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Author Topic: PRIZE OF FIGHTING Boxing’s biggest contracts revealed  (Read 270 times)
jademaxsuy (OP)
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November 09, 2020, 02:26:55 PM
 #1

Some of the sport's top attractions have been given eye-watering guarantees when signing on the dotted line.

Canelo Alvarez - £278m
The Mexican star signed sport's most lucrative deal ever in 2018, when he penned an 11-fight DAZN agreement worth £278m ($365) spanning over five years.
But just three bouts and two years into the contract and Alvarez requested it be terminated as he split with DAZN and Golden Boy Promotions.
He still banked around £64.6m as a result of beating Rocky Fielding, Daniel Jacobs and Sergey Kovalev.
Canelo, 30, is now set to control his own career and return as a box office fighter, opposed to DAZN's streaming platform.
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Floyd Mayweather - £150m
When Mayweather came out of prison in 2012, he signed an exclusive six-fight PPV deal with Showtime a year later worth £150m.
But the American legend ended up taking home £340m thanks to the box office success of his fights against Canelo and Manny Pacquiao.
Mayweather, 43, retired after beating Andre Berto in 2015, but returned in 2017 to face UFC star Conor McGregor in a lucrative crossover event.
It was not included in his initial contract, meaning the £300m he banked after stopping McGregor in ten rounds means he earned about £640m while boxing on Showtime.
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Anthony Joshua - £100m
Joshua penned a new three-year contract with Matchroom Boxing in 2018, worth £100m, SunSport reported at the time.
Since then, Eddie Hearn's Matchroom signed a £760m deal with DAZN, who broadcast AJ's fights Stateside.
Joshua landed himself a career high payday last December, after pocketing £66m after outpointing Andy Ruiz Jr in their Saudi Arabia rematch.
The 31-year-old's net worth is now estimated to be around £90m, according to Sportekz.
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Mike Tyson - £90m
Promoter Don King claimed in 1990 that Tyson had a contract with Showtime that guaranteed him £90m ($120m).
His last fight on HBO was against Alex Stewart, before he had two wins against Donovan Ruddock as part of his fresh Showtime agreement.
But Tyson was jailed in 1992 after being convicted of rape and spent three years behind bars before returning to the ring in 1995.
Iron Mike, now 54, would re-sign with Showtime after his prison release, making around £215m more before retiring in 2005.
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Tyson Fury - £90m
In early 2019, Fury made the shock decision to postpone his rematch with Deontay Wilder to instead sign a deal with Top Rank and ESPN.
The contract was widely reported to be worth £80m as the Gypsy King had two tune up fights in the US before facing Wilder again.
He emphatically stopped the Bronze Bomber in seven rounds in a PPV which sold over 1 million buys in America and the UK combined.
Fury, 32, has two fights left on his current contract.
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What do you think of these pro boxers with biggest contracts?
Where could they invest their money now?



Source:
https://www.thesun.co.uk/sport/13145476/boxing-contracts-tyson-fury-espn-canelo-dazn/#
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November 09, 2020, 03:03:20 PM
 #2

That's really a huge contract for a single fight if I ever knew that I should choose the profession of being a boxer. We're not quite sure where they invest it but for sure these boxers really have a good profit on it.

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November 09, 2020, 05:02:20 PM
 #3

What do you think of these pro boxers with biggest contracts?
Where could they invest their money now?



Source:
https://www.thesun.co.uk/sport/13145476/boxing-contracts-tyson-fury-espn-canelo-dazn/#
Unfortunately it is not rare at all for sports stars to end up bankrupt just after their carrer ends, and what happens is that they for the most part never think it is going to end until it is too late and end up spending all their money, this is a very common occurrence and it is called lifestyle inflation, basically it means that if you get a raise then you spend that raise instead of keeping your living standards making impossible to get out of the rat race.

Boxers fall on this and spend all their money and do not save anything, then when they retire they do not lower their living standards and spend the rest of their fortune trying to maintain the lie, it is sad but this is incredibly common no only in sports but in any sphere of life.

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November 09, 2020, 06:18:12 PM
 #4


What do you think of these pro boxers with biggest contracts?
Where could they invest their money now?



You would really get that biggest contracts if you are a boxer which is on the top which is just understandable that you would really get that kind of chance specially if the said fight
would really be hyped up against some other hall of famer or known boxer.These contracts are just normal to see and yes those are big amounts which its somewhat
unbelievable for them to attain but well lets embrace the reality.

About on investment then its none of our business yet you would able to see on what assets they do had and kind of lifestyle.

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November 09, 2020, 09:37:18 PM
 #5

~snip~
About on investment then its none of our business yet you would able to see on what assets they do had and kind of lifestyle.
Exactly and I agree, that's none of our business to know where their assets invested or where that big money goes.

Most of them for sure invest in a business that something we don't know or even preparing themselves for possible happen.
We just remain speculating but I appreciated them that they can able to manage their selves.

The Boxing industry is a great revenue for economic growth.

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November 10, 2020, 02:43:18 AM
 #6

It's crazy to think that Tyson earned over a quarter billion dollars in his career. If we adjust for inflation he is without a doubt the all time leader.

He didn't invest wisely but he's managed to build his wealth back up by remaining active in the entertainment industry.

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November 10, 2020, 03:54:24 AM
 #7

That's a lot of money they got there. I wonder I they will spend that much money in their whole lives. These guys are no longer need to worry about their financial cost throughout their life if nothing goes wrong along the way. Some of the past boxers who earns maybe not as much as this is now living a hard life due to their extravagance and proudness when spending their money. ended up almost losing everything that causes them to live in misery and regretting the things they did with their money. On the other hand, boxers on the list are getting some experience from those boxers to not follow their footstep ever when spending their money.

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November 10, 2020, 04:14:35 AM
 #8

That's a lot of money they got there. I wonder I they will spend that much money in their whole lives. These guys are no longer need to worry about their financial cost throughout their life if nothing goes wrong along the way. Some of the past boxers who earns maybe not as much as this is now living a hard life due to their extravagance and proudness when spending their money. ended up almost losing everything that causes them to live in misery and regretting the things they did with their money. On the other hand, boxers on the list are getting some experience from those boxers to not follow their footstep ever when spending their money.
Most of the money will be taxed and they do deserve their contracts, I may be wrong but they can't get the money all in one go, it will be in trickle per month plus the managers of this boxers will get a cut from that money. They do deserve the money to be fair, they are participating in bloodsport and are entertaining millions, this money is nothing when the revenue for the tickets and pay-per-view comes in for the promoters. Consider this money as promoters investment in the fighter.

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November 10, 2020, 05:17:35 AM
 #9

That is one of the reasons why there are a lot of people who aspire to be a boxer even if it requires really hard work and a long period to become professional. Boxing is one of the top sport watched by many, not to mention the amount of money that goes in and put of boxing due to promotions. One of the best reasons why boxers are paid that high is because of the risk they had to put their selves in whenever they have an upcoming match, not to mention the preparation they have to make.
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November 10, 2020, 05:55:54 AM
 #10

I think the money they get is not 100% theirs but should be for management, but still they earn a large amount and should be able to live happily in their old age.
Where have their money invest? There are many who use it to property, cars and do not rule out to business. Sometimes lifestyle makes them bankrupt
https://www.insider.com/mike-tyson-appears-to-blame-women-for-losing-his-money-2020-5

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November 10, 2020, 06:16:15 AM
 #11

Well those are Deal per contract and not per fight so i think there is different prize each fight that has not been recorded.
And why is it Manny Pacquiao is not mentioned above?meaning he has lower offers than those 5 ?
I think the money they get is not 100% theirs but should be for management, but still they earn a large amount and should be able to live happily in their old age.
Where have their money invest? There are many who use it to property, cars and do not rule out to business. Sometimes lifestyle makes them bankrupt
https://www.insider.com/mike-tyson-appears-to-blame-women-for-losing-his-money-2020-5
Of course and look at Canelo when he Quit the contract meaning that must not be added as His.









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November 10, 2020, 07:00:53 AM
Last edit: November 10, 2020, 04:13:06 PM by Lakai01
 #12

That's really a huge contract for a single fight -snip-
I think you didn't even read the post, did you? Those are multi-fight contracts, which usually last for several years. It is also obvious why, such fights offer an enormous advertising potential with millions of viewers worldwide. That's why they are paid that good.
That is comparable with very good and very well-known soccer players, also these earn similarly much money for similar running times. Besides the playing strength, marketing is also important there. New, well-known players attract a lot of spectators to the stadiums, fans buy jerseys, ...

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November 10, 2020, 07:05:58 AM
 #13

That's a very lucrative job for people who has talent.

As a boxer, they don't need to study or finished a master's degree in order to make huge money, they can have huge money as boxing is a big business where billions of money coming in, so a millions of salary or contract to a boxer is just something they can manage.

Well, boxers are also human, they make good or bad decision but those who are smart will certainly engage into business since they cannot be boxer forever in their life, so when they retire, they can still have their own source of income.

I hope they will all realize that as our future is always uncertain.

R


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November 10, 2020, 07:12:50 AM
 #14

I'm pretty sure most of them would be involved in businesses, what type though, that I do not know. And I also don't particularly care tbh, after all, they deserve the right to invest wherever they want, they basically earned that money themselves at the peak of their life so nothing wrong with just laying down and having a fun life after that. Sports are fun and all, competition is great, but having the chance to take a rest after all of that is bliss for the most part imo.

That's a very lucrative job for people who has talent.

As a boxer, they don't need to study or finished a master's degree in order to make huge money, they can have huge money as boxing is a big business where billions of money coming in, so a millions of salary or contract to a boxer is just something they can manage.

Well, boxers are also human, they make good or bad decision but those who are smart will certainly engage into business since they cannot be boxer forever in their life, so when they retire, they can still have their own source of income.

I hope they will all realize that as our future is always uncertain.
Emphasis on the talent tbh. Not everyone who goes to boxing could do well, and tbh, even if they didn't really study or finish a masters, it's still the same. I doubt they'd be ignorant of normal matters or standard knowledge tbh. Though there's actually no need for comparison between the different stages each person has. We have our own fight in our own lives, not much use comparing one to the other.

R


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November 10, 2020, 08:08:14 AM
 #15

It just means that there is a lot of money revolving around the boxing industry, and it's definitely a fruitful business if you know how to make your money go round. It's still all about the fame and amount of people you bring in when you are performing. It's a performance as well, just like any other show. If you have the chance to be part of this, it's worth it for sure.

I know it's not easy to get into where they are now. It needs dedication and hard work for sure, and with all that they have endured, I believe they deserve it. I don't know what they could do next after boxing for all the fame and glory you could have in the world.

I hope they find a way to help those in need.

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November 10, 2020, 09:18:10 AM
 #16

im looking for a few names but they arent included on the list . those that are on the list are mostly boxers that i dont know but the money that they obtain upon thier contract are freakin huge but i already know that boxing is a high paying sport more than others . the pay was huge because its entertaining and most of all its because there is a danger that accompanies to the boxer every time they step on that square shaped ring . for thier investment , i heard a few boxer that are not on the list that invest on cryptos but most of them invest on stocks and non decentralized assets
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November 10, 2020, 09:23:16 AM
 #17

Well those are Deal per contract and not per fight so i think there is different prize each fight that has not been recorded.
And why is it Manny Pacquiao is not mentioned above?meaning he has lower offers than those 5 ?
I think the money they get is not 100% theirs but should be for management, but still they earn a large amount and should be able to live happily in their old age.
Where have their money invest? There are many who use it to property, cars and do not rule out to business. Sometimes lifestyle makes them bankrupt
https://www.insider.com/mike-tyson-appears-to-blame-women-for-losing-his-money-2020-5
Of course and look at Canelo when he Quit the contract meaning that must not be added as His.

Yes, Manny Pacman Pacquiao should be in the list because he has a good deal with Bob Arum before and make a lot of money as well during his prime. I think recently it was Canelo who is really the cash cow. GGG also signs a a deal with DAZN in a reported eight figures:

https://www.ringtv.com/556098-gennady-golovkin-signs-multi-fight-deal-with-dazn-news-conference-monday-in-l-a/

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November 10, 2020, 11:47:03 AM
 #18

What do you think of these pro boxers with biggest contracts?
Where could they invest their money now?


It could be anywhere they want because they don't have to tell the public where they invest their money. I don't want to know where their money will be because that is not my business. I think they deserve to get the biggest contracts since they are good fighters. The boxing industry makes a thousand billions of money and it still grows, even in the pandemic. But we will see another match soon.

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jademaxsuy (OP)
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November 10, 2020, 12:21:57 PM
 #19

im looking for a few names but they arent included on the list . those that are on the list are mostly boxers that i dont know but the money that they obtain upon thier contract are freakin huge but i already know that boxing is a high paying sport more than others . the pay was huge because its entertaining and most of all its because there is a danger that accompanies to the boxer every time they step on that square shaped ring . for thier investment , i heard a few boxer that are not on the list that invest on cryptos but most of them invest on stocks and non decentralized assets
Yeah I agree with you there are many boxers offers or had sign a big money involve contract but are not in the list. Of course, probably they just wanted to get privacy from their earnings being made. I bet also when publshing something like this it should be ask by the people involve itself as a sign of respect to that person before any conflict that could arise if publishing article for them without asking for permission.
erikoy
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November 10, 2020, 12:26:52 PM
 #20

Well those are Deal per contract and not per fight so i think there is different prize each fight that has not been recorded.
And why is it Manny Pacquiao is not mentioned above?meaning he has lower offers than those 5 ?
I think the money they get is not 100% theirs but should be for management, but still they earn a large amount and should be able to live happily in their old age.
Where have their money invest? There are many who use it to property, cars and do not rule out to business. Sometimes lifestyle makes them bankrupt
https://www.insider.com/mike-tyson-appears-to-blame-women-for-losing-his-money-2020-5
Of course and look at Canelo when he Quit the contract meaning that must not be added as His.

Yes, Manny Pacman Pacquiao should be in the list because he has a good deal with Bob Arum before and make a lot of money as well during his prime. I think recently it was Canelo who is really the cash cow. GGG also signs a a deal with DAZN in a reported eight figures:

https://www.ringtv.com/556098-gennady-golovkin-signs-multi-fight-deal-with-dazn-news-conference-monday-in-l-a/
Well, maybe manny pacquaio did not get enough or as big as being mention above by the OP. Besides, as I check the OP's post it is not his list rather it is from someone who made the news or article.
In my opinion too manny pacquaio is a boxing legend and a hall of famer. We could expect that he should belong to the list. Well, whatever it is those pro.boxers in the list are actually getting a lot of money. Good for them!
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