1. Rise of other sports: With the rise of other sports like basketball, football, and baseball, among others, it has become increasingly challenging for boxing to maintain its popularity.
2. Lack of charismatic figures: Boxing has always relied heavily on having charismatic figures like Muhammad Ali, Mike Tyson, and Floyd Mayweather, who appeal to a broad audience beyond hardcore fans. In recent years, there has been a lack of such characters in the sport.
3. Difficulty attracting young talent: Boxing is often seen as a brutal and unforgiving sport that poses a significant risk to participants. As a result, it has become increasingly difficult to attract young talent into the sport.
4. Poor management and promotion: Boxing has been marred by poor management and promotional strategies, which have failed to generate interest among casual fans. Lack of transparency, corruption, and mismanagement have contributed to a decline in the sport's popularity.
5. The rise of mixed martial arts (MMA): MMA is a combat sport that incorporates elements of various martial arts and has gained immense popularity in recent years. Its rise has come at the expense of boxing, with many fans and fighters flocking to the sport instead.
6. Safety concerns: Concerns about the safety of boxers have increased over the years, with reports of long-term brain damage and other traumatic injuries linked to the sport. As a result, many parents and young athletes are avoiding the sport altogether.
7. The lack of major events: Boxing has historically relied on major events like heavyweight championship fights to maintain its popularity. However, such events have become increasingly rare in recent years, leaving fans with little to look forward to.