Teofimo Lopez Purse Breakdown! OVER 50% GONE OFF THE RIP! ARE MY BREAKDOWN CORRECT?

[TJ highway]

This has always been the bad face of boxing. Men get rich who don't deserve it, on the backs of fighters who risk there lives.

http://<iframe width="560" height="315" src="https://www.youtube.com/embed/lNXTKVxOmfk" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

[Rockybigblower]

well **** like that dont really scale, for instance the sanctioning bodies usually get capped at a certain number and at that rate your trainer and team get a flat fee, your promoter usually only getting 15% so the more you make the less you are spending in a way.

Still...let's say he takes 25 and not 11....it's still a rip of 15 Mil.

[kiaba360]

This has always been the bad face of boxing. Men get rich who don't deserve it, on the backs of fighters who risk there lives.

http://<iframe width="560" height="315" src="https://www.youtube.com/embed/lNXTKVxOmfk" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

Additionally, the purse bid is 6,018,000...not 6,180,000. 65% of that is $3,911,700. Based on the percentages,

Lopez gets $3,911,700
20% to Top Rank - $782,340
12% To ABC - $469,404
20% to Manager/Trainer etc - $782,340

Before taxes, Teo is making $1,877,616...a $627,616 increase from his $1.25M minimum.

[TheBoxGod]

Sorry you lost me here, what's the 3x4 coming from? Shouldn't that be 24 divided by 2? Sorry I'm not understanding.

3% is the base fee the sanctioning bodies take. Theirs 4 sanactioning bodies onthe line, the WBA, WBO, IBF, WBC.

This has always been the bad face of boxing. Men get rich who don't deserve it, on the backs of fighters who risk there lives.

http://<iframe width="560" height="315" src="https://www.youtube.com/embed/lNXTKVxOmfk" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

Sad really how many people have a right to dip their hands into your money before you are allowed to.

Still...let's say he takes 25 and not 11....it's still a rip of 15 Mil.

But yeah big chunks are taken off regardless. Its how this crazy sports go. #boxing

Additionally, the purse bid is 6,018,000...not 6,180,000. 65% of that is $3,911,700. Based on the percentages,

Lopez gets $3,911,700
20% to Top Rank - $782,340
12% To ABC - $469,404
20% to Manager/Trainer etc - $782,340

Before taxes, Teo is making $1,877,616...a $627,616 increase from his $1.25M minimum.

:thumbsup:

[anonymous2.0]

Where did you get those percentage numbers from? I get the organization %'s because those are public but I didn't know Top Rank and Manager %s were known

[Eff Pandas]

Triller put up $6,180,000 (the IBF mandates 65-35 split in Lopez favor)

Lopez gets $4,017,000
20% to Top Rank - $803,400
12% To ABC - $482,040
20% to Manager/Trainer etc - $803,400

So after all expenses are paid off he has a taxable income of $1,928,160 (which should be taxed at 37% = $713,419)

So after all expenses paid off and his personal income taxed he has $1,214,741 take home from a $4,017,000 paycheck. #BOXING

I think when you got multiple belts you can lower the % you pay so I don't think 12% would be going to the ABC groups. I've heard other multi-belt holders bring it up. How low you can get it idk or got any guesses on doe.

I also don't know the specific deal Teo has with his trainers & manager so I'll assume you know more than me on this or 20% is just your best guess.

BUT that said I think you are in the right direction largely with this estimate. And just think how sh^tty he'd have done if he'd not gone to a purse bid & just taken the $1.2M gross offer when this $4M gross purse bid outcome works itself out to $1.2M take home pay.

[Eff Pandas]

Where did you get those percentage numbers from? I get the organization %'s because those are public but I didn't know Top Rank and Manager %s were known

Bob has been saying he's getting 20%.

[Eff Pandas]

Bob gets $800,000 for this fight and all he has to do is absolutely nothing + Lopez has a 3 year contract and this fight will now push his contract a few more months since is not company

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I've never heard of anything like that & I don't believe it to be true. I mean its not like this is a injury situation where Teo is out of the ring for x months & therefore TR would be losing value for x months by him not being able to fight. Teo is fighting & TR gets a check. There is nothing happening here that would require the contract to be extended.

[Cinci Champ]

Additionally, the purse bid is 6,018,000...not 6,180,000. 65% of that is $3,911,700. Based on the percentages,

Lopez gets $3,911,700
20% to Top Rank - $782,340
12% To ABC - $469,404
20% to Manager/Trainer etc - $782,340

Before taxes, Teo is making $1,877,616...a $627,616 increase from his $1.25M minimum.

which would also be taxed

[TheBoxGod]

Where did you get those percentage numbers from? I get the organization %'s because those are public but I didn't know Top Rank and Manager %s were known

Yup 20% is what is being reported, is what Bob Arum is claiming and Teofimo contract was leaked a few months ago I never seen em and cant find a copy but it was confirmed they were leaked so someone seen them.

I think when you got multiple belts you can lower the % you pay so I don't think 12% would be going to the ABC groups. I've heard other multi-belt holders bring it up. How low you can get it idk or got any guesses on doe.

I also don't know the specific deal Teo has with his trainers & manager so I'll assume you know more than me on this or 20% is just your best guess.

BUT that said I think you are in the right direction largely with this estimate. And just think how sh^tty he'd have done if he'd not gone to a purse bid & just taken the $1.2M gross offer when this $4M gross purse bid outcome works itself out to $1.2M take home pay.

Yeah I heard other fighters mention it but I have never been able to pin point any data on that so I think that is just a on case by case basis for figthers who even bring it up (I think most just pay up and shut up) Also I did some digging and found on wbc rules they do cap the fees at 100K so I'll readjust my estimate right now.