The Calgary Alberta-born Steve Claggett has a chance to cause a massive upset and create ripples in the boxing circuit. The 34-year-old journeyman, with a record of 38 wins, 7 losses, and 2 draws, will be going up against the much high-profile, WBO Super-lightweight champion Teofimo Lopez. It still remains a mystery as to why Lopez chose Claggett over other elite boxers in the super-lightweight division like Subriel Matias, Arnold Barboza, or Richardson Hitchins. Lopez’s last fight, which was a title defense, courted controversy after the fans booed the UD victory, and his opponent Jamaine Ortiz called a “117-111” scorecard decision “ridiculous”. Lopez failed to impress on the night as he struggled to land shots on an evasive boxer like Ortiz and give the boxing fans an entertaining fight. It just might be that Claggett’s reputation as a pressure fighter has enticed Lopez who likes a close-quarter showdown. He is possibly looking at Claggett as a tune-up fight before he calls out the heavy hitters of the light-welterweight division.
Even though on paper, the fight looks like a cakewalk for Lopez, a loss would signify a big dent in his reputation. Meanwhile, for Claggett, there are only upsides. Win or lose, he is going to possibly get the biggest paycheck of his career. On that note, what will be the fight purse earnings of both fighters?
Teofimo Lopez and Steve Claggett to get a cut of the PPV income?
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According to Sporty Salaries, Teofimo Lopez will earn a guaranteed purse of $1.5m. His 70% share in the PPV earnings may boost his earnings to $5 million. However, there is a catch, the PPV sales need to cross 500K on fight night. Taking on a journeyman, his upcoming bout’s fight purse is significantly low compared to a lot of his other fights.
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Meanwhile, the Canadian journeyman Claggett will secure a guaranteed paycheck of $500k, and his 30 percent of the PPV share will take his earnings from the fight to $1.5m. It was quite evident that Lopez being the bigger star would demand a bigger percentage of the PPV revenue.
The Top Rank promoted pay-per-view main event will take place at James L. Knight Center, in Miami Beach Florida.
Teofimo Lopez’s highest boxing payouts
The biggest money fight of Lopez’s career was against Sandor Martin which took place in 2022 for the WBO International Super Lightweight title. According to SportsPayouts, The Takeover’ earned a fight purse of $3 million. His second biggest paycheck came in a 2021 title defense fight against Australian George Kambosos Jr. in New York. Although the only loss in ‘The Takeover’s’ boxing record came against him, he wouldn’t have been too sad as he took home $2.1 million for the fight.
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Moving up to the super lightweight division, his third biggest payday came against Mexican fighter, Pedro Campa. Both fighters exchanged blows in the ring for the vacant NABF and WBO International Super Lightweight title. After the win, Lopez secured a paycheck of $1.7 million in his bank account.
In his fight against Josh Taylor last year at the Madison Square Garden Theater, Teofimo won the WBO super-lightweight title outclassing Josh Taylor in a unanimous decision victory. For his hard work, he earned a guaranteed paycheck of $1.5 million.
Moreover, for his high-profile fight against Vasyl Lomachenko in October 2020, he put on an impressive performance to become the unified lightweight champion. For that fight, he earned a $1.5 million cheque.
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Meanwhile, the purse earnings of the Canadian boxer are not yet known. Being a fighter with a relatively low profile, not much has been discussed about his net worth or his earnings.
Nonetheless, what do you think of the fight purse earnings of Teofimo Lopez throughout his career? Let us know in the comment section below.