The established companies had decades to reduce the number of titles, arrange the leading fights, and develop boxers into recognizable stars. Instead, promoters protected their champions as financial assets while the sanctioning bodies produced regular, interim, and super titles.

Becoming a champion consequently lost much of its value. DiBella argued that the average titleholder can walk through Times Square during rush hour without being recognized.

“We opened the door for Jake [Paul]. We opened the door for Turki Alalshikh. We opened the door for Zuffa and TKO. We opened the door for Dana and Nick. Anyone saying we didn’t open that door is a…

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