While a small number of professional boxers like Floyd Mayweather, Jr. and Manny Pacquiao can expect to earn seven figure purses from pay-per-view fights, the overwhelming majority of boxers make very little money. Between small purses and high costs, boxing is not a lucrative sport for most of its practitioners.
Floyd Mayweather, Jr. once made $105 million in a 12-month period, qualifying him as the most well-paid athlete in the world, but his case is exceptional. Chris Algieri, for instance, who established himself after barely winning a fight against Ruslan Provodnikov that was televised by HBO, still lives with his parents and drives a 2001 Honda Accord, and he enjoys a better financial situation than many boxers. Between managers, trainers, gym fees and other costs, many boxers can't even afford to go professional.