Anthony Joshua secured a decisive knockout victory over Jake Paul in one of the most high-profile fights of the year. However, beyond the sporting success, the British boxer now faces an unexpected scenario, he could lose millions of dollars despite winning the bout.
According to financial reports, Joshua earned a massive purse for the fight held in the United States, but a significant portion of that income will be reduced by high federal taxes, in addition to the tax obligations he must meet in the United Kingdom. Added to this are payments to promoters, trainers, and other expenses linked to the event.
While the knockout boosted his image and reinforced his status in international boxing, the final financial outcome will not be as favorable as it initially appeared. The situation has sparked debate over how taxes and contract structures can affect even the biggest winners in the ring.
Why will Anthony Joshua lose millions despite winning the fight?
Because by fighting on U.S. soil, he must pay substantial taxes in both the United States and the United Kingdom, significantly reducing his net earnings from the bout.