Lennox Lewis will split the purse 50/50 with Mike Tyson if their £70m showdown goes ahead this summer.
But Iron Mike will have to compensate his pay-per-view network Showtime out of his own pocket.
The world champion has again emphasised his desire to fight Tyson and has made the challenger an offer.
Following Tyson's offer to stage the contest as early as June this year, Lewis will get to choose both the venue and the date for the fight.
Lewis said: "Mike wants us to share purse on a 50/50 basis.
"I am prepared to do that provided the live pay-per-view for the fight is on my network HBO/TVKO and that Mike compensates his network Showtime out of his 50 per cent of the purse."
The Brit authorised a meeting in New York between his business manager Adrian Ogun and Tyson's adviser Shelley Finkel, designed to give the major meeting of muscle a central spot in the 2001 sporting calendar.
"Mike (Tyson) through Shelley (Finkel) made an offer to me to fight as early as June this year, leaving me to chose the date and location," said Lewis.
"I am delighted to accept the offer and I have instructed my lawyers to send Mike a draft contract for the deal.
"I intend to fight Hasim Rahman on April 21 in Carnival City, South Africa and I am prepared to meet Mike soon after his birthday on Saturday, June 30, although my preferred date is July 21."