Tyson Fury’s $76 Million Payday KO’d By The Taxman – Who’s The Real Heavyweight Champ Here?

British heavyweight Tyson Fury is set to experience a substantial reduction in earnings following his rematch against world champion Oleksandr Usyk. Financial details reveal that Fury's initial $76.1 million in revenue from the fight will be almost halved due to mandatory taxes and national insurance deductions imposed by the United Kingdom.

In the rematch, part of a lucrative $190 million prize pool, Oleksandr Usyk, the current WBA, WBC and WBO champion, is expected to receive 60% of the total purse, which equates to approximately $114 million . Conversely, Tyson Fury's share amounts to 40%, or an amount of $76.1 million. However, this figure is heavily influenced by UK tax obligations. According to projections by bookmaker Jeff Bet, Fury would have to pay £28.19 million ($35.7 million) in taxes. This includes £26.99 million in income tax and £1.2 million in national insurance contributions, ultimately leaving him with around £31.81 million (40.3 million dollars).

Data provider Jeff Bet highlighted the inevitability of these tax obligations for UK residents earning substantial income overseas. He declared to Daily Mail“If you live in the UK, you have to pay tax on income earned abroad in the same way, and this remains the same no matter how much someone earns. Good tax advice is always important and in this case you can be sure that the Fury camp will have considered a deal that would be most beneficial.

Despite significant tax pressure, Fury's income remains substantial. In their initial fight in May 2024, Fury earned $103 million from a 70% share of a $147 million purse, while Usyk received $44.4 million from his 30% stake. . Fury's strong brand recognition and market value have positioned him as a leading figure in the heavyweight division.