If you want to make money from boxing, I suggest you *don’t* follow in the footsteps of Lennox Lewis.
As I write this in the spring of 2007, it’s rumoured that Lewis is considering a comeback in his 40s.
Lewis is that rare beast, a heavyweight champion who retired with his title intact, but they always say that fighters can’t give up, and the lure of a big payday is tempting him.
It’s rumoured that he could get $25 million for one fight.
Now that’s a lot of money, but I don’t suggest that you should get into the ring to make money from boxing!
Let’s face it, it is only the very few elite that make a lot of money, and most of them end up broke!
So, if we’re not getting into the ring, how else can we make money from boxing?
I want to cover 3 methods, including the technique I use.
Firstly, you could take up boxing promotion.
Remember how I said that most champions end up broke?
That’s because most of the money seems to end up with the managers and promoters.
Although there seems to be a lot of money there, this is a route for the long term only – it would take years to build up a business of any note, and then you’d still have to compete against the few who seem to control all the big fights.
The second method, and this is much more realistic, is to become an affiliate.
As an affiliate, you don’t need a website, you don’t need any stock, you simply send traffic to other companies’ sites, and they pay you a commission of any sales generated.
There is a huge variety of things you can be an affiliate for – from equipment like gloves and training gear, to tickets and pay per view subscriptions (this is where the bulk of the Lennox Lewis $25 million would come from.)
There is also memorabilia, books, dvds, posters, etc.
In fact one of the consistently best-selling sports posters is of Ali standing over Liston in the ring.
So although this can be a good revenue source, it has the downside that you are competing with all the other affiliates.
Great for the company concerned, not so great for the affiliates.
The third method is the one I use, and it’s to provide information