Bob Arum offers $20 million for Trump-Sanders debate

By Updated at 2016-05-28 08:45:41 +0000


Bob Arum’s Top Rank Promotions is ready to promote “The heavyweight debate: Donald Trump vs. Bernie Sanders.”

The idea of the debate was first proposed on Wednesday night when Trump appeared on Jimmy Kimmel Live. Kimmel asked Trump if he’d consider it. Trump’s response: “We would have such high ratings and I think I should take that money and give it to some worthy charity.”

That’s all Hall of Fame promoter Arum needed to hear.

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“It’s the debate of the century between two of the top pound-for-pound politicians in the country — Mr. Trump, the Republican Party’s presumptive nominee and Senator Sanders, the Democratic candidate,” said Arum, the CEO and Founder of Top Rank. “We have two contenders ready, willing and able to go mano a mano over the most important issues facing the United States. And I am ready to promote it.”

And don’t think Arum is not serious. “It would be the biggest pay-per-view of all time,” he said by phone Thursday night. ” I’m not going to charge crazy prices. I’ll take a fee, and I’ll put a guarantee up, and it’ll be for charity.”

And Arum said, as far as moderators are concerned, “screw these media moderators. They’re all . . . I recommend Hillary Clinton, Ted Cruz and Mitt Romney.”

Arum said it would be the “greatest-watched television show of all time. . . . at least there would be a huge amount going to charity.”

Top Rank’s proposal is as follows:

–Top Rank will negotiate a site fee from a major U.S. venue for the debate
–Top Rank will produce and distribute the debate live on pay-per-view throughout the U.S.
— Top Rank will distribute the debate via closed-circuit to establishments in the U.S., including but not exclusive to, bars, restaurants, and movie theater chains
–80% of the net proceeds will go to the charity or charities of the candidates’ choice, agreed upon in advance, with a minimum of $20 million being donated
— The moderator or moderators will be subject to the approval of the candidates, though Arum, as he said, has recommended Clinton, Cruz and Romney.

Arum hopes the candidates understand his seriousness and get in touch with him. “If I started calling them,” he said, “they’d say, ‘who is this nut?’ They’ll read it and they’ll respond, and let’s see if we can get something done.”