How Much Pro boxers REALLY GET PAID!

Summary

This video dives into the wealth and extravagance of top boxers, focusing on icons like Floyd Mayweather and their luxurious lifestyles. It contrasts these riches with the surprisingly low earnings of average professional boxers, revealing that many only make around $50,000 annually. Featuring insights from former professional Anthony Joshua, it highlights the financial struggles many fighters face, despite the glamour seen at the top. The video also showcases some of the most extravagant purchases by the wealthiest boxers, like Mike Tyson's $2.2 million gold bathtub and Mayweather's $18 million watch.

Takeaways

• 💰 Boxing is often associated with wealth, especially when thinking of Floyd 'Money' Mayweather.
• ✈️ Mayweather's wealth is evident in his private jets, luxury cars, multiple houses, boats, and numerous women.
• 💸 Despite the wealth flaunted by top boxers, the reality is that only a few achieve this level of financial success.
• 😮 Average salary for a professional boxer is surprisingly low at $50,000.
• 🛁 Mike Tyson once bought a $2.2 million gold bathtub as a gift for his ex-wife.
• 🚤 Canelo Alvarez owns a $45 million yacht.
• ⌚ Floyd Mayweather owns an $18 million watch called the 'billionaire'.
• 👕 Mayweather only wears underwear once, costing him over $6,500 a year.
• 📉 The top 1% of boxers have extraordinary wealth, but the average boxer's earnings are quite modest.
• 🥊 Ex-professional boxer Nancy Joshua shared that early in his career he earned as little as £600 per fight and later on got around £3,000 to £4,000 for fighting good opposition, with his biggest purse being £10,000.

Q & A

What is the nickname of Floyd Mayweather, and why is he associated with wealth in boxing?

Floyd Mayweather is nicknamed 'Money' because of his immense success and earnings in the sport of boxing, which has made him one of the wealthiest athletes in the sport.

What are some of the luxurious items owned by Floyd Mayweather mentioned in the script?

The script mentions Floyd Mayweather owning private jets, cars, houses, boats, and an 18 million dollar watch named 'The Billionaire'.

What is the estimated annual cost of Floyd Mayweather's underwear habit, as described in the script?

According to the script, Floyd Mayweather's habit of wearing underwear only once and then disposing of it costs him over six thousand five hundred dollars a year.

What is the average salary for a professional boxer, as mentioned in the script?

The script states that the average salary for a professional boxer is fifty thousand dollars.

How much did Anthony Joshua reportedly earn for his first five fights according to the script?

Anthony Joshua reportedly earned 600 pounds for his first five fights, as mentioned in the script.

What was the prize money Anthony Joshua received for reaching the semi-finals of the Prizefighter competition?

Anthony Joshua received eight thousand pounds for reaching the semi-finals of the Prizefighter competition.

What is the significance of the 24-hour fight mentioned in the script?

The script implies that Anthony Joshua took a fight on short notice, and his earnings for that fight increased to 10 grand, which was his biggest purse at the time.

How often did Anthony Joshua fight during his career, as suggested by the script?

The script suggests that Anthony Joshua fought three or four times a year during his career.

What are some of the expenses a professional boxer like Anthony Joshua had to consider, according to the script?

The script mentions expenses such as paying for trainers, the boxing board, and taxes as part of the financial considerations for professional boxers.

What was Anthony Joshua's perspective on his earnings throughout his boxing career as depicted in the script?

Anthony Joshua expressed that while he enjoyed his boxing career, he acknowledged that he did not make as much money as he might have wished, and he did not reach the level of the top earners in the sport.

What is the main message conveyed by the script regarding the financial disparity between top-earning and average professional boxers?

The script highlights the significant financial disparity between the top-earning boxers, who can afford extravagant purchases, and the average professional boxer, who earns a relatively modest salary.

Outlines

00:00

💰 The Lavish Lifestyle of Boxing's Elite

Boxing is often associated with immense wealth, with Floyd Mayweather being a prime example of financial success in the sport. The opulent lifestyle includes private jets, luxury cars, extravagant houses, boats, and the company of beautiful women. Despite this, only a few boxers achieve such wealth. The video discusses the contrast between the wealthiest boxers and the average professional boxer's earnings.

🛥️ Extravagant Purchases by Top Boxers

Highlighting some of the most extravagant purchases by elite boxers: Mike Tyson's $2.2 million gold bathtub, Canelo Álvarez's $45 million yacht, Floyd Mayweather's $18 million watch, and Mayweather's quirky habit of wearing and disposing of underwear daily, costing him $6,500 annually. These examples illustrate the vast wealth of boxing's top one percent.

📉 The Reality of Average Boxer Earnings

The average salary for professional boxers is surprisingly low at $50,000. Anthony Joshua's former opponent discusses the financial struggles of a typical boxer, revealing that initial fights earned him only £600. As his career progressed, expenses increased, including paying for opponents and tickets. Even notable achievements like reaching the semi-finals in a prize fight brought modest earnings. Despite fighting top opponents and Olympic champions, earnings were limited, making boxing a challenging profession financially.

Keywords

💡Floyd Mayweather

Floyd Mayweather is a retired American professional boxer known for his immense wealth, which he flaunts through luxurious purchases like private jets, expensive cars, and houses. He is often referred to as 'Money Mayweather' due to his financial success in the sport. In the script, he symbolizes the pinnacle of financial achievement in boxing.

💡Private Jets

Private jets are a symbol of extreme wealth and luxury. In the context of the video, they represent the opulent lifestyle that successful boxers like Floyd Mayweather can afford. The mention of private jets highlights the extravagant ways in which these athletes spend their earnings.

💡Gold Bathtub

A gold bathtub is an example of an extravagant purchase made by wealthy individuals. In the video, Mike Tyson's $2.2 million gold bathtub, which he gifted to his ex-wife, illustrates the absurd levels of luxury that top-tier boxers can indulge in.

💡Average Salary

The average salary refers to the typical earnings of a professional boxer, which is stated to be around $50,000. This figure is used to contrast the immense wealth of top boxers with the relatively modest earnings of the average professional in the sport, highlighting the disparity in income within the boxing world.

💡Prizefighter

A prizefighter is a boxer who competes for monetary prizes. In the script, the term is used when discussing the earnings of a boxer who reached the semi-finals of a prizefighting competition, earning £8,000. This concept underscores the financial struggles and opportunities within the sport.

💡Yacht

A yacht is a luxury boat, often associated with wealth and leisure. Canelo's $45 million yacht is mentioned in the video to showcase another example of the extravagant spending by top boxers. It serves as a testament to the vast amounts of money that can be earned and spent in the sport.

💡Watch

In the video, an 18-million-dollar watch named 'The Billionaire' owned by Floyd Mayweather exemplifies the lavish purchases made by the richest boxers. This emphasizes the extent of their wealth and their penchant for acquiring high-value items.

💡Boxing Board

The boxing board is a regulatory body that oversees professional boxing matches and fighters. Boxers must pay fees to the boxing board, which adds to their expenses. This concept is used in the script to explain the financial burdens faced by professional boxers beyond their earnings from fights.

💡Tax

Tax is a mandatory financial charge imposed by governments on income, businesses, or activities. In the video, it is mentioned that boxers have to pay taxes on their earnings, which further reduces their take-home pay. This highlights the financial challenges boxers face despite seemingly high incomes.

💡Opposition

In boxing, opposition refers to the opponents a boxer faces in the ring. The script discusses the transition from fighting lower-level opponents to taking on more challenging and reputable fighters, which impacts a boxer's earnings and career progression. This term illustrates the competitive nature of the sport and the varying levels of challenge and reward.

Highlights

Wealth in boxing is often associated with Floyd Mayweather, known as 'Money' Mayweather.

Mayweather's wealth is demonstrated through his luxurious lifestyle, including private jets, cars, houses, and boats.

Despite the perception, not all boxers earn millions; it's a dream for many but a reality for very few.

The channel encourages viewers to like and subscribe for more content on boxing earnings.

The video features a conversation with a previous boxer, Joshua, to discuss earnings in boxing.

Among the top 1% of boxers, Mike Tice is known for his extravagant 2.2 million dollar gold bathtub.

Canelo owns a 45 million dollar yacht, showcasing the wealth of top boxers.

Floyd Mayweather is mentioned again for his 18 million dollar watch named 'The Billionaire'.

Mayweather's peculiar habit of wearing underwear only once, costing over $6,500 a year, is highlighted.

The average salary for a professional boxer is surprisingly low at $50,000.

Joshua shares his personal boxing earnings journey, starting with £600 for his first five fights.

As Joshua's career progressed, he had to invest money into his fights, with variable earnings.

Joshua's highest earnings were around £10,000 for a fight, emphasizing the financial challenges of boxing.

The video discusses the costs associated with training, boxing boards, and taxes for professional boxers.

Joshua reflects on his boxing career, expressing enjoyment despite not reaching the highest earnings level.

The video concludes with Joshua's acknowledgment of the hard fights he took to progress in his career.

Transcripts

boxing easy money right

when you think of wealth in boxing

naturally you think of Floyd Money

Mayweather isn't more than anyone ever

in the sport and just look how happy

it's made him wait a second

that's better the private jets

the cars I'm the money man remember that

the houses

[Music]

the boats

and of course the woman

says every boxer earning Millions it's a

dream for many in reality for very few

please drop a like to subscribe really

helps me build the channel

stick around to the end I'll speak to a

previous answer Joshua phone him see how

much you get paid to find and deal with

this

it's not a lot you'd be surprised so if

all the flexing from the richest boxes

around the world we've got to be in a

lot right here are some of the most

lucrative purchases made by the top one

percent number four is just ridiculous

number one Mike Tice 2.2 million dollar

gold bathtub which he actually gifted to

his ex-wife number two canelo's 45

million yacht

number three Floyd Mayweather 18 million

dollar watch named the billionaire

number four Floyd Mayweather again weird

Flags but Floyd only wears underwear

once he dispose them after each day this

costs him over six thousand five hundred

dollars a year it's clear that the top

one percent have more money than most

could ever dream of

so how much does the average box get

paid it's surprisingly low

fifty thousand dollars is the average

salary for professional boxer which in

my opinion isn't a lot to deal with

things like this

going right in

highest X professional and Nancy Joshua

Poland or butlin how much he got paid

for his fight career including against

AJ here's what he had to say this is a

good question how much was Union

throughout your fight VMA been

interesting video so

when I was just starting I think the

first five got 600 Quid you didn't have

to worry about selling tickets the

further along you went

the whole game sort of changed where you

had to put a thousand Pounds into the

show you had to pay for your opponent

and whatever's left you got so then all

of a sudden I did the prize fire I got

got to the semi-finals

and I've got eight thousand quid I'm

like I'm not gonna look at this so let's

start taking fights in short notice

fighting abroad against good opposition

not fighting bums kids on the debuts or

anything I'm fine good opposition uh

Olympic champions for that I was

probably getting three or four grand to

fight

um I took another 24 hours now it's got

10 grand for that and I think that was

the biggest purse so we're fighting

three or four times a year it's not a

lot of money you break it down when you

play any trainers you're playing the

boxing board when you fight a board you

have to put uh pay tax as well yeah

let's see the top of your game

it's not very lucrative but it is what

it is I enjoyed it

I couldn't wish I'd have made more money

but I just didn't get to that level

listen I was never a will be that's why

I taught them hard fights