What is a purse in boxing?

In boxing, a purse refers to the total amount of money that is paid to the fighters for a particular bout. The purse is typically negotiated and agreed upon by both fighters and their respective teams before the fight takes place.

The purse is usually split between the fighters, with the winner typically receiving a larger share of the purse than the loser. The exact breakdown of the purse is dependent on the terms of the fight contract and can vary depending on factors such as the fighters' popularity, the level of the competition, and the overall revenue generated by the fight.

The purse for a boxing match can vary greatly, ranging from thousands of dollars for lower-level fights to millions of dollars for high-profile championship bouts. In some cases, fighters may also receive a share of the pay-per-view revenue or other bonuses on top of their guaranteed purse.

Overall, the purse is a crucial aspect of a boxing match, as it provides a financial incentive for fighters to train hard, perform well, and ultimately strive to win the fight.