Joseph Parker to take significant pay-cut against new opponent for WBO world heavyweight title defence
Kiwi heavyweight Joseph Parker was guaranteed to make $2.4 million against Hughie Fury, before the Brit pulled out of their bout with citing injury.
Joseph Parker will take a significant pay cut as the economic realities of downsizing his WBO heavyweight title fight in Auckland hit home.
Parker was guaranteed $2.4 million for his mandatory defence against Hughie Fury but with the big Brit pulling out two weeks before the bout claiming an injured back the whole promotion has been reduced.
Duco boss David Higgins confirmed the event would be switched from the 12,000 seat Spark Arena to the Manukau Events Centre which holds a comparatively small 3,000 crowd.
Higgins also said the change to a voluntary defence meant the purse bid agreements went out the window, allowing Duco to renegotiate fight fees for Parker and new challenger Razvan Cojanu, who is ranked 14th in the WBO.
Asked if Parker would be hit in the pocket, a cagey Higgins said 'most likely' but praised the 25-year-old for being understanding.
Pay-per-view for the fight will be set at $49.95 - $10 less than Parker's title win over Andy Ruiz Jnr.
MORE TO COME
Kiwi heavyweight Joseph Parker was guaranteed to make $2.4 million against Hughie Fury, before the Brit pulled out of their bout with citing injury.
Joseph Parker will take a significant pay cut as the economic realities of downsizing his WBO heavyweight title fight in Auckland hit home.
Parker was guaranteed $2.4 million for his mandatory defence against Hughie Fury but with the big Brit pulling out two weeks before the bout claiming an injured back the whole promotion has been reduced.
Duco boss David Higgins confirmed the event would be switched from the 12,000 seat Spark Arena to the Manukau Events Centre which holds a comparatively small 3,000 crowd.
Higgins also said the change to a voluntary defence meant the purse bid agreements went out the window, allowing Duco to renegotiate fight fees for Parker and new challenger Razvan Cojanu, who is ranked 14th in the WBO.
Asked if Parker would be hit in the pocket, a cagey Higgins said 'most likely' but praised the 25-year-old for being understanding.
Pay-per-view for the fight will be set at $49.95 - $10 less than Parker's title win over Andy Ruiz Jnr.
MORE TO COME