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Is Celebrity Boxing the Next Billion Dollar Sports Entertainment Company?

In the world of sports and entertainment, an unexpected player is taking center stage: Celebrity Boxing. Founded by former undefeated boxer Damon Feldman, the company is poised to become the next billion-dollar sports entertainment juggernaut.

Celebrity Boxing had humble beginnings, initially conceived as a unique form of therapy for Feldman. His promising career was abruptly halted by a freak neck injury, prompting a personal quest for what was next in his life. What began as a one-off match between a weatherman and a radio host from Philadelphia has evolved into a global phenomenon two decades later.

“I never saw it as a business. I didn’t take it seriously,” Feldman confessed. “It was my therapy to help me through depression from my crazy childhood, where my mom became a quadriplegic in a wheelchair after being thrown out of a car by an ex-boyfriend.”

Feldman’s childhood was marred by tragedy and hardship, causing him to repress many memories. The transformative experience of living with his father and being mentored by his uncle, Anthony “2 Gunz” Fletcher, and his father, Frank “The Animal” Fletcher, forged his resilience. It was a harsh environment that turned their home into a boxing training camp, instilling in him an understanding of life’s harsh realities at an early age.

Despite the challenging journey, Feldman credits it with molding his character and his ability to face adversity head-on. “It was a tough journey but it made me understand life hard and fast,” he says. “The obstacles I went through, I plan to help my kids out and show them the right direction in life.”

While Celebrity Boxing initially didn’t provide significant financial gains, the global pandemic and the subsequent closure of many live events turned out to be a catalyst for the company’s growth. The momentous bout between Mike Tyson and Roy Jones Jr., followed by internet sensation Jake Paul’s fight against NBA star Nate Robinson, revitalized public interest in celebrity boxing. Feldman’s pairing of Reality TV and NBA star Lamar Odom against Pop Star Aaron Carter became a worldwide sensation.

Celebrity Boxing has since organized a series of events featuring a wide range of participants from reality TV stars to musicians. This innovative platform has also morphed into a music stage for aspiring artists to showcase their talents, with the boxing ring serving as their spotlight.

The company has developed a ‘pay to play’ model, providing an opportunity for those who aren’t celebrities yet but aspire to be. This unique platform helps individuals get their chance at fame through press conferences, social media promotion, and live event participation.

The future looks promising for Celebrity Boxing, with new revenue streams opening up from music and TV deals. The company’s latest venture, a Metaverse Digital platform, will kick off with a match between boxing legend Roy Jones Jr and social media star NDO Champ, viewable on Pay Per View TV.

Feldman is optimistic about the company’s future, emphasizing that Celebrity Boxing is just getting started. According to him, it’s a platform designed for the underdog to get their chance at stardom, and if its current trajectory is any indication, the sky’s the limit for this unique sports entertainment phenomenon.

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