A well-known British sports promoter is Edward John Hearn. People on social media are curious about his net worth. They’re curious about his earnings as a sports promoter. You will find all the facts about his profits in this post.
How Much is Eddie Hearn’s Net Worth?
The estimated value of Eddie Hearn’s net worth is $50 million. He is a Professional Darts Corporation director. In addition, he oversees Matchroom Sport and Matchroom Boxing as the group executive director. Barry Hearn, his father, founded the company that is today known as Matchroom Sport.
Maintaining the company’s TV boxing contract with Sky Sports in the UK is Eddie Hearn’s primary responsibility. In 2018, Eddie Hearn declared the first-ever $1 billion boxing deal when Matchroom and DAZN reached an agreement to see events in the US. Hearn used to work for IFLTV and is well-known on YouTube.
Eddie Hearn has promoted a wide range of athletes, including Anthony Joshua, Oleksandr Usyk, Kell Brook, Khalid Yafai, Ryan Burnett, Dillian Whyte, Artur Beterbiev, Danny Jacobs, Luke Campbell, Demetrius Andrade, Tony Bellew, Maurice Hooker, Tevin Farmer, Katie Taylor, Devin Haney, Rocky Fielding, Callum Smith. You can read about Eddie’s academic and professional experiences below.
Was Eddie Hearn Good at Studies?
Hearn attended Ess*x, a private school, Brentwood School. His GCSE results were insufficient to get him into Brentwood School’s sixth form. Hearn excelled in both football and cricket. Because of his athletic record, his father Barry begged the school to let him stay, but they refused.
He subsequently enrolled at the non-selective Havering Sixth Form College in Hornchurch. Barry offered Hearn £1,000 if he received a C or above in the media studies, physical education, and business studies A-level subjects. It inspired him to study. Hearn received one A, two Cs, and three grades.
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When Did Eddie Hearn Start His Professional Career?
After graduating from high school, Eddie Hearn began his career in the West End working for a sports management company that represented golfers. Subsequently, he promoted online poker through Matchroom, whose events were broadcast globally.
In the UK, Sky Sports, Channel 4, and Channel 5 carried them. At a poker game, he met Audley Harrison and made the decision to assist him in resuming his career. He arranged a match between heavyweight champion David Haye and Harrison for Haye’s WBA title, which marked the beginning of Matchroom Boxing’s expansion. See his Instagram post below:
View this post on Instagram
In 2015, Hearn inked a contract to have up to 20 episodes broadcast exclusively on Sky Sports, a UK broadcaster. The agreement was in effect for six years, or until 2021. Hearn organized some major fights, such as Anthony Joshua vs. Wladimir Klitschko in 2017 and Carl Froch vs. George Groves II in 2014.
Wembley Stadium hosted both fights, which drew crowds of 80,000 and 90,000 spectators, respectively. Hearn revealed in May 2018 that Matchroom and DAZN, a streaming service, have struck an agreement to view boxing matches across the country.
This was the first-ever boxing transaction worth $1 billion, or £750 million. Hearn and Matchroom Boxing agreed as part of the deal to host 16 U.S. shows that were exclusively available on DAZN. In addition, 16 of his UK performances will air on the platform.
In 2019, Hearn made the decision to sponsor a professional boxing battle between Logan Paul and KSI, two well-known YouTubers. On November 9, 2019, the game took place at the Staples Center in Los Angeles.
Boxing fans around the globe had harsh things to say about this battle. Hearn’s father resigned as chairman in April 2021 to take on the role of president of the group, along with advisory responsibilities. He was able to rise to the position of Chairman of the Matchroom Sport Group of Companies as a result.
On June 3, 2021, Hearn announced that he had inked a 5-year contract with DAZN, which will see all of his fighters from Matchroom available on the platform. This implied the termination of Matchroom’s collaboration with Sky Sports in the United Kingdom and Ireland.
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