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The British rivals have been holding talks over an undisputed clash and have agreed initial terms for two blockbuster fights.
And if the battle happens as intended, Fury and Joshua will pocket a career high purse.
It's official FURY VS JOSUAR AGREED FOR NEXT YEAR, I got to smash @bronzebomber first then I'll annihilate @anthonyfjoshua #WEARESPARTANS
MASSIVE THANKS TO DANIEL KINNERHAN FOR MAKING THIS HAPPEN.:pray::thumbsup: god bless pic.twitter.com/18FfVKfCax
- TYSON FURY (@Tyson_Fury) June 10, 2020
Promoter Frank Warren claims the pair of world heavyweight title holders could earn purses of $60 million-$70 million (£47 million-£55 million).
Fury and Joshua's purses could then double if they have an immediate rematch.
The undisputed world heavyweight title fight would also be the first all-British match to generate nine figures in total revenue.
:dollar: Frank Warren has stated that Tyson Fury and Anthony Joshua could each earn purses of $60m-$70m (£47m-£55m) if their fight happens as intended. Would be the first all-British bout to generate nine figures in total. [@ESPN]
- Michael Benson (@MichaelBensonn) June 10, 2020
"It was always going to be a 50-50 deal and a rematch," Warren told ESPN. "Other than that, nothing has been agreed, no contract. It's looking like Wilder [as Fury's next fight] toward the end of the year, unless something comes up.
"I hope the Joshua fight happens, and I would like it this year if we can. These guys [Fury, Joshua] could get between $60 [million] to $70 million each from one fight against each other, double that if there's a rematch, in one year."
Eddie Hearn added: "We're making great progress. There is still a lot to overcome. We are looking at venues and dates."
There's no signed contract yet, but the first fight will likely happen in the summer of 2021. Venues and dates have yet to be agreed with both Fury and Joshua in line to defend their titles against Deontay Wilder and Kubrat Pulev, respectively.
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