Top Rank, which has roughly 50 professional fighters under contract, pares down its stable by releasing lightweights Diego Magdaleno (28-2, 12 KOs), Ivan Najera (16-2, 8 KOs), Gamalier Rodriguez (25-4-3, 17 KOs), featherweight Chris Avalos (26-4, 19 KOs), and junior featherweight Vic Pasillas (11-0, 4 KOs). All five of these fighters are now cleared to sign with any promoter.
"You get to a certain point with certain careers and you feel you can't do much more with them and that you can't take their careers any further," Top Rank vice president Carl Moretti told ESPN.com. "That doesn't mean we wouldn't use these guys again, but now they have the opportunity to go some place else and see what they can do.
"They are strictly business decisions. No hard feelings. We wish them all absolute success in the future wherever they may be and if we can offer them fights in the future we will."
Diego Magdaleno, 29, is probably the most notable of these fighters, having twice fought for world titles against Roman Martinez and Terry Flanagan, losing both fights. In his WBO title fight against Flanagan last October, Magdaleno was stopped inside of two rounds.
Chris Avalos, 26, who has lost two of his last three fights, also contended for a world title a year ago against Carl Frampton, who stopped him in five rounds. Avalos' last outing was against Oscar Valdez, who also saw him stopped in the fifth round.
Gamalier Rodriguez, 29, has lost his last two fights, the first of which came by way of a ninth round stoppage at the hands of Vasyl Lomachenko last May. Since then he dropped an unanimous decision to Jonathan Perez.
Ivan Najera, 23, is also a loser of two straight, with him being routed by Felix Verdejo at Madison Square Garden last June and then being stopped by Saul Rodriguez in late November.
Finally we have Vic Pasillas, 24, who is the only undefeated fighter on this cut list. He's most recently coming off a stoppage over Andres Tapia last August, but clearly Top Rank doesn't see much upside in him anymore, and are now parting ways with the young fighter.