boxing managers trying to sign me to a contract, questions

[Spacey1991]

Also, if you was to win Golden Gloves, maybe you would get more better offers in from different people... just a thought.

[Derranged_]

You need to speak these exact words, "SHOW ME THE MONEY$$$!!"...

[lettdragon]

here's the thing: there is a manager who wants to sign me to a contract while I'm still doing the amateur thing and leaning towards the Golden Gloves tournament next year, so that way if I turn out to be good no other managers/people in boxing would "steal me".

What's the advice?

to need to ask scully that on here are his site icemanjohnscully. hes a former pro and now trainer he could give you the best advise.

[alphaqfrankie]

not even close my man

managers, good ones REAL ones, often foot the bill on TONS of things.

Training camps- sparring partners have to get paid equipment needs to be bout sometimes renting a gym out, travel etc

Equipment- for training and for fights. Trunks robes corner jackets shoes all cost money.

plus if a fighter is that good then a few managers will give them monthly stipends to keep them from working.

ask Frankie J whose father is one the best managers in boxing bar none he'll tell you how costly it is to run a fighter's career

as for the ammy who is looking for advice.

who is the manager? I know quite a few of them and can give you some advice if you like. I know of a few ammy fighters who have professional managers "assisting" them in taking care of their needs.

thanks bro...your right tho... Managers sometimes give signing bonuses, pay for equipment, medicals, pay for rent, sometimes have to pay for the fights, and more.

Speaking on the behalf of a manager. Or the way my dad does his job. It is very costly. To be real honest, a manager doesn't really earn his money back till the guy fights 10 rounders or obviously wins a title. But yes, the manager usually forks out a lot in the beginning hoping to earn it back later. It's an investment.

[alphaqfrankie]

here's the thing: there is a manager who wants to sign me to a contract while I'm still doing the amateur thing and leaning towards the Golden Gloves tournament next year, so that way if I turn out to be good no other managers/people in boxing would "steal me".

What's the advice?

Assuming your a minor. A manager cannot sign you without your dad signature. And it's not really a manager contract since your not an adult. It would have to be as a "sponsor." agreement.

For example...

he may agree to give you some money up front to sponsor you. But once your 18 and want to sign with someone else. You can, but may need to pay him the money back.

if you have any questions let me know.

It's kind of hard because your post is somewhat vague. Hope this helps some.

[thealfa]

ok to the poster who said it is kinda shady that a manager would want to sign me so that no one would "steal me" is actually legitimate business practice. the manager is trying to protect himself from getting screwed. like a pre-nup, you know. managers will do what it takes to take you to the top. honestly, my boxing training at the moment has never been as fast paced than ever before without this manager talking to me, telling me which gym to go to, trainers to talk to. I'm sorta part of that "in crowd" now with this guy in the picture. this is what managers do, managing. they move you as quick as possible. in any business, people will protect themselves, one might feel they got screwed later on, then that's when Shelly Finkel comes in. LOL.

Kinda like Cus D'Amato signed and took care of Mike Tyson. Didn't he sign something? He should or Cus would never show him the ropes since Cus already knew the boxing game. He's been around. In boxing, or in any business, there is always a contract, it protects one's self. No one likes to get screwed.

I don't know many people in boxing, and ever since this manager I met came into the picture, things are moving faster.

[thealfa]

Assuming your a minor. A manager cannot sign you without your dad signature. And it's not really a manager contract since your not an adult. It would have to be as a "sponsor." agreement.

For example...

he may agree to give you some money up front to sponsor you. But once your 18 and want to sign with someone else. You can, but may need to pay him the money back.

if you have any questions let me know.

It's kind of hard because your post is somewhat vague. Hope this helps some.

No I'm not a minor. It is rare that a manager would give a contract that will screw him/or her in the end by having a fighter that was nurtured or got started by him/or her, then at 18, the boxer runs off with another manager. this is called screwing someone over. no smart business person would ever write a contract that could screw him/or her over in the end. if people have heart, they will know what's fair. we sometimes have to take chances you know?

[thealfa]

id stay a free agent until after the golden gloves tourney homie..if u turn out to be good..then ud have a better bargaining chip and better managers/promoters looking for you.

i don't think there ever was a fighter starting out as a free agent because first of all you have to have a name to do this, and second no one will take you seriously. everyone started from the ground up. plus you have to be a household name to be free agent, like roy jones or mike tyson? aren't they free agent? why? caue they already had a built up resume and a hosuehold name.

"bargaining" does not apply to newbies at all. unless you are Joe Mesi and had a Daddy Mesi who probably was a rich dude to begin with then you can start your own franchise.

Nobodies does not have bargaining power. In life and boxing, taking a change is more realistic.

[thealfa]

Also, if you was to win Golden Gloves, maybe you would get more better offers in from different people... just a thought.

well yeah, but then again if it wasn't for this manager I'm talkin to, i would have never known the gym or the trainer I train with now even existed. Like I said, this manager knows the ropes and thus I am being pushed quicker than ever before. thanks to him, and the gym I go to now is free compared to the other gyms I've been in that charges a monthly fee. I haven't signed a contract yet, but he did mention about buying equipments and taking care of me, etc. and I do have equipments and can take care of myself as well. So far his guide has been tremendously helpful.

10 months til Golden Gloves (May?)...

[Ray*]

Get a good solicitor or lawyer if you're american and have him look through any contract that might put you in trouble in years to come.

If you have a rich father/relative then they might be the best option for you to "Sponsor" your career if not then its best you shop around for the best deal that will provide you with the security you need while you're moving up the amateur-pro level boxing game.....Good luck you are going to need it in this shady world of boxing.