Errol Spence Jr making moves for life after boxing
Throughout the history of boxing, the stories of fighters going broke after making millions of dollars have arisen. It doesn’t matter what era, this story is always being told. Moreover, this has also caused several fighters to hang around the sport longer than necessary.
When fighters have been in this position of fighting for the money, and are a shell of themselves, it is a sad thing to witness. Furthermore, they are used as a stepping stone for young fighters on the rise.
There are so many tales of this happening it makes you wonder, ‘why is this cycle stuck on rinse and repeat?’.
Unified champion Errol “The Truth” Spence Jr. (26-0, 21ko), aware of the money woes of the past, is looking at his future and making moves to make sure there is life after boxing.
RECOGNIZING THE PATH
During an interview on All The Smoke podcast, the Texas unified champion admitted that he knew when he was a household name.
“I think I became a household name, when I really started seeing it is when I fought at the AT&T Center.”
The 30-year-old unified champion is right. It was the fight against former four-divisional champion Mikey Garcia (40-1, 30ko) at Jerry World that set a plan in motion for more things to come.
Furthermore, The Truth would later lock horns with then-WBC champion “Showtime” Shawn Porter (30-3, 17ko) in another high profile bout that saw the Texas champion walk away with another piece of hardware.
MAKING PLANS FOR THE FUTURE
Things started to pick up for Spence as everyone was drinking the cool-aid and wanted a piece of the pie. Also, just like all those fighters in the past, it signals the danger of mistakes that could lead to a downward spiral.
The Texas champion himself openly admitted to heading down a dangerous path before realizing that a change was needed. Boxing is open-market free capitalism and without a union or backup plan, going broke is a harsh reality if the affairs aren’t managed properly.
When asked about life after boxing and if he was planning for it, Spence showed that he understands the importance of being careful and saving for the future.
“I got a promotional company where I got a few fighters on there, basically just saving my money man. Saving my money, making sure I don’t waste it buying crazy things, buying Rolls Royces and all types of off the wall things.
So that’s the main thing for me is to just make sure I save my money, stay focused, keep winning, keep stacking the bread.”
By: Garrisson Bland