Dibella wins Derevyanchenko – Johnson purse bid

DiBella Entertainment has won the purse bid to stage the IBF Middleweight elimination bout, according to Dan Rafael of espn.com.

DiBella Entertainment, which co-promotes Sergiy Derevyanchenko, won a purse bid for the eliminator between 160-pound contenders Derevyanchenko and Tureano Johnson. Alex Dombroff, promoter Lou DiBella’s attorney, bid $121,100.02 at the purse bid at IBF headquarters in Springfield, New Jersey, to gain promotional control of the bout.

Golden Boy Promotions, which represents Johnson, was the only other bidder and offered $62,000.