Colby Covington’s Net Worth in 2023

Colby Covington is a mixed martial arts fighter who currently competes in the Ultimate Fighting Championship. He was a former Interim UFC Welterweight Champion and is currently ranked No. 3 in the UFC welterweight rankings. On Saturday, Dec. 16, Covington will have the biggest fight of his life as he is set to square off against Leon Edwards in a title bout for the welterweight championship at UFC 296. In this article, we’ll take a look at Colby Covington’s net worth in 2023.

Colby Covington’s Net Worth in 2023 (estimate): $4 million

Colby Covington’s net worth in 2023 is $4 million. This is according to numerous reputable outlets, including Celebrity Net Worth. The majority of Covington's wealth has come from his time in the octagon as he is a polarizing fighter that many companies aren't willing to endorse. However, this is attractive for some companies, too, and he is endorsed by Bang Energy, Reebok, and Alienware.

Win or loss, Covington is sure to increase his net worth after UFC 296, but winning the welterweight title belt would catapult his career and his earnings to new levels.

Colby Covington was introduced to wrestling at a young age because his father was a wrestler during his time at the Oregon Institute of Technology and Southern Oregon University. During his high school years at Thurston High School in Springfield, Oregon, Covington wrestled for four years and was a state champion as a 171-pounder in his senior year.

He initially committed to Arizona State University, but his test scores were below par, so he decided to attend Iowa Central Community College. As a true freshman, he held a record of 34-0 and won the 165 lb national junior college wrestling title. He was also roommates with future UFC champion Jon Jones.

After a successful year at Iowa Central, Covington transferred to the University of Iowa. However, he was arrested for eluding the police and driving under the influence which led to him being suspended from the school’s wrestling squad.

He looked for a fresh start and transferred to Oregon State University. Covington qualified for the NCAA tournament as a junior and a senior. He was an All-American in his senior year and was a two-time Pac-10 Conference Champion at 174 lb. He graduated with a bachelor’s degree in sociology in 2011, and he established his wrestling ability to be among the best in the world.

Colby Covington's MMA career: Early days

Colby Covington made his MMA debut on Feb. 11, 2012, where he faced Chris Ensley at Midtown Throwdown 3. He won the fight via TKO in the 1^st round.

He then won four straight fights under various promotions after his debut win. Covington fought under Fight Time, CFA, and AFC. Two out of his four wins came from submission, and the other two were unanimous decision victories.

Covington made his UFC debut at UFC Fight Night, where he faced Anying Wang. He won the match via TKO in the closing seconds of the 1^st round. His next fight was against Wagner Silva, and he won via submission in the third round. By this point, Covington had started to establish himself as one of the best up-and-comers in the sport.

At UFC 187, Covington faced Mike Pyle. Both fighters fought the whole three rounds, but Covington was declared the victor via unanimous decision.

His first loss in the UFC came in the hands of Warlley Alves at UFC 194. He lost the fight via submission after Alves secured a guillotine choke that forced him to tap out. After suffering his first defeat, Colby Covington stringed five straight victories, mostly via unanimous decision.