Highest Paid Boxers of 2020

Published 12/25/2020, 7:15 AM EST
LAS VEGAS, NV – AUGUST 08: Former heavyweight boxer Mike Tyson speaks during the third annual Nevada Boxing Hall of Fame induction gala at Caesars Palace on August 8, 2015 in Las Vegas, Nevada. (Photo by Steve Marcus/Getty Images)

The year 2020 has been an unprecedented calendar for boxing. While the sport had to take it down a notch owing to the COVID-19 outbreak, it managed to find its way back to normalcy by the end of the year, albeit without the fans.


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That said, boxing promoters didn’t rule out the expected blockbuster events and pulled them off behind the closed doors. Since live fan attendances were mostly banned in those events, Gate Sales suffered a significant blow.

However, the promoters still amassed enormous amounts, and some A-listed boxers need the credit for that. Despite having a complicated year, several pugilists earned enormous pay-checks.


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As we inch closer to 2021, here are the highest-paid boxers of 2020.

Tyson Fury

COVID-19 was still to prevent fan attendances when Tyson Fury knocked the WBC heavyweight title out of Deontay Wilder in February.

LAS VEGAS, NEVADA – FEBRUARY 22: Tyson Fury knocks down Deontay Wilder in the fifth round during their Heavyweight bout for Wilder’s WBC and Fury’s lineal heavyweight title on February 22, 2020 at MGM Grand Garden Arena in Las Vegas, Nevada. (Photo by Al Bello/Getty Images)

It was Wilder’s maiden loss in the professional run and one of the biggest wins in Fury’s career. According to Forbes, ‘The Gypsy King’ took an estimated amount of $26 million alongside the WBC strap home. Meanwhile, Fury’s book ‘Behind the Mask and ‘The Furious Method’ has also been top-sellers this year.


Mike Tyson

Nov 27, 2020; Los Angeles, CA, USA; Mike Tyson during weigh ins for a heavyweight exhibition boxing bout in Los Angeles. Mandatory Credit: Lynn Millspaugh/Handout Photo via USA TODAY Sports

2020 became more iconic when former world champions Mike Tyson and Roy Jones Jr. pressed pause on their retirements to fight each other in an exhibition clash on November 28. The fight took place in an empty Staples Center, but PPV records made it one of the biggest nights in boxing.

Tyson reportedly bagged $10 million from the fight and also earned a special WBC title. Despite being an inactive veteran, ‘Iron Mike’ earned an enormous amount compared to the other active boxers.

Canelo Alvarez

Dec 19, 2020; San Antonio, TX, USA; Canelo Alvarez is introduced before his WBA, WBC and Ring Magazine super middleweight championship bout against Callum Smith at the Alamodome in San Antonio, TX. Mandatory Credit: Ed Mulholland/Handout Photo via USA TODAY Sports

Coming off of a massive contractual rigmarole with Golden Boy Promotions, free-agent Canelo Alvarez earned a decent amount with just one fight in 2020.

He became the WBA, WBC and Ring super middleweight titleholder by beating Callum Smith via decision on December 19th.

Apart from that, he reportedly earned $20 million. Although it’s less than his $35 million fight contract with DAZN, Alvarez still bagged lucrative amount for himself.

Anthony Joshua

Boxing – Heavyweight World Title Fight – Anthony Joshua v Kubrat Pulev – The SSE Arena, London, Britain – December 12, 2020 Anthony Joshua celebrates winning his fight against Kubrat Pulev Pool via REUTERS/Andrew Couldridge

The unified heavyweight champion ended his KO draught by stopping Kubrat Pulev in the 9th round of their most recent fight. It was a huge win for Anthony Joshua, paving the way to a title unification matchup against WBC champion Tyson Fury.

Exact fight purse figures haven’t been disclosed, but Telegraph cites Joshua’s earning to be around $10 million in the fight. It wasn’t a huge number compared to his past fights.

Vasyl Lomachenko

LONDON, ENGLAND – AUGUST 29: Vasyl Lomachenko smiles during the Vasiliy Lomachenko and Luke Campbell press conference in the lead up to there WBC, WBA, WBO and Ring Magazine Lightweight World Title Fight at the Canary Riverside Plaza Hotel on August 29, 2019 in London, England. (Photo by James Chance/Getty Images)

Despite losing his unified titles to a 23-year-old Teofimo Lopez, ‘The Matrix’ still outclassed his adversary in terms of money. CBS claims Lopez took $1.5 million from the fight, and promoters promised Lomachenko somewhere around $3,5 million.


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However, due to pay-cuts and other financial turmoil, the Ukrainian took a reported $3.25 million. There were no gate sales, else the numbers would have most certainly gone through the roof. But Lomachenko bagged a whopping amount.

2021 can possibly bring back fans into its initial form as ‘AJ vs Pulev’ was held in front of a stacked Wembley Arena. It further validates more financial numbers into the sport.


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Do you think 2020 was an enormous year for boxing?


Raj Sarkar

1630 articles

A senior boxing writer at EssentiallySports, Raj Sarkar is a mass media graduate who is currently pursuing his master’s degree in broadcast journalism. In addition to his current role, he has worked with the MMA team at EssentiallySports and has interviewed prominent fighters such as Ritu Phogat and 'The Red King' Rory MacDonald. He combined his bachelor's degree with his adoration for combat sports and has a combined 2000 plus bylines in MMA and boxing over the last two years.