Gervonta Davis Says Ryan Garcia Can Keep Prize Money Purse from KO Loss Despite Bet

Gervonta Davis was in a magnanimous mood following his seventh-round knockout of Ryan Garcia on Saturday.

Davis said he isn't going to hold Garcia to the terms of the informal wager they made on social media leading up to the event. During an Instagram Live session, the two agreed to adopt a winner-take-all approach with the fight purse.

"Nah, he can take the money," Davis said of Garcia's share of the purse at the 25:32 mark of the post-fight press conference.

It was a decisive victory for Davis, who was a more efficient puncher and connected with more power punches, on Saturday.

The decorated lightweight knocked Garcia down in the second round before landing the decisive blow in the seventh. His left hook found the body of Garcia, who took a few steps before falling on one knee and failing to make the 10-count.

Garcia explained he was struggling to breathe as the referee was counting and couldn't continue.

He would've missed out on a significant payday if he and Davis had officially amended their fight contract. According to ESPN's Mike Coppinger, the 24-year-old "accepted the slightly shorter end of the revenue split, along with an eight-figure guarantee." Coppinger added the event sold out T-Mobile Arena in Las Vegas, which meant a live gate in excess of $20 million.

Luckily for Garcia, his losses from Saturday are limited to the official record. His "wager" with Davis is nonetheless a good reminder that you always need to bet responsibly.