David Benavidez's Net Worth: What You Need to Know
David Benavidez's Net Worth: What You Need to Know
By Arslan Saleem September 09, 2024 07:10
David Benavidez, also known as "The Mexican Monster," is a recognizable face in the boxing scene. Benavidez, born on December 17, 1996, in Phoenix, Arizona, has found a home at super middleweight. With his aggressive fighting style and devastating power, he has quickly become a favorite amongst fans. Benavidez is only on the rise in the world of boxing, not just with his performance but also with an increasing financial footprint since 2024.
His Career and Progress
Benavidez turned pro at age 16 and burst onto the scene in a big way, quickly knocking off a win after an impressive victory with Yoel Romero twice and Kelvin Gastlem for good measure. Benavidez made history when he became the youngest super middleweight champion at just 20 in September 2017, with a split decision over Ronald Gavril for his WBC belt.
However, despite his youth and talent, we shouldn't claim that he's had it easy in his career. In 2018, he was briefly dethroned by the WBC for a positive drug test.
Breakdown of Income Sources
Boxing Matches
As he has become a bigger name and had more meaningful fights, his fight purse has also grown. His bout in March 2023 generated an estimated $3 million alone, believed to be one of his most profitable fights yet. Enabling him to realize such wealth includes a guaranteed fight purse in addition to his pay-per-view (PPV) points, which heavily contribute toward backing up the cash truck.
Endorsements and Sponsorships
Most of these are partnerships that he has inked with brands and companies who share his brand story, anchored in the interests of an audience similar to his. His exact endorsement details are not commonly known, but they make up much of his total net worth.
Business Ventures
Benavidez also went into business, either with a boxing brand or with a clothing line. His brand offers a range of clothes, such as rad tees, sweatpants, and caps, for his fans and the wider market. This venture expands not just his revenue channels but also broadens who he is as a person outside the boxing ring.
Net Worth Development Over Time
In the early days of his career, he hardly earned anything, but as he went on to win titles and high-profile victories, things started to change rapidly. By 2024, the estimates of his net worth will differ, with numbers ranging from $2 to $5 million. The bulk of the growth came in his fight purses, endorsements, and business ventures.
Net Worth Comparisons With Other Boxers
While admittedly, he is still far from the kind of money boxing superstars made by Canelo Alvarez or Gennady Golovkin, his net worth for somebody who has just started at this level isn't to be sniffed at. Given his healthy finances and penchant for big fights, Benavidez should still stand to make a pretty penny over the next few years.
David Benavidez has quietly evolved into a top player in the his division since debuting as one of the sport's youngest world champions. As his career has continued to grow, so has the development of a net worth representing both in-ring accomplishments and ventures outside it. The prospect of Benavidez's financial standing ascending even higher as he continues to fight and build his brand couldn't be more promising, establishing himself as a champion within the ring and an adept sports finance figure.
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