According to the letter, dated January 29th 2015, the two teams have 30 days to negotiate an agreement to fight otherwise purse bids will be ordered in the following 10 days. In theory that would mean purse bid would be called in the second week of March if the teams can not agree a deal.
As per the rules of the WBO the minimum bid for a Light Flyweight world title bout is $80,000, a fee both teams would likely be happy to exceed to get home advantage for the bout.
We suspect, given the time frame, the WBO are expecting this fight to be set no later than summer. That gives both men time to fight an interim fighter beforehand. For Rodriguez we know his next bout is this coming weekend when he battles against another Filipino, Jomar Fajardo (14-5-2, 7). This is a very promising rematch following a brilliant battle between the two men last year in what was supposed to be a warm up for a Nietes Vs Rodriguez bout.
As for Nietes no opponent for his next fight has been named however we do know he will be in action on March 28th at the Mall of Asia Arena on a card shared with Nonito Donaire (33-3, 21). That will be a voluntary defense of his title and we suspect it will come against a relatively limited foe as every gears up for the Rodriguez bout.
(Image courtesy of http://www.wboboxing.com)