Moments ago Top Rank chief Bob Arum informed Boxingtalk.com that he and Don King were able to avoid a purse-bid in Cancun, Mexico by striking a last minute deal to stage WBC heavyweight champion Hasim Rahman's mandatory defense against James Toney. According to Arum, Rahman-Toney will take place in Atlantic City, New Jersey on March 18. HBO World Championship Boxing will likely televise, Top Rank Inc. will promote. REMEMBER WHERE YOU HEARD IT FIRST! (3:50 PM EST)