The World Boxing Council says it has completed an agreement with a German fighter that will prevent the sanctioning body from collapse.
The agreement with Graciano Rocchigiani was signed Friday, and the WBC on Tuesday withdrew plans to file for Chapter 7 bankruptcy in Puerto Rico, WBC President Jose Sulaiman said.
"We have gotten up off the canvas only seconds from disappearing," said Sulaiman, who reported last month a tentative agreement had been reached. Terms were not disclosed.
Rocchigiani won a $31 million judgment against the WBC over the loss of his light heavyweight title in 1998, prompting WBC officials to say the organization would file for liquidation.
Founded in 1963, the Mexico City-based WBC is regarded as the most influential of boxing's three major sanctioning organizations. It had filed for Chapter 11 bankruptcy protection in 2003 after a New York court ruled for Rocchigiani.
* BROADCASTING: Pat Summerall, who had a liver transplant four months ago, will continue filling in for Mike Patrick on ESPN's "Sunday Night Football" when the regular season begins Sept. 12.
Summerall, 74, has been working preseason games in place of Patrick, who had bypass surgery three weeks ago. ESPN said Patrick would return in October.
Summerall, who retired after 41 years of broadcasting last year, had a liver transplant on April 10. His first regular season game will be Kansas City at Denver.
* AUTO RACING: Four Nextel Cup crew chiefs were fined a total of $11,000 for violations discovered by NASCAR inspectors on Friday during the first inspection for Sunday's race at Michigan International Speedway.
Pat Tryson, crew chief for Mark Martin, and Marc Reno, who works with Bobby Hamilton Jr., were fined $5,000 apiece for using unapproved fuel system modifications. Todd Berrier, crew chief for Kevin Harvick, was fined $500 for a lesser fuel cell violation.
NASCAR also fined Lee McCall, crew chief for Sterling Marlin, $500 for using shoulder harness belts with an expired manufacturer's date.
* HOCKEY: Leaders from the NHL and the players' union met in Ottawa in the first half of a two-day effort to reach a labor agreement before the current deal expires Sept. 15. The meetings will resume today, after which the sides are expected to comment on the negotiations. . . .
Jordan Leopold of the Calgary Flames pulled out of the World Cup because of a concussion, the third key defenseman lost by the defending champion United States. He was hurt during the third period of Monday's 3-1 exhibition win over Canada -- a game in which he scored the final goal.
Two star defensemen, the Detroit Red Wings' Derian Hatcher and Mathieu Schneider, already had withdrawn.
-- From News Services
and Staff Reports