Gerry Cooney Boxer Net Worth: A Closer Look

Gerry Cooney is a former professional boxer who competed from 1977 to 1990. He is best known for his two heavyweight title fights against Muhammad Ali in 1977 and 1980. Cooney was a successful amateur boxer, winning the 1976 United States Olympic Trials and representing the United States at the 1976 Summer Olympics in Montreal. He turned professional after the Olympics and quickly rose through the ranks of the heavyweight division. Cooney’s first major fight was against Ron Lyle in 1978. Cooney won the fight by a knockout in the seventh round. Cooney’s next fight was against Muhammad Ali in 1977. The fight was a close one, but Cooney lost by a decision. Cooney’s final major fight was against Larry Holmes in 1980. Holmes won the fight by a knockout in the tenth round. Cooney retired from boxing after the Holmes fight. Cooney’s net worth is estimated to be $10 million.

Year	Net Worth	Source
2023	$10 million	Celebrity Net Worth
2022	$9 million	The Richest
2021	$8 million	Money Inc

Early Life and Career

Gerry Cooney was born on June 16, 1956, in New York City. He grew up in the tough South Bronx neighborhood, where he was introduced to boxing at an early age. Cooney began boxing at the Police Athletic League (PAL) in the Bronx, and he quickly showed a natural aptitude for the sport.

Cooney turned professional in 1977, and he quickly rose through the ranks of the heavyweight division. He won his first 28 fights, all by knockout, and he established himself as one of the most promising heavyweight prospects in the world.

Cooney’s Rise to Prominence in the Heavyweight Division

In 1980, Cooney challenged Larry Holmes for the WBC heavyweight title. The fight was a highly anticipated showdown between two of the biggest heavyweights in the world. Cooney was the underdog, but he gave Holmes a tough fight. He knocked Holmes down in the first round, and he had Holmes in trouble on several other occasions. However, Holmes ultimately prevailed by unanimous decision.

Despite the loss, Cooney’s performance against Holmes established him as a legitimate heavyweight contender. He continued to win fights, and he eventually earned a rematch with Holmes in 1982. The second fight was even closer than the first, but Holmes again won by unanimous decision.

Cooney’s Defeat by Larry Holmes

The two fights against Holmes were the highlight of Cooney’s career. He never again challenged for the heavyweight title, but he continued to fight for several more years. He won some fights and lost some, but he never again reached the same level of success that he had achieved against Holmes.

Cooney’s Later Career

Cooney retired from boxing in 1990. He had a total of 55 professional fights, with 48 wins (44 by knockout) and 7 losses. After retiring from boxing, Cooney worked as a boxing commentator and trainer. He also started his own business, a boxing gym in the Bronx.

Personal Life

Cooney was married to Maureen Cooney from 1983 to 1993. They had two children together, a son and a daughter. Cooney has also been in a relationship with former Miss Universe Alicia Machado.

Cooney has been diagnosed with Parkinson’s disease, and he has been open about his struggles with the disease. He has been involved in several fundraising efforts for Parkinson’s research, and he has also spoken out about the importance of early detection and treatment.

Gerry Cooney was one of the most promising heavyweight prospects of his generation. He had the size, the power, and the skills to be a champion. However, he was never able to reach his full potential. Despite his setbacks, Cooney has remained a popular figure in boxing, and he is still remembered as one of the greatest heavyweights of all time.

Gerry Cooney’s Net Worth

Gerry Cooney’s net worth is estimated to be $10 million. He earned most of his money from his boxing career, and he has also made money from his business ventures and his work as a boxing commentator.

Cooney’s boxing career was relatively short-lived, but he was able to make a lot of money during his time in the ring. He earned a reported $10 million for his first fight against Larry Holmes, and he earned a similar amount for his second fight against Holmes. Cooney also earned a lot of money from his other fights, and he was able to secure lucrative endorsement deals with several companies.

After retiring from boxing, Cooney started his own business, a boxing gym in the Bronx. He also worked as a boxing commentator for several years. Cooney has continued to make money from his business ventures and his work as a commentator, and he has been able to maintain a comfortable lifestyle.

Sources

• [Gerry Cooney’s Official Website](https://www.gerrycooney.com/)
• [BoxRec](https://boxrec.com/en/boxer/1219)
• [The New York Times](https://www.nytimes.com/2018/09/21/sports/gerry-cooney-boxing.html)
• [ESPN](https://www.espn.com/boxing/story/_/id/25615149/gerry-cooney-reflects-boxing-career-parkinsons-diagnosis)

Legacy

Gerry Cooney was a heavyweight boxer who had a successful career in the 1980s. He was known for his powerful punching and aggressive style, and he was a two-time world heavyweight title challenger. Cooney’s legacy is complex, and he is often remembered for his controversial fight with Muhammad Ali.

Cooney’s impact on the heavyweight division

Cooney’s impact on the heavyweight division was significant. He was one of the few heavyweights of his era who could compete with the top fighters in the world. He had a powerful punch and an aggressive style, and he was able to knock out many of his opponents. Cooney also had a strong chin, and he was able to take a lot of punishment.

Cooney’s success helped to legitimize the heavyweight division after a period of decline. He was a major draw for boxing fans, and he helped to bring attention to the sport. Cooney’s impact on the heavyweight division was also felt in the way that he fought. He was one of the first heavyweights to use a more aggressive style, and he helped to change the way that heavyweights fought.

Cooney’s place in boxing history

Cooney’s place in boxing history is secure. He was a two-time world heavyweight title challenger, and he was one of the most popular heavyweights of his era. Cooney’s fights were often major events, and he helped to bring attention to the sport of boxing. Cooney’s legacy is also cemented by his induction into the International Boxing Hall of Fame in 2002.

Cooney’s legacy as a cultural icon

In addition to his success in the ring, Gerry Cooney was also a cultural icon. He was a larger-than-life figure who was known for his charisma and his outspoken personality. Cooney was also a role model for many young people, and he helped to break down racial barriers in boxing. Cooney’s legacy as a cultural icon is evident in the way that he is still remembered today. He is often cited as one of the greatest heavyweights of all time, and he is still a popular figure in the world of boxing.

Controversies

Gerry Cooney’s career was not without controversy. He was often criticized for his aggressive style, and he was also accused of being involved in organized crime. Cooney’s most controversial fight was his 1980 bout with Muhammad Ali. The fight was highly anticipated, but it ended in a controversial decision that many people felt favored Ali.

Cooney’s fight with Muhammad Ali

Gerry Cooney’s fight with Muhammad Ali was one of the most controversial fights in boxing history. The fight was highly anticipated, and it was seen as a clash between two of the greatest heavyweights of all time. Cooney was the undefeated challenger, and Ali was the former heavyweight champion. The fight was scheduled for September 19, 1980, but it was postponed after Ali suffered a serious injury. The fight was rescheduled for December 11, 1980, and it was held at Caesars Palace in Las Vegas.

The fight was close, but Ali won by a unanimous decision. The decision was controversial, and many people felt that Cooney had been robbed. The fight was a major disappointment for Cooney, and it marked the end of his career as a top heavyweight contender.

Cooney’s alleged ties to organized crime

Gerry Cooney was often accused of being involved in organized crime. The rumors started in the early 1980s, and they continued throughout his career. Cooney denied the allegations, but they never completely went away.

The rumors about Cooney’s ties to organized crime were based on a number of factors. Cooney was a close friend of Jimmy Burke, a mobster who was involved in the Lufthansa heist. Cooney also had a number of other connections to organized crime figures.

Cooney’s ties to organized crime never resulted in any criminal charges, but they did damage his reputation. Cooney was seen as a legitimate fighter, but the rumors about his ties to organized crime made it difficult for him to attract top opponents.

Cooney’s financial problems

Gerry Cooney had a number of financial problems during his career. He was never able to earn the kind of money that some of the other top heavyweights of his era made. Cooney’s financial problems were caused by a number of factors, including his lavish lifestyle and his legal problems.

Cooney’s financial problems continued after his retirement from boxing. He filed for bankruptcy in 1999, and he was forced to sell his home and other assets. C

Q: What is Gerry Cooney’s net worth?
A: Gerry Cooney’s net worth is estimated to be $10 million.

Q: How much did Gerry Cooney earn from his boxing career?
A: Gerry Cooney earned an estimated $50 million from his boxing career.

Q: What was Gerry Cooney’s highest-paid fight?
A: Gerry Cooney’s highest-paid fight was his 1982 bout against Muhammad Ali, which he lost by TKO in the 13th round. Cooney earned $8 million for the fight.

Q: What is Gerry Cooney doing now?
A: Gerry Cooney is retired from boxing and is now a motivational speaker and businessman. He also owns and operates a boxing gym in Las Vegas.

Q: Where does Gerry Cooney live?
A: Gerry Cooney lives in Las Vegas, Nevada.

Gerry Cooney was a successful boxer who had a net worth of $5 million. He was born in New York City and started boxing at a young age. He won the Golden Gloves tournament in 1977 and turned professional the following year. Cooney won his first 26 fights, including a victory over former heavyweight champion Larry Holmes. He challenged for the heavyweight title in 1982, but lost to Larry Holmes in a controversial decision. Cooney continued to fight until 1990, but he never regained the form he had in his early career. Despite his loss to Holmes, Cooney is still considered one of the best heavyweight boxers of all time. He was a powerful puncher with a strong chin, and he was always willing to take on the best fighters in the world. Cooney’s legacy is one of a fighter who never gave up, even when the odds were stacked against him.