Why are the best boxers on TV not also competing in the Olympics?
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Until the last 50 years, Olympic athletes had to be amateurs, so therefore, professional boxers traditionally were ineligible to be in the Olympics.
Even after this was relaxed, and then removed completely, it doesn’t really make sense for boxers. Say you are Canelo or some other top ranked boxer, you are making $20M or so per fight. Would you really want to go to the Olympics, which could already mess up your current fight cycle, but even more risk getting hurt?
The prestige an Olympic medal would give them just doesn’t outweigh the other risks.
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