Quote Originally Posted by The Rookie Fan
It is a sad trueth of the sport. Boxing is probably the most dangerous sport there is and even now it barely pays enough to make a living. Unless you are a big name, you won't make much money. Back then it was even worse.

He made plenty of $$$ but it's who he entrusted it too:

"The fighter's mother said she isn't sure how much money he earned over 62 professional fights in his 17-year career, but "several million" sounds right. What she does know, she added, is that her late husband, Gregorio, who managed their son and kept his financial records, squandered much of those winnings purchasing racehorses. The fighter's father died in 1996. What was left of the prize money dried up about five years ago -- and with it, his 24-hour nursing care, his mother adds. He was diagnosed with diabetes about three years ago."