2009 was a good year for boxing, but 2010 is another story. I think dead is a strong word for the situation but it’s definitely in some decline.
Not enough exposure to Boxing. Back then you use to have ABC, CBS, NBC showing fights on cable. Plus too many fights are on PPV when guys like Ali,Leonard, Hagler, Duran, Hearns would fight on cable tv most of the time. I remember Mayweather saying he wouldn’t mind fighting on cable tv, but doesn’t look like that is happening.
A lot of athletes are going somewhere else to make money so there isn’t as much talent now. Why get punched in the face when you could go to the NFL(could be as bad as boxing), NBA, NHL, or the MLB.
The top fighters don’t fight enough. I want to see Mayweather fight 3 times a year instead of just 1.
I probably forgot other points, but I think exposure is the biggest issue. There’s a lot of good fighters out there that don’t get enough press.