I always wondered this because Floyd made 25 mil for the fight, and that fight broke all kinds of records. So i guess what im wondering, is.....if lets say Oscar gave something like 65-35, then how could Floyd be making 50+ mil a fight like he claims. Even if its reversed, with Floyd having the lions share....without all those crazy PPV buys, and sponsors, hes looking around 20 mil from the PPV's (and fighters do NOT keep all of the PPV money).......i dont think that Floyd keeps ALL the PPV every fight. I could be wrong, but can someone enlighten me?
mayweather makes a lot of money from sponsors (his guarantee for ortiz was 25million before ppv was considered). I read a article that suggested he also makes money from everything that is sold in the arena on fight night i.e. every beer, hot dog and t-shirt etc sold he will get a little percentage. then there is the fact tht when he is on 24/7 it averages 30% more viewers than 24/7 without him, which would result in the sponsors being prepared to spend more sponsoring him.
Floyd paid that guarantee to himself, he doesnt make much more than other fighters that do similar numbers.
The fact that he can put that money down tells me he's not even remotely close to in trouble for money though. If he keeps gambling the way he does now after his finished boxing, he could wind up in trouble down the road.
Then why not pay the IRS first? He was betting like that too before his IRS problem.
Nothing seems to change, why would you expect otherwise when he finishes boxing. A successful promotional company would alleviate gambling issues.
Martinez is becoming that guy lol.
Sergio??? He is a bit underrated on here now all of a sudden. It's like because he lost a couple rounds to Barker and 3-4 rounds to Macklin, people think he sucks now or something.
Right. People need to realize that blame is on both Floyd and Manny. And Floyd has now become the most underrated fighter on here, in terms of career. I've never seen a fighter do the things he's done and get s**T on so bad, it's crazy.
Martinez is becoming that guy lol.
Floyd has gambling issues. That may be his biggest problem and eventual downfall. Not sure about he knowing the nitty gritty details of the promo biz. Probably someone else does.
The fact that he can put that money down tells me he's not even remotely close to in trouble for money though. If he keeps gambling the way he does now after his finished boxing, he could wind up in trouble down the road.
nobody really knws what hes worth. he was defintly having money probems with irs and everything. hbo keeps most of the pay per view.
Floyd has gambling issues. That may be his biggest problem and eventual downfall. Not sure about he knowing the nitty gritty details of the promo biz. Probably someone else does.
First I've heard it too but that's what he called me. :|...
It's like unless you're saying something negative about Floyd, shame on you, right? Lol
Right. People need to realize that blame is on both Floyd and Manny. And Floyd has now become the most underrated fighter on here, in terms of career. I've never seen a fighter do the things he's done and get s**T on so bad, it's crazy.
Maybug??? What the f**k is that s**t??? That's not even clever....
First I've heard it too but that's what he called me. :|...
It's like unless you're saying something negative about Floyd, shame on you, right? Lol
I used the word supposedly for a reason (indicating my doubt to it being exaggerated..). My knowledge is very limited on this topic and I even admit that it's all speculation at this point. Please don't jump to conclusions calling me a "maybug", it makes you look bad. We're trying to figure out how he does it, there's no room for that, keep it to yourself, please. I liked your previous post since it seemed like you knew more than me on the topic (props), but as you and I have said, none of us know. Appreciate you clearing some things up in the earlier post.
Maybug??? What the f**k is that s**t??? That's not even clever....
The IRS information was taken from public records by people interested enough to dig into it, and write articles about it. It's "supposedly exaggerated" only in your mind, because you are a raving "Maybug". No harm in that, but don't mislead people.
I used the word supposedly for a reason (indicating my doubt to it being exaggerated..). My knowledge is very limited on this topic and I even admit that it's all speculation at this point. Please don't jump to conclusions calling me a "maybug", it makes you look bad. We're trying to figure out how he does it, there's no room for that, keep it to yourself, please. I liked your previous post since it seemed like you knew more than me on the topic (props), but as you and I have said, none of us know. Appreciate you clearing some things up in the earlier post.
nobody really knws what hes worth. he was defintly having money probems with irs and everything. hbo keeps most of the pay per view.
HBO doesn't get much from PPV. They only get a 10% cut. The promoter and Cable/Satellite company split the rest of the revenue 45/45.
De La Hoya was guaranteed $23.3 million and Floyd $10 million
After all the revenue came in both of their purses more then doubled. I think it was Floyd $25 Million and De La Hoya $53 million.
Looks like a 70-30 split to me.
You could be right, but his IRS probems were supposedly grossly exaggerated.
That and not paying your taxes (iirc was the issue) doesn't mean you don't have money. I dont think they made public his numbers like they did with Pac in his country. HBO probably keeps a good ammount in PPV, but do they pay Floyd initially to have the rights to it?
Also someone above mentioned that Floyd gets a cut out of everything and I wouldn't doubt it. He makes it sound like he's involved in everything so who knows.
It's all speculation really and we can't say exactly how he's doing business. Doubt he'll ever say either lol.
The IRS information was taken from public records by people interested enough to dig into it, and write articles about it. It's "supposedly exaggerated" only in your mind, because you are a raving "Maybug". No harm in that, but don't mislead people.
Floyd pockets more of the revenue than a traditional fighter who pays a lot in fees to promoters, managers, etc etc. So, he made less against Oscar, but because of that fight, he became the "Oscar" of the sport so to speak. Floyd said he met Oscar's demands, so I'm sure he probably only got something like 70-30 or something. There's also the possibility that he puts some of his own money up front to cover some of the costs, and therefore reaps more rewards. I'm not entirely sure what his method is, but it seems to work according to what he's supposedly worth. He probably has a close knit group of people that he deals with in business matters and involves only the absolutely necessary parties. For all we know, 50 is fronting him money in addition to his own and 50 being the homie, only requires his share back with a very small percentage in profit (all speculation, of course and probably doesnt happen, but I'm saying he could have business partners with like minds) Floyd is practically a sure thing to make money..so it's probably safe to say he's a safe investment.
Mayweather had to pay the promoter as well, he doen't put on any of the shows he's in. And he has some sort of manager as well, not to mention trainers etc. So he doesn't save all that much. The telephone figures we hear come straight from him, even if we hear them from someone else, they first came from Mayweather.
I don't think that anybody really knows what a top fighter earns, there are all sorts of income streams and a variety of money saving "angles". The announced figures are all PR crap. I wouldn't tell you or anyone else what I earn, so why expect it?
nobody really knws what hes worth. he was defintly having money probems with irs and everything. hbo keeps most of the pay per view.
You could be right, but his IRS probems were supposedly grossly exaggerated.
That and not paying your taxes (iirc was the issue) doesn't mean you don't have money. I dont think they made public his numbers like they did with Pac in his country. HBO probably keeps a good ammount in PPV, but do they pay Floyd initially to have the rights to it?
Also someone above mentioned that Floyd gets a cut out of everything and I wouldn't doubt it. He makes it sound like he's involved in everything so who knows.
It's all speculation really and we can't say exactly how he's doing business. Doubt he'll ever say either lol.
mayweather makes a lot of money from sponsors (his guarantee for ortiz was 25million before ppv was considered). I read a article that suggested he also makes money from everything that is sold in the arena on fight night i.e. every beer, hot dog and t-shirt etc sold he will get a little percentage. then there is the fact tht when he is on 24/7 it averages 30% more viewers than 24/7 without him, which would result in the sponsors being prepared to spend more sponsoring him.