Boxing’s future as both a sport and a business was front and center on Capitol Hill this week, where lawmakers and industry leaders discussed whether a fragmented system that has governed the sport for decades can still compete in today’s media landscape.At issue is a proposed overhaul that would allow for the creation of a "new, centralized, alternative professional boxing system called Unified Boxing Organizations (UBO)." The entities would be capable of controlling promotion, rankings and championships under one system. Senate Commerce Committee Chairman Ted Cruz, R-Texas, framed the moment...
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