Team Khan withdraws appeal

[Seraphanx]

Hard to tell what they're playing at. From Peterson's point of view he's been after a rematch with Tim Bradley for a while and if he skips the WBA-ordered rematch, relinquishes that belt and keeps the IBF belt, you can see Bradley being interested, especially since he dominated Peterson in their first fight. This would probably be pretty lucrative financially as well, and the 50-50 terms proposed by Golden Boy in their press release are hardly likely to make him jump considering Peterson is champ and Khan is challenger.
Personally I think Khan would win the rematch if he fights the way he should have done in the first fight, but since he seems determined to prove he can take a punch, rather than fighting the smart fight, there's every possibility the rematch will be just as tough for him as the first fight unless Roach can get him to stick to a gameplan. But as stated above, I think they've had a better offer anyway. I think the 50-50 offer is there so they can present Peterson with a less-than-appealing option, hoping he won't take it. That way they can say they made him an offer and he chose not to take it, wash their hands of the whole affair and move on up to welter.
Although I don't know why he's so desperate to get into possibly the most talented division in boxing so quickly, especially calling out the biggest names in that division, when he no experience of fighting at that weight or in the same league as half the fighters there. If he can't score a decisive victory over Peterson I don't see what makes him think he can compete with the P4P best in the world.

[Tam Seddon]

Khan says that he will never fight for the IBF ever again.

[Manos de Piedra]

He might have just realised that he's got a rubbish case and it's a waste of time.

[ono]

Dropped appeal because he doesn't think anything will come of it, and Peterson isn't interested in a rematch. Bit shit really.