Celebrity

Michael Buffer Net Worth: What is the Earnings of the Businessman Michael?

By

David Mudd

Buffer is a multi-millionaire boxing announcer and businessman from the United States. As a boxing and wrestling ring announcer, he is widely regarded as one of the greatest in history. When he coined the catchphrase “Let’s Get Ready to Rumble,” Buffer became a household name around the world. The term became his property after he registered a trademark on it. This trademark has generated hundreds of millions of dollars in royalties for Michael over time.

Every time Buffer says those five immortal words, he can earn anything from $25,000 to $100,000. Occasionally, Buffer has received $1 million in compensation.

Early Life

On November 2, 1944, Michael Buffer was born in Philadelphia, Pennsylvania, United States. He grew up in the Pennsylvania town of Lancaster. At the time of his birth, his father was a member of the United States Navy serving during the Second World War.

Michael Buffer Net Worth:

He was 11 months old when his parents separated, and he was subsequently taken in by a couple of foster parents, a school bus driver and his wife, who nurtured him as their own. Buffer participated in the United States Army during the Vietnam War, between the years of 20 and 23. Following his military duty, he went on to work in a variety of fields, including automobile sales, modelling, and acting.

Boxing Announcer

When he began his professional boxing career in 1982, he was a ring announcer for ESPN, and by 1983, he was calling all of the boxing contests on the network. Because of this, he has gained worldwide recognition and enormous wealth, particularly since Michael shrewdly moved to trademark his iconic slogan in 1984, the aforementioned “Let’s Get Ready to Rumble!” In 1992, after a protracted legal battle, he was granted federal trademark protection for the phrase. He had begun the process of earning it in the mid-’80s and was still working on it now. For a brief period in the late 1980s, Buffer acted as the only ring announcer for boxing matches staged at casinos controlled by Donald Trump. Many boxing greats, notably Sugar Ray Leonard, have expressed admiration for Buffer’s announcing abilities.

“When you introduce a fighter, it makes him want to fight,” Leonard famously said to Buffer about fighting. Throughout his career, Buffer has made a total of $400 million in revenue alone from trademark licencing. Buffer has inked a deal with DAZN to serve as the exclusive ring announcer for all of the streaming service’s boxing events going forward.

Buffer made a name for himself as the announcer for Saturday Night’s Main Event XXXV at Madison Square Garden in 2007, which featured a boxing contest between Evander Holyfield and Matthew Hardy. KSI and Logan Paul engaged in a YouTube boxing match on August 25, 2018, and he served as the match’s commentator.

Wrestling

For the most of his career, Buffer served as the only ring announcer for World Championship Wrestling (WCW) main events featuring Hulk Hogan and other megastars, until 2001. Although the World Championship Wrestling (WCW) has folded, Buffer continues to serve as the lead commentator for pay-per-view matches hosted by their former parent company Time Warner.

Several matches from the promoter Top Rank are shown on HBO. His exclusive contract with WCW prohibited him from announcing for the UFC, but after the company went out of business, he was permitted to announce for other wrestling promotions.

Other Ventures

The WWE and boxing announcements have been joined by those for the infrequent Major League Baseball World Series, the Stanley Cup Finals, the NBA Finals, the Volunteer 500 at Bristol Motor Speedway, and NFL postseason games.

The Affliction: Banned mixed martial arts show will take place on July 19, 2008, and a buffer has been revealed. His announcement came at the 2008 World Series of Poker final table, which featured players Peter Eastgate and Ivan Demidov, later in the year. “Let’s get ready to shuffle up and deal,” he said in a tweaked version of his catchphrase.

The 2017 United States Grand Prix included him as a guest announcer, which he did in 2017. He has also changed up his trademark line to fit in campaigns for Mega Millions (“Let’s get ready to win big!”) and Kraft Cheese (“Let’s get ready to crumble!”) and Progressive Insurance (“Let’s get ready to bundle!”).

Michael Buffer Net Worth:

Buffer has appeared as a guest on a number of talk shows, including those hosted by David Letterman, Jay Leno, Arsenio Hall, Conan O’Brien, and Jimmy Kimmel, among others. In addition, he has appeared as a guest on Saturday Night Live, In Living Color, Mad TV, and the Howard Stern Show, among other shows.

Buffer has appeared in many films and TV series including Creed (playing himself), Grudge Match, America’s Next Top Model, The Bold and the Beautiful, 2012, You Don’t Mess with the Zohan, Rocky Balboa (also playing himself), Dickie Roberts: Former Child Star, Ready to Rumble, The Simpsons, Rocky V, and more. In 2007, he appeared on an episode of the NBC game show Deal or No Deal. During the 2019 adaptation of Dumbo, Buffer makes an appearance and delivers the phrase “Let’s get ready for Dumbo!”

Trade Mark and Video Game Earnings

He applied for a trademark after being approached by Michael’s long-lost half-brother, future UFC commentator Bruce Buffer, who urged he do so. The concept for the threepeat came to Bruce after he learned that NBA coach Pat Riley had made a modest sum by trademarking the term “threepeat.” Because Michael owns the trademark, anyone who wishes to use the term will be required to compensate him. Since 1992, Michael has licenced the phrase to be used in a variety of media, including songs, video games, movies, television series, and a slew of other goods.

For the video game “Ready to Rumble,” one of the most well-known licencing agreements was signed. Apparently, after the game became a tremendous success, game developer Midway gave Buffer $100 million to licence his term for the rest of his life. Not bad for a want tobe actor who decided to become a boxing commentator.

Personal Life

In 2008, Michael was diagnosed with throat cancer and underwent treatment.

He has benefited from his celebrity in that it has enabled him to reunite with alienated family members from his past. In 1989, after watching Buffer on television, he was called by his birth father who wanted to meet him. He was then presented to his half-brothers, one of whom happens to be Bruce Buffer, who works as an announcer for the Ultimate Fighting Championship. Bruce began his career as Michael’s agent and manager.

Buffer married when he was 21 years old, but they divorced seven years later. Michael and Matthew, the couple’s sons, were born of their union. Despite this, he did not remarry until 1999, and he and his second wife eventually separated in 2003. The proposal took place while Buffer was appearing on the Tonight Show with Jay Leno, where he was proposing to his third wife, Christine. They are still together as a couple. Christine and Michael Buffer live in Southern California with their two children.

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