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Stock impact report

Terence Crawford's rant signals boxing's issues, possible solution [USA TODAY]

Netflix, Inc. (NFLX) 
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US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Company Research Source: USA TODAY
What You Need to Know Terence Crawford's public criticism of the WBC highlights long-standing issues with boxing's sanctioning bodies, while Dana White's recent move into boxing promotion, backed by Saudi investment, suggests a potential but uncertain restructuring of the sport. When Terence Crawford blasted WBC president Mauricio Sulaimán Nov. 3, the timing was as notable as the trigger. Crawford fumed after the WBC stripped him of a championship belt the boxing star won by beating Canelo Alvarez Sept. 13. His transgression: the boxing star failed to pay the WBC $300,000 in sanctioning fees for the fight against Alvarez. The timing: The friction between Crawford and the WBC, one of boxing's four sanctioning bodies, comes at a time of potential change as the sport struggles to stay relevant. “One tries to be optimistic,'' said Mike Silver, a boxing historian and author of “The Arc of Boxing: The Rise and Decline of the Sweet Science.” “But when considering boxing's tawdry h Show less Read more
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