By Jhonny Gonzalez

The featherweight purse bid took place earlier today  for the mandatory fight between IBF champion Billy Dib (35-1, 21KOs) and Mauricio Munoz (26-3, 12 KOs), who landed the title shot with last month's controversial split decision over Luis Franco (11-1, 7 KOs).

Leon Margules of Warriors Boxing was the sole bidder, submitting the minimum bid of $50,000 dollars. Margules is the attorney for rapper turned promoter 50 Cent, who promotes Dib under his SMS Promotions banner.