In 2005, The Ring magazine ranked him as the world's second best active boxer, pound for pound. In 2017, it was announced that Wright had been elected as an International Boxing Hall of Fame member in the Modern Category, alongside Vitali Klitschko and Érik Morales, with the induction ceremony scheduled for June 2018.
After his second-round knockout of Carlos Santana on July 30, 1992, in St. Petersburg, Florida, the ring announcer called him "Winky" Wright, the name given to him by his grandmother when he was 6 months old and that had unofficially stuck with him since he was 18 months old. The nickname stuck with him for the rest of his career following his win over Santana.
Major promoters like Don King and Lou Duva declined to work with Wright early in his career. His first promoters were the France-based Acaries brothers, who struck a deal for Wright to fight Darryl Lattimore in Luxembourg on January 1, 1993. Wright knocked Lattimore down three times and the fight was stopped. He then went on a tear during his tour of Europe, winning eight straight in France, Germany, and Monte Carlo while only fighting in the United States once over the next year.

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