Errol Spence Jr. (born March 3, 1990) is an American professional boxer and a former unified champion in the welterweight division. He held the World Boxing Association (WBA) (Super version), World Boxing Council (WBC), and International Boxing Federation (IBF) titles from 2017 to 2023.
As an amateur, he won three consecutive United States national championships in the welterweight division and represented the U.S. at the 2012 Olympics, reaching the quarter-finals. In 2015, Spence was named Prospect of the Year by ESPN.
RELATED: Who is Linsey Donovan? How did she become so wealthy?
Table of Contents
Errol Spence Net Worth
Errol Spence Jr. has a net worth of $15 million. He earned a $3 million purse for his fight against Mikey Garcia, along with an additional $5 million from PPV purchases. By March 2019, he was ranked as the best active welterweight and the fifth best active boxer.
In September 2019, Spence defeated Shawn Porter, earning a $2 million purse and $3-4 million in PPV bonuses. In July 2023, he lost to Terence Crawford, with both fighters guaranteed $10 million, potentially earning $20 million with bonuses.
Early life
Errol Spence Jr. was born in Long Island, New York, on March 3, 1990. He is of Jamaican descent through his father and African-American descent through his mother. At the age of 7, he moved to Dallas, Texas.
Spence began boxing at 12 and quickly proved his talent as an amateur boxer, winning three consecutive United States national championships. He also represented the U.S. at the 2012 Olympics, where he advanced to the quarter-finals, showcasing his skills on an international stage.
Career
On November 9, 2012, Spence made his professional debut at the Fantasy Springs Casino in Indio, California, defeating Jonathan Garcia by knockout in the third round. In December, he knocked out Richard Andrews during the undercard for Amir Khan‘s fight.
In 2013, Spence won all eight bouts, six by knockout, including a unanimous decision against Emmanuel Lartei Lartey. He made his Showtime debut on June 27, 2014, winning a 10-round fight against Ronald Cruz by unanimous decision. On December 13, he beat Javier Castro by TKO in the fifth round.
Personal life
Spence was involved in a single-vehicle accident at 2:53 AM on October 10, 2019, in Dallas, Texas, and was hospitalized in intensive care. His Ferrari 488 Spider was reportedly “traveling at a high rate of speed” when it flipped multiple times, ejecting him as he wasn’t wearing a seatbelt.
Although he sustained facial lacerations, he had no broken bones. After drinking earlier, Spence was charged with DWI. He avoided jail time, received probation, and deleted a controversial Instagram post celebrating his survival.
Who has Errol Spence lost to?
Errol Spence Jr.’s professional boxing record includes a notable loss to Terence “Bud” Crawford in July 2023.
RELATED: Who is Jenesis Sanchez? Meet Late XXXTentacion’s girlfriend?
Conclusion
Errol Spence Jr.’s journey in boxing is not just a tale of physical and mental fortitude, but also one of strategic planning and financial wisdom. His impressive earnings per fight and overall net worth are reflective of a career well-managed and a legacy well-earned.
FAQs about Errol Spence’s Net Worth
- What’s the primary source of Errol Spence Jr.’s net worth? Spence’s net worth primarily comes from his earnings from boxing matches and pay-per-view events.
- Has Errol Spence Jr. ventured into any businesses outside of boxing? Specific details on his business ventures outside of boxing aren’t publicly available, though many boxers diversify their income sources.
- How does Spence’s net worth compare to other top boxers? While Spence holds a significant net worth, it varies compared to top earners in the sport like Floyd Mayweather and Manny Pacquiao.
- What impact did Spence’s fight against Crawford have on his net worth? The fight against Crawford significantly boosted his net worth, given the large purse and pay-per-view shares involved.
- Does Spence have any sponsorship deals? Information on specific sponsorship deals for Spence isn’t widely publicized, though endorsements are a common income source for athletes of his caliber.
