Are you serious? The WBA, WBC, and IBF are theifs. They don't take flat fees. they take a percentage out of the fighters checks each fight. So if a champion, or challenger makes a million dollars. He will have to pay the IRS, trainer, manager, cutman, and the Alphabet soups. No wonder you have these fighter going broke. everybody get paid except the fighters themselfs. Think about it. The IRS takes almost half your money. Then you still have to pay everybody else. Not to mention that everyone is confused. Nobody knows who the world champion is anymore. If the "boxing experts" don't know. How will the public? Ask youself one question. Pick a weight class, and then ask yourself who's the champion in that division? I bet you'll have trouble, and that's really bad.