Posted August 10, 2012 on
AP on Fox
World champion Vasyl Lomachenko and four of his medal-winning teammates on Ukraine's dominant Olympic boxing team have signed with a new professional boxing venture created by the governing body of the amateur sport.
AIBA President Wu Ching-Kuo announced his signings of the world's best amateur boxer and his four talented teammates to The Associated Press on Friday.
Lomachenko has dominated his sport since his gold medal-winning performance at the Beijing Games, winning two world titles with crowd-pleasing skills that have attracted enormous interest from professional promoters worldwide.
The deals with five fighters on the most powerful team at the London Olympics are an enormous coup for Wu's organization and its fledgling AIBA Professional Boxing (APB), a novel venture - similar to a league - scheduled to begin regular shows in the fall of 2013.
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