Oscar De La Hoya Used His Massive Net Worth to Buy a Pro Soccer Team
Oscar De La Hoya is one of the greatest pound-for-pound fighters in the history of boxing, and he’s also one of the richest. De La Hoya built up a massive $200 million net worth from his professional boxing days and his time as a fight promoter. He used a portion of his impressive wealth to purchase a professional soccer team in 2008. De La Hoya still attends almost every home game today.
Oscar De La Hoya’s boxing career
Oscar De La Hoya was a professional boxer from 1992-2008. He fought legends such as Floyd Mayweather Jr., Manny Pacquiao, and Shane Mosley, among others during his career.
During his time as a pro, “The Golden Boy” compiled an impressive 39-6 record. Even more impressively, 30 of his 39 wins came by knock out. On the other side, he was only knocked out twice in his career.
De La Hoya is one of the few legendary boxers who captured titles in multiple weight classes. He was one of the most versatile fighters of his era, and he was involved in some of the biggest pay-per-view fights of all time.
De La Hoya retired in 2008 after losing to Manny Pacquiao by KO. However, he didn’t leave the sport of boxing in retirement. De La Hoya would go on to become one of the most successful boxing promoters ever.
Oscar De La Hoya’s success inside and outside the ring led to a massive net worth
Oscar De La Hoya isn’t just one of the winningest boxers of all time. He’s also one of the richest. Beyond his career earnings inside the ring, he expanded his wealth in retirement by becoming a successful fight promoter.
De La Hoya started his own promotion business called Golden Boy Promotions, where he serves as the president today. Some boxing fans know him better as a promotor than as a fighter.
Aside from promotion, De La Hoya has also been involved in several business ventures in the last decade. He started a boxing show on HBO and even his own clothing line.
With his success inside the ring and outside of it in retirement, De La Hoya built up his massive net worth. His current net worth stands at $200 million. In 2008, he used some of his wealth to get involved in a different sport.
De La Hoya bought a minority stake in the Houston Dynamo in 2008
Most of De La Hoya’s business ventures involved boxing, but he changed things up with a large purchase in the soccer world. In 2008, De La Hoya and Golden Boy Promotions purchased a minority stake in the Houston Dynamo in Major League Soccer.
De La Hoya was instrumental in erecting a new stadium for the team in 2012. However, the team hasn’t seen much success since De La Hoya joined the franchise.
The Dynamo haven’t won an MLS Cup since De La Hoya purchased a stake in the team. Houston has missed the playoffs in five of the last six seasons.
All stats courtesy of BoxRec