Most people don’t get into boxing for the money, but some of the highest-paid boxers have made an astonishing amount of money from the multiple income streams created throughout their careers. While only a handful of boxers can earn critical acclaim and fortune in their profession, if you make it to the top, boxing is 100% the sport that earns the most money per time spent in the ring. Here are the top 20 richest boxers in the world.
- The average salary of professional boxers is $35,584 per year in a range that runs from $22,000 at the low end to $37,000 at the high end.
- Only the top 1% of all professional boxers earn more than a million dollars per year, the lowest 10% of all professional boxers earn less than $19,220 per year.
Boxers earn cash through various streams like base salary per fight, pay-per-view sales, endorsements etc. Their income isn’t constant. The payouts can range dramatically from one fighter to another depending on the level of opposition, the prominence of the occasion, viewership, individual contracts and entertainment value.
- The median salary for a professional boxer is $51,370. This means half of professional boxers earned less. Only 1% earn over $1 million yearly. The lowest 10% earn under $19,220.
- On average, professional boxers make $950-$3,500 per fight. Less experienced fighters compete for lower purses around $2,000. More experienced boxers earn around $7,000 per fight. Amateurs in the World Series of Boxing earn a $5,000 bonus per win.
Most people don’t get into boxing for the money. If you make it to the top, boxing is the sport that earns the most money per time spent in the ring.
- Boxers have to pay their own travel, training and management.
- Boxers earn cash through various streams like base salary per fight, pay-per-view sales, endorsements etc. Their income isn’t constant. The payouts can range dramatically from one fighter to another.