The talent drain continues at Golden Boy Promotions.
Rey Vargas, a junior featherweight titleholder who has spent most of his professional career under Oscar De La Hoya’s promotional banner, has entered a multi-fight deal with Premier Boxing Champions.
The news was first reported by The Athletic.
Sources: 122-pound champion Rey Vargas has signed a multi-fight deal with PBC. Vargas was previously campaigning under the Golden Boy Promotions banner. Vargas and Brandon Figueroa could be matched at some point down the road. Stephen Fulton in the mix for PBC at 122, too
— Mike Coppinger (@MikeCoppinger) January 11, 2020
Vargas is the latest fighter to leave the Golden Boy stable. Andrew Cancio, a former junior lightweight titleholder, was recently cut from the lineup after he voiced his discontent with his promotional handlers. The Athletic also reported that Cancio has signed a multi-fight deal with Top Rank.
A tall, rangy junior featherweight, Vargas has a chance to defend his WBC belt against PBC stablemates Brandon Figueroa, Stephen Fulton, and possibly current bantamweights Guillermo Rigondeaux and Luis Nery.