Puerto Rican boxer Jose Pedraza is a veteran fighter, and his impressive record and popularity have led to his substantial net worth.
Jose Pedraza is one of the most feared fighters who prominently competes in the featherweight division.
Subsequently, he has taken home significant fight earnings in a professional career spanning over 12 years.
Born on May 8, 1989, in Cidra, Puerto Rico, Jose Pedraza started his professional boxing journey in 2011.
Having secured world titles in two different weight classes, he clinched the IBF super featherweight title in 2015 and later claimed the WBO lightweight title in 2018. In his professional career, he has competed in 36 fights, winning 29 and losing 6.
Before his professional career, he represented Puerto Rico in the 2008 Beijing Olympics, competing in the lightweight division.
Additionally, his multifaceted career reflects his versatility in different weight classes and his enduring presence as a formidable force in professional boxing.
Boxer Jose Pedraza Net Worth 2024
To break down the net worth of Pedraza, we need to look at his career chronicle first. On fight night, a boxer receives their payout, typically consisting of a guaranteed purse agreed upon in their contract.
Additional earnings may come from win bonuses, a share of pay-per-view and gate revenue, and potential bonuses from the event’s promoter based on performance criteria.
To begin with, Pedraza started boxing professionally in 2011 against Felix Rivera. As a newcomer to the scene, he didn’t secure a substantial check in his debut. The anticipated earnings from his first fight are projected to be around $30,000.
Following this, he would win 22 fights in a row, a significant fragment of them being by knockout.
As Pedraza’s remarkable performance in the ring and widespread fan appeal increased, he began collecting substantial earnings.
In his August 2018 fight against Raymundo Beltran, he took home a substantial paycheck of $125,000.
By then, he had already started earning six or seven figures per fight night. The same year, he took home over $1 million in his headline fight against Vasily Lomachnenko.
Despite his defeat in the match, his standing and widespread popularity in the sport by that time guaranteed him a substantial payout.
Subsequently, he has had eight more professional fights with hefty earnings in the millions.
On the contrary, his recent two defeats have diminished his standing in the sport. It will be interesting to see where his career goes next and his fight earnings in the future.
He Has Significant Social Media Following
Apart from his fight earnings, Pedraza earns money from his brand deals, sponsorships, and social media presence.
He has over 18,000 followers on Instagram and frequently makes sponsored posts promoting various brands.
Subsequently, his boxing gear is sponsored by the famous Puerto Rican brand BraveaPR. As a boxer from the same nation, he is one of the significant faces of the renowned company.
To summarize, his fight earnings and brand deals contribute majorly to his net worth, which is estimated to be around the $4 million to $5 million range.