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Ready to Rumble.


It may be several months down the road, but big-time boxing will return to Staples Center This articlearticle or section has multiple issues:
* Its neutrality is disputed.
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Gov. Gray Davis has signed a bill that sets a $100,000 cap on the state tax that promoters must pay for boxing matches. Until now, the tax had been 5 percent of gate receipts, which forced promoter Bob Arum Robert "Bob" Arum (born December 8, 1931 in New York City) is a Harvard-educated lawyer who helped the White House during President John F. Kennedy's time there. He also worked for the US Attorneys Office for the southern district of New York, in the Tax division.  to shell out $350,000 for last June's welterweight title fight between Oscar de la Hoya Oscar de la Hoya (IPA pronunciation: [ˈɑs.kɛɹ dɛ.lɑ.ˈhɔɪ.jɑ][1]) (born February 4, 1973) — nicknamed the Golden Boy  and "Sugar" Shane Mosley "Sugar" Shane Mosley (born September 7, 1971) is a boxer from Pomona, California. He has won world titles in three weight divisions and is the only boxer to date to have beaten Oscar de la Hoya twice.  at Staples Center.

But after Jan. 1 when the law changes, the arena -- already in demand as one of the newest and brightest sports facilities in the country -- will be ready to rumble.

"We've had ongoing conversations with Don King... ongoing discussions with Oscar de la Hoya's people concerning a rematch," Leiweke said. "Between now and the end of the 2001 calendar year, we will have another big fight."
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Title Annotation:California passes bill capping state tax on boxing matches
Comment:Ready to Rumble.(California passes bill capping state tax on boxing matches)
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1U9CA
Date:Oct 2, 2000
Words:145
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