How Did Ryan Garcia Make His Money?

How Did Ryan Garcia Get Started

Ryan Garcia comes from a family of boxers. Several of his siblings have been amateur fighters, and his father is his primary coach. Not surprisingly, Garcia’s family noticed his natural talent and encouraged him to pursue the sport. During his amateur boxing career, he won 215 fights and lost just 15.

Garcia became a professional boxer when he was only 17 years old, a remarkable accomplishment that further highlights his talent and commitment to training. His first professional fight took place in Tijuana on June 9, 2016 against Edgar Meza. Shortly after, Golden Boy Promotions, an LA-based promotional firm started by Oscar De La Hoya signed him.

With help from Golden Boy, Garcia got to face bigger names in professional boxing. His career grew quickly as he defeated the likes of Romero Duno and Francisco Fonseca. It only took Garcia eight punches to knock out Fonseca.

Today, most sports journalists consider Garcia one of the top 10 fighters in his weight classes (super featherweight, lightweight, and light welterweight). ESPN ranks him as the sixth-best active fighter in the welterweight division.

Ryan Garcia’s Boxing Record

Few boxers have a record like Ryan Garcia’s. Out of his 25 professional boxing matches, he has only lost once. He has 20 wins by knockout and four by decision.

Garcia’s only loss took place on April 22, 2022, in a match against Gervonta Davis, who now goes by Abdul Wahid after converting to Islam. Davis also had an undefeated record when they stepped into the ring, so promoters and fans expected an intense fight.

The match went on for seven rounds. Davis dealt a blow that took Garcia to his knees. Garcia struggled to get up, but he didn’t rise to his feet until immediately after the referee ruled it a technical knockout.

Some commentators criticized Garcia, saying that he could have stood within the ref’s count to 10. Others have supported Garcia, saying that he made a calculated decision to accept his loss. According to his supporters, Garcia knew he wasn’t going to win the fight, so he chose to end it before receiving any more damage from Davis.

Garcia’s next fight was against Oscar Duarte, who he knocked out during the eighth round on December 2, 2023.

Garcia has a fight with super-lightweight champion Devin Haney on April 20, 2024. Recent activity on Garcia’s social media accounts, however, has called his mental health into question. He has reassured fans that his account was hacked and he is fit to participate in the upcoming match.

How Much Does Ryan Garcia Make Per Fight?

Ryan Garcia’s per-fight earnings have grown considerably throughout his career.

When he became a professional boxer, he would make about $50,000 from each event. That might sound like a huge payday, but professional fighters have limited events they can participate in.

During his first year as a professional, Garcia worked extremely hard and fought in seven matches. If he made $50,000 from each fight, he would have netted him an estimated $350,000 to $400,000.

It’s also important to consider that fighters can spend a lot of money on trainers, nutritionists, and other members of their support crew. Even if Garcia earned $500,000 during his 2016 debut, he wouldn’t have taken that amount home.

As Garcia’s popularity grew, so did his payouts. When he defeated Romero Duno in 2019, Garcia took home a $500,000 purse. He may have also made money from ticket and pay-per-view sales.

Garcia was guaranteed a $1 million pay for participating in a fight with Emmanuel Tagoe in 2022. He also received 70% of pay-per-view sales, which would have brought his total pay to about $3 million.

Garcia had a $2 million guarantee for his 2022 match against Javier Fortuna. In the past couple of years, however, his purse has grown exponentially.

His largest pay day so far has been an estimated $30 million from fighting Tank Davis.

How Did Ryan Garcia Make His Money?

Ryan Garcia has largely made his money as a professional boxer who made an estimated $30 million boxing Gervonta Davis.

Even if he only participates in a couple matches per year, money from the purse, pay-per-view sales, merchandise, and sponsorships will ensure he stays very wealthy for a long time to come.

His fight against Devin Haney may well net him even more than he earned against Davis.

Ryan Garcia’s Net Worth

Experts following Ryan Garcia’s career estimate his net worth between $10 million and $20 million after taxes and expenses are factored in.

It’s difficult to know how much money he has, though, because he hasn’t shared information about earnings from his popular social media accounts.

Why Is Ryan Garcia Rich?

Ryan Garcia has gotten rich not only as a boxer but also as a handsome celebrity who can earn money from sponsorships and promotions too.

His growing popularity means he can earn higher purses. With more people tuning in through pay-per-view services, he can also earn higher sums from his percentage of the revenue.

Ryan Garcia vs Oscar de la Hoya Feud

Ryan Garcia has had problems with Golden Boy Promotions and its owner, Oscar de la Hoya, practically since he joined the promotion firm.

After his 2019 fight against Romero Duno, Garcia complained that Golden Boy didn’t value him enough. He earned about $250,000 from that fight. Shortly after, his purse increased to $500,000, which could have been de la Hoya’s attempt to improve his relationship with the rising star.

Garcia reignited the feud in November 2023 by accusing Golden Boy of backing his opponent, Oscar Duerte. At the time, Garcia was recovering from his only professional boxing defeat. Rumors circulated that Oscar de la Hoya might want to end the young fighter’s career, considering him past his prime.

Garcia responded to the rumors publicly, saying that Oscar de la Hoya didn’t have the right to end his career. Garcia maintained that he and his team were the only ones who could determine when Garcia had reached the end of his career. Garcia also noted that de la Hoya continued fighting until his mid-40s.

While there is some bad blood between Garcia and de la Hoya, it still seems to be in their best interests to stay as professional as possible. That has proven difficult for the 25-year-old fighter who wants to become a champion.

Ryan Garcia vs. Devin Haney

Ryan Garcia is scheduled to face Devin Haney on April 20, 2024.

Devin is currently the WBC Super Lightweight Champion. He’ll be defending that title from Garcia.

If Garcia wins against the undefeated champ, his reputation could surge after losing some glow following his loss to Gervonta Davis.

What Happened to Ryan Garcia?

In the lead up to Garcia’s fight against Devin Haney, Garcia has displayed some strange behaviors, especially on his social media accounts.

In one video, he claimed to have evidence of UFOs. In another, he challenged his personal body guard to take extremely powerful punches to the torso. The bodyguard agreed, and the results had him on the floor gasping for air.

Garcia’s erratic behavior have made some people assume he’s experiencing a mental health event. As such, they want to see his match moved so he can see has time to seek treatment from a mental health professional.

Garcia, however, maintains that the posts are out of context. Given his position, it’s impossible to know whether anything happened to Garcia or this is an elaborate form of fight promotion to garner attention.

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