“Where Is This Money Going To”: Shakur Stevenson ‘Glad’ After Errol Spence Spoke Against Paying Sanctioning Bodies

As the highly anticipated super fight between unified Welterweight champion Errol Spence Jr. and WBO Welterweight champion Terence Crawford approaches, the former has not only exuded confidence in his own abilities but also shown concern for the well-being of fellow fighters and the sport as a whole.

During the press tour for the fight, Spence raised important questions about how the sanctioning bodies handle the funds collected through their fees, prompting discussions about transparency and support for boxers.

Errol Spence Jr voices his opinion on fighter purses

During a press event in New York City, Errol Spence took a moment to address a pressing issue. Taking hold of the microphone, Spence expressed his concerns about the allocation of funds derived from sanctioning fees. He revealed that three percent of fighter purses were being allocated to sanctioning bodies. Moreover, he wondered where the potential millions from the three percent were being allocated.

“We’re giving three percent to these organizations. We gotta know where this money is going to. Man, you got Canelo (Alvarez) and (Anthony) Joshua and all these guys making fifty million dollars, and these belts are getting three percent of that. Where is it going to? How is it helping the fighters out? What are they doing with it?” he said

With the upcoming Spence-Crawford matchup expected to generate substantial revenue, the sanctioning bodies stand to benefit financially. The WBC, for instance, claims that a significant portion of the money they receive from sanctioning fees goes towards employee salaries, funding amateur tournaments, and supporting anti-doping efforts. However, fighters have remained skeptical about the actual utilization of these funds. This includes Lightweight prodigy Shakur Stevenson who came out in support of Spence.

Shakur Stevenson supports Errol Spence’s claims against sanctioning bodies

The lightweight contender shared the video of Spence’s bold claims on his Instagram story. In addition, he was elated that someone had come out and addressed this issue head-on. Despite Spence facing Crawford, who has been a long-time training partner of Stevenson, he did not shy away from supporting a rival.

Read More: Shakur Stevenson Names “The Toughest Most Competitive Person” He Got in The Ring With

“Facts I’m glad somebody said it’” he wrote.

Stevenson’s endorsement adds weight to the growing sentiment among fighters that greater transparency and accountability regarding the allocation of funds collected by sanctioning bodies are needed. Moreover, as the sport continues to evolve, it is crucial to address these financial aspects to ensure the well-being and fair treatment of the athletes who dedicate their lives to boxing.

What did you think about Errol Spence and Shakur Stevenson speaking up against sanctioning bodies? Let us know in the comments.

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