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Wilder files $5 million suit over canceled Povetkin fight

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NEW YORK  — Heavyweight boxer Deontay Wilder and promoter DiBella Entertainment have filed a $5 million lawsuit against Russian Alexander Povetkin and his promoter.

Wilder and DiBella filed suit alleging breach of contract Monday in U.S. District Court of New York. Wilder, the WBC champion, and mandatory challenger Povetkin were scheduled to fight May 21 in Moscow but the fight was postponed indefinitely when the Russian tested positive for Meldonium.

The banned substance is a blood-flow drug that historically was used to improve Soviet soldiers’ endurance.

The suit seeks damages of no less than $5 million and names Povetkin and promoter World of Boxing LLC, run by Andrei Ryabinsky. YahooSports first reported the suit.

Wilder was scheduled to make $4.369 million for the fight. He’ll face Chris Arreola July 16 in Birmingham, Alabama.

In a Twitter post Monday, Ryabinsky said: “There will be several of our lawsuits at the start of next week. It’ll be a real rumble.”

The suit said Povetkin was tested three times in early April, but didn’t test positive for the drug until April 27.

Wilder’s camp became concerned that Povetkin might be doping in late March, calling it “highly suspicious” that Povetkin had traveled to Spain, the suit said. Spain, according to the suit, is not traditionally regarded as a place for boxers to train but “is notorius as an epicent of doping.”

Ryabinsky had earlier predicted the Wilder-Povetkin fight “should take place by the end of the year.” Wilder’s promoter Lou DiBella opposes talk of rescheduling before a WBC ruling.

Tennis star Maria Sharapova is appealing a two-year ban after testing positive for Meldonium.

Manny Pacquiao loses WBO welterweight title on points to Jeff Horn

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BRISBANE, Australia (AP) Manny Pacquiao lost his WBO welterweight world title to Jeff Horn in a stunning, unanimous points decision in a Sunday afternoon bout billed as the Battle of Brisbane in front of more than 50,000 people.

The 11-time world champion entered the fight at Suncorp Stadium as a hot favorite but got more than he bargained for against the 29-year-old former schoolteacher.

Still, Pacquiao dominated the later rounds and the result could have gone his way.

Pacquiao’s long-time trainer Freddie Roach predicted the fight would be short and sweet but Horn – unbeaten in his 17 previous professional fights – applied pressure by winning some of the early rounds and Pacquiao needed treatment during the 6th and 7th rounds for a cut on the top of his head that resulted from a clash of heads.

The judges scored the fight 117-111, 115-113 and 115-113, with Horn immediately calling out Floyd Mayweather Jr., after the fight, declaring himself “no joke.”

Roach had said earlier in the week that he’d think about advising Pacquioa to retire if he lost the fight, but that would depend on how he fought.

Pacquiao’s camp had talked about a rematch with Mayweather if he got past Horn, hoping to avenge his loss on points in the 2015 mega fight. That seems to be a distant chance now.

Pacquiao, who entered the fight with a record of 59-6-2, 38 knockouts, was defending the WBO title he won on points against Jessie Vargas last November.

Mayweather vs. McGregor odds: Sportsbooks set betting lines, props for fight

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Floyd Mayweather and Conor McGregor stand to collect a massive payday whether their superfight is a charade or a combat sports classic, and there’s plenty of upside for bettors too.

With the bout set, Mayweather is a -600 moneyline favorite against the +400 underdog McGregor at sportsbooks monitored by OddsShark.com.  Mayweather will put a 49-0 ring record on the line in the August 26 bout at T-Mobile Arena in Las Vegas, while McGregor, a UFC champion at two weights, might prove a point just by having a decent showing.

The moneyline has tightened considerably since the first rumors about the fight. Last November, Mayweather opened at -2250 and McGregor opened at +950. Evidently, many MMA fans found McGregor irresistible at that price, as it steadily dropped, falling to +450 by late April. That was also the point where the moneyline on ‘Money’ came down to -700.

The over/under on rounds is 9.5. A 10-round fight is uncharted waters for McGregor, but 13 of Mayweather’s last 14 fights have gone at least 10 rounds. Twelve have gone the full 12 rounds; the Mayweather-McGregor betting odds on whether the fight goes the distance pays +125 if it does, and -175 if it’s stopped early.

McGregor also pays +120 if he wins by decision, which is the standard outcome for his bouts against full-time boxers. McGregor’s method-of-victory props include +700 for a knockout and +3300 for victory by decision.

There is little in the way of past performance to go on here, since McGregor hasn’t boxed since he was a teenager in Ireland. Mayweather’s defensive skills should allow him to parry any early onslaught from McGregor, who is a knockout artist in the UFC octagon and rarely has fights go more than two rounds.

The round prices offer the most potential profit for Mayweather backers. One can assume that the skilled defensive fighter might dance around while McGregor goes out hard. It might be prudent to scale down expectations of a quick finish – +3300 for Mayweather winning in Round 1, +2500 for Round 2 – and look at the slightly later rounds. Rounds 4 through 6 are listed at +1600 and +1400.

While Mayweather’s round prices trace a reverse parabola, McGregor’s round prices are relatively stable. The Irishman offers +4000 for a win in Round 1, or each one from Rounds 4-7. There is a slight drop to +3300 for both Round 2 and 3.

Another way to bet on the Mayweather-McGregor fight is the 4.99 million total for pay-per-view buys. The over hitting would require beating the audience for Mayweather’s 2015 fight against Manny Pacquaio (4.6 million). McGregor also holds the UFC’s PPV record of 1.65 million, set at UFC 202 in August 2016

With boxing and MMA fans creating a larger fanbase and the event being scheduled for the dog days of late August – before the NFL and college football blot out everything else on the sports landscape – 5 million buys seems doable.