Soon after his victory over Mayweather, Todorov rejected a lucrative offer from a group of American boxing promoters. He believed that if he had won the gold medal match in 1996, the Bulgarian Boxing Federation would provide more financially than the proposed contract would have. However, he received little support and decided to switch nationalities and represent Turkey at the 1997 World Amateur Boxing Championships. The Bulgarian Boxing Federation barred this move, and Todorov refused to represent his native country, ending his amateur boxing career by 2003. As of 2015, Todorov lives in Pazardzhik.