Pugilist unsportingly content with KO (4)
I believe the answer is:
stun
'ko' is the definition.
(thesaurus)
'pugilist unsportingly content with' is the wordplay.
'with' indicates a hidden word.
'STUN' is hidden within 'pugilist unsportingly content'.
(Other definitions for stun that I've seen before include "Numb with nuts" , "Shock into silence" , "Shock or astonish" , "'Shock, daze (4)'" , "Make dazed or numb" .)