1) He does donate money, and apparently does his share of charity work.
2) Who gives a **** whether he donates money to charity? More than 40% of his wages go to tax, as far as I'm concerned it is on the government to distribute that money accordingly. If it is not enough, raise the amount of tax.
Did you read article? It claims that Mayweather is not honest of his charities and there is no proof that donations were ever made.
We all pay taxes at a fixed rate proportional to our earnings. So, he does not pay more than you do.
People are Greedy and Selfish. Its the culture we are raised and live in, everywhere u look it's about getting more and more and more. A person will never have enough to satisfy the desire to acquire. That is truly sad. Lets not just single Mayweather out here though, he might be the top earner but its not like he's the only rich guy out there or in boxing. Never read that article but will have a look later
I agree, it would be unfair to single out Mayweather, but he serves as good example because of his fame, charisma, excellent boxing skills- it attracts larger public attention than any other boxer. Mayweather's outside of ring life, does not inspire young generation as it did in Ali time. This is sad because Mayweather and other boxers own credit to Ali and other great former boxers. Since they made boxing to be loved by many, they turned the boxing to something more than just a sport, it the way of living. Would there be no Ali and et al, who popularized boxing and attracted generations to the art of boxing, we probably would not have had great fighters we after Ali.
I would agree with professional boxing critics that over the past decade boxing trends lead to overly commertializing boxing as for making huge profits with no care to the art of boxing as such. Because of this, we as fans never get the bouts we want, some fights are fixed or blatanly mismatched.
Most people donate because its a tax write off. So its either donate or give it to the government. Dont think for one second these people are doing it out of the goodness of their heart.
It is common misperception, in US charity work does not exempt you from paying taxes niether does it reduce tax rate.
http://24.media.tumblr.com/c4bf7fb32f7d290692e4719a2b1dcf35/tumblr_mknhmnPM4J1ro2i2ho1_500.gif
It's his money. He can do whatever he wants with it. People gotta remember that those "donating" to charities all get a nice tax right off. It's not like they're taking the shirts off their backs. They get that money back.
As I said earlier, in US the charity work does not reduce or levy any taxes.
Whether it's true or not, I really don't care. I'm only interested in seeing him in the ring. This is about boxing and not character study 101.
What it takes to be recognized as one of the greatest boxers? Performance in the ring does not make a boxer great, it is a life he lives outside of ring. Ali will be remembered not only for his boxing performance but for civil movements, for initiating legal acts to defend boxers from promoters' exploitation, for being an inspiration to others. How bio of Mayweather look like?
2) Even if the percentage of the wages taxed was consistent he'd still pay more than you or I because he is earning more. A 40% proportion of 1 million, is more than a 40% proportion of 100 thousand.
Are you suggesting that taxpayer with 1 mil income and taxpayer with 100,000 income should be taxed a fixed amount?
5. maybe he understands that when you give to charity very little goes to the cost and more goes to administrative costs etc.
There is NO way to avoid operational costs but they can be minimized if you hire a talented and dedicated person to run the Charity or Foundation.
Who cares? It's his money he could do what he wants with it. You gotta put yourself in his situation. I would not want people to tell me how to spend my money if I was a millionaire.
Boxing is different from pure money-making buisness. Originally, boxing is a sport and was not intended to generate any profit. I agree, there is no way for a sport to be successful without money involved. However, boxing was overly commercialized in the last decade to generate huge incomes, with no regard to the boxing as such. There are instances of fixed fights, blatant mismatches, overrating of boxers, we do not get fights we want, - we are just being fooled by corrupt promoters and dishonest boxers. Boxing is turned into buisness and being exploited for personal gains. This hurts boxing spirit and as sport of braves.
Seriously bro, really? Do you have no concept of the society you live in, we're capitalists, we try to get richer here. Philosophically speaking however, I think anyone that has more has an obligation to understand their wealth in the context of the larger society and its needs. Everything is connected so no one just magically becomes rich and famous, there's always a price and those that are wealthy should understand this and address it on some level.
We all agree that money should be earned honestly and fairly. It is sad to know that boxing as a sport is being exploited. The boxing was privatized and turned into personal business of few. Think of Colliseum in Rome being privatized by few and make business out of this. Why anyone has to pay for the historical heritage which equilly belong to everyone? Boxing is a sport, and belongs to everyone. I am not saying that boxing should be free, but rather saying not to be exploited to the extend it is being done over past decade.
Boxers do not pick the opponents, promoters do. Simple logic of promoters is to pick the opponent who would generate highest possible income, not because he is competitive. That is why we often get overrated boxers by promoters to justify their picks.
Mayweather can do whatever he wants with money he's earned. His financial obligations are to his family -- they're not missing any immediate necessities because of him -- Uncle Sam (Technically that's giving back), and the leeches that hang around him.
The amount of money he earned out of boxing, selling his image and items with his name and etc. exceeds well a billion of dollars. Just in one fight with Cotto he made 155 mil. dollars. This money would be enough to sustain not only his family but whole neighborehood over the course of several generations.
If we agree that he has no social responsibilities, then we equally have to agree that he uses the art of boxing to enrich himself egoistically. In this case, we sould accept that he hurts boxing rather than enriches it with heritage.
Good thing he's a boxer not a philanthropist and humanitarian right?
If you care about boxing as a craft and be remembered as truly great boxer, you have to build your greatness out of ring as you do it on the ring.
Ali built his heritage, as finest boxer and vivid civil rights supporter, who cared about boxing as a craft, and struggled to protect boxing from corruption. His greatness in his deeds, not in KOs.
umm who cares? just cause youre rich doesnt mean youre obligated to donate shit! its nice when the wealthy donate, but expecting them to is only setting up them up for failure, so it makes sense floyd is being called out on this.
amazing...
The problem I have raised not on donation in itself, but for what boxing is now, because of corrupted promoters and dishonest boxers, we as fans do not get fights we want to see, there are fixed fights, there corrupt ringside judges, there are mismatches...I do support boxers earning a lot money, no problem with that, but I want to have fair, competitive and honest boxing for the money I pay.
It's their money?
Sure it's nice if they do.... but just because they're richer doesn't mean they have to donate
Well, I understand this but professional boxing is different from pure entreunership. It is a sport, demonstrates strong will and determination. Most of the rich boxers come from very poor families: for them boxing was the only solution to earn for living, including Mayweather himself. Paying back to community seems to me logical. See Pacquiao actively involoved to help desperate families back in his home country of Phillipines.
Well its not enough to fix his bad habits. Floyd runs every day I assume. I don't think he spars always, but he stays in relatively good shape.
He does not even have to train at all. He is born-boxer, his geniousity is beyond our comprehensition. To date, he beat all of his opponents, and will beat more.
Who really wants to donate large sums of money when so much of it isn't helping the cost and people are on stupid money for being in charge of it.
It is a viable argument but should not be used as an excuse. There are ways, not doubt, how to increase donation and charity efficiency. There are talanted people, just find a dedicated retired boxer to run the charity.
Floyed is critisized of being greedy and fighting only when he is confident that he will win, and when his purse demands are met. He could have silenced those critics but just acts of goodwill donation and charity, after all it is social responsibility issue.
Its not Floyd's fault its the system we are part of thats at fault
Well, the boxers like Mayweather readily contribute to cementing corruption in boxing.
http://www.badlefthook.com/2013/3/31/4167442/hbo-top-rank-vs-showtime-golden-boy-war-could-be-big-win-for-boxing
Floyd gives back plenty in charity. The difference between Floyd and Manny giving to charity is that Floyd doesn't bring a camera crew with him for photo ops damn near anytime he does something charitable.
If you claim this, you did not read the article. Author's claims that there are no evidences or proofs that Floyd fulfilled his donation and charity promises. He is critisized for being dishonest and making false statements about his charity involvement.
I just can't justify paying money to watch him fight guys with two average fights in a division. I'd much rather watch him fight an actual welterweight one with actual extended experience in the division. Just my two cents, others are welcome to disagree.
I do agree with you. Floyd's inner driving motivation is to have a highest revenue bout with an opponent he surely knows he would beat. All his fights are motivated by this. Canelo is a nice and clever project of Golden Boy, before the fight with Traut he valued close to 2-3 mil., now he is worth over 10 mils. Floyd will choose the opponent who will bring more money to the bout.
Example: there were no reasonable logic to have Matweather vs Marquez, because of huge disparity in weight. Actually Floyd did not made the weight, and came in 4 pound beyond the threshold. The world of boxing was quite suprised to learn that the bout contract was amended few days before the fight to accomodate the excess of weight of Mayweather. There was no way Marquez could win, but it was commercialized as superfight, and brought in huge money. Marquez did not intend to win, all he had to do was go a distance.
If Floyd jr gonna fight only those BOXERS under Golden Boy Promo, then its unfair, cos there are some fighters under Top Rank Promo, that are included inside the top ten P4P.
He should consider co promoting his fights with other Boxing Promo to get the best fight among the Champs inside the top ten P4P
Exactly right! Canelo project is in progress.