Ryan Garcia is a young and talented boxing prodigy, but what is his net worth in 2023? With his impressive boxing record and numerous endorsement deals, Garcia quickly becomes one of the sport’s wealthiest and most recognizable faces. This article will dive into Ryan Garcia’s net worth, examining his boxing career, endorsements, and future prospects.
Ryan Garcia Net Worth
Garcia has a net worth estimated at $20 million as of 2023, according to FightFans.
The Rise Of Ryan Garcia
Born in 1998, Ryan Garcia began boxing at the age of seven under the guidance of his father, Henry Garcia. He quickly rose through the ranks in the amateur boxing world. Garcia won 15 national titles and amassed an impressive record of 215 wins and 15 losses. Ryan’s professional boxing debut came in 2016; since then, he has remained undefeated. He boasts an impressive 21-0 record with 18 knockouts.
Garcia’s impressive performances and charismatic personality have made him one of boxing’s most prominent rising stars. His social media presence, with millions of followers on Instagram and Twitter, has further contributed to his growing fame and net worth.
Boxing Earnings & Endorsements
Much of Ryan Garcia’s net worth comes from his boxing career earnings. In January 2021, Garcia’s fight against Luke Campbell earned him a purse of $500,000. This demonstrated his growing worth in the boxing world. Garcia’s popularity and marketability have also attracted numerous endorsement deals, further boosting his net worth. He signed a multi-year contract with sportswear giant Adidas in 2019. The deal made him among the few boxers to secure such a partnership. In addition to Adidas, Ryan has worked with other prominent brands, such as Gymshark, Gatorade, and Beats by Dre.
Ryan Garcia’s Golden Boy Promotions Deal
In 2016, Ryan Garcia signed a multi-year promotional deal with Oscar De La Hoya’s Golden Boy Promotions, one of the biggest boxing promotion companies in the world. This partnership has played a vital role in propelling Garcia’s career forward, securing high-profile fights, and ensuring he receives significant paydays. Later in 2019, Garcia signed a contract extension with the company. While the exact figures of the deal were not disclosed, De La Hoya referred to it as “one of the most lucrative deals for a prospect in boxing history,” further contributing to Garcia’s net worth.
The Future Of Ryan Garcia
Ryan Garcia’s net worth is expected to grow as he takes on more significant fights and pursues world championship titles. A potential showdown with fellow lightweight star Gervonta Davis was undoubtedly a massive payday for both fighters. Moreover, Garcia’s continued presence on social media and his willingness to engage with fans make him an ideal candidate for even more lucrative endorsement deals and business opportunities in the future.
Conclusion/TLDR
Ryan Garcia’s net worth of $20 million in 2023 showcases the meteoric rise of this young boxing star. With his impressive boxing record, a growing list of endorsement deals, and a bright future in the sport, Garcia’s net worth will continue increasing in the coming years. As his career progresses, we can expect to see even more significant paydays and opportunities coming his way.