Ryan Garcia, a young and talented boxer, has been making headlines in the world of boxing for his incredible skills, power, and speed.
Garcia has rapidly risen through the ranks of professional boxing, earning the admiration of fans and the respect of his opponents.
In this article, Fidlarmusic will provide an overview of Ryan Garcia net worth, the reasons behind his fame, and how he makes this success.
What Is Ryan Garcia Net Worth and Salary in 2023?
Ryan Garcia is expected to have a net worth of about $25 million by 2023. Most of his money comes from boxing, advertising, and social media.
His pay depends on how much money he wins in fights, which has grown a lot as his career has gone on.
Garcia has made money from fighting but has also signed endorsement deals with big brands like Adidas and Gatorade, which have added to his wealth.
Ryan Garcia’s Overview
Ryan Garcia was born on August 8, 1998, in Victorville, California. He is of Mexican descent and was introduced to boxing at a young age by his father, Henry Garcia, who was also a boxer.
Ryan’s passion for the sport grew quickly, and he began training seriously at the age of seven.
His mother, Lisa, also played a crucial role in his development, providing support and encouragement throughout his journey.
Growing up in a family of boxers, Ryan’s older brother, Sean, also pursued a professional boxing career.
The two siblings trained together and developed a strong bond, pushing each other to excel in the sport.
Ryan’s amateur career began at the age of eight, and he went on to achieve an impressive record of 215 wins and 15 losses, winning 15 national championships in the process.
Ryan Garcia went pro at age 17 and made his first appearance in 2016. Since then, he has built up an amazing record of never losing a match and winning many titles and awards along the way.
At the beginning of his professional fighting career, Garcia’s lightning-fast hands, devastating power, and impressive footwork made him stand out.
Because of these things, as well as his good looks and charming nature, he is a fan favorite.
Garcia signed a deal with Golden Boy Promotions, which was started by boxing great Oscar De La Hoya, to fight for them more than once in 2018.
Garcia’s career went faster with their help, and he won the WBC Silver Lightweight Title and the WBO-NABO Lightweight Title.
Ryan Garcia’s fighting career kept going up after he beat Francisco Fonseca in the first round and knocked him out on February 14, 2020.
In April 2021, he fought Olympic gold winner Luke Campbell in a match that a lot of people were looking forward to.
After taking a break, Garcia returned to the ring with a bang in February 2022. He fought Emmanuel Tagoe, who used to be the IBO lightweight king and won by unanimous decision.
With this win, Garcia’s reputation as one of the best fighters in the lightweight class was made even stronger.
A few months later, in July 2022, he beat Javier Fortuna with a TKO in the sixth round, which impressed fans and reviewers alike.
But on April 22, 2023, Ryan Garcia went head-to-head with the powerful Gervonta Davis. This was the hardest fight he had ever been in.
Even though Garcia fought hard and showed off his skills, he was knocked out in the seventh round. This was the first time in his professional boxing career that he lost.
$700 Million Deal?
In September 2019, Ryan Garcia’s promoter, Oscar De La Hoya, shared his ambitious intentions to help the rising star secure an unprecedented $700 million contract.
At the time, De La Hoya firmly believed that Ryan had the potential to become “the biggest star boxing has ever seen, hands down.”
The staggering $700 million deal would almost double the $365 million contract that De La Hoya had previously landed for Saul Alvarez.
However, it remains unclear whether such an enormous deal ever materialized.
That same month, Garcia’s contract with Golden Boy Promotions was extended under a new five-year agreement, though the terms of the deal were not disclosed.
Garcia’s professional career began with modest earnings of $55,000. However, his knockout victory against Romero Duno significantly boosted his payday to $250,000.
Despite this sizable sum, Garcia felt undervalued by Golden Boy Promotions and ultimately received a $500,000 purse after the fight.
His bout against Emmanuel Tagoe further increased his earnings, as Garcia made a total of $3 million, including a 70/30 split of the pay-per-view (PPV) shares.
In April 2023, Ryan Garcia faced Gervonta Davis in a high-profile match, earning a guaranteed $2.5 million for the fight.
Despite his best efforts, Garcia suffered a seventh-round knockout loss. Factoring in ticket sales and pay-per-view revenue, both fighters likely earned an additional $5-10 million in bonuses.
Outside of the ring, Ryan Garcia maintains a relatively private personal life. He is a devout Christian and credits his faith as a significant driving force behind his success in boxing.
Garcia is also a family man, with strong connections to his parents, siblings, and his own growing family. In 2020, he welcomed his first child, a daughter named Rylie, with his girlfriend.
Why Is Ryan Garcia Famous?
Ryan Garcia’s rise to fame can be attributed to several factors. His impressive boxing skills, such as his speed and power, have garnered the attention of boxing enthusiasts worldwide.
As he has continued to win and dominate his opponents, his reputation has grown, and so has his fan base.
Garcia’s good looks and charisma have also played a significant role in his popularity, both in and out of the ring.
Often referred to as the “next Golden Boy” in reference to Oscar De La Hoya, Garcia has embraced the spotlight, using his fame to promote his fights, secure endorsement deals, and build a massive following on social media.
FAQs About Ryan Garcia
How much is Ryan Garcia sure to make and how much could he make in his next fight?
The Sun says that Ryan Garcia is promised $2.5 million for the fight, but he could make as much as $5 million if he gets 50% of the PPV shares.
Has Ryan Garcia ever won a world title?
No, Ryan Garcia hasn’t fought for or won a boxing world title yet.
Is Ryan Garcia known for how quick he is in the ring?
Yes, Ryan Garcia is known as one of the fastest boxers of his age. His hands move so fast that his opponents often have trouble keeping up.
In the end, Ryan Garcia’s net worth shows how hard he works and how much he cares about what he does. As one of the most promising boxers of his age, he has made a lot of money through his fights and endorsements outside of the ring.
Even though he is young, he is already well-known in the world of fighting, and his net worth shows that.
But it’s important to remember that a person’s net worth is not the only way to measure their success.
Garcia’s accomplishments in the fight and how he changed boxing are just as important. Ryan Garcia will continue to be a force to be reckoned with for years to come, thanks to his skill and drive.