips on social media, call out other stars, demand absurd splits, and reject viable market-rate offers. Some will sit out twelve to eighteen months before grasping that the sovereign wealth subsidy has actually contracted. For aging stars, this wait will quietly run out their athletic primes.
Second comes the rude awakening for mid-tier names. Fighters who received inflated purses simply to fill out stacked undercards will discover that traditional promoters have zero appetite to subsidize them. If a fighter does not shift tickets in their home market or drive subscriptions, domestic promoters cannot afford them at Saudi rates.
These fighters will face a blunt ultimatum: accept pay cuts of 60 to 75 percent, or retire. Those who need money to maintain luxury spending habits will swallow their pride, sign realistic contracts, and return to competitive, grinding fights where they actually have to take risks.
Ultimately, the market correction will be painful. Boxing spent years living in an artificial economy where risk and commercial return were completely divorced. Once the spigot tightens, the fighters who want to stay relevant will have no choice but to get back in the gym and fight each other on realistic budgets, while the ones chasing long-gone purses will simply wait themselves into irrelevance.

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Boxing News 24 Desk
BoxingNews24.com has delivered independent boxing coverage since 2007, including original news, fight analysis, schedules, and results. Our experienced boxing writers cover major fighters and events worldwide, with published content reviewed by editors for accuracy.
Boxing
Canelo Alvarez Reveals Top 5 Best Fighters in the World | Boxing News 2023
Published
10 hours agoon
October 13, 2026
Having previously been considered as the pound-for-pound king, Canelo Alvarez is on a quest to prove that he remains amongst the elite, and the four-division world champion has revealed his top five active pound-for-pound fighters.
Many fight fans considered Canelo to be the pound-for-pound number one between 2019 and 2022, as he continued his long unbeaten streak since a 2013 loss to Floyd Mayweather and progressed through the weight divisions.
In November 2019, Alvarez dethroned WBO light-heavyweight world champion Sergey Kovalev to claim world honours in a fourth division, before moving back down to super-middleweight and capturing all four 168lb titles in an 11-month spell to become boxing’s first undisputed super-middleweight champion.
Canelo has since suffered defeats to both Dmitry Bivol and Terence Crawford and the 36-year-old now finds himself without a belt, but he is set for a world title challenge at the end of the month, when he heads to Saudi Arabia and attempts to dethrone Christian Mbilli.
Speaking to DAZN Boxingahead of that title bid, Canelo revealed his current top five boxers in the sport, noticeably opting not to include himself.
“My top five pound-for-pound fighters are [Oleksandr] Usyk, [Naoya] Inoue, Bivol, Shakur [Stevenson] and Gervonta [Davis].”
Canelo’s selections may come as no surprise, with Usyk and Inoue viewed as the top two fighters on most people’s pound-for-pound lists.
Bivol currently holds three of the four world titles at light heavyweight, making the next defence of those belts against Callum Smith in December, while Stevenson looks poised for a showdown with Devin Haney later this year.
As for Davis, he may be the surprise inclusion in Canelo’s list, with ‘Tank’ having not competed since March 2025 when he was held to a controversial draw with Lamont Roach.
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