Anthony Joshua is about to half with a good portion of his earnings after stopping Jake Paul of their heavyweight conflict in Miami.
The British boxer knocked Paul down and out within the sixth spherical of their bout on the Kaseya Heart on Friday evening. Regardless of the emphatic end, the 36-year-old admitted his efficiency in opposition to the social media star-turned-boxer was not flawless.
Chatting with talkSPORT, Joshua accepted potential criticism for permitting the struggle to go six rounds. “I deserve it,” he mentioned when requested about backlash. “As a result of we’re elite fighters, if I put myself within the sneakers of a coach, if my fighter did six rounds with Jake Paul, I’d get him again within the gymnasium tomorrow, give him a little bit of a beating and get straight again to work. I’d be like, ‘How are you letting this child take you six rounds? Are you loopy?’
“However I can’t return in time, however credit score to him, he performed effectively. I informed him what would occur nevertheless it simply took six rounds to do it.”
Joshua and Paul reportedly shared a prize pot of round £137 million, with every fighter incomes roughly £68.5 million from the Netflix-broadcast bout. Referee Christopher Younger stopped the competition at 1:31 of the sixth spherical, after the pair had spent a mixed 989 seconds within the ring. That determine equates to roughly £69,000 per second or £4.1 million per minute for Joshua.
Nonetheless, the Watford-born former two-time unified heavyweight champion is not going to take house the complete quantity. As a UK resident combating in the USA, Joshua is responsible for tax in each nations.
In response to AceOdds, about 37 per cent of his purse — roughly £25.6 million — can be paid to the Inner Income Service. Though Florida has no state earnings tax, the bout happened on US soil, making Joshua topic to federal earnings tax on the highest fee.
He should additionally settle the stability of his UK tax obligations, owing an estimated £5.5 million to HMRC, together with round £1.4 million in Nationwide Insurance coverage contributions. In whole, Joshua’s tax invoice is anticipated to be within the area of £32 million.
Regardless of the eye-watering figures, Joshua insists cash was not his major motivation for accepting the struggle. “It’s not even my largest payday; it’s not about cash,” he mentioned. “For me, it was extra concerning the alternative. I needed to showcase my abilities to the world.”
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