The Hypocrisy of Margarito fans!
Collapse
-
No fighter ever gets the proposed $ amount. There's the promoters cut, sanctioning fee's, trainer fee's, cornerman fee's, taxes, etc. These things dont apply to just Margarito. They apply to every single boxer out there!
Floyd was offered $35mil to rematch Oscar. That didnt neccesarily mean he was going home with $35mil. U have to take into account all of the above i mentioned.
Dan made the claim that "I am offering Tony 4 million" when in fact he offered it to Bob and the lead in the promotion in exchange for 50% of the TV revenue.
Bob gets the 4 million and takes a lesser % in the TV (not sure about the live gate %) which means his profit would be less. In turn I would have to think that he would try and short change Tony and blame it on having less money to use for promotion, airing the countdown (the promoters NOT HBO pay for it) etc etc
when we say Tony was paid 1.5 million he was paid that sum. Out of that comes his personal cash outs (managers, team, gear etc) so yes they dont see the full amount
but Dan never intends to actually pay Tony that amount but rather give Bob that amount and use it to pay for the fight, including Tonys purse.
thats what I meantComment
-
The problem with Margarito is that he's not a marketable fighter. Coming off a huge win over Miguel Cotto, you'd think Top Rank would've rolled out the red carpet and gotten him a huge payday...but the reality is, his biggest payday is still with Miguel Cotto. He had tentative fights with Clottey, Williams, Zab, and I'll even throw Oscar in there...and nothing has been made except a fight sometime in January against TBD (which again is just a set up for a Cotto rematch)
I think Margarito does deserve the money he wants. Unfortunately, the business side of the sport is what's going to **** him in the end.
Top Rank does not want Margarito as champ for the long stretch.Comment
-
The problem with Margarito is that he's not a marketable fighter. Coming off a huge win over Miguel Cotto, you'd think Top Rank would've rolled out the red carpet and gotten him a huge payday...but the reality is, his biggest payday is still with Miguel Cotto. He had tentative fights with Clottey, Williams, Zab, and I'll even throw Oscar in there...and nothing has been made except a fight sometime in January against TBD (which again is just a set up for a Cotto rematch)
I think Margarito does deserve the money he wants. Unfortunately, the business side of the sport is what's going to **** him in the end.
Top Rank does not want Margarito as champ for the long stretch.Comment
-
The other $35 Million goes to HBO/Time Warner and Golden Boy Promotions.
Out of Oscar and Floyd's cuts they have to pay their managers, trainers, training expenses, entourage, taxes, etc.
For a $4 million dollar offer (guarantee plus PPV upside) for Margarito, Arum would take his 30% (or less) and Margarito would be left with the other 70%, out of which he would have to pay his usual expenses (trainers, managers, etc).
That still adds up to his highest payday ever.Comment
-
The problem with Margarito is that he's not a marketable fighter. Coming off a huge win over Miguel Cotto, you'd think Top Rank would've rolled out the red carpet and gotten him a huge payday...but the reality is, his biggest payday is still with Miguel Cotto. He had tentative fights with Clottey, Williams, Zab, and I'll even throw Oscar in there...and nothing has been made except a fight sometime in January against TBD (which again is just a set up for a Cotto rematch)
I think Margarito does deserve the money he wants. Unfortunately, the business side of the sport is what's going to **** him in the end.
Top Rank does not want Margarito as champ for the long stretch.
Top Rank wants him to fight Clottey again because lets face it Clottey is their fighter. Whoever loses that fight IMO doesnt matter to Top Rank because either way they still have the belts (now a two belt holding champion) to offer their money machine, Miguel Cotto.Comment
-
Comment
-
but here's the thing that I am saying
Dan made the claim that "I am offering Tony 4 million" when in fact he offered it to Bob and the lead in the promotion in exchange for 50% of the TV revenue.
Bob gets the 4 million and takes a lesser % in the TV (not sure about the live gate %) which means his profit would be less. In turn I would have to think that he would try and short change Tony and blame it on having less money to use for promotion, airing the countdown (the promoters NOT HBO pay for it) etc etc
when we say Tony was paid 1.5 million he was paid that sum. Out of that comes his personal cash outs (managers, team, gear etc) so yes they dont see the full amount
but Dan never intends to actually pay Tony that amount but rather give Bob that amount and use it to pay for the fight, including Tonys purse.
thats what I meantComment
-
very true which is why Margarito and his team are going against the grain of what Top Rank wants him to do. They initially wanted a Shane fight but it sounded like Shane kind of hedged his bet a bit by saying Margarito would be busy with Cotto, which isnt until the summer.
Top Rank wants him to fight Clottey again because lets face it Clottey is their fighter. Whoever loses that fight IMO doesnt matter to Top Rank because either way they still have the belts (now a two belt holding champion) to offer their money machine, Miguel Cotto.Comment
-
That's just plain incorrect.
The other $35 Million goes to HBO/Time Warner and Golden Boy Promotions.
Out of Oscar and Floyd's cuts they have to pay their managers, trainers, training expenses, entourage, taxes, etc.
For a $4 million dollar offer (guarantee plus PPV upside) for Margarito, Arum would take his 30% (or less) and Margarito would be left with the other 70%, out of which he would have to pay his usual expenses (trainers, managers, etc).
That still adds up to his highest payday ever.Comment
Comment