By Edward Chaykovsky

The World Boxing Association has issued a purse bid extension for the ongoing negotiations to make a middleweight showdown between middleweight champions Gennady Golovkin and Daniel Jacobs.

Golovkin holds the WBA's 'super title' at the weight, while Jacobs is the 'regular' champion. The two sides had until October 10th or a purse bid was going to be ordered. If it goes to a purse bid, the split is 75-25 in favor of Golovkin.

The two sides are negotiating the terms for an HBO televise date of December 10th, with the Barclays Center and Madison Square Garden as potentials venues to host the fight in New York City.

WBA President Gilberto Mendoza Jr. extended the purse bid deadline, according to information provided to the Los Angeles Times.

As BoxingScene.com previously reported, Jacobs' handlers have filed a request to modify the purse bid monetary terms to a 60-40 split.

Golovkin's promoter, Tom Loeffler of K2 Promotions, made a request to the WBA for an immediate purse bid, but the sanctioning body would rather see both sides reach a deal and extended the purse bid date.

“If they can reach an agreement by Oct. 12, we just ask for contracts,” Mendoza said. “If they can’t, I’ll call for a purse bid within 10 days [Oct. 22] and we’ll then release what we decided. They don’t know right now. Honestly, it’s a good fight for the sport and I’m trying to be fair with Jacobs and Golovkin,” Mendoza said.

Should the fight go to a purse bid, it was create an interesting situation - because Golovkin is contracted to HBO, while Jacobs fights under the Premier Boxing Champions banner and Showtime. Jacobs has no problem with fighting Golovkin on HBO. But if Jacobs' manager/adviser Al Haymon wins the purse bid and wants to place the fight on a network outside of HBO's scope - will HBO allow it to happen or will Golovkin be forced to vacate his title.

“We are definitely interested and will aggressively pursue,” Golovkin-Jacobs, Showtime Executive Vice President Stephen Espinoza told The Times in a text message Friday.