Ruiz demands £40m for a rematch with Joshua

70 total views, no views today

Barely one week when Andy Ruiz Jr stopped Joshua in the seventh round to become the new Heavyweight World Champion, the American-Mexican boxer has demanded a whooping sum of £40 million for a rematch with Nigerian born British boxer Anthony Joshua in the UK.

Ruiz, the huge underdog sprung a shock last weekend to drop Joshua four times before stopping him in the seventh round.

AJ immediately triggered the rematch clause with the second fight due to take place in November or December.

Cardiff’s Principality Stadium is the frontrunner to host the second installment with Madison Square Garden and the T-Mobile Arena also in the frame.

Ruiz is likely to pick up £10m for the rematch, double his purse for his first clash with Joshua – but he is ready to demand more.

“Right now my team, they are negotiating everything right now. I have just got to stay busy, stay healthy and be ready for the rematch,” Ruiz told Fight Hub.

“I would love it to be here in the United States or in Mexico you know. It all depends on the team and what they negotiate.

“If they want me to go over there (UK), they have to give me $50million. If they want to come over here… It’s just negotiations you know.”

Ruiz is keen to host the fight in Mexico, but that is highly unlikely with the terms of the rematch already agreed through the original contract.

And Joshua is confident he will reclaim his place at the top of the heavyweight division.

“Congratulations to Andy Ruiz, he has six months to be champion because the belts go in the air and he is going to have to defend against myself,” Joshua said.

“I would not mind if it was in … Read More...

Anthony Joshua may lose million-dollar sponsorship deals over Ruiz defeat

86 total views, no views today

British boxer, Anthony Joshua’s surprise defeat to Mexican-American boxer, Andy Ruiz Jr. in New York, on Saturday night June 1, has raised serious doubts among advertisers, who are likely to pull the plug on his multi-million dollars sponsorship deals.

Boxing analysts did not foresee the 29-year-old ceding his WBA, WBO, and IBF titles in such dramatic circumstances.

All the talk before the bout had focused on whether Joshua, previously undefeated in his first 22 professional fights, would next take on a high-profile opponent in Deontay Wilder or Tyson Fury.
“Anthony Joshua’s invincibility has gone and he is now just a mere mortal,” said former British heavyweight, David Haye.

Anthony Joshua was paid $25 million, while Andy Ruiz Jr. got $7 million for their fight at Madison Square Garden, in which Joshua lost the WBA, WBO, and IBF Heavyweight Championships to Ruiz.

Not only is Anthony Joshua a formidable force in the ring, he boasts of an impressive portfolio of commercial endorsements.

The former heavyweight champion has quickly become a lucrative figure in his own right, striking deals with big name brands such as JD, Lucozade Sport and Beats and many more.
Ranging from clothing to television and cars, Joshua has an extensive collection of endorsements from which he reportedly earned £2.7 million in 2017.

Team AJ brand depends very much on Joshua’s success. With over 240,000 tickets reportedly sold for his previous three fights and an impressive 22-match winning streak, the British star’s image is bigger than ever.

In 2015, Joshua embarked on a joint venture with Freddie Cunningham and set up their own company, AJ Boxing and Commercial, primarily earning money through 13 sponsorship deals.
This collection of sponsors is the marketing force behind ‘Team AJ,’ promoting the brand and its image across a … Read More...