This is even a bigger reason of why we need to regulate boxing better. Have someone from the outside step in and not let the sport regulate itself.
I sent you a PM btw about tonight.
Got it. Responded.
Yeah, bro. A pension system with healthcare benefits would be the biggest thing. I know it's not likely to happen, boxers would have to unionize, but it would be the best thing that ever happened to this sport.
As I mentioned before, baseball players get a full pension after ten years. It's on the order of $180k per year. It's not like they need it, either. A benchwarmer that makes it that many seasons will have earned in excess of four million dollars. If you haven't provided for your future with that, you deserve what you get, as far as I'm concerned.
The highest paid boxer might get paid more than the highest paid baseball player...might. Mike Tyson is said to have made $300 million in his career. Alex Rodriguez, to use one example, had a ten year $252 million contract. This, of course, didn't include all the endorsements (worth many millions more) and all the perks, a couple of which I mentioned in my previous post. But, unlike boxing, baseball has many more athletes making tens of millions of dollars per year; and even a scrub earning the league minimum is making in excess of $400k per year.
If we compare Cuban boxers to Cuban baseball players, it's an absolute joke. Guys like Gamboa, Lara and Rigo arrived in the US years ago and have been working on their careers practically from the moment they arrived. Jose Abreu of the Chicago White Sox signed a six year $68 million dollar contract even before landing on US shores less than a year ago. And he was considered a bargain! The way Abreu is performing, teams will be fighting to sign him for over $150 million when his current contract expires.
Making it big in boxing is many more times unlikely than hitting the powerball jackpot. Guys like Mayweather and Pacquiao are literally one-in-several-billion. More fans ought to appreciate the significance of that.
This is even a bigger reason of why we need to regulate boxing better. Have someone from the outside step in and not let the sport regulate itself.
I sent you a PM btw about tonight.
Agree with everything you wrote. The thing with boxing is that if your able to beat the odds and somehow become the face of your sport ( Mayweather, PAC, Oscar, Tyson, SRL,Ali, Joe Louis). You'll probably make more $ then any other athlete of your era.
History's shown that boxers will most likely get taken advantage of and lose a majority if not all of it. But the earning potential in boxing for the top 1 or 2 guys is absolutly crazy especially now in the PPV era.
The highest paid boxer might get paid more than the highest paid baseball player...might. Mike Tyson is said to have made $300 million in his career. Alex Rodriguez, to use one example, had a ten year $252 million contract. This, of course, didn't include all the endorsements (worth many millions more) and all the perks, a couple of which I mentioned in my previous post. But, unlike boxing, baseball has many more athletes making tens of millions of dollars per year; and even a scrub earning the league minimum is making in excess of $400k per year.
If we compare Cuban boxers to Cuban baseball players, it's an absolute joke. Guys like Gamboa, Lara and Rigo arrived in the US years ago and have been working on their careers practically from the moment they arrived. Jose Abreu of the Chicago White Sox signed a six year $68 million dollar contract even before landing on US shores less than a year ago. And he was considered a bargain! The way Abreu is performing, teams will be fighting to sign him for over $150 million when his current contract expires.
Making it big in boxing is many more times unlikely than hitting the powerball jackpot. Guys like Mayweather and Pacquiao are literally one-in-several-billion. More fans ought to appreciate the significance of that.
That goes without saying. A lot of people don't know this, but MLB players get a full pension after ten years. On top of that, players get a stipend of (last I knew) $100 a day meal money. Imagine that! The stars and the bench-riders alike get these benefits. In boxing, a handful of stars get paid well enough to retire comfortably. The rest get little more than bodily damage. It's depressing to think about, but it's the reality.
Agree with everything you wrote. The thing with boxing is that if your able to beat the odds and somehow become the face of your sport ( Mayweather, PAC, Oscar, Tyson, SRL,Ali, Joe Louis). You'll probably make more $ then any other athlete of your era.
History's shown that boxers will most likely get taken advantage of and lose a majority if not all of it. But the earning potential in boxing for the top 1 or 2 guys is absolutly crazy especially now in the PPV era.
I don't know why some people hate Haymon. He gets his fighters paid. If Lara had any other manager his purse would be south of 600k.
I don't think hate is the proper word for the general dislike towards Haymon. I believe the reason why fans dislike him is because of the crappy competition his fighters are lined up against. Sure they get a pay day but is it proper for them to receive a hefty check from fighting lower leveled opposition when his fighters are elite champions or contenders? His world champs and contenders are fighting competition fit for a prospect and getting dates on shotime to display a mediocre showcasing for a decent payment. How is that healthy for the sport? How is it fueling competition? It's not. It promotes ducking, cherry picking but some fans justify it because, "they gettin money doe :) " and it doesnt work that way. As long as fighters aren't get ripped off and are holding a belt, we as fans of the sport would like for them to carry themselves as such and defend or fight proper opposition.
Mares still the highest paid in GBP/Haymon's lower weight stable....not counting GR Jr because he only got that much thanks to Lomachenko
#CaneloLara purses: Canelo $1.5M, Lara 1M, Mares 400k,Oquendo 50k, Juanma 125k,Vargas 75k,Perez 100k,Herrera 125k,Kameda 60k, Sor Singyu 40k— Dan Rafael (@danrafaelespn) July 9, 2014
I don't know why some people hate Haymon. He gets his fighters paid. If Lara had any other manager his purse would be south of 600k.
Since you want links, where's YOUR link of how this stuff works? Promoters do not get money from the fighters. But you keep believing what you want.
Classic deflection tactics when you know you have no case
All whilst damaging their brains :o
That goes without saying. A lot of people don't know this, but MLB players get a full pension after ten years. On top of that, players get a stipend of (last I knew) $100 a day meal money. Imagine that! The stars and the bench-riders alike get these benefits. In boxing, a handful of stars get paid well enough to retire comfortably. The rest get little more than bodily damage. It's depressing to think about, but it's the reality.
So 4 million in purses for the PPV. Say $60 is the PPV price and say it does 250k. GB should still see a profit if my thinking is on point— Ernest Gabion (@eaner0919) July 9, 2014
Math? Who needs it?
$60 * 250k = 15m. PPV distributor takes 7.5m
Promotion is left w/ 7.5m plus the gate to pay 4m in purses. Obviously this is a winner business wise for the promoter and obviously Canelo will get a solid cut of the 4-5m surplus even at those conservative estimates.
Now if it does 350k we're talking 21m in revenue or 10.5m plus gate for the promotion.
I want an actual link to a respectable source, not some quote from a dude on NSB I've never heard of before
Think of boxing promoters like movie producers. They pay all the expenses to set up the fight and guarantee who ever fights on that card their purses. They keep whatever is left over and some fighters get a cut of the PPV like some movie stars get a cut of the ticket sales.
Since Lara is not a GBP fighter, he needs to pay a fee cuz GBP ain't doing that sh*t for free. Its no secret that Floyd pays GBP a fee for promoting his fights.
So if Floyd has to pay a fee, what make you think Lara doesn't?
Since you want links, where's YOUR link of how this stuff works? Promoters do not get money from the fighters. But you keep believing what you want.
Geeez man. Here you go:
I want an actual link to a respectable source, not some quote from a dude on NSB I've never heard of before
Think of boxing promoters like movie producers. They pay all the expenses to set up the fight and guarantee who ever fights on that card their purses. They keep whatever is left over and some fighters get a cut of the PPV like some movie stars get a cut of the ticket sales.
Since Lara is not a GBP fighter, he needs to pay a fee cuz GBP ain't doing that sh*t for free. Its no secret that Floyd pays GBP a fee for promoting his fights.
So if Floyd has to pay a fee, what make you think Lara doesn't?
Boxing is a tough, tough sport to make it in, man. Canelo is one of the biggest names in the business, yet he probably makes less than a "pretty good" Major League Baseball player. When you consider that there are precious few boxers that make more than him, it's just sad. Sadder still are the numbers for the guys in the trenches.
Damn, Lara got a great deal. I'm surprised he's making that much.
I don't know what I'm more surprised at: Lara getting that much, or Canelo getting that little. I would've expected Alvarez to score between two and three times what Landy's making.
Why should we care about how much they got paid? I don't get it.
Cause you get a cut. You haven't been getting your checks in the mail every time you've checked to see how much a fighter you like is making? Hmm, that's weird.