Originally posted by Earl Hickey
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Lamont Petersen got paid $37,000 for title defence Vs Holt
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And Luis Franco was complaining about getting 20 G's?
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WOW WOW WOW. Jessie Vargas got paid 100k to be the UNDERCARD'S UNDERCARD on a PPV. This is ridiculously low for a title fight.
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This is what pay should be for most fighters without the HBO & Showtime inflation and I think they sold 5k tickets which is good and dwarfs overpaid guys like Berto.
It shouldn't have been for a title, I forgot all about it until the fight started. Even with all the nonsense titles in boxing, Peterson shouldn't have one after failing a drug test.
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What many here also do not realize, is that a fighter only walks away with about 30%-35% of their actual purse. NO Exceptions!
People gotta be paid. First you have their team: trainers, promotor, managers and other expenses all take their slice. That might leave about 55-65% of their purse left. When they are done, uncle sam comes in and picks the bones dry for another 15-39% of what is left (depending on the tax bracket they are left with)
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They should be glad they got paid, Peterson should have been banned and stripped and Holt didn't deserve a title shot.
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