Nigerian-born UK heavyweight boxing champion, Anthony Joshua and Tyson Fury are set to earn the biggest payday in boxing history after signing contracts for a unification bout.
The contracts were signed on Monday, March 15, 2021.
The contracts will see Anthony Joshua and his British compatriot fight for the undisputed heavyweight crown. Equally important, the development comes after months of long-drawn negotiations, ESPN reported on Monday.
Anthony Joshua’s promoter, Eddie Hearn, says it is definitely the biggest fight in boxing history. Further, he disclosed that all of the paperwork for the two fights has been completed; exchanged, and signed, with the first expected to take place this summer.
“This is the biggest fight in boxing and one of the biggest sporting events in the world. It will be a major, major win for a country that wants to showcase itself.”
In addition, Hearn revealed that a site deal is expected to be confirmed next month; with late June or early July being the most likely dates for the first bout.
“I know how hard we’ve worked these last couple of months… I just feel that this fight is so big it’s not a difficult sell. We’ve already had approaches from eight or nine sites. The offers have come from multiple countries in the Middle East, from Asia, Eastern Europe and America,” Hearn stated.
Reports say the first fight between Anthony Joshua; who holds the WBA, IBF, WBO, and IBO titles, and his rival Fury, the WBC champion; is expected to be worth up to $139 million per boxer.
The winner will be the first since Lennox Lewis to hold the undisputed title.
Previously it was reported that the deal stipulates a 50-50 split in the first fight and a 60-40 split in the rematch, with the winner earning the greater share. The rematch is set to take place preferably in November or December.
Meanwhile, the announcement of the deal comes only days after Fury expressed his dissatisfaction with the negotiations; reportedly stating that he had stopped training for the Joshua bout and drinking up to 12 pints a day.
Furthermore, Fury had also posted on his Twitter page a selfie with an almost half-empty bottle of whiskey.