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#21
Old 03-01-2012, 10:23 PM
Russian Crushin
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Quote:
Originally Posted by RichCCFC View Post
LOL too right, I always laugh when Floyd says he keeps "all his money", not only those 3 but Golden boy would get something too.
When he says all the money, he means that he's receiving a percentage of all revenue streams
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#22
Old 03-01-2012, 10:25 PM
MalikKnucklez
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I wish we would have more discourses on this than the bulls**t back and forth tirades from *******s and *****s.

Its a business model that hasnt been blueprinted before or since Mayweather. In almost any distributor/promotion/manager contract, the fighter gets the raw deal simply because the way the revenue for these events are filtered, is from the top down.

As a Boxer, we are never taught this. We get fed the idea that we are the "breadwinners", and that we provide for everyone else on the Team. when in reality, it is nothing like that. we get fed the crumbs, alwhile being the ones who put our bodies, lives, and health on the line.

This applies outside of boxing as well, with other athletes. In some instances, some fighters don't even see the $ for their own merchandise sales.

More young athletes need to be educated on this.
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#23
Old 03-01-2012, 10:26 PM
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Quote:
Originally Posted by Russian Crushin View Post
Basically Floyd puts up money for a fight by himself like a promoter would for his fighter. So all the risk falls on him because he puts the money up and basically gives himself a guarantee.

In pac's case, all the risk falls on Arum because he puts the money up and a guarantee for Pac which he has to receive.

The main problem im seeing is how this would work with another promoter? I dont think that plan can possibly work with a co-promoter, hense why he wants Arum out of the picture
exactly.this is the problem.
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#24
Old 03-01-2012, 10:29 PM
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Originally Posted by Larryx2011 View Post
exactly.this is the problem.
Yes, Floyds problem.

You cant tell someone to drop their promoters especially since he cant, being contractually obligated

Meaning Floyd would need to drop that model for the Pac fight
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#25
Old 03-01-2012, 10:30 PM
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Leonard Ellerbe is also a very good manager. One of the last great boxing managers, not a promoter, little bit of a trainer but an old-school manager
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#26
Old 03-01-2012, 10:30 PM
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Of course he wants Arum out of the picture, because that will allow Mayweather to make the most money. Manny's screwed either way though, but the best deal is easily without Arum. When people say things like Mayweather is just adding another roadblock by saying "get rid of Arum", nah it's just reality.

We have one boxer who hires a promotional company to the ins and outs vs a boxer that gets paid to fight. That's difficult to handle. One person earned his way to be in that unique position while the other just followed the norm. I just wish Bob Arum is out of the picture ASAP, because that's how the fight happens.
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#27
Old 03-01-2012, 10:38 PM
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Originally Posted by Roman Moreno View Post
Not true, Oscar did it beforehand. But, credit to Floyd he has been very successful as well. However, it is wrong to say that more fighters need to do this. Other fights have tried as well and haven't been successful. It is very rare when a fighter can make good money without a promoter. Most of them need a promoter.
Yes i think Oscar did it too but thats because he owned his promotional company i think

And it is rare because just look at Floyds fight, he has to put up about 10 mil each fight. What other fighter has 10 mil, let alone would risk 10 mil
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#28
Old 03-01-2012, 10:38 PM
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Originally Posted by Roman Moreno View Post
Not true, Oscar did it beforehand. But, credit to Floyd he has been very successful as well. However, it is wrong to say that more fighters need to do this. Other fights have tried as well and haven't been successful. It is very rare when a fighter can make good money without a promoter. Most of them need a promoter.
No, Oscar created a Promotions company first. One that he doesnt own a majority split over, nor does he have the autonomy to wage a split with the networks the way the article explained. Im saying this because he hasn't. By all intents and purposes, Oscar is more of the "face" of GoldenBoy than anything else.

And im not saying all up-and-coming fighters should go out, fire their promoters and expect to make $114 million off a fight. Because, most fighters aren't floyd mayweather. Floyd didn't begin his career with this set up, thats obvious to the both of us.

Im saying more fighters need to be educated on how the revenue streams for their events are being distributed. And not just after the fight, but before the fight. Because alot of times, there are costs that are being allocated to things that fighters can internally, with an in-house management team, handle. Insurance coverage and State sanctioning being two major ones.
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#29
Old 03-01-2012, 10:41 PM
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Im not too much of a Manny P. fan, but with his superstar status he should easily be bringing in the kind of money that Mayweather does. Don't get me wrong, he makes a lot of money, him and Floyd probably make the most in boxing today. Manny has done well with Bob Arum and he has been promoted well over the years, but he too should be in the driver's seat similar to how Floyd is when it comes to boxing both inside and outside of the ring. Just my thoughts on that matter.

Not saying that all boxers should use Mayweather's business model, but there is a lot to be learned from Mayweather's business/management team.
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#30
Old 03-01-2012, 10:45 PM
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so according to the article Mayweather would make around 30 mill after expenses (if he sells 1.4 - 1.5 mill ppvs which his last fight did not)etc and Pac made 30 mill in his last fight so on a per fight basis they make about the same (slight edge for Pac) but on a annual basis Pac makes much more if you factor in BOTH million plus PPVs and endorsements

so if you do the math its quite simple

in 2011 Pac grossed around 60 million from boxing alone (not including endoresemnts)

in 2011 floyd grossed around 30 million from boxing alone

Theres a reason why Pac is called the greatest cash cow the sport has ever seen.

Last edited by Check_hooks; 03-01-2012 at 10:48 PM.
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