Mayweather $1 Million Penalty from Nevada Atheltic Commision?

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  • S.G.
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    #11
    Originally posted by Fights
    $1 Million for Nevada Commission
    + $5 Million Previous Tax
    + $3 Million Current Tax
    + 6 Hundred Thousands Penalty for Marquez
    ---------------------------------------
    $9.6 Million TOTAL
    that's how much he has to give away?

    so he'll probably come away with about $5m

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    • Luis12
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      #12
      so what happened to lil floyd?? floyd is so little?? the guy that barely did the 147??

      i'm waiting for the all floyd suckers with the excuse....

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      • Check
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        #13
        Originally posted by S.G.
        that's how much he has to give away?

        so he'll probably come away with about $5m
        His sparring partners and team don't work for free. By the time he shells out those fees he will have 3 million or so left. Dude is gonna have to fight atleast two more mega fights to secure himself. He better not lose in any of these fights either or else his stock would suffer greatly.

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        • JAB5239
          Dallas Cowboys
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          #14
          Originally posted by S.G.
          that's how much he has to give away?

          so he'll probably come away with about $5m
          You gotta figure almost half of that will also be taxed, plus training expenses, legal fees and money he has to pay his team and entourage.

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          • S.G.
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            #15
            Originally posted by Check
            His sparring partners and team don't work for free. By the time he shells out those fees he will have 3 million or so left. Dude is gonna have to fight atleast two more mega fights to secure himself. He better not lose in any of these fights either or else his stock would suffer greatly.
            Originally posted by JAB5239
            You gotta figure almost half of that will also be taxed, plus training expenses, legal fees and money he has to pay his team and entourage.
            true

            i'm sure he would've continued to fight anyway tho. i struggle to believe he still won't make a significant profit also. i mean, look at all the sponsorships and stuff

            but i'm no accountant or anything (obviously)

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            • JAB5239
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              #16
              Originally posted by S.G.
              true

              i'm sure he would've continued to fight anyway tho. i struggle to believe he still won't make a significant profit also. i mean, look at all the sponsorships and stuff

              but i'm no accountant or anything (obviously)
              Even after all that Floyd will still make more than 99% of all current fighters do in their entire careers.

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              • Fights
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                #17
                Originally posted by S.G.
                I struggle to believe he still won't make a significant profit also. i mean, look at all the sponsorships and stuff

                but i'm no accountant or anything (obviously)
                History sometimes repeats itself. Just look at Evander Holyfield fighting way past his prime because he needs money.

                Being rich now doesn't guarantee that you will be rich forever.

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                • S.G.
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                  #18
                  Originally posted by Fights
                  History sometimes repeats itself. Just look at Evander Holyfield fighting way past his prime because he needs money.

                  Being rich now doesn't guarantee that you will be rich forever.
                  indeed but mayweather obviously is still able to generate money for higher ups therefore is still worth money himself. as long as he's in or anywhere near this position he won't be wanting

                  his frivolousness with his cash doesn't bode well for the future when his income does dry up though

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                  • Fights
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                    #19
                    Originally posted by S.G.
                    indeed but mayweather obviously is still able to generate money for higher ups therefore is still worth money himself. as long as he's in or anywhere near this position he won't be wanting

                    his frivolousness with his cash doesn't bode well for the future when his income does dry up though
                    As long as he's fighting he can keep can continue his lifestyle. I don't know after that.

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                    • JOM'S
                      MANILA ICE
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                      #20
                      Originally posted by Fights
                      $1 Million from Nevada Commission
                      + 6 Hundred Thousands from Marquez
                      ---------------------------------------
                      $1.6 Million TOTAL
                      WTF I dont get it why Nevada gets more than marquez who's a_s is on the line??

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