I may be wrong, but I think the OP may have been referring more to the quantity/quality of boxers now dominating the scene. The Saudis may well be pouring colossal amounts of money into hosting huge boxing events.... but that's all they can do, really. They don't have enough oil or money to buy champions of their own, so they're reduced to "kidnapping" the places where the champions fight. It's all artificial B.S., as us boxing fans are fully aware, since most of us don't get to these events live.... we still watch them on TV and/or stream no matter where they're held. Hell, if Greenlanders had enough money of their own.... they could probably hijack a few championship fights of their own.
Regarding U.S. "presence" in boxing, I believe that has slowly become the case over the past few decades. It wasn't all that long ago (before Klitschko) that the HW scene was dominated by U.S. fighters (I avoid the term "Americans", as it's too general for me). Ali, Foreman, Holmes, Tyson, etc, etc. Those days are gone and will probably never return, because the rest of the world has caught up and will not give up its hold on their share of the HW action. In the other weight divisions it's always been more of an international scene, with occasional blips on the radar by U.S. megastars like Floyd, SRL, RJJ, BHop and Hagler.
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