BOXING pros might take a few knocks in the ring but there’s one area in their life which never takes a blow – their finances.
With some commanding a $76million pay packet for just one bout, boxing can be a lucrative profession.
Retiree Floyd Mayweather Jr. has made a mint from his Las Vegas strip club
Anthony Joshua has become one of the highest paid Brit boxers of all time
And that’s not factoring in the countless sponsorship and endorsement deals each fighter can snag outside the ring.
From seven-figure streaming deals to strip clubs and documentaries, we reveal the deals behind top earners’ estimated net worths.
Deontay Wilder, $30m
Deontay Wilder made $20million for defeating Luiz Ortiz in a 2020 rematch
As one of the top heavyweights in the world, Wilder’s purses are in the millions.
He was paid $28million for his Tyson Fury rematch, and $20million for his Luiz Ortiz rematch in 2020.
But the boxer is no stranger to an endorsement deal – it is thought he had made $500,000 from brand work.
He’s put his name to Everlast Boxing, fast food restaurant Raising Cane’s and PureKana CBD.
Gennady Golovkin, $35m
Gennady Golovkin could be in for earning megabucks after a $100m streaming deal
The Kazakh star may not be a big personality but he’s certainly unleashed his earning potential.
Last year, Golovkin was thought to pocket $20million from his bout with Mexican fighter Canelo Alvarez.
And he could rival Alvarez’s earning potential too – he signed a three-year six-fight agreement for $100million with streaming site DAZN.
He has also had sponsorship deals with Nike, Hublot watches and Tecate beer during his career.
Amir Khan, $40m
Bolton’s Amir Khan isn’t afraid to show off his $40m fortune on reality TV
The catchweight was handed a two-year ban for unintentionally doping but is in no danger of going broke.
Khan reckons he’s made over $80million over the course of his boxing career.
But in his reality show Meet the Khans, his wife Faryal Makhdoom took control of his finances after Khan admitted he had “no idea” where $6.25million of his own cash had gone.
He and his wife have been building a luxury wedding venue in his hometown Bolton.
Oleksandr Usyk, $56m
Ukranian Usyk has made over £1million of his fortune from endorsement deals
Before his two fights with Anthony Joshua in the last two years, the Ukrainian had only received two purses over £1million.
Without the two Joshua fights, Usyk’s career earnings would be around an estimated £6million but the profile boost has landed him in good stead.
The low key fighter’s endorsement deals are thought to be worth around $1.2million with clothing maker Jaxet, BoxRaw and WePlay Esports.
Wladimir Klitschko, $90m
Klitschko could bolster his fortune with a promised upcoming bout against Tyson Fury
For Klitschko’s last two fights he earned a staggering $36million in total, sweetening his defeats against Fury and Joshua.
Although he retired in 2017, he earned an estimated pre-tax $200million during the entirety of his boxing career.
Hunky Klitschko – who once dated actress Hayden Panettiere – also earned a fair whack from sponsorship deals with Hugo Boss, gym McFit and Mercedes Benz.
Last year, he joined the Ukrainian Territorial Defence Brigade in the war against Russia but has been plotting a return to the ring to fight Fury.
Canelo Alvarez, $180m
Canelo is on a path to become one of the richest sportsmen
The Mexican super middleweight signed a $365million fight contract with Oscar De La Hoya’s promotion company and DAZN.
The deal has set Canelo on a path to become one of the richest sportsmen.
Between June 2018 and June 2019, Canelo earned $95million from his fights and deals, according to Marca.
He’s sponsored by Mexican beer company Tecate, cognac Hennessy and Cleto Reyes boxing gloves.
Tyson Fury, $162m
Tyson Fury has earned his millions both in and out of the ring with a Netflix series and book deals
The Gypsy King signed a $99million contract for five fights from ESPN in 2021.
Fury picked up $27.5million for his third fight with Deontay Wilder, $31million against Dillian Whyte and $26million in his most recent clash with Derek Chisora.
And the Morecambe-based boxer’s cheeky personality leaves him in demand for personal appearances too.
He was paid $15million for a single appearance at WWE’s Crown Jewel pay-per-view in Saudi Arabia where he wrestled Braun Strowman.
His Netflix 10-part docuseries and his four autobiographies will no doubt have paid a pretty penny too.
Anthony Joshua, $211m
Anthony Joshua’s endorsement deal with Under Armour has put the sports brand on the map
The Watford-born powerhouse reportedly earned a staggering $76million for his rematch with Oleksandr Usyk last year.
Recently he left Sky Sports to sign an exclusive contract with DAZN that will see him rake in another $125million in exchange for two fights every 12 months until he retires.
But outside the ring Joshua is expected to have raked in at least $122million through coveted sponsorship deals.
Sports clothing Under Armour, Hugo Boss, Land Rover and Jaguar are all worth millions to Joshua and saw him earn a total of $11million in 2021.
Manny Pacquiao, $220m
Manny Pacquiao was the second richest athlete in the world in 2015
During his career, Pac-man has earned at least $500million from fights and endorsements including a $35million from a fight against Miguel Cotto.
In 2015, Forbes named the Filipino the second richest athlete in the world.
He retired from his fighting career in 2021 and has since had cameos in mainly Filipino movies.
He also served as a senator in the Philippine government from 2016 to 2022 and was a presidential candidate in the 2022 elections.
But he’s put his good fortune to use too – in 2015 he built 1,000 homes for the poor in the Philippines.
Floyd Mayweather Jr, $450m
Floyd Mayweather Jr. has been plotting a return to the ring against mafia grandson John Gotti III
The exhibition fighter has made his millions through his pay-per-view bouts – with him featuring in four of the most watched fights.
He’s also invested in some savvy business ideas in his downtime.
He runs his own promotions company who represent 12 boxers and will take a cut from their earnings.
Watch company Hublot, Burger King and gambling company Fanduel all reportedly have paid Mayweather to be the face of their brands.
He also owns Vegas strip club Girl Collection which has takings of up to $250,000 on fight nights.
Frequently Asked Questions
What is the best way to practice boxing with no partner?
If you’re looking for a partner to practice boxing, you can watch boxing matches on television. You might also be able to find an amateur club nearby. Amateur boxing clubs hold regular training sessions. These sessions typically involve sparring partners, who often hit pads together.
Boxing can also be practiced using punching bags. Before hitting the bag you should make sure you are wearing protective gear, such as gloves.
What are the 7 punches of boxing?
Boxing uses seven punches: jab, hook, hook, uppercut and straight right. These punches will be used to attack the opponent’s head, body and legs.
How long does a boxer train per day?
Boxing trainers typically train for at least four hours per day. They also study boxing techniques and learn new moves. Boxers sometimes spar 10 times per semaine.
Statistics
- You want to be running at roughly 75-80% of your top speed..5 mile slow, easy recovery jog at the end.[6]X Research source 2Mix in long runs, shadow boxing, and short sprints on non-interval days. (wikihow.com)
- This article received 39 testimonials and 89% of readers who voted found it helpful, earning it our reader-approved status. (wikihow.com)
External Links
expertboxing.com
en.wikipedia.org
How To
These are the basic skills of boxing
How to box efficiently
Boxing is one of the most popular sports in the world. Two opponents fight each other to the death. Boxing rules vary from one country or another. In general, there are three types of boxing; Amateur, Professional and Olympic boxing.
Amateur boxing is often practiced at school, college, or university. This type of boxing allows sparring without protection. Amateur boxing contests are usually three rounds in length, lasting five minutes each. There are many different styles of amateur boxing including Kickboxing, Muay Thai, Taekwondo, Karate, Judo, Wrestling and others.
Most professional boxing takes place in gyms, clubs, and stadiums. They are equipped with protective equipment including a mouthpiece and nose guard, shinguards as well as elbow pads, knee pads. Waist belts and groin protectors. Professional boxing competitions have six rounds that last four minutes each. There are many different types of professional Boxing such as Boxing, MMA, Kickboxing, Muay Thai or Taekwondo.
Olympic boxing can be seen at the Olympics. Special protective gear must be worn by boxers to ensure compliance with international standards. The competition lasts approximately three minutes for each round. Olympic boxing can be divided into two types: Light Flyweight (Heavyweight) and Heavyweight (Light Flyweight).
Boxing’s fundamental skills are:
- Punching techniques
- Techniques for protecting yourself
- Footwork
- Stance
- Movement of the body
- Defense
- Combination
- Rotation
- Spare parts
Punching Techniques
There are seven types. Each punch has its own technique. Some punches require more strength than others. An uppercut, for instance, requires tremendous strength. On the contrary, a straight punch takes less power but is faster than most punches.
There are many combinations that can be used to punch. These are combinations that combine punches to accomplish a particular goal. A combination may contain several parts. A left hook followed with a right-cross will cause injury to the opponent’s jaw.
Guard Techniques
A boxer protects himself by using his body. He does this using his legs and arms, elbows as well as hands, knees and feet.
Legs
A boxer must use his legs to defend against kicks. When he’s hit, he raises his right leg and runs away from the attacker. If the attacker is coming from the front, he will bend at the knees to avoid getting kicked on either side. But if the attack comes in the back, he will stand straight and block the kick using his foot.
Elbows
Elbow strikes are very powerful because they inflict great pain. You can either deliver an elbow strike directly, or indirectly. Directly means you hit your opponent directly with your forearm. While indirectly, it means you hit him with another section of your arm.
Hands
Boxers use both their hands and arms to prevent incoming blows. Boxers raise their fists to block incoming blows and then move in the direction of the attacker’s attack. They then touch the attackers fist.
Knees
A boxer should bend his knees in order to absorb any blows to his stomach, abdomen, chest or stomach. For defense purposes, knee strikes are common.
Feet
A boxer should take control of an attack and respond with counter-attacks. He can then gain distance from his opponent. Boxers should also keep their balance when counter-attacking.
Stances
Boxing is only possible if a boxer has a clear stance. The way he defends himself will be determined by his stance. It is how he positions himself and where he faces the opponent. Boxers can take many different stances. Here are some of the more popular ones:
- Low stance
- High stance
- Southpaw stance
- Western stance
Moving your body
A boxer must change his position, speed and rhythm in order to win the fight. This includes changing speed, position and rhythm.
Rotation
A boxer will rotate his arm when he is throwing a punch. Depending on what punch is being thrown, the speed of rotation varies.
Combinations
The effectiveness of a combination depends on the timing of each individual punch. A combination is good if it starts with a strong punch then ends with a weaker one.
Spare parts
Sparring, a boxing practice session, is designed to improve your boxing skills. During sparring sessions, a boxer trains his mind as well as his body. In conclusion, the purpose of sparring is to learn how to fight and not get hurt.
Learning to box takes dedication and patience. To become a better boxer, you must train hard and for a long time.
