Boxing

Boxing Industry Experiencing Growth and Fragmentation in 2019

Boxing becomes a booming and a divided business in 2019
Image Source: ESPN.com

Today, numerous online platforms and networks are pouring significant investments into the sport of boxing. The boxing business is currently thriving like never before, breaking away from its traditional roots. However, amid this surge in activity, the industry is also facing increasing divisions.

With a wide array of options available for watching fights and accessing content, one may question the sustainability of this boxing boom, especially when many of the highly anticipated fights fail to materialize. Nonetheless, various alliances have emerged within the industry.

For example, Premier Boxing Champions has secured output deals with FOX/FS1 and Showtime, while Top Rank inked an exclusive agreement with ESPN back in 2017 that extends through 2025. The up-and-coming streaming service DAZN has partnerships with Golden Boy Promotions and Matchroom Sports.

However, due to the fragmented talent pool, there are currently few high-profile matchups that can be arranged, such as clashes between Errol Spence and Terence Crawford or Deontay Wilder and Anthony Joshua. Elite boxers seem to exist in separate realms, hindered by the longstanding political dynamics plaguing the industry.

A notable shift in modern boxing is the lack of negotiations across different promotional factions, unlike in the past when fights were often brokered between promoters. As a result, collaboration among key figures governing the sport remains limited.

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