By Luke Furman, Alexander Szutenberg

There is a two-fight agreement in place for WBC cruiserweight champion Krzysztof Wlodarczyk (47-2-1, 33 KOs) to defend his title against undefeated Rakhim Chakhkiev (16-0, 12 KOs) on June 22 in Moscow, Russia. The agreement, while not fully finalized, guarantees Wlodarczyk an immediate rematch in the event he loses to the 2008 Olympic gold medal winner.

However, the champion says the with Chakhiev is not yet done. Contrary to published reports, no finalized contract has been received and a monetary advance from Chakhkiev's side, who are financing the event in Russia, has to be secured. Chakhkiev's side have stated that the money was wired over and should be arriving shortly. The champion wants to review the contract terms with his team.

"He is certainly a very dangerous fighter. He was an Olympic champion. Anyway, this is a fighter who commits a lot of mistakes during his attacks, but can quickly and strongly counter. I think that he will have problems trying to keep up the pace of a good fight," the champion noted.

Luke Furman covers boxing for bokser.org.