Ex-world champ Luisito Espinosa awarded with remaining fight purse after 18 years
Milan Ordoņez on Jun 17, 2015 11:21 AM
Justice has been served for the two-division world champion.
After nearly two decades, former bantamweight and featherweight world champion Luisito Espinosa will finally be getting to fully enjoy the fruits of his labor.
On Monday, the Court of Appeals (CA) has ruled in favor of Espinosa in a 1997 case he filed against former manager, the late Rod Nazario. The boxer was forced to take legal action after Nazario failed to pay him his guaranteed purse that amounted to $160,000, for his fight against Carlos Rios in December of the same year.
After the bout, Espinosa only received $29,651.
With the CA’s ruling, “Lindol” will now be receiving the remaining $130,349 (PHP 5,879,978), which will be paid through Nazario’s heirs: wife Minita Chico-Nazario, and children Karen Patricia, Roderick, and Rommel.
Espinosa retired in 2005, with a record of 47-13 (with 26 victories by knockout). He has since lived in the United States and worked as a trainer for UFC contender Nick Diaz, among other jobs.
(HT: Manila Bulletin)
Relive one of Luisito Espinosa’s finest performances in this 1998 fight against Kennedy McKinney.
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