IBF, IBO, and WBA champion Anthony Joshua and WBO champion Joseph Parker have finally reached a deal for their much speculated heavyweight bout.
It is reported that Parker will receive between 30 and 35 percent of the fight purse in the initial fight, having previously said the 35 percent is non-negotiable, however, further details have been released by Parker’s promoter David Higgins of Duco.
According to Higgins, if Parker wins, the rematch would give him a favourable 55 percent of the revenue, with Joshua receiving 45 percent.
In order to aid negotiations, Higgins hired Wladimir Klitschko’s London lawyer to tailor a contract.
"I did that in the belief that the Klitschko camp will essentially have done a lot of the hard work for us," Higgins said. "If we use that as the template, it means it will be reasonably balanced.
"Eddie Hearn has been a pleasure to work with ... he's smart and decisive and doesn't have an ego. If we have good points he will listen, even though we are the smaller side.
"We are proud of the result in terms of how far we have got for Team Parker from where this all began. At the beginning the percentage on offer to us was minuscule."
The fight is likely to take place in March or April in the UK, with London, Cardiff, and Manchester the likely venue.
There is still plenty to be worked out, but Higgins will be pushing for neutral officials.
"My strong preference is for all-neutral, no British, no New Zealand ... they don't need to be under pressure and such huge scrutiny.
"I personally don't think Eddie will have a problem with that, it will be the British Boxing Board of Control, they will be key to this," Higgins added.
Team Parker have previously accused Joshua of having a glass jaw, claiming to have footage of
him being knocked down in training camps.
Now that the bout is all but confirmed, fans can start debating who has the better chin