Mayweather Promotions co-promotes with Golden Boy, so who puts the money in the fight purse for 32M? and Maidana's 1.5M?
Do fighters fight in Vegas because the Commission holds the money?
Im not sure why everyone is so surprised Floyd is a Golden Boy fighter, even though he runs around claiming to be a free agent and all this crap. The terms for everyone that fought oscar were generally, you are now a goldenboy figther.
there's a guarantee in his contract that says that he will get a certain amount of guaranteed money within a certain amount of time after the fight.
it's probably the full guarantee within a week or so, or half of the garantee within a week, etc. they wait for PPV money to pile in, which doesn't happen instantly.
mayweather promotions has almost zero involvement in promoting this fight. they don't copromote on an equal playing field with GBP. GBP foots the bill, and htey rake in the profits. floyd gets a garantee, and GBP hopes that the cost of the promotion, and the cost of paying for the fight is covered by PPV sales.
short answer:
nobody cuts floyd a 32 million dollar check. it will be paid to him in several installments over the course of the few weeks following the fight. goldenboy promotions is the company with its name on the checks. he probably gets half within a couple days, and the rest within a couple of weeks.
additionally, fighters have expenses. the better you get, the more expensive they are. you pay a manager up to 33% you run your training camp, and pay for it.
Fairly sure that check signed by Richard Schaefer to Floyd for 40mil makes you look like you have no idea what you are talking about.
No way, check the fight purse for the bradley fight, it was 5-6, even floyd said in "all access" that Pac was a 6 million dollar fighter when he was heckled.
Even Floyd... like Floyd is the ultimate Pacman authority.
Of course Pacman is getting less after he was knocked out cold. You think Floyd would still be getting 30+mill after he got knocked out cold?
But Pre-marquez 4 he was making 25+mill per fight.
there's a guarantee in his contract that says that he will get a certain amount of guaranteed money within a certain amount of time after the fight.
it's probably the full guarantee within a week or so, or half of the garantee within a week, etc. they wait for PPV money to pile in, which doesn't happen instantly.
mayweather promotions has almost zero involvement in promoting this fight. they don't copromote on an equal playing field with GBP. GBP foots the bill, and htey rake in the profits. floyd gets a garantee, and GBP hopes that the cost of the promotion, and the cost of paying for the fight is covered by PPV sales.
short answer:
nobody cuts floyd a 32 million dollar check. it will be paid to him in several installments over the course of the few weeks following the fight. goldenboy promotions is the company with its name on the checks. he probably gets half within a couple days, and the rest within a couple of weeks.
additionally, fighters have expenses. the better you get, the more expensive they are. you pay a manager up to 33% you run your training camp, and pay for it.
Mayweather Promotions co-promotes with Golden Boy, so who puts the money in the fight purse for 32M? and Maidana's 1.5M?
Do fighters fight in Vegas because the Commission holds the money?To be honest, I don't care who cuts my own check as long as it's cut and accurate.
How does Mayweather leverage golden boy to fight for 32M? Bob Arum gets Pacman down to 5-6M, what prevents Golden Boy from saying "floyd, we are going to pay you 5M, take it or leave it" like they did to Maidana's 1.5M?
Because Mayweather pays Golden Boy a fee to co-promote his fights. Keep in mind, he has a lucrative deal directly with Showtime. Not directly with Golden Boy. If Floyd wanted, he could have Top Rank promote his next fight. This is what Miguel Cotto does. Cotto can have either Top Rank or Golden Boy promote his fights, and he's the only one who's used both in recent years.
he gets paid staggered. in the jmm fight he gets 6M before then the rest after the fight.
No he doesn't. It's funny how you have to lie about the way pac gets paid just for the sake of saying he makes close to what Floyd really makes.
No way, check the fight purse for the bradley fight, it was 5-6, even floyd said in "all access" that Pac was a 6 million dollar fighter when he was heckled.
he gets paid staggered. in the jmm fight he gets 6M before then the rest after the fight.
pac gets 20-26M guarantee. the last jmm fight guarantee was 26M.
No way, check the fight purse for the bradley fight, it was 5-6, even floyd said in "all access" that Pac was a 6 million dollar fighter when he was heckled.
How does Mayweather leverage golden boy to fight for 32M? Bob Arum gets Pacman down to 5-6M, what prevents Golden Boy from saying "floyd, we are going to pay you 5M, take it or leave it" like they did to Maidana's 1.5M?
pac gets 20-26M guarantee. the last jmm fight guarantee was 26M.
How does Mayweather leverage golden boy to fight for 32M? Bob Arum gets Pacman down to 5-6M, what prevents Golden Boy from saying "floyd, we are going to pay you 5M, take it or leave it" like they did to Maidana's 1.5M?