By Jim Dower: Promoter Gary Shaw won the purse bid for the title defense of IBF light welterweight champion Lamont Peterson (30-1-1, 15 KO’s) for his fight against former WBO light welterweight champion Kendall Holt (28-5, 16 KO’s). Shaw, the only one bidding, won with a bid of $50,000. The fight is expected to take place in the next three months. The venue is still something that is being negotiated.

Peterson hasn’t fought since his big 12 round decision upset of Amir Khan last year in December in Washington, DC. Peterson was out of action for the entire year after testing positive for synthetic testosterone while he was training for a rematch with Khan. The fight was then canceled, and Peterson then missed the entire year.

As it turns out, Peterson was under a medical doctor’s treatment for low testosterone, but unfortunately Peterson failed to report this to the Washington Athletic Commission.

Holt hasn’t exactly been busy either in 2012, fighting only once against Tom Coleman in winning by a 2nd round knockout. Last year, Holt fought Danny Garcia and lost by a close 12 round split decision in Garcia’s toughest fight of his career.

Holt is a pretty big puncher with excellent hand speed. This could be a really hard fight for Peterson because Holt can really bring it, and he’s hard to beat when he’s motivated and in shape.

Victor Cayo defeats Vladimir Baez

#13 IBF light welterweight contender Victor Cayo (31-3, 22 KO’s) defeated previously unbeaten Vladimir Baez (17-1-2, 15 KO’s) by a 10 round unanimous decision to capture the vacant IBF Latino light welterweight title on Monday night at the Dominican Fiesta Hotel & Casino, in Santo Domingo, Dominican Republic. The final judges’ scores were 98-91, 99-91 and 98-91.

Cayo ended up out-working the previously unbeaten Baez with a heavy attack or power shots that had him backing up.

This was a really big step up for Barez, because before this fight he’d been facing guys with mostly losing records during his five year pro career.