Punching for pay is one very hard and dangerous way to earn a living, with pro fighters sweating, bleeding and risking their very lives once they step bravely into the squared circle. It is all too sadly ironic, then, that far too many great fighters have a tough, tough time keeping hold of all the cash they fought so bravely for.
The story of a great fighter going broke is not a new one: going back to the days of legends such as Joe Louis and Henry Armstrong, both immortals passing away whilst virtually penniless, and the trend doesn’t ever look like going away – not for some unlucky pugilists, anyway. Fans may have read about the sad situation Felix Trinidad currently finds himself in. According to reports, “Tito,” whose ring earnings were around $85 million, is now almost broke, having trusted a top aide with his finances (with the aide investing over $60 million in a very bad way).