His boxing camp was willing to give him 60% of fight fees & prize money & 75% of TV & product endorsement earnings, but not enough.
In photo above Buakaw Por Pramuk in black beats Australia's Frankie Giorgi.
Buakaw, whose real name is Sombat Banchamek, added that from now on he would focus on training young people at his Banchamek camp in his native province of Surin.
SAT deputy governor Sakol Wannapong said he felt sorry that both sides had failed to reach an agreement.
"It's all about money," he said.
Buakaw joined the Por Pramuk camp when he was nine but left in March after becoming frustrated with what he believed was his unfair treatment.
He then fought in a Thai Fight event in Pattaya last month without permission, a move that led to his camp suing both the boxer and the Thai Fight organisers.
(Source: Bangkok Post, Sports, MUAY THAI, Buakaw calls it quits as dispute rages on, 1/06/2012, Kittipong Thongsombat, link)
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