:question:
Does anyone have referenceable and accurate information on what an up and coming boxer under someone like Top Rank or Golden Boy makes? Also, what is the avg career lifespan at that level these days?
Income - I'm not talking about the low-end person just starting out. I'm also not interested in the super-elite who make all the news (or Forbes top 100) about their $30 million winnings. Doing a Google search brings back the same statistic of around $40,000 and a 5-year lifespan (13 bouts).
I also realize there is value in someone paying for gym, trainer, food, etc. but I'm strictly interested in cash and endorsement money.
Thanks in advance for any pointers.
well thats ghetto trash for ya.....Go to Hell! You racist piece of shit! I got a better idea. Why don't you go and just suck off both their cocks while you're at it!
Boxing has no interest in actually being transparent in many regards and actually putting in the effort in regards to improving things for the average boxer. I read an article months back talking about these issues with boxing legislation from the Alphabet organizations to the Ali Act, to promoters and fighters purses. Article was written in 2011 and it said there were over 8500 registered professional boxers. Obviously most aren't making anything and work 9 to 5's.
“Boxers are often poor, uneducated, and inexperienced in business”; nearly ninety-nine percent of boxers come from impoverished backgrounds. Thus, boxers obtain representation from managers who handle boxers’ business dealings, usually in exchange for one-third of the boxer’s purse."
Boxing has developed differently than other sports in the United States. Obviously the stakes are much different, but in most other sports you have leagues and teams and **** like Collective Bargaining where you an establish a minimum and maximum salary. Obviously that deals with labor movements in the United States and around the world which spread to every industry.
Boxing has been resistant to actual unions and establishing this. They would actually have to form a league and the "blue collar" boxers would have to advocate for themselves. You would have a fraction of those 8500 boxers in that league(but I think you would benefit from it). But the top earners most likely wouldn't appreciate it. If there were no CBA, Lebron and other super duper stars probably would garner $70+ million a year. Or be able to negotiate deals like Floyd and other top boxing earners command.
"Therefore, top professional boxers may find their earning potential limited by a ceiling on purses established during collective bargaining. While an earnings cap would likely be offered in exchange for benefits accruing to boxing’s vast underclass, it is unlikely that the sport’s elite would assent to, much less actively
pursue, the establishment of a union in which their interests would be decidedly idiosyncratic. Currently, superstar boxers “often have special individual talents” that allow them to exponentially out-earn blue collar boxers under the current system.209 The establishment of a union would permit boxers “to seek the best deal for the greatest number by the exercise of collective rather than individual bargaining power.”210 Thus, the very boxers whose star power would be most essential to the founding of a boxers’ union are also those who would be most likely to oppose it as contrary to their interests".
Check it out. It covers everything important and fundamentally ****ed up in boxing.
https://academiccommons.columbia.edu/doi/10.7916/D8NZ8J6X/download
I know that Evander Holyfield and Mike Tyson grossed more than $300 mil each in their careers and both had ended up filing for bankruptcy because somehow they both wind up broke.
well thats ghetto trash for ya.....
Just LISTEN CLOSELY...
This is still happening in the sport of boxing today. Now you have "Non Disclosure Agreements" forcing fighters to be quiet and pretend like nothing is wrong behind the scenes. So that is why I get a Chuckle out of fans who run around boasting about the fight purse of fighters. In fact the Fight Purses in Pacquiao case was EMBELLISHED to Keep up with Mayweather and it is "ALLEGEDLY" one of the reason why he was left with a HUGE Debt to the IRS. Also doesn't help when you hire these Hole In The Wall Agencies to handle finances and you find out when it is years too late that they been robbing you blind like GGG recently did :nonono:
But Hey, who cares right, you have F#CKING IDIOTS who act like Groupies for these Promoters and are holding them up as some type of Savior for Boxing when they're not the ones who are in that ring taking punches
Promoters are SCUM! $$$ is their Bottom Line, they don't care about the Fighters. We Right now have a guy who can't fly back to the UK right now and had Memory Loss in the 3rd Round but forget talking bout his Health his so called "Fans" and Promoter are talking about where the damn rematch will be :nonono:
Im just look for a list of payouts from a recent fight night. 2016 -2019.
Something like this
ESPN 2 Friday Night Fights
January 7, 2011
Boxer Payout
Ruslan Provodnikov $10,000
Mauricio Herrera $8,500
Demetrius Andrade $8,000
UD-8 Albert Herrera $6,500
Harry Namauu $2,000
Jose Gomez $1,800
Manuel Otero $1,500
Richard Contreras $1,200
Juan Tepoz $1,200
Oscar Andrade $1,200
Deth’Marcus Hall $1,200
Jesus Gutierrez $1,200
Franky Martinez $1,200
Lonnie Smith $800
Total Payouts: $46,300
Average $3,307
Median $1,350
Im aware that boxer's have to payout a lot of people. Im using numbers from here.
Sorry but I cant post direct links.
melmagazine.com/ en-us/ story/ the-economic-breakdown-of-a-boxing-purse-who-gets-what
I know that Evander Holyfield and Mike Tyson grossed more than $300 mil each in their careers and both had ended up filing for bankruptcy because somehow they both wind up broke.
Here’s how that works in simplified form (and it can very from fighter to fighter):
Say a guy gets a $1M purse.
He did not make $1M.
His trainer is probably getting about 10 percent. His manager is probably getting about 25 percent. And taxes probably eat up about 30 percent. The promoter is very likely also getting a cut.
Now that may seem unfair, but in many cases the manager and promoter are actually PAYING the fees (boxer purse, opponent’s purse — in the promoter’s case renting the building, advertising, etc.) at a loss when the boxer is on his way up.
A guy who is 18-0 might make, say, $10K for a fight. And his opponent, knowing he’s probably going to lose and taking a beating, might want $15K. Chances are no income related to that 18-0 fighter is going to cover $25K ... and those numbers in some cases may be much higher (especially with heavyweights), but if someone doesn’t lay out that money he isn’t going to progress up the ladder to make $1M.
And here’s the catch (or a couple of them) — boxers tend to keep their entourages up and pay all their expenses and even salaries in some case when they’re starting to make it ... and of course they have to have the hottest auto that they see in some rapper’s video, and a bigger-than-they-can-pay-for house (because it’s a 20- or 30-year mortgage and they won’t be making that kind of money for that long. They want to live like superstars and have all the bling and trappings, but they put nothing away for retirement. (I know of one current world champion whose manager tells him things in writing about his money — you should put some aside in a retirement fund, you should get a money manager, etc. — and have him sign it so he can’t later say the manager didn’t do him right ... and this boxer understands that and still goes out and buys a Rolls Royce or whatever the next day.)
Also, the IRS taxes the full purse as the boxer’s income — they take, say, 30 percent of that $1M off the top. And the manager’s cut is also a percentage of $1M, and the trainer’s, etc. So it starts out at $700K right away and the manager gets say $250K (and has to pay his own taxes off that amount) and the trainer his 10 percent of a million. So that leaves the fighter with $300K.
The smart ones set it up so the purse is their cut (or maybe even a portion of their cut) and the manager gets paid on the side and the trainer the same, so the IRS takes money out of a smaller pool (the boxer’s actual income) and the promoter pays the others. This is why Haymon fighters, for instance, make more than what their purses are listed as — it’s a way to avoid paying higher taxes. The boxer might have his own promotional company and some of it goes into that, which is a business tax offset by business expenses, etc.
It can be very complicated, but few boxers (or boxing people like managers, trainers or even promoters) have real business and money savvy to do it right.
I know that Evander Holyfield and Mike Tyson grossed more than $300 mil each in their careers and both had ended up filing for bankruptcy because somehow they both wind up broke.
A lot of data is public or required to be. Of course, it only paints half the picture but its helpful.
Another questions, why dont they post the purses any more when they have TV fight nights? Im trying to see what the purses are for the undercards.
Something like in this article, you have to scroll down, but all the fights are form 2011 so the dollar amounts arent considered relevant.
gearupmma.com / sharing-salary-much-professional-boxers-make /
Im too newbie to be allowed to post URLS :)
Boxer Payout
Ruslan Provodnikov $10,000
Mauricio Herrera $8,500
Demetrius Andrade $8,000
UD-8 Albert Herrera $6,500
Harry Namauu $2,000
Jose Gomez $1,800
Manuel Otero $1,500
Richard Contreras $1,200
Juan Tepoz $1,200
Oscar Andrade $1,200
Deth’Marcus Hall $1,200
Jesus Gutierrez $1,200
Franky Martinez $1,200
Lonnie Smith $800
Total Payouts: $46,300
Average $3,307
Median $1,350
:question:
Does anyone have referenceable and accurate information on what an up and coming boxer under someone like Top Rank or Golden Boy makes? Also, what is the avg career lifespan at that level these days?
Income - I'm not talking about the low-end person just starting out. I'm also not interested in the super-elite who make all the news (or Forbes top 100) about their $30 million winnings. Doing a Google search brings back the same statistic of around $40,000 and a 5-year lifespan (13 bouts).
I also realize there is value in someone paying for gym, trainer, food, etc. but I'm strictly interested in cash and endorsement money.
Thanks in advance for any pointers.
I don't and I really ain't sure how that would work. Only way would really be to write to the promoter themselves and just kinda ask 'em. Good luck with that :lol1: Maybe tell 'em you're writing an article for the 'scene or that you're doing a thesis or something. Y'Know, get creative - unless that's actually what you are doing?
Dudes who are already signed with TR or GBP (who have stables of around 50 or so each) are already amongst the blessed few, but there probably is no meaningful average. You win, you get kept on and the paydays go up, you lose more than a couple and you're out the door...
The SACs probably keep records of fight purses fought under their jurisdiction, so that's another possible avenue, but I'm guessing it'd be a lot of work cross referencing all the fighters you're checking out with all the places they've fought. Depends how badly you wanna know this ish I guess.
Anyways good luck with your research, man.
Thanks. That makes a lot of sense but I still needed to ask. Last question, is there a place where I can see the highest paid boxers for a certain year? Let's say 2012. You would think it would be easy to find, but other than searching Forbes Highest Paid Athletes for that year, I'm not finding data. BTW there are only 4 boxers and 1 MMA on this years top 100
Rank-----Name------------------Pay-------Salary/Winnings-----Endorsements
#1-----Floyd Mayweather-------$285 M-----$275 M--------------$10 M
#4-----Conor McGregor----------$99 M------$85 M---------------$14 M
#15-----Canelo Alvarez----------$44.5 M----$42 M-----------------$2.5 M
#25----Anthony Joshua----------$39 M------$32 M-----------------$7 M
#72----Gennady Golovkin--------$25 M------$23 M-----------------$2 M
I don't know where you would find that information and I doubt you would find it anywhere.Each boxer's career is different and I doubt anyone averages them all out and keeps track of all of them.