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Author Topic: PRIZE OF FIGHTING Boxing’s biggest contracts revealed  (Read 270 times)
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November 10, 2020, 07:32:05 PM
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 #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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