Team Cotto sends home sparring partner Gato Figueroa

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  • King Jaffe Joffer
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    #31
    Originally posted by RTS
    Arum is paying for the training facility,traveling, and everything else involved. Dude can do whatever he wants.
    Thats true to an extent. Im sure taking 30% of Cotto payday will pay for those facilities and traveling...

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    • Boxer1590
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      #32
      Originally posted by King Jaffe Joffer
      Thats true to an extent. Im sure taking 30% of Cotto payday will pay for those facilities and traveling...
      Yes your probably right but my point is....Arum/Top Rank takes care of pretty much everything. Cotto's job is to train and fight.

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      • DC Fight Fan
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        #33
        Originally posted by RTS
        Please don't quote untruths as fact
        Obviously you have no idea how the business works.

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        • Boxer1590
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          #34
          Originally posted by DC Fight Fan
          Obviously you have no idea how the business works.
          I work for a promotional company in New England, and I've been boxing for 6 years. I probably have a better grasp on things than you.

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          • Ch@mpBox@PR
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            #35
            Originally posted by RTS
            West End of the city mayne. You familiar with NB?
            My Newphew lives there with his Dad!!!

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            • Boxer1590
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              #36
              Originally posted by Ch@mpBox@PR
              My Newphew lives there with his Dad!!!
              That's cool.....I guess lol this city is a dump. There are some good areas though in the South End near the beach and far North.

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              • DC Fight Fan
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                #37
                Originally posted by King Jaffe Joffer
                Thats true to an extent. Im sure taking 30% of Cotto payday will pay for those facilities and traveling...
                This is not true either. The "Muhammad Ali Boxing Reform Act" prohibits promoters from taking percentages of fighters purses on shows where they promote the live gate and all media ancillary rights. Bob Arum is not entitled to enforce his contractual "Promoter's %" on either Manny Pacquiao or Miguell Cotto. The fighters will receive their pre-negotiated purses minus expenses and taxes if they so choose as well as any pre-negotiated PPV percentages due. Bob Arum will receive the live gate revenue unless he sold it previously to a casino or site promoter and his cut of PPV revenues as well as any advertising he may sell in regards to the fight. Arum and HBO will assume the marketing expense and all other fight expenses as agreed upon. Arum will be responsible for the undercard purses as well as all travel and meals. The room and meals are usually comped by the host casino as part of a site or advertising trade agreement. Arum will also receive a hefty fee from HBO.

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                • DC Fight Fan
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                  #38
                  Originally posted by RTS
                  I work for a promotional company in New England, and I've been boxing for 6 years. I probably have a better grasp on things than you.
                  It doesn't appear so. Who do you say you work for? Jimmy?

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                  • zalez787
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                    #39
                    Who cares about this guys , bottom line is nobody out there right now can emulate paquiaos style , too much speed , too much movement , too much footwork , too much attributes to emulate

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                    • Talisayen
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                      #40
                      Most probably Gatto was asking for a bonus money by KTFO Cotto in front of Arum.

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