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HBO LOVES TO STEP IN THE RING: INKS BOXER DAVID REID
Published February 5, 1998
Junior middleweight David Reid has signed a multi-fight agreement with HBO Sports. Reid is promoted by America Presents (HBO). HBO Sports Senior VP/Programming Lou DiBella: "It's an exclusive agreement to HBO on pay television and to TVKO on pay per view, but he can fight on network TV or basic cable to keep busy." In Philadelphia, Jay Searcy reports that the length of Reid's contract "is not precise," but DiBella said Reid will fight at regular intervals on HBO, will have his first title fight on HBO, and if he wins a world title, HBO will have certain rights. Reid, who has a five-year, $30M contract with America Presents, will receive about $250,000 for his pre-title HBO fights (Jay Searcy, PHILADELPHIA INQUIRER, 2/5).