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Time of India
9 hours ago
- Entertainment
- Time of India
Jake Paul confesses early boxing career earned him financial setbacks amid recent $40 million annual income
Jake Paul (via Getty Images) Jake Paul , who is now among the highest-paid identities in the sport of boxing, revealed that his path to multimillion-dollar fight purses didn't begin with overnight fortune. The 28-year-old YouTuber-turned-boxer admitted his early boxing years yielded more losses than gains. With an 11-1 professional career and headline-grabbing fights to his credit, Jake Paul insists that his largest paychecks are yet to arrive. Jake Paul shares financial struggles in early boxing days despite huge paychecks today Jake Paul's boxing career is now perhaps equated with spectacle and money, but the social media personality has opened the books on his early financial reality. Appearing on the Iced Coffee Hour podcast, the Pittsburgh-born personality revealed that the first part of his professional career was anything but profitable. "I've roughly been averaging around $40 million a year for the past four years in boxing," Jake Paul shared. "The first year and a half of boxing, I didn't make much. I was definitely at a loss in my first year in boxing." Jake Paul went pro in 2020 after his white-collar fight with Deji Olatunji in 2018. His initial fights were mainly against other influencers and retired MMA competitors, which generated hype but not necessarily riches. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Find Incredible Offers & Incentives On New Or Used Cars In Your Area! autodealsnearyou Learn More Undo It wasn't until he fully embraced his divisive "problem child" image that the dollars began flowing. Paul declared being the villain is not an act—it's a marketing technique. He says his reputation as trouble follows him into the ring because fans watch him, frequently hoping to witness him lose. That fame has paid off with huge profit, including a reported $40 million paycheck for his last bout against Mike Tyson. Jake Paul Breaks Silence on Getting Sued, Going Broke, & Making $40,000,000 Per Year "I think everything worked out perfectly," he added. "If I didn't have my YouTube persona and following, with everyone doubting I could become a boxer and everyone hating me, I don't think I would be making as much. In boxing, the villain makes more, and that is why I purposefully make people hate me and play that role and be the bad guy. Paul's next in line is a high-profile battle against ex-WBC middleweight champion Julio Cesar Chavez Jr. next weekend. While some forecast danger for Paul, others, such as ex-world champion Shawn Porter, anticipate a knockout victory for the YouTuber. As Paul gets ready for another high-paying fight, one thing is certain—his fighting for no cost is long behind him. And if his statement is anything to go by, he feels his most profitable years in the sport are ahead. Also read: 'No one even knew who they were' - Jake Paul sparks outrage with bold self-comparison involving Muhammad Ali Jake Paul may have come into the world of boxing with a virtual fan base and a bad boy image, but he's built both into an empire. From making ends meet to multimillion-dollar victories, Paul's career keeps pushing the limits. Game On Season 1 kicks off with Sakshi Malik's inspiring story. Watch Episode 1 here
Daily Mirror
12 hours ago
- Entertainment
- Daily Mirror
Jake Paul makes unexpected admission about boxing career earnings
The 'Problem Child' has made a fortune over the last few years in the sport of boxing - but has recently admitted it was not all plain sailing at the start Jake Paul has surprisingly admitted he "didn't make much" money during his first year as a professional boxer. The YouTuber-turned-boxer made his professional back in 2020 - two years after knocking out Deji Olatunji in an white-collar showdown. During the first few bouts, the 'Problem Child' made a habit of fighting fellow social media influencers and former MMA stars. He gradually worked his way up and is now pocketing a fortune every time he steps foot inside the ring. With a professional record of 11-1, Paul's only career defeat came against rival Tommy Fury back in 2023. It is fair to say Paul is no stranger to a staggering payday. Back in November, following his last win over Mike Tyson, the 'Problem Child' reportedly earned $40million (£29.7m) for the controversial showdown. While to many the aforementioned fee is a staggering amount, Paul claims he has been averaging $40m for the past few years in boxing. "I've roughly been averaging around $40million a year for the past four years in boxing," Paul told the Iced Coffee Hour podcast. "The first year, year and a half of boxing, I didn't make much. I was definitely at a loss in my first year in boxing." It was not until he fully embraced his 'bad guy' persona that he earned jaw-dropping sums of money every fight. "I think everything worked out perfectly," he added. "If I didn't have my YouTube persona and following, with everyone doubting I could become a boxer and everyone hating me, I don't think I would be making as much. In boxing, the villain makes more, and that is why I purposefully make people hate me and play that role and be the bad guy. "You want to pay for the pay-per-view or tune into Netflix more to see the guy get knocked out that you hate. It is a lot of money, and I am definitely blessed and grateful, but it feels like every bit of it was earned. I worked my a*** off every day for 12 years straight, and then finally everything clicks overnight, and then eight, nine years into it I feel like I can make what I finally deserve. I feel like every penny I have made, I deserve more because of the amount of work I have put into it. I think my biggest paydays in the sport of boxing are still to come for sure." The 28-year-old is once again expected to earn a fortune as he is scheduled to make his return to the ring next weekend against former middleweight champion Julio Cesar Chavez Jr. There are a few ho predict a tough night at the office for Paul. However, boxing legend Shawn Porter has confidently predicted that the social media sensation will emerge victorious next weekend. Speaking on The Porter Way Podcast, he said. 'I got Jake Paul by KO.' Porter then explained how previously seeing Chavez Jr in the gym helped him come to that conclusion. 'He doesn't have a gas tank. That means you're not working and training out of the gym. I saw the in gym stuff and you scratch your head like 'that was it for the day?' He said. 'One day he came into the gym he shadow boxed, I don't know if he made it a round on the bag, then he packed up and left … I've seen some short stuff. I don't want to disrespect but it will make you scratch your head. The other fighters were laughing like 'that was it? Why did he show up?''
