Recently some estimates suggested the UFC is now worth more than $20 billion dollars but the sport of boxing is now a far bigger sport, much bigger worldwide.
So much so, the UFC themselves have literally become fully fledged boxing promoters with Dana White, UFC President, the official licensed boxing promoter with the Nevada State Athletic Commission for Canelo Alvarez vs Terence Crawford in September just gone.
It was a big success and Crawford scored the upset victory to step up two weights to defeat Alvarez on points.
If you look at boxing, no one entity or person really controls it or owns it as a sport, well, maybe there’s one man behind the scenes who really controls it, but the fans and general public don’t know that.
Anyway, that’s not important, what’s important is the best fighters fight the best fighters on consistent basis and fans truly believe that the sport is in fact one of the best sports in the world.
Why Boxing Can Become a $250 Billion Industry
Boxing was one of America’s biggest sports for many years in the thirties and before that and used to fill out baseball stadiums and more.
This was done because everyone knew who the heavyweight champion was in those times and they knew who the best fighters in each weight class were.
If boxing can more or less achieve something similar to that in the time ahead, coupled with all the new markets, countries, big fights, streaming platforms, governments, new fans and all the good stuff, and new people and organizations coming to boxing, and the fights are good, on a consistent basis, boxing is very powerful.
If you add up all the many more boxing events that go on than UFC events, pro boxing events that is, there could be ten times more professional boxing cards going on every week and weekend (that is being modest) than the UFC does in a calendar year.
Boxing also has a longer rich history than the UFC and the sport of MMA (Mixed Martial Arts).
Probably boxing is a $200 billion industry already, but can go much further.
