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There have been enormous bigwig boxers in the sport for several years. But no one could match the charismatic profile of Floyd Mayweather.

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He ranks among the finest ever to step inside the boxing ring and enjoy a career like no one else. Every fight Mayweather entered, he scored gratifying wins.

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Right from his debut until his last bout, Mayweather remained a favorite and stood true to the hype created around him.

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Mayweather was known for making blunt decisions both inside and outside the ring. And a major chunk of his decisions worked out pretty well for him.

But over anything else, ‘Money’ feels he made one life-changing choice that turned the tables in his favor. Speaking to Rob Moore about the same, he said, “Some of the smart moves that I made, just smart investments well.

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“Even in boxing, one of the smartest business moves that I made, I bet on myself. I bought myself on my contract for $7,50,000 and when I did that, I think it was the best thing for my career and for my family as well as my team.” 

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In his early boxing days, ‘Money’ was signed to Bob Arum’s Top Rank promotions. Mayweather was in his prime back then, and one of Arum’s top-rated fighters; however, in 2006, he declined his biggest paycheck worth $8 million to fight Antonio Margarito.

In an absolute shocker, ‘Pretty Boy’ paid $7,50,000 and opted out of Arum’s promotion to become a free agent. He received substantial backlash for this move, but nobody ever expected what the latter was up to.

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Floyd Mayweather began his own promotion company

The 12-time World Champion began his own promotional banner, Mayweather Promotions, after severing ties with Arum. This was undeniably a life-changing decision for him.

Ever since he began this venture, there was no turning back for him. Mayweather marketed his fights exuberantly under his promotion’s name. That said, he earned a share of the ticket price, PPV shares, and a lot more.

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With this, the size of his per fight paychecks just kept growing, and he became one of the highest-paid athletes on the planet. This was one of his masterstrokes in the sport and as he believes his ‘smartest’ move.

Mayweather Promotions is going super-strong even today. It promotes the rising stars as well as the veterans in the sport to their best extent.

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Written by

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Prathamesh Singh Chauhan

2,784 Articles

Prathamesh Singh Chauhan is a Boxing Author at EssentiallySports. He is a graduate from the International Institute of Sports Management who combines his love for sports, particularly combat sports, and his flair for writing and analysis to help him in his day-to-day work. He has prior professional experience with sporting organizations such as Star Sports, Khelo India, and NBA. Chauhan explores and analyses a sport he has been following ever since Anthony Joshua and Dillian Whyte engaged in a duel in 2015. He adores old-school punchers like Manny Pacquiao, as well as modern-day greats such as 'The Gypsy King'. In his downtime, he engages in rigorous workouts to cater to his love for fitness.

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