Sunday, 18 June 2017 01:21

Sergey Kovalev: Net worth (presumed), purse for Ward rematch

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Tonight, at the Mandalay Bay Resort & Casino in "Sin City" Nevada, Andre "S.O.G." Ward (31-0, 15 KOs) will make his first title defense as the incumbent WBO/IBF/WBA Light Heavyweight Champion against former division kingpin Sergey "The Krusher" Kovalev (30-1-1, 26 KOs).

The scheduled twelve round championship bout is being presented by Main Events and Roc Nation Sports, and will be broadcast through HBO PPV for a one-time cost of $64.95 in HD.

Ward vs Kovalev 2 is one of the best match-ups over the last ten years and the biggest, most significant fight of 2017, and will certainly make its mark in the annals of light heavyweight history.

So how much are the fighters making?

Sergey Kovalev's projected purse
Not unlike their first fight, Andre Ward's purse will be much larger than rival Kovalev's in tonight's rematch.

Ward has a $6 million guarantee while much of Kovalev's purse will be generated from pay-per-view and ticket revenue. Per BoxingScene.com, Kovalev will make 75 percent of his team's overall take from Ward vs Kovalev 2. Hence, look for Sergey to pocket between $1.4 and $2.4 Million.

In their first meeting, last fall, Ward reportedly earned a guaranteed $5 Million and Kovalev was believed to have been guaranteed $2 Million.

"Ward has a sugar daddy [Jay Z] who pays him $7 million for this fight, OK?, " Egis Klimas, Kovalev’s manager, told BoxingScene.com.In fact, Klimas insists Ward has done less to promote the event, knowing it would negatively impact Kovalev's revenue.

“Sergey is working for every dime he makes,” Kathy Duva, Main Events’ chief executive officer recently told BoxingScene.com.

“The other is guy is getting paid by somebody [Jay Z] who’s gonna pay him more money than [the company] is going to take in."

From 5K to $1 Million plus in 3 years
In Fall 2014, Kovalev, during an open workout prior to his 500K pay day to face fight legend Bernard Hopkins, said he earned just $5,000 for beating Darnell Boone two years prior.

I don’t know if everybody knows, but I fought for three years for free, looking for any promoter,” Kovalev said via BoxingScene.com.

“Nobody wanted to sign me. But in [2012], Kathy Duva, Main Events, signed me and my career has been going up, better. I waited a long time for fights like that, on TV, because it’s a very good opportunity to show good boxing for boxing fans, to create history for myself, my family, my son.”

“My manager, Egis Klimas, paid for my opponents, for my food, for my rent, hotels, my tickets – for everything,” Kovalev said. “He invested a lot of money into those three years. I did 18 fights for free. I got my first purse money for my 19th fight, my rematch with Darnell Boone.”

Oh, the sacrifices....

Three years later, Kovalev would receive a reported $1 Million in his first bout with Jean Pascal.

Sergey Kovalev: Net worth (presumed)
We don't know how much Kovalev is worth heading into tonight's rematch with Andre Ward and couldn't find any conclusive information. Unfortunately, we can only surmise at this moment that it's between $2 and $4 Million. Keep in mind, an elite fighter's take home pay is much less than his overall purse because he has to pay 1-2 trainers as well as other members of his team, including his manager.

A few of his previous purported purses:
vs Andre Ward (2016) - $2 Million
vs Nadjib Mohammedi (2015) - $750,000 (plus additional money from Russian television)
vs Jean Pascal (2016) - $1-$1.5 Million
vs Jean Pascal (2015) - $1 Million
vs Bernard Hopkins (2014) - $500,000 to $1 Million

 
 
Lee Cleveland

Lee is Managing Editor of FightSaga.com, a student of the Sweet Science and longtime boxing fan.

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