Joseph Parker's promoters are negotiating a deal which will see their Kiwi heavyweight's world title eliminator in Auckland in May set a record as the richest held in New Zealand.
The combined purse alone for Parker's clash against France-based Cameroon boxer Carlos Takam will be more than $1 million which will smash the previous record set by the so-called "Fight of the Century" between David Tua and Shane Cameron in 2009 in which both fought for a guaranteed purse of $500,000 each.
The Herald has seen an email sent by the International Boxing Federation to all promoters affiliated with the New Jersey-based organisation which says both Parker's promoters Duco Events and Takam's advisers have reached an agreement for the May 21 fight and that a purse bid -- which would have been triggered had the parties been unable to agree terms -- has been cancelled.
Duco's David Higgins said he didn't want to talk about the IBF email, saying "we're in a really delicate stage of negotiations for the fight", but confirmed the bout would be in Auckland and that it would be an expensive one for his organisation.
"There are no contracts signed yet but some terms have been agreed in principle," he said.