Re: Why Are The US Heavweights So Poor Now?
Boxing doesn't offer long-term income-based contracts like basketball, football or soccer do.
Which contract what you choose? Become a pro boxer and make 50k on your debut fight, and continue to do so 3 times a year. If you lose twice in a row you're pretty much done and can go to flipping burgers at Wendys. Luck plays a big role. Picking the right opponents, not getting a freak cut in a fight etc.
Or get drafted by one of the clubs, get a 500k+ net guaranteed income a year for the next 3 years, with a chance of extending it until you're 35.
Hypothetically let's say you're ranking at #55 in your profession (NBA/NFL/Soccer/Hockey or Boxing). Where do you make the most money for the least career/health risk? Definitely not in boxing.