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Illustration: Rebecca Zisser/Axios

The emergence of three undefeated heavyweight kings — Deontay Wilder, Tyson Fury and Anthony Joshua — has coincided with a revolution in the way boxing is broadcast in America.

Why it matters: The sport's top three heavyweights are now affiliated with three different platforms. And, with the traditional pay-per-view model under threat, all three are betting on slightly different business models to lead them into the future.

  • Good news: This has led to an uptick in well-promoted fights and an increase in overall exposure for the sport.
  • Bad news: In the past, rival broadcasters would work together by putting on a pay-per-view fight and splitting the proceeds. Now, it's not that simple. Result: Wilder, Fury and Joshua are all fighting, but they're not fighting each other.

The backdrop: HBO left the boxing business last year, creating a gigantic void that has since been filled by Showtime (an incumbent that doubled down), ESPN and streaming startup DAZN.

1. Showtime

  • Heavyweight: Deontay Wilder (USA)
  • Last fight: Wilder knocked out Dominic Breazeale in the first round earlier this month.
  • Business model: The Wilder-Breazeale fight was free for Showtime subscribers ($11/month).
  • Biggest advantage: The ability to draw in casual fans who are already on their platform.

2. ESPN

  • Heavyweight: Tyson Fury (England)
  • Next fight: Fury vs. Tom Schwarz (June 15)
  • Business model: The Fury-Schwarz fight will be free for all ESPN+ subscribers ($5/month), but that's only because it's not that big of a fight. The bigger ones will only be available on pay-per-view.
  • Biggest advantage: Same as above.

3. DAZN

  • Heavyweight: Anthony Joshua (England)
  • Next fight: Joshua vs. Andy Ruiz Jr. (Saturday, 9pm ET)
  • Business model: All of Joshua's fights will be free for DAZN subscribers ($20/month).
  • Biggest advantage: While DAZN lacks the same ability to draw in casual fans, it's building a stable of fighters alongside Joshua (most notably, Canelo Álvarez) in an attempt to become the home for boxing diehards.

🚨 Just in: Wilder announced last night that his next fight will be a rematch with Luis Ortiz, meaning his long-awaited title fight against Joshua won't happen until at least next year.

Go deeper

Scoop: CDC lets child migrant shelters fill to 100% despite COVID concern

Intensive care tents at overflow shelter in Carrizo Springs, Texas. Photo: Sergio Flores/The Washington Post via Getty Images

The Centers for Disease Control is allowing shelters handling child migrants who cross the U.S.-Mexico border to expand to full capacity, abandoning a requirement they stay near 50% to inhibit the spread of the coronavirus, Axios has learned.

Why it matters: The fact the country's premier health advisory agency is permitting a change in COVID-19 protocols indicates the scale of the immigration crisis. A draft memo obtained by Axios conceded "facilities should plan for and expect to have COVID-19 cases."

8 Senate Democrats vote against adding $15 minimum wage to COVID relief

Photo: Stefani Reynolds/Bloomberg via Getty Images

Eight Democratic senators on Friday voted against Sen. Bernie Sanders' amendment to ignore a ruling by the Senate parliamentarian and add a $15 minimum wage provision to the $1.9 trillion COVID relief package.

The state of play: The vote was held open for hours on Friday afternoon — even after every senator had voted — due to a standoff in negotiations over the next amendments that the Senate will take up.

CDC: Easing mask mandates led to higher COVID cases and deaths

Customer at a supermarket chain in Austin, Texas. Montinique Monroe/Getty Images

Easing mask restrictions and on-site dining have increased COVID-19 cases and deaths, according to a study out Friday from the Centers for Disease Control and Prevention.

Why it matters: The report's findings converge with actions from governors this week easing mask mandates and announcing plans to reopen nonessential businesses like restaurants.