golden boy promotions net worth
Commanding $20 million per fight, the seven-time world champ has hauled in at least $150 million since 1993, the year after he turned pro. Golden Boy will promote the fights with Las Vegas-based Top Rank Promotions, headed by De la Hoya's longtime promoter Bob Arum. Schaefer says the suit is no longer pending.) Once established as rising contenders, they're primed for national television. Unfortunately, things didn't turn out smoothly between the two, and their relationship ended in 2000. However, the team hasn’t seen much success since De La Hoya joined the franchise. It made him an instant sensation as he was regarded as the youngest American boxer at the Goodwill Games to win a gold medal. After 4 years in business school & working for multinational clients, he believes his writings can make the world a better place. De la Hoya's dad signed the Mexican-born Ponce after watching him knock out 13 opponents in California and Mexico. "De la Hoya-Hopkins will be one of the biggest fights ever," says Ross Greenburg, head of HBO Sports.

Since then, De La Hoya’s efficiency at the ring started to fade, losing one match after another. If De la Hoya and Hopkins, both heavily favored, win their respective bouts, they will fight in September for the middleweight crown and a combined $30 million purse. Recognizing that 41% of all televised boxing is on Spanish-language networks, he favors Hispanic nonheavyweights like himself. He is considered… You can't win fans with family image alone. He came from a family of boxers as his grandfather Vicente, father Joel Sr., and brother Joel Jr. were all in the sport. De La Hoya dominated six different weight classes and took home a gold medal at the 1992 Barcelona Olympics. Fans have registered their disgust. Oscar holds an amateur career record of 234 wins, with 163 of it being knockouts, and six losses. He got his first loss from Felix Trinidad and another two more losses from Shane Mosley. Due to his passion for boxing, Oscar founded a company and named it Golden Boy Promotions. One of Oscar’s first greatest achievements was when he won the National Golden Gloves title in the bantamweight class.

In 2000, Oscar released another album titled "Oscar De La Hoya." The first people that come to mind when we talk of boxing are Mike Tyson, Muhammad Ali, Joe Frazier, Manny Pacquiao, and Sugar Ray Robinson.

If a fighter piques his interest, he personally approves the contract, then passes the young gun to Eric Gomez, his best friend from elementary school and head matchmaker. The young Oscar drew inspiration from her mother’s last words, and in the process, won the gold medal at the 1992 Barcelona Olympics. "I am proud to fight for a legend like Oscar," says Ponce. The couple has two children, Oscar Gabriel and Nina Lauren. Sure, they’re boxing legends, but that doesn’t mean you can forget the Golden Boy, Oscar De La Hoya. Golden Boy Promotions. Most of his net worth comes from his boxing career and promotion. In June Golden Boy will send its biggest moneymaker into the ring. Having won 10 world titles in six different weight categories proves that he’s a rare breed and worthy to be considered as one of the greatest boxers of all-time. Stops Samuel Vargas in Round 7, Vergil Ortiz Jr. vs. Samuel Vargas Official Weigh-In, WBA, WBC, Lineal, and Ring Magazine Middleweight World Champion & WBA Super Middleweight World Champion, FEMALE INTERIM WBA WORLD FLYWEIGHT CHAMPION. This was during a fight against Jimmy Bredahl where he claimed the WBO Super Featherweight belt. (Ponce floored Figueroa in the sixth round with a series of devastating left hooks, extending his undefeated streak to 17 wins.) Average boxing viewership at ESPN2, the only English-language basic cable network with weekly boxing programming, fell 6.6% last year to 297,000 households, reports Nielsen Media Research. ... After his retirement from boxing, property dealings have become Oscar de la Hoya net worth significantly. Which is why De la Hoya scouts constantly for new talent. Golden Boy Promotions, Inc. is an American boxing and mixed martial arts promotion firm based in Los Angeles, California.The company was established in 2002 by eight-time world champion (in six divisions) Oscar De La Hoya.Nicknamed "Golden Boy" by media, De La Hoya is one of boxing's most active and high-profile promoters, presenting shows worldwide. He also owns a condominium in Pasadena, California that’s reported to be worth $2.65 million. That doesn't include the per-episode ticket sales of $120,000 or so and ads on the ring's canvas and posts, around $30,000. In fact, his first album titled "Oscar" was released in 2000. Embed from Getty Imageswindow.gie=window.gie||function(c){(gie.q=gie.q||[]).push(c)};gie(function(){gie.widgets.load({id:'7HkLxaKTQDdDF2nZss6XHg',sig:'bQnTFVy1BmZ1McnqD81v8FrWDbF7iu8mxQ_egKwH2z8=',w:'594px',h:'399px',items:'315515',caption: false ,tld:'com',is360: false })}); De La Hoya ended his career with an impressive record of 39-6, 30 of which were knockout wins. However, De La Hoya wasn’t just a boxer, because much to everyone’s surprise, he’s also a professional singer! Unranked prospects appear in off-TV bouts in small arenas, hotels and casinos; for the bimonthly Battle in the Ballroom series at the Irvine Marriott hotel Golden Boy nets only about $10,000 per fight--on 1,400 tickets at $30 a pop--after paying the fighters; without these fights the young boxers would wait months for bouts. "Boxing right now is a disgrace," he says.

(De la Hoya has a couple of points against him on that score, anyway: a rape allegation, which he denied but which was settled out of court in 2001; and a $62.5 million suit in 2000 that alleged repeated violations of a restraining order filed by former Playboy Playmate Shanna Moakler, his former fiancée and the mother of his daughter. Jomar is a full-time writer by day and a sports enthusiast by night. His ventures in the music industry and property dealings also contribute a huge portion to his total value. Oscar studied at James A. Garfield High School and was brought up by a strictly religious Orthodox Christian family, making it one of his guiding principles in life.

Beating Sturm would give De la Hoya titles in six different weight classes, a world record. You may opt-out by, EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change. All Rights Reserved, This is a BETA experience. Oscar De La Hoya, also known as The Golden Boy, is an American professional boxer, businessperson and author who has an estimated net worth of $220 million. Since then he has built a stable of 24 nationally ranked boxers--including himself. And, presumably, a lot more staying power in this business. Edward Norton. De la Hoya will fight World Boxing Organization middleweight champ Felix Sturm at the MGM Grand in Las Vegas, part of a dual HBO pay-per-view event also featuring a showdown between Bernard (the Executioner) Hopkins and Robert Allen. Reports said that the property is worth $18.5 million. When we are in love with something, life without it becomes difficult. The Golden Boy has numerous million-dollar mansions in the U.S., one of the biggest is found in Bel-Air, Los Angeles. "We guide their careers, decide who they're going to fight, what they're going to get paid," De la Hoya says. A 2002 deal with HBO Latino will provide about $50,000 per monthly episode to promote two fights, along with ringside chatter by De la Hoya. It even made it to the No. 0 968 . That equates to earning $1.1 million every minute. His 67th-floor office in downtown Los Angeles is just 10 miles from the East Los Angeles neighborhood where he first strapped on boxing gloves, at age 6, to spar with his older brother. Golden Boy Promotions, Inc. is an American boxing and mixed martial arts promotion firm based in Los Angeles, California. Few athletes-turned-promoters have done well. Embed from Getty Imageswindow.gie=window.gie||function(c){(gie.q=gie.q||[]).push(c)};gie(function(){gie.widgets.load({id:'x_4I7GqlSmdrhQzG7NMKkw',sig:'0BnJlCL12VnL1sNASrCaMYHKEtmi2yeNnrZX8md99bE=',w:'594px',h:'431px',items:'498137774',caption: false ,tld:'com',is360: false })}); With all the achievements he made, it isn’t hard to say that Oscar De La Hoya is indeed one rich man. He retired at the age of 45 after 16 fruitful years of his career, making him one of the highest grossing boxers in the history of the sport.

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