Boxing has been happening in a bubble since the return of the sport amid the coronavirus pandemic.
But the virus is set to burst the bubble of big pay days in the sport outside of the pay-per-view big boys.
Now only superstar names such as the likes of Canelo Alvarez, Anthony Joshua and Tyson Fury will be able to command mega money.
But even they will have to take pay cuts for their return fights until the sport recovers.
Joshua has already accepted that he won’t be taking home as much for his December clash with Kubrat Pulev as it looks set to move from Tottenham Hotspur Stadium to the O2 Arena or possibly even a smaller venue depending on restrictions.
While Alvarez has been tussling it out with promoters Golden Boy and his US broadcaster DAZN with the latter no doubt regretting signing off on a £280m 11-fight contract for the Mexican’s signature in 2018.
Fury is due 60 per cent of the purse for the third clash with Wilder but that pot could be significantly smaller if the bout takes place in front of a reduced capacity.
The market in the Middle East is uncertain now after previously thinking the sport would be bankrolled by oil money for many years to come which could have an effect on a potential clash with Fury and Joshua.
For now, belts are being tightened among broadcasters at least which will have a squeeze on the whole sport.
That could lead to even more pay-per-view boxing in the future. Something fans don’t deserve.
But the money has to come from somewhere if the TV companies can’t afford to put up the cash and money at the gate is not what it was pre-pandemic.
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For now, the major players in the sport are waiting to see not only how the sport recovers but how the country’s mindset returns to normality.
One concern mentioned by more than one promoter is that the public may be apprehensive about large-scale events even when restrictions are lifted.
That could take a long time to shake if the country is not confident that the threat of the virus is gone.
Without revenue from full stadiums and arenas, getting the big fights on will prove impossible unless there are further pay cuts for the fighters.
Even now some below the pay-per-view level are turning their noses up at the figures on offer.
But that may change if they realise there won’t be crowds at boxing for the rest of 2020 or beyond.