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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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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.
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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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November 10, 2020, 07:32:05 PM
Merited by TimeTeller (1)
 #21

~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.
If you do have the money then you would need to be wise on spending it and these are example of to those past or known boxers that who went broke inspite of earning
multi-millions.
https://www.mykhel.com/more-sports/from-mike-tyson-joe-louis-champion-boxers-who-went-broke-027668.html
https://bleacherreport.com/articles/1654741-10-big-boxing-names-who-went-bankrupt

It shows that they havent handled up well their own money but once again "ITS NONE OF OUR BUSINESS".  Cheesy

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November 10, 2020, 07:58:33 PM
 #22

^ On OP's list is the famous boxing champs and with their earnings, it is definitely a large amount but they are worthy of it because of the hardships that they went through just to become a champ. But I have read a story of a most legend boxing champ from the early 80's that all his riches went to waste because he wasn't able to manage it sad but true that some of them were not able to handle the fame they have gained. The boxing champs on the list are a private individuals and they can maintain their privacy somehow which will not give us information on how and where they are spending their wealth.
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November 10, 2020, 09:10:27 PM
 #23

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!

I'm seeking also Pacquaio's name but his not on the list maybe he's been underpaid since he gain his legend status already. But in other hand I think pacquaio got that figures in every fight already especially he have sponsorship, pay per view shares and other more and maybe for that he got a lot of money in every fight he does.

R


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November 10, 2020, 09:34:31 PM
 #24

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.
I agree the amounts are huge but you know this is one sport where one mistake can lead to brain injuries which last forever and you can even die if things go wrong because it is high paced sport and I have seen deaths caused by the injuries sustained. You might want to see what happened with Frankie Campbell which even now makes me feel so bad and the referee should have been banned.

There are some lucrative prize money these fighters get but really they are risking their life for it and personally I would never risk my life for money because eventually you cannot buy life with money no matter how rich you are or how famous you are.

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November 10, 2020, 09:35:57 PM
 #25

^ On OP's list is the famous boxing champs and with their earnings, it is definitely a large amount but they are worthy of it because of the hardships that they went through just to become a champ. But I have read a story of a most legend boxing champ from the early 80's that all his riches went to waste because he wasn't able to manage it sad but true that some of them were not able to handle the fame they have gained. The boxing champs on the list are a private individuals and they can maintain their privacy somehow which will not give us information on how and where they are spending their wealth.
Many boxers are gone bankrupt because they didn’t manage their money well and as far as I know, Mike Tyson also file for bankruptcy. Anyway, I have to agree that they really work hard for this one and they really deserve those money. I wonder why Pacquiao is not the list considering he’s also a champion well maybe a lesser contract with Pacquiao, anyone knows here what’s the highest contract of Pacquiao?

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November 10, 2020, 10:01:13 PM
 #26

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!

I'm seeking also Pacquaio's name but his not on the list maybe he's been underpaid since he gain his legend status already. But in other hand I think pacquaio got that figures in every fight already especially he have sponsorship, pay per view shares and other more and maybe for that he got a lot of money in every fight he does.

Pacquiao is one of the highest paid athletes of all time but this list is only about the biggest contracts. If you add up all of Pacquiao's purses he's made almost half a billion dollars but he has never been exclusive to any network so he hasn't gotten this type of exclusive long-term contract.

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November 10, 2020, 10:06:26 PM
 #27

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.

For sure. Boxing has always been about fame and performance industry, similar to football.

What makes it even more of a money grabbing industry is the pain and damage you take after every fight. There's a reason boxers rarely go on after their mid 30s,

and because not many people have the appetite for continuous training, stress injury and constant damage the money only go to the limited few.

What's even more scary is not so much the amount they earn per fight but how little they have left after their boxing career ends. Just because you get lots of

money doesn't make you an expert in personal finance. That's not to say that all boxers end up in this position but there are some who definitely do. It's Crazy.

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November 10, 2020, 10:47:06 PM
 #28

On OP's list is the famous boxing champs and with their earnings, it is definitely a large amount but they are worthy of it because of the hardships that they went through just to become a champ. But I have read a story of a most legend boxing champ from the early 80's that all his riches went to waste because he wasn't able to manage it sad but true that some of them were not able to handle the fame they have gained. The boxing champs on the list are a private individuals and they can maintain their privacy somehow which will not give us information on how and where they are spending their wealth.
Many boxers are gone bankrupt because they didn’t manage their money well and as far as I know, Mike Tyson also file for bankruptcy. Anyway, I have to agree that they really work hard for this one and they really deserve those money.

they work hard for it and they deserve to spend it according to thier likings . the words that i said are the words that they will also reply if there are people that will scold them because they go bankrupt .

 it was a valid reason imo but if this is a hard earned money , wouldnt be better if you spend it on more worth it things too so that your hardwork for earning it wont be wasted big time . they are popular and thier fame are going to get affected if the public will know that they got bankrupt and its hard to hide it
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November 11, 2020, 03:34:48 AM
 #29

On OP's list is the famous boxing champs and with their earnings, it is definitely a large amount but they are worthy of it because of the hardships that they went through just to become a champ. But I have read a story of a most legend boxing champ from the early 80's that all his riches went to waste because he wasn't able to manage it sad but true that some of them were not able to handle the fame they have gained. The boxing champs on the list are a private individuals and they can maintain their privacy somehow which will not give us information on how and where they are spending their wealth.
Many boxers are gone bankrupt because they didn’t manage their money well and as far as I know, Mike Tyson also file for bankruptcy. Anyway, I have to agree that they really work hard for this one and they really deserve those money.

they work hard for it and they deserve to spend it according to thier likings . the words that i said are the words that they will also reply if there are people that will scold them because they go bankrupt .

 it was a valid reason imo but if this is a hard earned money , wouldnt be better if you spend it on more worth it things too so that your hardwork for earning it wont be wasted big time . they are popular and thier fame are going to get affected if the public will know that they got bankrupt and its hard to hide it

It's really a big disappointment if they go bankrupt with all those money. Yes, it's their choice where to spend it but once in their life they must think that if they don't spend it well or not even have atleast 1 business then sooner they will go bankrupt. They can't do boxing forever so while spending on what they want he should also secure his future so his family wouln't suffer in the future.
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November 11, 2020, 04:17:24 AM
 #30

We have no idea where they can invest their money but most likely to real estate properties. It is the first thing that they could invest with those huge deals. In sports, not only to boxing, an athlete can get the sponsorship of their lifetime.

Lifetime deals from a brand which can turn their life at its finest by just signing a deal. But it's not about how huge the deals they get but, it's about how they will use the money that they've earned to make more money.

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November 11, 2020, 08:12:01 AM
 #31


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


The best investments for this boxers are real state properties, or even boxing gyms. Boxers like Floyd wants to flaunt with their gold jewelries and expensive watches, so that is also a good investments as the price appreciate overtime. And then they have sponsorship, you can look at their shoes or the names strap on their shorts and you can tell that they are also being paid handsomely to carry that brand.
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November 11, 2020, 08:18:31 AM
 #32

Right, according to Leonard Ellerbe, Floyd Mayweather's new goal in life is to make $1 billion through property, doubling the money he made as a boxer. So he has plans to be the next self made billionaire by investing his boxing winnings through property.

So most likely other boxers in the list are making good investments of their own, except Mike Tyson, who lost everything he earned during his prime because he let someone make the decision for him, and Don King his promoter has something to do with it as well.
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November 11, 2020, 08:27:48 AM
 #33

We have no idea where they can invest their money but most likely to real estate properties. It is the first thing that they could invest with those huge deals. In sports, not only to boxing, an athlete can get the sponsorship of their lifetime.

Lifetime deals from a brand which can turn their life at its finest by just signing a deal. But it's not about how huge the deals they get but, it's about how they will use the money that they've earned to make more money.

That is right. If they can invest in the right investment, I am sure they will make more money. We don't have to search for what investment they use because I don't think they will tell us about it. Instead of searching for their investment, it is better to search for the right investment for ourselves to make money. Although the profit will not be too bigger than them, we can make money, which is important for us.

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November 11, 2020, 08:47:05 AM
 #34

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.

That's a huge amount of money but that's not a single fight. It's not that easy to have these kinds of contracts even if you're a professional boxer. These contracts only offered to the known or best boxers around the world. I'm curious about the biggest contracts of Manny Pacquaio if he has can someone put it here?
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November 11, 2020, 10:40:39 AM
 #35

We have no idea where they can invest their money but most likely to real estate properties. It is the first thing that they could invest with those huge deals. In sports, not only to boxing, an athlete can get the sponsorship of their lifetime.

Lifetime deals from a brand which can turn their life at its finest by just signing a deal. But it's not about how huge the deals they get but, it's about how they will use the money that they've earned to make more money.

Are you sure? I always think that these famous sports people in USA especially tend to just splurge most of their money. Even if they buy real estate they seem to buy huge mansions that require big upkeep, and eventually have to sell it on just to pay their debts;)

First thing to do if you win a lot of money: appoint a fund manager who keeps your money even from you!

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November 12, 2020, 08:35:38 PM
 #36

If you do have the money then you would need to be wise on spending it and these are example of to those past or known boxers that who went broke inspite of earning
multi-millions.
It shows that they havent handled up well their own money but once again "ITS NONE OF OUR BUSINESS".  Cheesy
If you take a look at all the list of fighters who made millions of dollars in their fighting career but forgot to save for their future, there is a recurring theme, everyone of these fighters came from really poor background and there might be time when they struggled to eat proper food on a daily basis and when these fighters get rich in a short period of time they have no idea how to manage the wealth they accumulated and go for a spending spree and then in no time they will forget about the time running out of their career. There are a lot of examples and hopefully fighters in the present and future will take these as a life experience and invest in things that could be sustainable.
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November 12, 2020, 09:30:23 PM
 #37

If you do have the money then you would need to be wise on spending it and these are example of to those past or known boxers that who went broke inspite of earning
multi-millions.
It shows that they havent handled up well their own money but once again "ITS NONE OF OUR BUSINESS".  Cheesy
If you take a look at all the list of fighters who made millions of dollars in their fighting career but forgot to save for their future, there is a recurring theme, everyone of these fighters came from really poor background and there might be time when they struggled to eat proper food on a daily basis and when these fighters get rich in a short period of time they have no idea how to manage the wealth they accumulated and go for a spending spree and then in no time they will forget about the time running out of their career. There are a lot of examples and hopefully fighters in the present and future will take these as a life experience and invest in things that could be sustainable.
Not the case for some boxer because even if you do came from poor and then suddenly to riches then it doesnt mean that you will really be having that kind of behavior.
If you are a type of person which do give out importance into your hard work then you would really have second thoughts on how to spend up your money wisely.
You would surely find investment opportunities specially if you are a family man then you will really have that thing in mind as a priority but there are indeed
cases where there are fighters do spend out lots on several things which ended up for them to be come bankrupt and when their career is over
then thats the time where they do really regret on what they have done.

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November 12, 2020, 09:36:23 PM
 #38

I also look forward to when Verhoeven and Hari will face each other again. They will also receive a considerable amount when they step back into the ring.
Badr Hari fights almost nowhere, boxing once a year and then again very rich. He has lost twice to Verhoeven on condition alone.
Who would be the highest paid fighter at the moment?

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November 12, 2020, 10:52:06 PM
 #39

We have no idea where they can invest their money but most likely to real estate properties. It is the first thing that they could invest with those huge deals. In sports, not only to boxing, an athlete can get the sponsorship of their lifetime.

Lifetime deals from a brand which can turn their life at its finest by just signing a deal. But it's not about how huge the deals they get but, it's about how they will use the money that they've earned to make more money.

Are you sure? I always think that these famous sports people in USA especially tend to just splurge most of their money. Even if they buy real estate they seem to buy huge mansions that require big upkeep, and eventually have to sell it on just to pay their debts;)

First thing to do if you win a lot of money: appoint a fund manager who keeps your money even from you!
Not bad to hire a fund manager but it's just going to be an additional expense. What's better for them is to gain financial education. Enrolling and spending on it which can be categorized as an investment for their money handling matters.

We have no idea where they can invest their money but most likely to real estate properties. It is the first thing that they could invest with those huge deals. In sports, not only to boxing, an athlete can get the sponsorship of their lifetime.

Lifetime deals from a brand which can turn their life at its finest by just signing a deal. But it's not about how huge the deals they get but, it's about how they will use the money that they've earned to make more money.

That is right. If they can invest in the right investment, I am sure they will make more money. We don't have to search for what investment they use because I don't think they will tell us about it. Instead of searching for their investment, it is better to search for the right investment for ourselves to make money. Although the profit will not be too bigger than them, we can make money, which is important for us.
Some could be vocal and open telling it to the public especially if they need exposure and to attract customers. That's publicity for them if there will be interviews like if they have invested in a business.

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November 12, 2020, 10:55:12 PM
 #40

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.

That's a huge amount of money but that's not a single fight. It's not that easy to have these kinds of contracts even if you're a professional boxer. These contracts only offered to the known or best boxers around the world. I'm curious about the biggest contracts of Manny Pacquaio if he has can someone put it here?



Source: https://www.sportekz.com/list/expensive-boxing-contracts-deals/


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November 12, 2020, 11:20:39 PM
 #41

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.
I agree the amounts are huge but you know this is one sport where one mistake can lead to brain injuries which last forever and you can even die if things go wrong because it is high paced sport and I have seen deaths caused by the injuries sustained. You might want to see what happened with Frankie Campbell which even now makes me feel so bad and the referee should have been banned.
Yeah! I agree on the point that it's reasonable for boxers to have high prizes because they do it in exchange of their health and wellness. However, I'm just sad that UFC fighters, which not only could get head injuries but also broken arms and legs, are less payed. Their contracts way lower than teh boxers. Thus any mixed martial arts competitors deserve a pay increase.
There are some lucrative prize money these fighters get but really they are risking their life for it and personally I would never risk my life for money because eventually you cannot buy life with money no matter how rich you are or how famous you are.
Well, you cam say it because you are not in love with the sport. But for the athletes out there, they are willing to takes risks because their passion is to fight. Sometimes it is not always about money Smiley.
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November 12, 2020, 11:25:38 PM
 #42

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.
I agree the amounts are huge but you know this is one sport where one mistake can lead to brain injuries which last forever and you can even die if things go wrong because it is high paced sport and I have seen deaths caused by the injuries sustained. You might want to see what happened with Frankie Campbell which even now makes me feel so bad and the referee should have been banned.
Yeah! I agree on the point that it's reasonable for boxers to have high prizes because they do it in exchange of their health and wellness. However, I'm just sad that UFC fighters, which not only could get head injuries but also broken arms and legs, are less payed. Their contracts way lower than teh boxers. Thus any mixed martial arts competitors deserve a pay increase.
There are some lucrative prize money these fighters get but really they are risking their life for it and personally I would never risk my life for money because eventually you cannot buy life with money no matter how rich you are or how famous you are.
Well, you cam say it because you are not in love with the sport. But for the athletes out there, they are willing to takes risks because their passion is to fight. Sometimes it is not always about money Smiley.

I guess, the audience of boxing sports is bigger than the UFC, so they can rake more money than UFC.
And with the sponsorship deals that come with it, that's why boxing seems to be more lucrative.
However, if you are a boxer, you should know your strengths and weaknesses, and really be discipline with yourself.
Though it is the same with other sports regarding discipline. But one wrong move, and it will really cost your life.
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November 13, 2020, 09:51:14 PM
 #43

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.
I agree the amounts are huge but you know this is one sport where one mistake can lead to brain injuries which last forever and you can even die if things go wrong because it is high paced sport and I have seen deaths caused by the injuries sustained. You might want to see what happened with Frankie Campbell which even now makes me feel so bad and the referee should have been banned.

There are some lucrative prize money these fighters get but really they are risking their life for it and personally I would never risk my life for money because eventually you cannot buy life with money no matter how rich you are or how famous you are.
That is the risk they take, at least many of those that take the path of boxing for the most part were really poor but they had the talent and the perseverance to make it to the top, but for everyone single star out there making millions on each fight there are probably hundreds of thousands with the same aspirations that never made it and yet they took the same risks.

After all only one hit is needed to change or even end a life as boxing is probably one of the few sports that is legally accepted in which at least a few die each year on the ring and we do not know how many end up with injuries that last for the rest of their lives.

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November 13, 2020, 11:40:14 PM
 #44

Canelo Alvarez is the biggest and the number one on the list and he deserves it but the contract fizzle out making him a free agent and will earn him more than we he is tied up to promoter's contract, I see him as the boxer with a huge in three years time, if he can keep up his winning records, I think those fights with Golovkin makes him on top of the list he should do a trilogy.

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November 13, 2020, 11:57:27 PM
 #45

You did your research and you know your stuff @OP and now I know too. I actually thought, the boxers through their managers actually bet against themselves for title and money but then, your write up gives a more detail as to how this huge funds lands in the hands of the boxers and it's something new to me. I really thought it was per fight based but, the contract nature of it could just be the perfect idea towards paying a boxer but, the way the fights are been fixed would be of great consideration as, you can't have an unstable or healthy boxer in the ring.

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November 14, 2020, 02:30:04 AM
 #46

This should start with Floyd Mayweather.

It is obvious how much money he earned from his previous fights including Manny Pacquiao and Connor McGregor. It is true that Canelo Alvarez has that great contract he separated so that deals off. From these contracts, Floyd is the high earner of all. As far as I know, Manny also has a great contract with Showtime, why is he not on the list?
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November 14, 2020, 05:02:17 AM
 #47

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/
I thought so, too. Being a fellow Filipino of PacMan, I know he also earns a lot of money in every fight, win or lose. And during this time of crisis, he uses it to help those citizens who are in great need of help.

With regards to those boxers mentioned in OP, since they have a lot of it, they can invest it in anywhere they want. I'm sure they'll engage themselves in businesses so that their money will still work for them even if they stop with their boxing career. I can't really think of anymore specific things they can invest in because with that amount, sky's the limit. It's really up to them. They'll just have to be wise so they won't end up being bankrupt.

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November 14, 2020, 06:59:57 AM
 #48

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/
I thought so, too. Being a fellow Filipino of PacMan, I know he also earns a lot of money in every fight, win or lose. And during this time of crisis, he uses it to help those citizens who are in great need of help.

With regards to those boxers mentioned in OP, since they have a lot of it, they can invest it in anywhere they want. I'm sure they'll engage themselves in businesses so that their money will still work for them even if they stop with their boxing career. I can't really think of anymore specific things they can invest in because with that amount, sky's the limit. It's really up to them. They'll just have to be wise so they won't end up being bankrupt.

For a legendary title with millions dollars of contract of prize + advertisement and others Pacquaio deserve on the list but as the creator of the list is only OP and this is not official though maybe he should research more about this since I'm sure there are other star who deserve to be on that list.

I believe marquez deserve a slot to.

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November 16, 2020, 10:57:56 AM
 #49

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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I'm surprised to see Canelo Alvarez on top of the standing, the fight with Triple G and his winning with Kovalev is what puts him on top of the standing, he still has many fights left in his career and there's a big possibility that he will become the highest earning boxing superstar because he is now a freelancer, he can also set up his own promotion like Pacquiao, DeLa Hoya and Mayweather.


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November 19, 2020, 05:52:52 PM
 #50

This should start with Floyd Mayweather.

It is obvious how much money he earned from his previous fights including Manny Pacquiao and Connor McGregor. It is true that Canelo Alvarez has that great contract he separated so that deals off. From these contracts, Floyd is the high earner of all. As far as I know, Manny also has a great contract with Showtime, why is he not on the list?
It seems the criteria of the OP is how big was your contract when you signed and not necessarily the money that you earned with the contract itself, after all it is described very clearly that Mayweather earned a lot more than what his contract stipulated and Canelo earned a lot less than what the contract said because he only fought 3 out of 11 fights and yet he appears on first place, which is not really that surprising taking into account that as inflation has gone up the contracts need to become bigger as well.


For a legendary title with millions dollars of contract of prize + advertisement and others Pacquaio deserve on the list but as the creator of the list is only OP and this is not official though maybe he should research more about this since I'm sure there are other star who deserve to be on that list.

I believe marquez deserve a slot to.
I do not know why Pacquiao is not on the list but maybe he never signed a big contract for many fights since he was not interested in being tied with a company for long or maybe this is just an oversight by the OP.

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