How To Make Money From Boxing In South Africa
What is Boxing?
Boxing is a sport that involves strategically punching an opponent while defending yourself from their return punches. Some amateurs practice boxing as a way to stay in shape. If you go to a boxing match, you’ll see two fighters in a ring surrounded by thick ropes.
How To Make Money From Boxing In South Africa
The vast majority of fighters make less than $100k per fight before taxes and expenses. After all the taxes and expenses, if you take home less than US$100k per fight, you are better off having a normal job working for a living. You have a very short career as a fighter and you take a lot of physical damage so $100k per fight is not much. Most fighters/boxers live in poverty after their career is done.
Make Money From Boxing (Besides Fighting)
1. Becoming a coach/trainer
2. Creating boxing content
3. Becoming a promoter
4. Becoming a boxing judge
Frequently Asked Questions (FAQs)
How do I start boxing for money in South Africa?
Steps to Become a Professional Boxer
- Find a gym. Finding a gym is the necessary prerequisite since all boxing careers start in the gym.
- Find a coach. After you pick your gym, you’ll need to find a coach.
- Train. Now that you’ve solved all the prerequisites, you can commence your training.
- Get a license.
- Have your first fight.
How much do beginner boxers make?
How Much Do Beginner Boxers Make in South Africa?
Average salary
| Amateur boxers (annually) | Beginning Pro boxers (annually) |
|---|---|
| Low: >$19,225 | Low: $22,000 |
| Median: $35,584 | Median: $51,370 |
How much money can you make off boxing in South Africa?
The average professional boxer could make between $22000 and $37000 a year, according to Combat Sports Events. But those earnings would be reduced as they don’t include travel, health, training, and management expenses, which have to be afforded by the boxer himself with those incomes.
How much do boxers make per fight in South Africa?
On average, boxers earn about $2,225 per fight early in their careers. More experienced professionals earn about $6,875 on an average per fight, before expenses and taxes. Most fighters only have about 4 to 5 fights per year, making them on average about $30,000 – $38,000 annually, excluding sponsors and endorsements.
Is 24 too old to start boxing in South Africa?
Though it may be challenging you can reach your boxing goals at any age and stage of life. It will take hard work and persistence but 24 years old (or older!) is never too late to start boxing. When you try your first boxing class be upfront about your goals with your trainer.
Do amateur boxers get paid in South Africa?
How Are Amateur Boxers Getting Paid?
Legally, following the rules 309.2 to 309.5 of the 2008/2009 USA Boxing Rulebook, amateur boxers are not allowed to receive any compensation (purses nor prizes) for competition at amateur level competitions.
Do boxers get paid if they lose in South Africa?
Yes, professional boxers get paid whether they win or lose a fight. In almost all cases, both fighters will receive compensation regardless of the outcome.
Can you make a living off boxing in South Africa?
Boxing is one of the few sports where athletes can be paid hundreds of millions for just one event. While boxers like Floyd Mayweather are extreme outliers, other less famous boxing champs can still make millions for a fight. That said, despite these possibilities, most boxers barely make any money at all.
How do you go pro in boxing in South Africa?
Requirements vary, but typically you’ll have to show that you are an experienced boxer of good moral character. The state will require medical tests such as neurological examinations, blood work and an EKG to prove you are physically and mentally fit to fight.
Why do boxers go broke in South Africa?
Boxers can lose money by lending money to family and friends. Big-time earners know that many people will try to get “loans” that they won’t be able to pay back. Boxers who are extremely tough in the ring may have a tough time saying no outside the ring.
Who gets paid more UFC or boxing in South Africa?
The money in boxing is unquestionably higher than it is in the UFC/Mixed Martial Arts industry. The top boxers can get paid multi-millions of dollars per fight, whilst top UFC fighters get paid a mere couple of hundred thousand.
What age did Mike Tyson start boxing?
Tyson made his professional debut as an 18-year-old on March 6, 1985, in Albany, New York. He defeated Hector Mercedes via first-round TKO. He had 15 bouts in his first year as a professional. Fighting frequently, Tyson won 26 of his first 28 fights by KO or TKO; 16 of those came in the first round.
How much does a low level pro boxer make in South Africa?
The average pro boxer earns $35,584 per year in a range that runs from $22,000 at the low end to $37,000 at the high end. Pro boxers have to pay their own travel, training and management fees from these earnings, so their take home pay may be far less than the figures suggest.