What is a fight purse?

A fight purse is the amount of money that is guaranteed to be paid to each fighter regardless of the outcome of the fight. This money is typically determined in the fighter's contract and is often negotiated by their respective managers or agents. The fight purse is separate from any additional bonuses or incentives that fighters may receive based on factors such as performance, knockout bonuses, or pay-per-view revenue.

The size of a fight purse can vary greatly depending on the popularity of the fighters, the promotion they are fighting for, and the overall magnitude of the event. High-profile fighters competing in major promotions like the UFC or boxing's top promotions can earn millions of dollars for a single fight, while lower-tier fighters may earn only a few thousand dollars.

Fight purses are typically paid out after the fight is over, with the winner taking home their guaranteed purse as well as any additional bonuses they may have earned. In some cases, fighters may also negotiate a share of the pay-per-view revenue or other revenue streams from the event.