How often is it that pro boxers end up as millionaires??

The dead zone...Phoenix Home of past boxer Michael Carbajal Alice Cooper,Da Suns, Da Cards. 122 degrees in August... Right on. Im in Mesa. You'll find lots of guys from AZ on here.

what part of AZ? The dead zone...Phoenix Home of past boxer Michael Carbajal Alice Cooper,Da Suns, Da Cards. 122 degrees in August...

Sorry I answered ma own question....lol what part of AZ?

I can only name about 4-5 guys who get paid 1 million per fight on a regular basis. very very very few ever make it that far

Sorry I answered ma own question....lol

292,556 Boxers active in the last year: boxrec.com

Millionaire boxers are one in a million! 1 in a million? You think so? Seems like it would be a higher number of rich fighters. How many pro fighters are there in the world?

There are a small amount of boxers who actually will generate over a million dollars in their careers. Those who are fortunate enough to make that kind of money do not realize that the ride is a short lived one and they tend to squander what ever they may have earned through their careers. Most boxers come from a low income family, have a low level of education and generally do not know how to handle all of the money. Consider also that they pay their managers around 30-35% of the purse, then they pay their cut men, corner men and trainers. This is paid from what is left after Uncle Sam takes his huge cut. Fighters are a rare breed that will go through the torturous training every day in hopes of making the money. Most will never earn enough per year to live on alone, therefore most fighters will also have a job that they tend to when not training. You want to see if you got what it takes to fight? I say first lets see if you have what it takes to give everything that you have in the gym, then go to work for 8-10 hours after that. You will not recieve any compensation for months of training at a time. If you really believe that you have what it takes and can live at a level of poverty while your doing it then you may have a chance. Otherwise, I would recommend staying in school and getting that piece of paper that the world thinks makes a man. The Ghost of Rockin' :boxing: but wouldn't it be easier then instead of squandering it to just invest the million dollars they make into a successful company?? why don't they ever do that? plus as you said most aren't very educated, how exactly do they get by financially when they go into retirement then??

Millionaire boxers are one in a million!

all you people talk about Don King like is the only guy doing that Arum does the same thing its like Larry Holmes said about King "i'll sign with King anyway let him over me a contract he can only cheat you if you let him"

for a boxer to end up a millionaire they have to invest their money wisely, be a self promoter and have marketabilty and most important have people around you that have your best intrest at heart...for example george foreman is a multi millionaire every body and their mother got one of his grills...rjj is a millionaire w/o ever having a promoter he always did his own negotiations and had side deals for example with the jordan brand...odlh probably the richest boxer ever will use anything to make money for example his looks invested his money has his own promotion co.....tito trinidad also invested his money well and can say he did not get screwed by king because he had a loyal circle around him for example his dad was his manager so you know he was not going to let his son get screwed over by king....

It would probably help to have a sponsor. But that takes having talent and exposure. When Ali came home with the gold he had a group of business men waiting to sponsor his pro career. They invested a million bucks or so. Or one could have cult status ala Kimbo Slice, although hes a thug ex convict rapist, he's somewhat known. etc. etc. etc thats how im going to get known with exposure. Im going to have a website, plus i'll have kevin rooney hopefully

It would probably help to have a sponsor. But that takes having talent and exposure. When Ali came home with the gold he had a group of business men waiting to sponsor his pro career. They invested a million bucks or so. Or one could have cult status ala Kimbo Slice, although hes a thug ex convict rapist, he's somewhat known. etc. etc. etc

Most low doen pros need a secon job to survive. It usualy matters who you are. If you are an olympic gold medal winner you will make more on your pro debut than just an average guy turning pro. When you first turn pro you usually get paid £/$100 per round. When your fighting 4 round fights thats not very much, especially since your pay is taxed and your only fighting every few weeks or months.