Anthony Joshua is set to lose a staggering portion of his earnings following his blockbuster heavyweight exhibition fight against Jake Paul in Miami, Florida. Despite reportedly earning $92 million from the contest, the British boxer faces an estimated $66 million in combined US and UK taxes, leaving him with about $74 million from his $140 million total purse.
The fight, which took place on Friday night at the Kaseya Center, saw Joshua dominate Paul before landing a decisive right hand in the sixth round that broke the YouTuber-turned-boxer’s jaw in two places, ending Paul’s unbeaten run. Joshua dropped Paul in the fourth, fifth, and sixth rounds before sealing the knockout at 1:31 of round six. Netflix livestreamed the event.
Because the bout occurred in the United States, Joshua will pay approximately $52 million in federal income tax. On top of that, he is expected to remit around $11.3 million to His Majesty’s Revenue and Customs in the UK, along with $2.8 million in National Insurance contributions. Florida’s lack of state income tax provides little relief. By contrast, Paul will only pay US taxes, meaning he is likely to retain more of his $92 million purse than Joshua.
Following the fight, Jake Paul was handed a mandatory medical suspension of at least 45 days under Florida State Athletic Commission regulations due to his knockout. Joshua will also serve a mandatory seven-day suspension. Paul’s jaw injuries are expected to require four to six weeks to fully heal, with the suspension potentially extended depending on medical advice.
The victory brings Joshua’s professional record to 29 wins in 33 fights, marking a successful comeback after his defeat to Daniel Dubois at Wembley Stadium last September. Following the win, Joshua called out fellow British heavyweight Tyson Fury, hinting at a potential showdown in 2026, while Paul suggested a challenge against Canelo Álvarez in the near future.
About The Author
More Stories
NFF sacks Super Falcons coach and technical crew days after World Cup miss
Nigeria doesn’t have any campsite for the Super Eagles, players still fight before they can even receive their bonuses — Jay-Jay Okocha laments poor football structure and administration
Why I Gave Up My Dream Of An Extravagant Wedding And Married Cristiano Ronaldo in Our Living Room — Georgina Rodriguez