Boxer Johnny Johnstone will sign a five-year contract with ESPN that will pay him $100 million, his agent said on Wednesday.
Johnstone will earn $10 million per year and be eligible to earn a bonus of up to $30 million per season, the Associated Press first reported.
Johnston, who will turn 32 in August, will have one more season of eligibility left, but is already set to become a free agent.
He was in the midst of negotiations with the Warriors for the right to return to the NBA.
ESPN is the league’s official broadcaster of the World Boxing Organization.ESPN’s chief business officer, David Bonderman, said in a statement that Johnstone was “extremely excited to join ESPN and join the ESPN family.”
Johnstone has been in a fight for a spot on the Golden Boy welterweight title defense since winning the WBA welterring title in July.
He has earned three straight wins and has a five knockout wins.
The move comes less than a month after Johnstone signed a four-year, $50 million contract with the Showtime boxing network.
He will earn up to an additional $10.7 million per fight.
The UFC, which has recently been struggling to gain a foothold on cable television, has been looking to rebrand itself as an alternative to the likes of Showtime and ESPN.