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Boxer Ron ‘The American Dream’ Johnson Inks Mega Deal with Fidelity Management
By Kenneth Miller ASSISTANT MANAGING EDITOR
Published July 17, 2009

                    Ron_Jphnson
                                                      Ron Johnson

Light heavyweight boxing prospect Ron ’The American Dream’ Johnson’s inactivity in the ring has not prevented him from maximizing his potential because recently he reached a partnership with Fidelity Management Solutions  (FSM) of Las Vegas that projects Johnson’s worth at an estimated $11 million within one year, according to the contract.

 

The staggering and unique agreement will allow for Fidelity Management Solutions to manage the fighter’s Dream Business Group LLC which manages and oversees several of Johnson’s business and non-profit organization under one umbrella.

 

“This agreement will structure my business and allow for me to focus on fighting and becoming a world champion,” said Johnson.

 

The agreement is a three year partnership between Fidelity Solutions Management and Dream Business Group, LLC will also award Johnson a 20 percent  share of  FSM.

 

Johnson who is 10-1 last fought in 2007, but is scheduled to fight in his home town of Cleveland, Ohio on August 29 against Billy Bailey (9-4) at the Wolstein Center.

 

He owns AD& CO Films which is producing motion picture title “Busted” and two reality television shows which co-star Johnson and boxers Zab Judah and former heavyweight world champion Mike Tyson.

 

His non-profit foundation ‘Put Down The Guns and Pick Up The Gloves’ is an aggressive campaign he’s launched  to help troubled youths involved in gangs.

 

The 23-year old pugilist represents a new ear of professional boxers who manage and promote themselves, and one who has learned about the harsh reality of how most fighters leave their ring life broke and destitute.

 

“I have vowed to not let that happen to me which is why I have made all of the necessary arrangements that will make sure I will be able to take care of my family after boxing and make a living when I cannot fight anymore.”

Categories: News (Sports)

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