Boxing Forum - View Single Post - Can someone explain what a purse bid is??

.:: JSFD26 ::.

When 2 promoters can't come to an agreement on a fight the fight is ordered to a purse bid. A purse bid is where promoters bid to see who earns to the right to promote the fight. Think of it as an auction.

I also wanna say more promoters than the 2 originally involved can bid but Im not 100% sure about that one.

.:: JSFD26 ::. Broner P4P #1 Join Date: Mar 2012 Location: ... Posts: 14,227 Rep Power: 42 Points: 1,149,290,168,934.99 Bank: 8,316,774,231,365.28 Total Points: 9,466,064,400,300.27 Donate	When 2 promoters can't come to an agreement on a fight the fight is ordered to a purse bid. A purse bid is where promoters bid to see who earns to the right to promote the fight. Think of it as an auction. I also wanna say more promoters than the 2 originally involved can bid but Im not 100% sure about that one.