By Erik Schmidt: According to German news site Bild, World Boxing Council heavyweight champion Vitali Klitschko (39-2, 37 KO’s) won’t be facing former WBA heavyweight champion Nikolay Valuev (50-2, 34 KO’s). The two fighters were in negotiations for a fight, but Valuev’s management wanted $4 million for the seven-foot Valuev to fight Klitschko. The manager for Klitschko Bernd Bonte said that the fight with Valuev is “dead.” Bonte also said “Promoter [Don] King is crazy. His demands for Valuev are not acceptable.” Initially, Klitschko officered the 36-year-old Valuev $1 million to fight him.