because boxing is a brutal sport and only the poorest and most uneducated class get involved in it to try to escape the ghetto. it's always been that way in American with boxing.
During the first half of the last century it was the Italians, the Irish, the Jews and African Americans who boxed in America. As those ethnic groups moved up the socio economic ladder they pretty much disappeared from boxing. Not many African Americans are going into boxing anymore, boxing used to be THE most lucrative sport for an athlete in the US - football and basketball now are the ticket out of the ghetto for black kids. Hispanics may be a bit different, boxing is more to them than just a way out of poverty, machismo. I'm sure though as Hispanics in America blend in more and get richer that there will be less of them going into boxing.
Boxing in general is dying in the US.
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