LOS ANGELES -- Jermain Taylor has elected to continue on in the Super Six Tournament. Lou DiBella has decided not to go with him. DiBella resigned as Taylor's promoter Friday after learning that Taylor -- who has lost four of his last five fights, including three by brutal knockouts -- chose to keep fighting.
"I have just been informed though numerous press reports that Jermain Taylor has elected to continue his participation in The Super Six: World Boxing Classic tournament, and will face Andre Ward in April," DiBella said in a statement. "It is with a heavy heart, but strong conviction, that I will recues myself and DiBella Entertainment as Jermain's promoter."
"Jermain's career has been outstanding, and it has been a pleasure and honor to promote him. His victories against Bernard Hopkins remain the highlights of my career as a promoter. Jermain is not only a great fighter but a good and decent man with a wonderful family. It is out of genuine concern for him and his family that I am compelled to make this decision.
"I informed him, as I do all my contracted fighters, that my goal was to help his secure financial stability for his family, maximize his potential, and leave our unforgiving sport with his health intact.
"It is my belief that the continuation of Jermain's career as an active fighter places him at unnecessary risk. While he is undoubtedly capable of prevailing in future bouts, I cannot, in conscience, remain involved given my assessment of such risk.
"I wish Jermain all the best in his future endeavors. All of us at DiBella Entertainment hold Jermain close to our hearts and consider him and his family part of our family. We wish him Godspeed and continued health."
DiBella, who has promoted Taylor since 2000, stands to lose several hundred thousand dollars by not being involved in Taylor's next two fights. Taylor, who was knocked out by Arthur Abraham in October, is under contract with Showtime to fight at least two more times in this tournament.
Taylor's advisor, Al Haymon, is reportedly on his way to Taylor's home in Arkansas to try and talk Taylor into retirement. If Haymon is unsuccessful, he could also resign from Taylor's camp.
A spokesman for Showtime had no comment.