- Tyson Fury vs Dillian Whyte is a done deal with the purse bid completed last Friday.
- Fury’s U.K. promoter Queensbury Promotions won the right to stage the fight with a record $41 million purse bid.
- Fury is currently listed as the -600 betting favorite to beat Whyte who is pegged at +430.
Last October online sportsbook MyBookie.ag listed Dillian Whyte as the -110 betting favorite to be Tyson Fury’s next opponent:
Who do you believe @Tyson_Fury fights next?
— MyBookie MMA (@MyBookieMMA) October 13, 2021
Those who wagered on Whyte can now cash their bets as the Body Snatcher will be fighting for Fury’s WBC and lineal heavyweight titles, likely in April in the U.K.
Fury Opened at -650
Dillian Whyte (+430)
Tyson Fury (-650)https://t.co/I4Rbf3yStl
— ProBoxingOdds (@ProBoxingOdds) October 11, 2021
It can be recalled that Fury opened as the -650 betting favorite when the betting lines for this heavyweight title bout opened last October. When the WBC ordered the fight last month, the Gypsy King was still listed at -650 at the best boxing betting sites. However, with the bout now having a targeted date of April 24, Fury’s odds have dropped a bit to -600 with Whyte gaining on him just a bit at +425 from +430.
Whyte had been the WBC’s mandatory challenger for a long time. He lost that title when he was upset as a -360 betting favorite against Alexander Povetkin in August 2020 and lost the interim WBC heavyweight championship. He would redeem himself in an immediate rematch, knocking out Povetkin inside four rounds to reclaim the interim belt and mandatory challenger status.
Fury has not fought since defeating Deontay Wilder in their trilogy bout as the -280 odds on favorite. The win was his second consecutive against the Bronze Bomber after their first bout ended in a controversial draw. The Gypsy King was looking at a megabuck unification with Anthony Joshua last year but Wilder took his rematch clause to arbitration and won the right to face Fury. Joshua ended up losing to Oleksandr Usyk last September 25th.
Biggest Purse Bid in the History of Boxing
This is the coin flipped to determine the opening of the bids
$32,222,222 by @MatchroomBoxing
This is the biggest purse bid in the history of boxing
Congratulations #FuryWhyte @WBCBoxing Heavyweight championship@Tyson_Fury @DillianWhyte pic.twitter.com/Blz4IUDKlH
— Mauricio Sulaiman (@wbcmoro) January 28, 2022
Last Friday, the Fury-Whyte title bout moved one step to becoming a reality with the purse bid settled. During the opening of bids, Frank Warren’s Queensbury Promotions gained the rights to stage the fight with a winning bid of $41,025,000, beating the $32,222,222 bid of Whyte’s promoter Eddie Hearn of Matchroom Boxing.
This means that despite not fighting Joshua or Usyk next, Fury will be guaranteed a career-high payday thanks to the biggest purse bid in the history of boxing. According to purse bid rules, the champion will get an 80-20 split of the purse bid, meaning Fury will stand to earn a massive $29.5 million and Whyte $7.4 million with the winner getting an extra $4.1 million as winner’s bonus.
The auction also ended weeks of negotiations towards a step-aside package that would have paid Whyte and Joshua millions of dollars to allow Fury to challenge Usyk for the undisputed heavyweight title. According to sources, the parties already agreed in principle but the deal fell apart after they tried to renegotiate. Now it’s Whyte who’s the winner as he finally gets his long-awaited world title shot.