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According to Dan Rafael of espn.com. A potential fight between WBO Heavyweight champion Joseph Parker and Hughie Fury will head to purse bid.
The minimum bid is $1 million. Parker co-promoters Duco Events and Top Rank and Fury promoter Frank Warren could still make a deal before the purse bid takes place but if the bid goes through the promoter with the highest offer will gain promotional control of the fight and be able to pick the date and location as well as control the other logistics of the event.
Parker will be entitled to 60 percent of the winning bid, and Fury would receive the remaining 40 percent, per the WBO’s ruling at its 2016 convention.
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