A few days ago, Saudi Arabia Turki Alalshikh and Dana White, UFC president reached an agreement to set up a professional boxing award. The tournament called Tko Boxing, the same parent company with UFC is TKO Group. This is also the reason Tko Boxing will have quite a lot of similarities with UFC on how to pay for the boxer.
One of the interesting points of Tko Boxing, is that this tournament offers a fixed remuneration for each match. The amount of money spent for large or small boxers depends on the ranking of this boxer owned according to the registration class. That makes a huge difference in income between the fighters.
Below is a preliminary information about remuneration for boxers to attend the Tko Boxing tournament, according to the information revealed by Boxing Scene:
– Martial artists are not ranked: 20,000 USD, match 10 rounds
– Martial artists ranked 5-10 on the ranking of TKO Boxing: 50,000 USD, 12 rounds.
– Martial artists ranked 3-4 on the ranking of TKO Boxing: 125,000 USD.
– Martial artist TKO Boxing: 375,000 USD.
– Martial artists defending the TKO Boxing championship: 750,000 USD.
However, TKO Boxing also left open cases of remuneration far beyond the “payroll” mentioned above for fighters with big names. At the time Turki Alalshikhkhh reached an agreement with Canelo Alvarez, the two parties agreed to fight 4-5 matches in 18 months. Canelo's income has not been disclosed, but it may be up to $ 400 million.
Another source of TKo Boxing can pay for famous fighters is the exclusive revenue sharing part (Pay Per View). This is a common way of dividing revenue in big matches, provided that the fighters competed at a very high level and had many fans.
As for Turki Alalshikhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh. However, he affirmed that the boxers attending Tko Boxing were guaranteed to receive higher income than the current money. It is one of the Tko Boxing methods used to recruit boxers, provided that they do not attend other prizes.