Anthony Joshua and Oleksandr Usyk will each receive a guaranteed minimum of £33.2 million ($40m) for their world heavyweight championship rematch this weekend.
It was also gathered that the pay could rise close to $50 million for either Joshua or Usyk if pay-per-view television sales reach a level sufficient to justify adding a bonus for the winner.
This will be the second highest purse ever paid to a British boxer, since Joshua’s own record of $60 million for the rematch against Andy Ruiz Jr in Saudi Arabia in which he regained the WBA, IBF, and WBO titles following his first career defeat.
Joshua’s promoter Eddie Hearn says: ‘They want more big events here, especially the undisputed title, and would prefer it to include Fury.’
The fight will take place at the Jeddah Superdome in Saudi Arabia on Saturday 20 August.