British boxing promoter Eddie Hearn, whose Matchroom Boxing stable features none other than heavyweight superstar Anthony Joshua, made a major announcement on Thursday that he’d described as “the biggest deal in boxing history.”
That “biggest deal” is a broadcasting agreement with on-demand streaming service DAZN (pronounced Da Zone — I’m not making that up), worth approximately $125 million per year for eight years, good for a total of $1 billion. This comes right on the heels of the UFC’s own announcement of a $150 million/year deal with ESPN+, the recently launched streaming service that will cost subscribers $4.