Lightweight champion Teofimo Lopez and Top Rank Promotions are back on good terms.
Lopez and Top Rank have agreed to a restructured contract, sources confirmed to ESPN’s Cameron Wolfe.
In the new agreement, Lopez will have his minimum purses raised from the previous amount of $1.25 million and will have the opportunity for pay-per-view bouts on ESPN+, a source confirmed. The information was first reported by The Athletic.
The deal comes on the heels of an acrimonious negotiation for Lopez’s upcoming title defense against George Kambosos on June 19. Top Rank and Lopez failed to come to an agreement on his salary for that fight and the bout went to a purse bid. Triller, an upstart streaming service, easily won the rights with a $6 million bid, with Lopez getting around $3.9 million.
Lopez (16-0, 12 KOs) is making his first title defense since beating Vasiliy Lomachenko last year to win three of the four major belts in the 135-pound division. Kambosos (19-0, 10 KOs) is the IBF’s mandatory challenger for its version of the title.
The 23-year-old Lopez is also looking for a major opponent on Oct. 2 if he successfully defends his titles, sources confirmed to ESPN. Devin Haney (26-0, 15 KOs), the WBC lightweight champion, has repeatedly expressed his desire to face Lopez. In a Twitter post issued Saturday, Top Rank matchmaker Bruce Trampler said Lopez also wants that fight but Haney has “contractual issues to resolve.”