Why I Went Digging Into Joe’s Money Stuff
So I saw people arguing online about how much cash Joe Smith Jr. actually has after those big fights. Everyone had a different number! I thought, “Heck, I need to figure this out myself.” Here’s the messy journey step-by-step.
Step 1: Fell Into The Fake Info Trap
My dumb move was just googling “Joe Smith Jr. net worth”. Boom, instant answers! Pages like CelebrityNetWorth said it was $5 million. Looked legit at first, right? Then I found another site claiming $8 million. Wait a minute… why such a big gap? That got me suspicious.
So I started checking when those sites were last updated. Turned out they hadn’t changed since BEFORE his last couple huge fights! How useless is that?
Step 2: Going Deeper Down Boxing Rabbit Holes
Ditched the regular websites. Focused on hardcore boxing forums where people track fight payouts. Dug into threads about his fights against Beterbiev and other top guys. Found discussions quoting these reported payouts:
- The Vlasov fight? People mentioned around $500k.
- That brutal Beterbiev loss? Numbers floated between $750k and maybe $1 mil.
But still just gossip! Needed proof.
Step 3: Hunting Down Actual Paperwork
Got serious. Searched for official fight contracts or financial disclosures – tough find! Found old Nevada Athletic Commission docs showing pay for smaller fights. For the big ones? Not much luck. Finally stumbled on some legit sports business sites reporting his Beterbiev purse was confirmed at $900k. Gotcha!
Step 4: Adding Up The Bits (And Taxes!)
Ok, $900k from Beterbiev… plus maybe $600k from Vlasov… plus earlier smaller purses. Sounds like $5 million total? Nope, rookie mistake! Gotta remember the tax man! Research shows boxers lose 40%+ right off the top to taxes, managers, trainers. Plus living costs! That $900k fight pay shrinks real fast. Then there’s sponsorships. He had some local ones, maybe a fitness brand. Added another chunk, but not huge.
My Final Verdict (After Headaches!)
After spending way too long cross-referencing fight reports, tax estimates for high earners, and known expenses? CelebrityNetWorth’s $5 mil is way too high. The $8 mil site is nonsense. Realistic figure for Joe Smith Jr. today, factoring in all those fight purses after deductions, some small sponsorships, and his spending? I’m putting it at a solid $1.8 – $2.2 million net worth. The big money gets eaten up fast unless you’re Canelo-level famous. Feel like I just fought ten rounds myself! Gotta be more careful next time I see those instant net worth numbers online. They lie.
