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  1. #1
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    Default Re: Purse Bids

    Purse bids are for mandatory challenges to alphabet titles.

    If the mandatory and the alphabet champion can not agree to a deal before the deadline, it goes to a purse bid.

    Then every promoter registered with the alphabet gang can make a bid, the highest bidder gets to promote the fight.

    The money is split by the rules of the alphabet gang. Usually 75% goes to the champion and 25% goes tot he challenger.

    promotors of a fighter that does not win the purse bid, will get paid out of their fighters share, based on whatever their contract is together.

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    Default Re: Purse Bids

    Quote Originally Posted by Lance Uppercut View Post
    Purse bids are for mandatory challenges to alphabet titles.

    If the mandatory and the alphabet champion can not agree to a deal before the deadline, it goes to a purse bid.

    Then every promoter registered with the alphabet gang can make a bid, the highest bidder gets to promote the fight.

    The money is split by the rules of the alphabet gang. Usually 75% goes to the champion and 25% goes tot he challenger.

    promotors of a fighter that does not win the purse bid, will get paid out of their fighters share, based on whatever their contract is together.
    Now it's crystal clear. Cheers pal.
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