Regis Prograis fumes after combat purse test bounces, promoter responds

Regis Prograis stopped Jose Zepeda within the eleventh spherical final Saturday to win the vacant WBC junior welterweight title. The win, which was his fourth in a row, helped put ‘Rougarou’ totally again on observe following his lone professional loss — to Josh Taylor — in 2019.

Nevertheless, Prograis’ happiness at including a brand new belt to his assortment has been tamped down considerably resulting from a problem he’s dealing with along with his purse.

Yesterday the 33-year-old took to Twitter to say that the $1.2 million test he was given by the combat’s promoter bounced at a Los Angeles space financial institution.

Kevin Iole at yahoo!sports activities studies that since then, a banking error has been claimed as being chargeable for Prograis not getting paid. Iole additionally studies that Prograis has now acquired 50% of his $1,251,082.64 purse and that he scheduled to obtain the opposite 50% right this moment.

MarvNation was the official promoter for Prograis vs. Zepeda; which passed off in Los Angeles County, CA. Nevertheless, that firm’s successful $2.4 million bid for the combat was funded by promotion firm Legendz. Legendz funded MarvNation on this occasion as a result of it doesn’t have a promoter’s license in California.

California State Athletic Fee government director Andy Foster advised Iole that, previous to the combat, Legendz had equipped proof that it had “greater than sufficient” cash to cowl the fighters’ purses.

Roger Ruiz, a founding accomplice at Legendz, has claimed that the one cause Prograis didn’t get his cash instantly is as a result of the test was written from a brand new checking account at a Wells Fargo department in Downey, CA.

Ruiz mentioned that, as a result of the checking account was lately arrange, the financial institution put a maintain on funds when it observed that giant sums of cash had been being deposited and withdrawn from the account.

“We opened the account, I don’t know, within the final month, and there wasn’t a lot happening with it and within the final week, there was lots of exercise out and in of the account,” Ruiz mentioned. “They noticed a lot cash hastily out and in of the account that they determined to place a maintain on and Regis actually is the one one who didn’t receives a commission [on time].”

Prograis vs. Zepeda did roughly 20,000 pay-per-view buys on Saturday evening. It’s believed that the occasion drew a crowd of 4,302 individuals on the Dignity Well being Sports activities Park.