Axeman will be 'lucky' to make US$100K for next fight.
Nicholas 'Axeman' Walters will be hard-pressed to command even US$100,000 in purse for his next fight, following his surrender to Ukrainian boxer Vasyl 'Hi Tech' Lomachenko in their World Boxing Organisation (WBO) super featherweight title fight at the Hotel Cosmopolitan in Las Vegas, Nevada, on Saturday.
That's the assessment of the former president of the Jamaica Boxing Board of Control, Leroy Brown.
Brown, who told STAR Sports prior to the fight that a win could see Walters being able to command US$1,000,000, said the opposite is now true.
"The next time he fights, he will be lucky if he makes US$100,000. He doesn't have much bargaining power now. It's like starting over," Brown told STAR Sports yesterday.
Contrary to popular thought, however, Brown said he didn't think the Panama-based boxer's career was over.
"He will have to pull up his socks. You don't lose one fight and your career is over. This loss will affect him and it's a wake-up call," Brown added.
Walters, who started as the 1-11 underdog but entered the ring with an impressive 26-0-1 record, left fans shocked when he quit after the seventh round.
Lomachenko now has a record of 7-1.
"Where I think the blunder was made, he (Walters) should have never taken a fight with a Lomachenko without a warm-up fight," said Brown.
"There's no doubt when you lay off that long, you need a fight, to practise skills, to get timing on and punching power. Where you're training in the gym, no matter how hard you're training, it doesn't have that competitive edge that you need," he added.
Brown said Walters was left in a difficult position, and a quit might have saved him from a knockout.
"He knew he was on the way out. The way the guy dominated in the seventh round, the guy would have stopped him in the next round unless he came up with something magnificent, and that just wasn't happening. Lomachenko just totally dominated him in the seventh and coming out for the eight, (Walters) didn't have anything left in him. There was every likelihood that he would have been knocked out," he concluded.