The Briton, who will earn $571,000 for the fight, is the official contender for the World Boxing Council belt. Beterbiev, whose fee will be $1.33 million, in addition to the WBC belt, also holds the IBF and WBO titles. 10% of the stake ($211,000) was reserved by the WBC as a bonus for the winner.
The fight is scheduled for August in the USA or Canada. Promotional organization Matchroom Boxing was also bidding for $2.1 million. The difference between the two highest bids was only $15,000.
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